Alexander Deligtisch

Is Hansen Natural a Value Trap?

Thanks for your comments - that is an interesting additional way at looking at how to value all the cash the company is throwing off.

Regarding the international expansion, I agree that it could be modeled out further. I just mentioned that there was more growth coming there, but it was not factored in to my valuation, so it was just a further risk mitigant with some upside which is almost certainly there. But point well taken.