Long term I am sure this one will be fine however short term I have some doubts. I would wait for a few Months to see if they can steadily increase their production. If they can and the SP is similar to these levels then she is a screaming buy. The worst case scenario for this one is if they continue to have production issues but we don't know anything about it until it goes in to a TH due to a capital raising. I have seen it many a times with mining companies at this some stage.
I would like to see regular production updates here because if we don't and the sp drifts lower shareholders think something is amiss so they sell which causes the SP to drift even lower......
Basically what I am trying to say is that the short term is very uncertain and I wouldn't be suprised to see the SP go lower but long term I am sure CCU will do well.
CCU Price at posting:
37.8¢ Sentiment: LT Buy Disclosure: Held
