I respect your answer and I admit I not looked at the Annual Report but I come with years of experience reading BS from company spin doctors of how moving into Asia & even the USA was going to put each company into the big time in the profit stakes but then losing big time. TNT & WMC into USA, not sure about Brambles struggle, and now ANZ Bank into Asia I predict wont be pretty when real figures become available out of China. DYOR Shareholders live in perpetual hope fed by spin doctors that their skills if applied to the billions living in Asia will convert to $billions profits while paying $millions in salaries for showing the Asians how to do it. I remain very sceptical but I not putting my money in CCL unless sp drops 50% in near term.
Evidence suggesting Coke sales in Maccas also dropping while we wait trying to read the tiny menu fonts and huge selection in drive thru.. So now if true I read CCL is selling its sugar free Mount Franklin water business to its parent so they can add value with their other products or why else would CC parent want the Water business in Australia? Is this true or not? .
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