ready to take off, page-12

Draw a line under this:

CCL has a great portfolio of well-known brands;
is rapidly growing in the large Indonesian market;
is reentering the beer and cider market; and
is just off a 12 month low.

The SP looks to be recovering nicely and the CEO has stated the non-grocery parts of the business are performing well.

The stock has dropped 20% already whichever way you want to cut it. That should be some consolation for the grocery market; and the growth options listed above should not be dismissed as being too expensive to pay $12 a share. The SP was over $15 a few months ago so there is a unique opportunity for new holders to add this iconic stock to their portfolios while it is cheaper.