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27/06/16
09:31
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Originally posted by chadshare
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From memory the coke us bought 30 per cent for 500 million in capital spend. Schedule of roll out delayed due poor performance of indonesian market.
I still like ccl, produces a lot of cash with a high payout ratio. Coke is outperforming schweppes in US gaining market share but both volumes are down particularly for diet variants. There is a perception that artificial sweeteners have negative health inplications. Not proven but hey cant alter that perception. Fruit based drinks much worse for you due to massive sugar content.
I am a bit sceptical about companies growth predictions but with a potential economic tsunami on the horizon high dividend defensive companies like this may be a good place to hide.
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you forgot the liquor and water business, good source of future growth. water infusions with limited calories is more widespread in Europe than Australia.