If you say so Osiris. I don't think so tbh. Todays' society is becoming more and more green tea and yogalites - people don't slam the cokes down like they used to. Mgmt is hiding this fundamental shift under 'weak consumer spending' - retail's going good in Australia. It's not in steep decline like CCL is at the moment. A health conscious consumer is butchering this company. Like I said earlier, coke is what's made the company, and the outlook for coke is what matters. Right now it's a pretty dark outlook - noticed the little 200ml bottles they're trying to sell now? That's not weak consumer spending. Think people are looking at CCL in the rearview - myself included, thinking they were little Buffetts getting in on a temporary down. Anyway, enough of my thoughts. GL to those sticking it out. A.
CCL Price at posting:
$9.80 Sentiment: None Disclosure: Not Held