coke are due to report i think on 31st march, sp close to 11 at the moment are people jumping in, in anticipation for a favourable report.
furthermore we are probably due another interest rate cut in the next month or two, which will make their dividend very attractive opposed to money sitting in the bank.
based on those pending critical fundamentals we could see sp reach 11.50-12 in coming weeks. maybe even bounce above 12, in fact in my opinion if the above fundamentals are achieved I feel sp could hit 13 with ease.
any thoughts???
CCL Price at posting:
$10.94 Sentiment: Buy Disclosure: Held