profit downgrade, page-4

I had said earlier in the week that the drop from $8.80 to $6.60 absorbed the profit headwind.
Anything below that was buy territory.
The numbers are within expectation, albeit slightly worse than their guidance.
The business is good, and has a good 5-year record. That cannot be a coincidence, it requires good management. Part of good manegement is to respond to bad years, such as they had this year with input cost inflation of 9%.
They have a few things going for them.
New Distribution centres, which will improve distribution costs and Inventories.
A good portfolio of iconic brands (which I expect to grow) Coke, SPC, IXL, Spreads, Water and Juice, Grinders coffe (today they announced the SABMiller beer deal).

So what do I do ?
What I always do.
Bought today at $6.15 and have a deck of orders spaced in 5% increments below market.
I am going after it.
You have to own things, dont you mate ?