Updates on Two Portfolio Names
Latest thoughts on Bunge Global and OCI following recent earnings releases.
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Two of my most interesting Model Portfolio names, Bunge Global (BG) and OCI (OCI) recently released Q4 / FY23 full year results, so I thought I’d share my updated thinking and analysis on both names.
Interestingly, BG and OCI share an interesting connection in that BG CEO Greg Heckman sits on the board of OCI. Aside from this management connection, both companies also share a similar corporate profile in my view, being somewhat unique and strategically valuable assets undergoing transformational events that should unlock substantial value for shareholders in time.
So lets examine their latest results, starting with BG…