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I have been adding very small from Mid December, in fact my first purchase was right before the drop around $180 before the earnings. Raised it to 2% few weeks back. Some of their challenges are behind them, like TNT, also the company was making voluntary excess payments into pension liabilities for the last 2 years, so they can scale down those payments in the next 2 years, that and potentially they may scale back a bit on their cap-ex investments together should boost FCF. Disappointed that they didn't do buybacks around $150.
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