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  "documentTitle": "MGP Ingredients, Inc. (MGPI)",
  "authorId": "54_Spruce_Point_Capital",
  "authorName": "Ben Axler",
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  "presentationDate": "2017-01-12 00:00:00",
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      "text": "Current and prospective investors should price in the risk that a potentially larger disaster completely incapacitates operations and has a material hit to earnings.",
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      "text": "It's hard to get excited to pay a premium multiple to own a Company with a history of operational disasters which include explosions, and hospitalizations of workers and innocent community members. Fortunately, no one has died yet from accidents at MGPI's plant. Current and prospective investors should price in the risk that a potentially larger disaster completely incapacitates operations and has a material hit to earnings.",
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