What's Going on With Tupperware's Stock?
ฝัง
- เผยแพร่เมื่อ 26 ก.ย. 2024
- Tupperware's Stock is up 700%+... let's dive into why this boring company is seeing less-than-boring performance.
SEC Report link: www.sec.gov/fi...
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DISCLAIMER:
Richard does not have a position in ticker IEP or any mentioned stocks.
This channel is for education purposes only and does not constitute financial advice - Richard is not responsible for investment actions taken by viewers. Please seek out a registered advisor if you require assistance (while Richard is a registered portfolio manager at WDS Investment Management, he does not provide advice through The Plain Bagel, which is not affiliated with his employer).
I bought TUP about 15 years ago. Been quite a ride. With the 700% increase, I'm only down 74% from when I first bought it.
Lmao 🤣 gottem! Real lol here at work
Lol
It's nice to hear someone being honest about their stock picks. My worst was the company @home in the 90's.... Ugh.
Now that’s the spirit!
I hope you got out 😅
Since I started using Pyrex containers instead of plastic ones, my view on the containers market has become a lot clearer.
Do you know the difference between Pyrex and pyrex? One is the legit product and the other is some kind of licensing deal to use the name on awfully poor quality products that are dangerous to microwave.
I see what you did there :P
@@BlacksmithBets I didn't know that. This explains the exploding PyReX plates destroying my microwave oven. But no matter. I've stockpiled boxes of microwave ovens in my garage, and microwave oven manufacturers' stocks in my portfolio. I'm pretty sure it'll go up the more I buy ovens.
rofl how has no one said "nice one" yet
You bastard.
As a non-native English speaker, I didn't even realize that Tupperware was the brand name. I just thought it was the word for plastic food container and called all of them Tupperware
that’s just how good the product is, when the brand entirely owns that product
I'm not the only one feeling that thank goodness
Tupperware parties are also, weirdly, a thing in Europe, fyi.
How a company could have grown this level of name recognition with that kind of sales method is beyond me.
30 years ago, it was a pyramid scheme, housewives trying to earn an extra buck😂
@@TheSteinbitt30? Try 50-60
That's interesting. I can kind of understand why Tupperware parties went out of fashion in the US, not the least reason being more women moving into the workforce and two-earner households, but I'm curious about the domestic culture in Europe that makes Tupperware parties viable? Well, maybe viable isn't the right word ...
@@PapaCharlie9 As I said, no Tupperware parties here for 30 years, and that was the last gasp, it’s heyday was 50 years ago I think.
@@TheSteinbitt A MLM is arguably a worse investment than a pyramid scheme, because if you get hooked into it you can lose everything and go into debt.
I can’t remember when I subscribed to your channel. I think 4-5 years ago. I’m amazed at how well you have done sir. I’m glad people are finding and watching a channel that is boring about finances in a good way. TH-cam has was too much BS on investing, financial info ect. Again well done sir!
“Rallies. Rallies never change.” lights a cigarette. “Games Stock. 2021. I was there. Sometimes I feel like I still am…”
Plastic containers were all the rage in my grandparents and parents day. But in the last two decades both my and my parents households have moved away from plastic storage containers entirely, out of concern over long-term degradation of the plastic into the food.
These days we all use glass containers with plastic snap-on tops. I don't think its tupperware, though. These things are so generic that we don't even care who the manufacturer is. If its food-grade glass, its safe.
Fr, i use all glass containers now. They're less convenient, but you only get one life and I figure i shouldn't kill myself with extra microplastics.
I've been avoiding the microwave also
Why would plastics get into your food? I’d be more worried about glass in my food tbh
@@TheSteinbitt plastics break down and leach into your food. aluminum is also bad to cook in as that leaches into food also. Alzheimer patience have elevated aluminum levels in there blood test
@@JD-yx7be I’ll have to check into that, thanks.
I literally didn’t know Tupperware was a company until I saw this video…I don’t know what I thought it was but def didn’t think a whole company was based on plastic containers
Same. I thought is was A Product, not THE Product.
And it's not a subsidiary too.
And it's gone publicly traded and all, giving us this precious insight in the first place.
So you never had a Tupperware party. It started out strange like a commission individual people who were friends go selling the product to people. Didn't know that they were on the stock market but it was one time the only real product for such containers hence why people still use Tupperware for basically any containers with sealed lids
ADHESIVE MEDICAL STRIPS
I made 270% gain so a whole $50.
#balling
Baller
Sell it now or lose it.
If it is good enough to post about it is good enough to sell.
Actually sell some % (my suggestion says 50% but we could draw the chart and pick up the most optimum point since even with selling half of the stock you own, you get a still great +35% return on the whole purchase price) and take a slight risk and leave the other half of the stock in the market, hopefully the meme people can drag it on for a few more days at least, most probably).
Who needs Morning Brew when you got Richard and The Plain Bagel
I have an older coworker who used to do Tupperware parties! She said she made good friends that way. It's really sweet.
My take-away from this is that there's potentially a limited amount of time left to buy *some actual tupperware* before the company goes out of business forever.
And considering that I still have some tupperware that once belonged to my grandma, that's an investment worth making.
Last time I lost money on GME by going long. That means this time I need to short Tupperware. Literally can't go wrong. /s
My favorite part of the stock market is how a company can release a quarterly report way beyond expectations and still drop 20% on market opening.
Earnings are not forward-looking. Listen to a lot of 2020 Q2/Q3 earnings calls, some companies were smooth sailing but b/c management guides the ship, so to speak, good earnings do not necessarily translate to rallies in the stock
Google "IV crush"
i bought as soon as i heard in the Reuters and super happy with the results:) I sold already with 65% increase. I guess you can say i wasnt too greedy
Whew, for a moment there I thought he was going to say, Tupperware was going to pivot to AI or blockchain.
Now that is hilarious 😀
I know nothing about how the Tupperware company is run, but they do make a good product. Here's hoping the company can turn things around.
You know public companies are a really F'd up business model when "The product is very good." is a bad thing.
Ah, planned obsolescence; without it non-consumables kind of have a limited amount of sales they can make before everyone has what they need.
The way he casually slipped in the “ not entirely clear “ joke took me out 😂😂😂
Made a good trade on this one actually. And also had the bright realization that this might be another bbby moment so better take the profit and be happy instead of looking at the sun too long
Honestly I'm surprised they've gone on as long as they have. MLM structures depend on regular sales so the sellers gain commissions, which is most conducive to dealing with consumables, and Tupperware is not a consumable product. What I also think is interesting is that the memestock phenomenon has added another huge and unpredictable risk to stock shorting.
Yeah, that’s what especially baffles me about some MLMs. The whole concept is a mess in general, but at least those selling consumables like health supplements or cosmetics have a chance of getting repeat sales; things like Lululemon’s clothes, Cutco’s knives, Kirby vacuums, etc don’t get that, so good luck constantly looking farther afield for new customers.
Caravan stock , went as low as 3$ and CNBC made a video on it when caravan stock was at 3$, I regret not buying it, because now it's 45$ and I could have 15x my money
It's kind of a shock that Tupperware would be struggling, but then I guess that while its product is a very good product, that means lots of competition, so that most of the things I've used that are "tupperware" are not actually Tupperware. They're similar products from everyone from Glad to Rubbermaid, especially Rubbermaid. That's gotta suck for them as a company. They weren't even wrong. They just turned from Kleenex into kleenex, and that's why we avoid that.
In New Zealand I don't think you can even buy Tupperware anymore but we still often call any plastic container tupperware haha
When your product last for 10+ years with lifetime exchange warranty, you market is significantly restricted.
Yeah, I’ve heard that affect a lot of product, from Baggies to Kleenex to Linoleum; I’ve heard it called generonyms/generocide. It’s also why Google doesn’t want you to refer to Googling something.
00:13 📈 Tupperware stock rallied over 700% in two weeks.
01:08 📉 $TUP became a meme stock due to retail demand and social media activity.
02:04 🔄 Financials are weak, with declining sales, negative earnings, and high debt.
02:39 💡 What is Tupperware.
04:19 🎉 Tupperware Parties!
05:21 🚀 The recent rally is attributed to a potential short squeeze.
07:56 🧨 Risk investing in meme stocks; fundamentals matter, interest rates are high, and long-term gains are uncertain.
Tupperware water bottles are somewhat popular in my country,their products are good quality although they are expensive.
Friend in healthcare talks about the rally a dying patient has just before they expire. Friends and family are encouraged the patient is on an uphill trajectory, only to learn they died overnight.
You’re videos are super informative and entertaining , but your dad jokes are the cherry on top.
You rock the party that rocks the party.🕺🏻
This morning I checked into a hotel after a red eye flight and snagged an OJ and a few donut holes before sleeping most of the day. They had a few plain bagels, but I don’t want to wait in line for the toaster. I love the finance content by the way! I’ve been hearing a lot about yellow in the news lately, but had not heard anything about Tupperware. I work in the transportation sector and would love to hear your take on the shipping industry (planes, trains, trucks, boats, warehouses, etc.) and how all that fits into transportation as a whole.
I remember looking up the best performing stocks in 2020 and Tupperware was there, going from like 1$ to 26$
I've unplugged from the active investor community. I'm fortunate enough to have never heard of this before now
What people don't understand too is that shorts will buy shares just to walk it down. That 2nd pump was 100% not retail.
Parents had no end of Tupperware, but other than an item or two that may have made its way into our collection, we mostly use glass containers ourselves. As for breakfast, it was a cinnamon toast day, because why the heck not.
Cinnamon toast cereal? Or the not-quite french toast recipe?
Everything will gravitate towards intrinsic value in the end.
Single packet of Low sugar maple brown sugar oatmeal with like 4-6oz of almond milk microwaved for 60 seconds and then 28g of peanut butter mixed in after letting it set for 2-5 minutes depending on desired thickness.
Here’s an idea, instead of playing the lottery people should put a good 20,000 into various penny stocks of either new companies barely being listed or old companies who’ve had their day and are at risk of being delisted. At some point in your life you may wake up one day and see one of them has shot up 700% for no reason other than it becoming a shorted meme stock and then sell it off.
With the slight difference that when I buy a lottery ticket, it doesn't cost me 20k
@@thomasmakryniotis2331 haha touché though I’d argue people over the span of their lives can put that or more into lottery tickets before they win (if they ever do)
Always analyze the fundamentals before buying anything
Meme stock pumpers are gamblers. They WANT the risk
@@MatthewEGoldenhow much did you lose?
I haven’t had breakfast yet today, but I’m thinking about going to get some barbecue for either lunch or dinner.
A video so good I’m gonna like it and save it for a second go around tomorrow. 🎉
I must confess to a crime...
In the morning, while watching these videos, I don't eat a plain bagel - I eat a cinnamon sugar bagel :(
I find videos like these very very helpful and useful when trying to visualize macroeconomics, and the concept of meme stocks. Keep up the good work, and your dry humor is hilarious. Don't change that aspect of your content. More dry humor.
4:15 For quite some time, Tupperware has not been merely a "direct to consumer" company. They have been an MLM. There is now a strong anti-MLM awareness, with many people refusing to support an MLM in any way.
Ι would never get involved in tupperware party, but Tupperware has amazing products that have lasted for decades. I have never found anything similar from competition.
In my country "tuper" means "plastic container"
Yea... I may have bought too many Tupperware containers the other week when I went to Walmart...
I remember looking at TUP about a week before it skyrocketed because I like selling options. I saw that it was cheap but the options weren’t worth it so, I skipped. I’m really kicking myself for that move.
Shout out to those that aren’t first: you still made it!
Hahaha
Breakfast was scrambled eggs with sliced up hotdogs. Thank you for asking!
Index funds are the only option.
I actually didn't have breakfast today. I was running late for a meeting with my advisor for grad school. But for lunch, I made some wicked good sandwiches.
In all seriousness, interesting, fascinating contents as usual. Thanks!
I had some lovely sunny side up eggs with lots of pepper and rotis on the side for breakfast, it was really tasty.
Always helpful. Thanks for the breakdown. The overlay of meme stocks versus purchase history was interesting.
I thought Rubbermaid was the de facto Tupperware maker? Didn’t realize Tupperware was something like those companies that have trademark on the names of the actual goods or consumables.
Some lessons are expensive, some are really expensive
Hertz, the only good meme stock outcome, did well because their business materially improved post pandemic as surging travel demands allowed them to swing to a profit (even then their leveraged free cash flow is still negative).
None of the rest of these companies have a real path towards a real business turn around.
False, Gamestop has pretty good fundamentals.
$1.3 Billion cash on hand, virtually no debt, cashflow positive, and good earnings 2 quarters in a row. Plus insiders recently bought around $10M worth of shares with their personal money 👀
I 👏 love 👏 the 👏 stonk! 👏
@@g00bers24 It may have good fundamentals right now, but I don't need to tell you that brick and mortar game store sales have collapsed in the face of Amazon, Steam, PlayStation plus and every other digital store front. Right now I don't see that trend changing enough to make any company similar to GameStop viable ion the long term.
GME isn't over man. Dig deeper.
I had a nectarine for breakfast because of recent dental surgery. very neat video
I skipped breakfast, just coffee today. Thanks for asking.
coffee and TimBits....not only breakfast of champions, but food for the algorithm
I had a bagel for breakfast... but it was blueberry (please don't ban me). Love your content!
I'll allow it...this time
Any thoughts about doing a more recent and in depth video about meme stocks/trading in general? Now that it's been hitting the mainstream for a couple years, it seems like there could be quite a bit to talk about there, and potential harm it has done to people, with examples of actual stocks as many are past the point now where it can be confused with current investment advice.
They should introduce the plain bagel Tupperware!
With a peg in the middle, a wicked bagel sandwich will never experience battle fatigue!
Tupperware did actually make a bagel keeper once upon a time.
hmmm 🤔 There's the glass snapware containers i really like problem is they are so nice they just last and last and i keep using them for meal prep and take to work lunches. i feel bad but i wouldn't use Tupperware again after that . ugh. it's just outdated for me.
I Just don't understand how Tupperware as a product makes any sense. The standard size clear container from the restaurant supply store is lighter, easier to clean, more stackable, uniform, almost as durable, AND dirt-cheap.
They do containers that stack really well, they just have too many products I think. My own experience is sauces (especially tomato sauces) won't permanently color the tupperware while they would the cheaper alternatives.
I like how his description of stocktwits isn't even a disscussion on stocks, but a comfirmation bias echo chamber.
I thought Tupperware was just a MLM. Who knew it was actually a stock. Bit too little too late for them to try the legitimate selling route.
I haven't had breakfast yet (8am in Oz) but happy to help the algorithm for you.
I had cereal for breakfast, but I wish it were Timbits! Great video!
I made a pretty nice stir fry with some cauliflower, eggs, and soy-based protein. Was a nice breakfast. Is it still breakfast if you are eating it at noon? I think so.
With all the short seller hate perhaps you can interview a few? Marc Cohodes and John Hempton Perhaps. I believe they provide a great service for the economy
Hempton and you would have an interesting insight as non American investors.
Unlike other meme stocks, I hadn’t heard about Tupperware. Thanks for an informative video as always
Can you please make a video about the credit event that Michael Gayed is warning about.
I have no idea, but I'm buying while these gains are still *fresh* ( o.o) 📈
Good stuff plain bagel! I had oatmeal for breakfast today
You cutely called them a "direct to consumer" business, but dear, they're an MLM. And for that reason, I'm happy they're crumbling. If there are any other publicly traded MLM's, I hope this also happens to them. What an amazing way to take them down, since the government is too damn infested with people protecting them.
Is there a way to keep a healthy public traded business from being taken over then loaded up with debt by the likes of Bain Capital? So many of these companies that should be making money have debt forced upon them and then die when they experience some shocks they would have been able to survive otherwise. Although I'm sure it's good for globe traveling billionaire I think it's bad for the country.
In the past, the defense against these LBOs like from Ron Perelman has been to court a white knight investor like Warren Brunch. Not all billionaires are the same.
I ate 3 slices of refrigerated leftover pizza. I didn't even bother microwaving it
Diamond hands actually works if you are holding diamonds.
Great video Richard. Thanks a lot for the input
Amazing, thank you for covering this!
This kind of makes me wonder how this type of behavior will affect different markets in the long run…
Today people wants containers made of glass and metal instead.
It has shown that eating your warm lunch in a plastic container might be bad for your longterm health.
Besides glass and metal survives better in the dishwasher.
i looked at tupperware a year ago, and it had an insanely cheap pe, but sooo sooo much debt. not a healthy balance sheet at all
Memes have top text then bottom text, meme stocks have top prices then bottom prices
Pickles, box macaroni and cheese, half a pint of blueberries.
That's a good Fry squint in the thumbnail.
I think a lot of people, me included, have transitioned to glass for food storage and other kitchen applications. Plastic is amazing but it does not belong in your body!
Omg, its not completely clear...love it.
Great video, and solid analysis. Thanks.
I had bacon. It was good. Thanks for asking.
That was not Tupperware in that cabinet.
Retail is not trading over a billion shares in 2 weeks. Partially, sure. But not in totality and probably not even anywhere close to the majority.
Insightful video - thank you!
TLDR: definitely don't HODL... but just don't play on the stock market as a whole.
Something else to consider is that newer research suggests (or shows) that warming up food in/on plastic is not healthy, as the plastic leeches into the food. Folks move to alternatives, the most popular being glass, that is just as airtight - though a bit heavier.
Plastic lasting forever is great, and it works well to store cold, non-acidic foods, but I think as more research concludes the adverse effects of warming food in plastic containers, bowls, or plates: more folks will walk away from the product.
Pretty sure Tupperware's days are numbered from that fact alone, the idea now being to hope to squeeze out a small gain since they will bankrupt and that (in bankruptcy) the purchasing entity must pay a stock price higher than whatever investors purchased it for.
Actually I think it could turn in a very good selling point. I haven't done any experiments, but my intuition would be that a container that lasts longer leeches a lot less plastic than a cheap one. If they do serious experiments and can show they leech like 10 times less plastic or the compounds are less toxic it could turn out great for them. Even more if they get California to put in standards for leeching limits only their products follow.
Great video! I think short squeezes actually helps early investors/bagholders to sell their stock for a little more. It would not surprise me that short squeeze reallies are initiated by backholders or the same short sellers who inversed their position.
By creating new bag-holders. Yeah, speculation and stock capitalism rocks
For breakfast, I ordered from EggHeads ;-)
Great insight!
12:26, thanks for asking richard, im sad that my planned SFW of 2% probably wouldn't pan out given the low expected returns of my portfolio as a whole, would have to kick it up to 3%, and i still don't know how to deal with sequence of returns risk - might have to get creative with that too
Hi Richard, thanks for the video! I just had some ice-cream
😋
Doing fine
I recommended this company in my hedge fund interview 1 year ago. I didn't get hired.
Where were you when the stock dropped 90% without fundamental changes?
Please please talk about the Evergrande bankruptcy and it’s significance on the global economy
The way that the stock market function needs to change because the stock price seems to be heavily dictated by supply and demand alone instead of how the company actually performs. It wouldn't surprise me if this what has been happening lately with the AI rally because it hasn't been proven to actually generate true value yet.
It doesn't just "seem to be" - the price is dictated only by supply and demand. This is pretty much the definition of the stock market, and the way it was designed to be :)
I had some ravioli for breakfast.