Big MNCs like COK are 20+ yrs ahead of thinking than us and hence sugary drinks and lolly water comments doesnt scare me as they would have known this fact from atleast past 5 yrs and they would be working in right directions as they will buy Agro/tea/coffee/water/juice/less sugar/zero sugar/no sugar/minimum sugar/diet/ light sugar/ etc something innovative products etc for future....
Rest assured this organisations have seen centuries and will see centuries they dont get caught in sleep like us small individuals....
All this FMCGs will come back as the population grows as not everyone has obesity problems its kind of cultural things like chinese/indians dont have obesity problems and hence they continue to consumer COK...
I am happy if this stays around 11 for atleast another 5yrs as DRPs will give me more shares and then I am sure this will suddenly jump to $25 in 2018 talking about growth growth growth etc....so its in my SMSF and I will hold this beauty till this is listed on ASX.
One more time check HUL (Hindustan Uniliver) and Colgate Shares on Indian Exchanges that they didnt perform from 2005 to 2010 and suddenly fireworks started since 2010 and they quadrupled in values....So MNC FMCGs like COK are bargain of century.
I am not selling but recommending all my friends to buy into in truck loads in the SMSF gteed 200% return in 5yrs where will you get it tell me!!!!
DYOR, This is my view only.
CCL Price at posting:
$11.32 Sentiment: Buy Disclosure: Held