I have to admit I only post on CCU as I hold shares. If I had sold or did not own, then why would I bother. It is an interesting question: 'why would someone with no interest be bothered to spend their time telling others 'what I am not interested in, is no good''
This share is now sit and wait... and more importantly... watch. Management have my interest. They say there is no reason to question resources / reserves. The last couple of months are just an unexplainable blip.
That is a big, big call by management. If they are right... CCU is a bargain. If they are wrong (we will slowly find out) then 30 something is fair (maybe). But if they are wrong, they sell must be done. As you then have proven incompetent managment and no resource. That will not be such a good combo!
But for now... for me... it is wait and see.
CCU Price at posting:
33.5¢ Sentiment: None Disclosure: Held