Wait until the next profit reduction. They've already flagged the fact that they expect profit to not grow. Plus new ceos will write off anything they can in their first year. They all do and they blame it on the old ceo. Then next year they write it back up and announce they are amazing and turned the company around to achieve a record profit. Same company, same real profit, different bonus for the ceo. It helps them to get their bonuses by making their YoY statistics look good and they know it.
CCL Price at posting:
$11.22 Sentiment: LT Buy Disclosure: Held