This is tough, page-11

I reckon will be flat for a few years. I am waiting for further bad news and capitulation type selling then will buy for long term hold. May not happen.
CCL needs to innovate and reinvent themselves but will take a few years with flat or negative returns. Ultimately though CCL is a dominant package beverage company with high cash flow and distributions. Wouldnt be a disaster to hold through this cycle but I prefer to wait a year or so for a better price. Will buy in the 6's if it gets there.