Despite the short term downgrades, CCL's quality, brand and innovation over time can't be denied. It is obviously proving good value at current levels with the promise of more gas in the tank over time.
It's a fair bet that CCL will prevail with an improved future outlook. Its 10 year chart is an upward march and it has many factors working in its favour over time like population growth, its growing diversification and, obviously, its core market leadership. CCL's tentacles are reaching into more markets and new products which not only help it to diversify, but grow.
Two articles in the Australian Financial Review give some insights:
Analysts more confident about Coca-Cola’s outlook
12 November 2013 | Sue Mitchell
Analysts have returned from Coca-Cola Amatil’s annual investor roadshow convinced of the long-term earnings growth potential in Indonesia and feeling slightly more confident of the outlook for Australia, despite last week’s profit downgrade.
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Coca-Cola to launch new dairy, fruit products
07 November 2013 | Sue Mitchell
Coca-Cola Amatil will launch a slew of new dairy, juice and packaged fruit products in the next six months in a bid to take advantage of new consumption trends and offset declining earnings from its Australian soft drink business.
CCL Price at posting:
$12.15 Sentiment: Buy Disclosure: Held