Yes,it is overprice. But who cares about the price is overprice or not. As long as people think it is worth that much, then the SP will stand up strongly. Look other shares like TSE,BSL and AIO. They are all undervalue at the moment. Who is going to pay top price say $5 for them at the moment. I have realised since last year, no stock is expense or cheap as long as people are buying the price they pay. And no stock is safe when the market is going down.
CCL Price at posting:
$9.46 Sentiment: Hold Disclosure: Held