what to expect, page-2

Got on for the first time the day of the Half-Year results at $6.15.

I started my usual long-term position building process.
Deck of buy orders, at 5% increments below initial buy.
My next order ($5.85) unluckily did not trigger, price dipped to $5.89.

This year was bad for them.
$90 million adverse COGS (high sugar, tin plate, PET prices) and hyperinflation conditions in Indonesia.
The 5 years prior to this were quite good.

I am comfortable in holding CCL long-term from these price levels. ROC is comfortably double-digit, and they have reasonable growth projects.
As such a trailing PE of 14 and a dividend yield of 5.2% FF is attractive.