Yes exactly Sharls. This is a global brand, a household name, probably the best known brand on the planet. As Buffett would say, this has a very large 'moat.' This is a good, defensive company, and regardless what the economy or stock market does, people will still buy coke for many, many years. And I'd comfortably argue that the majority of people would pay the $3 for a coke, rather than 90c for Coles brand. And yes, Indonesia is very exciting, as is their expansion into alcoholic beverages, which should see some growth in the future. I'm stoked it's plunging and have been accumulating - I hope you're wrong and it goes down a bit more so I can scoop some more up for around $12!
CCL Price at posting:
$12.45 Sentiment: None Disclosure: Held
