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Flexible packaging production leader: Sealed Air (SEE) (1960)

Sealed Air Corporation (NYSE: SEE) was established in 1960 and is headquartered in Charlotte, North Carolina, USA, with 24,000 full-time employees. It is a global leader in flexible packaging production, including food packaging, vacuum packaging, and cushioning packaging , Mailing packaging and polyolefin foam board products, etc.

Sealed Air SEE Logo

Sealed Air Corporation (SEE):

Sealed Air mainly produces vacuum packaging, cushioning packaging, food packaging, mailing packaging and polyolefin foamed sheets. The products are mainly sold to food companies, catering service companies, supermarkets, retailers, etc.

A brief history of Sealed Air:

  • In 1957, Alfred W. Fielding and Mark Wan tried to invent plastic wallpaper and backing paper;
  • In 1960, Sealed Air was established;
  • In 1970, Sealed Air acquired Smith Packaging Ltd and renamed it Sealed Air of Canada, Ltd, marking the company’s entry into the international market;
  • In 1973, Sealed Air’s first non-bubble technology-based product, Ply-Mask, came out, a polyethylene film used to protect pressure-sensitive and scratch-sensitive surfaces;
  • In 1973, Sealed Air acquired 10% of the French manufacturing company Sibco Universal, SA. In the following years, Sealed Air successively acquired the remaining shares of Sibco and became Sealed Air Solar Blanket;
  • In 1983, Sealed Air acquired Cellu Products Co. and Dri-Loc;
  • In 1987, Jiffy was acquired;
  • In 1991, Sentinel was acquired;
  • In 1993, Sealed Air acquired the Shurtuff division of Shuford Mills, Inc.;
  • 1994 was a big year for acquisitions. Sealed Air successively acquired Hereford Paper, Allied Products Ltd., Sup-Air-Pack and several packaging companies in Norway, France and Italy;
  • In 1998, Sealed Air acquired WR Grace’s Cryovac business for US$4.9 billion;
  • In June 2000, Sealed Air acquired Dolphin Packaging for US$119 million;
  • In October 2011, Sealed Air acquired Diversey Holdings, Inc.;
  • On July 23, 2014, Sealed Air announced that it would move its global headquarters to Charlotte, North Carolina, USA;
  • On August 3, 2015, Sealed Air (SEE), a food hygiene and safety, facility hygiene, and product protection company, announced the acquisition of French equipment design and manufacturer B+.

Sealed Air Corporation (SEE) investment:

The following are suggestions from Beacon College:

Since its listing in 1998, SEE’s stock price has been tepid, and has been repeatedly blocked by the resistance of the historical high of $34 formed in the initial stage of the listing.

Sealed Air MK

In August 2014, the stock successfully broke through the resistance of the platform to open up the upside, and the growth rate began to accelerate. The stock has risen +51% in the past year, and it ranks in the top 5% of the S&P 500 constituent stocks.

Especially recently, a number of hedge funds have aggressively increased their holdings in packaging industry stocks, causing stocks in the same sector to rise sharply. SEE’s stock price is constantly setting new record highs.

Operation strategy:

From a short-term technical perspective (day k), SEE stock price can be described as step by step, and the trend is very stable. What’s interesting is that the stock seems to fall back and consolidate for a period of time every time it rises by $5. Recently, after breaking through the previous platform, the stock has reached the target of +$5 near $53. If the above rules can continue, it means that the recent consolidation of the stock may retreat to the $48-$50 range again, thereby providing long-term investors with a chance to re-enter the market.

Specific operation strategy:

Long-term buying range: $48-$50 area buying method: callback buying

Initial stop loss: $47.9 Upside first target: $53

Risk-reward ratio: 1:3 Upside second target: $58

The stock is suitable for long-term investors, and price is a key factor for success, so you need to wait patiently for the stock price to fall to the above-mentioned area before entering the market. The stock is still in the stage of slowly rising, the long-term target should be much higher than the above-mentioned second target.

SEE 2015-6-26

Total market value: 11.02 billion

Earnings per share: 1.20

Price-earnings ratio LYR/TTM: 23.83/39.61

50-day moving average: 43.89

Total equity: 211 million

Net assets per share: 5.52

Price to book ratio MRQ: 8.43

200-day moving average: 39.12

Institutional shareholding: 97.31%

Dividend/income: 0.13/0.52

Days to make up for short positions: 2.10

Company official website: http://www.sealedair.com/

Market trend: http://finance.yahoo.com/q?s=SEE

American Stock Encyclopedia: https://www.thisyear.com/see.html

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