CCL
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0.00% $13.30 coca-cola amatil limited

buy back, page-5

  1. kittyboomboom
    2,962 Posts.
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    21/04/17
    12:51
    Post #: 24192783
    I sold when they announced the buyback, now they don't have the balance sheet strength to grow by acquisition and have over paid for the buyback.
    Poor management at it's best but longterm this will just be a blip IMO.
    I'll be buying back in lower than today I expect but it is starting to present OK value here.
    Back up to a hold sentiment for me and around $9.00 I'll probably start tipping some in.
    CCL Price at posting: $9.77 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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