Some interesting times ahead. In a report on the ABC, it spelled out how much CCL is spending on new technology by way of online self PET bottle manufacture. It spells more profit by way of lightweighting as well as keeping the greenie in us happy. It will be interesting to see what dividends this will bring over the next couple of years. I think it's more a case of pursuing destiny.
My own feeling is Terry Davis has his head screwed on and has got the org to where it is now far better and quicker than his predecessors. I think the next couple of years will see a significant jump in the SP provided he stays at the helm.
CCL Price at posting:
$12.35 Sentiment: LT Buy Disclosure: Held