all aboard!!!!, page-6

CCL is holding up well given the market is roiled by what's happening in the US.

The five year chart for CCL shows the buying opportunity that's opened up. The share price trended up the whole period, only falling in the last few months this year on the downgrade news. The fall has been distinct, from $15 to $12.

Though, the price war CCL has had with other soft drink manufacturers(leading to its poorer performance in its grocery sales and downgrade)shows that given its high concentration in the mature Australian market, the company does have competitive vulnerability resulting from most of its eggs being in the one basket.

CCL has the dominant soft drink market share in Australia so the initiatives it is taking to further diversify into Indonesia, beer growth options etc are sensible.