exactly Andy its all opinions, get over it your trying to over complicate things. They are just a drink company who are getting beaten at their own game, have your walked down the drink isle of a woollies or Coles lately, its not rocket science mate, woollies and Coles brands are selling for half the price, so the people that are happy to still drink sugary fizzy drinks are more than likely going to go the cheaper option. And by the way this competition did not happen over night its been happenings for years now, ccl were either blinded at the time or chose to ignore the warning signs???
even the so called experts have opinions don't they, the ones that live and breath either fundamentals or technical analysis, and guess what, how often do they get it correct. Keep it simple mate.
the only thing that may push the sp of ccl up in the short term is a drop in interest rates and then people jumping in to chase a dividend yield. Apart from that they have a hell of a lot of work to do to get the share price back to its previous highs.
good luck with your investment, I certainly hope you didn't buy this stock at its highs above 15bucks??
CCL Price at posting:
$10.49 Sentiment: Hold Disclosure: Held
