If you have faith in the management then you aren't missing anything.
But because of their major production gaff back in Nov the market doesn't trust the management to deliver on what they have promised, full stop.
I went to the AGM a couple years back and I bought in on what Ian said that day, my holding is now worth about half what I paid for it. I am still waiting for CCU to deliver on what I was presented.
And I am hoping it will be realised in the months ahead. I say 'hope' because I want to think Ian is a man of his word. I heard what he said and has said to many others... and I will give him & his team a bit more time to deliver.
CCU Price at posting:
37.4¢ Sentiment: Hold Disclosure: Held