"Earnings release will be an interesting one that's for sure. Hoping for a nice little surprise ;)" are you short selling? if not then the surprise won't be nice.
They admitted they are planning to write down the value of stuff. How do you expect them to meet targets when they are writing off assets? if you have 100mil of equipment and it makes 10 mil a year then when you write down the capital equipment by 10% it eliminates the companies profits.
CCL Price at posting:
$11.39 Sentiment: LT Buy Disclosure: Held