1. Franchise agreements worth big $$$
2. Well developed supply chain and associated IP
What did IBM do when it saw desktop computers were under threat?
They became a service provider to the computer industry. They evolved out of their supplier phase into services.
While CCL isn't going to evolve into services, they can evolve into a Supply Chain service for non-competing companies that need their products delivered to the same customers.
Oh, and keep making a lot of money selling drinks at the same time.
There's a lot f fight left in CCL.
And if there isn't? They get taken over by a bigger fish and you get a takeover premium.
CCL Price at posting:
$9.11 Sentiment: Hold Disclosure: Held
