going north, page-16

Agree on the call about management. David Gonski is also an experienced businessman with great managerial and business skills.

However, I am worried about South Korea. Indonesian economy was challenging and as you say picked up and CCL expects to return to profitability.

South Korea - Extortion. Which led to recall costs, loss of profit and my pet hate, brand rehabilitation costs.
KO and CCL for that matter always strive to be the recognised brand.

Anyhow, I believe current management have done a superb task in building ccl to where it is today. In short, the company I choose to invest is the company which is doing things under the guidance of exceptionally able management. CCL is one such company.

Cheers
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