Pyxus International Inc (PYYX)

[Helter Skelter]

Great post SSEA...

Had to re-post it, added the red text:

I think if MO (Altria Group NYSE) wanted to own these assets in some kind of vertical strategy that they probably had that opportunity when the Company was in the bankruptcy process. I think the reason they don't want it is because to run this business at scale, you have to serve a diversified customer base and MO doesn't want to be in the position of having to serve it's competition as customers in any part of the business and vice-versa.

I think the very simple situation is that this company is necessary. The big guys don't want to deal with farmers in asia any more than they want to speak to a house subcommittee on the dangers of e-cigarettes....lol, good one SSEA

That means that PYYX is pretty solid with respect to customer relationships/support/receivables/etc. It's yet another reason the breakdown ratio of the enterprise valuation makes no sense of any kind whatsoever.

2023 is The Year of the PYYX! :)