I am a long term holder (as many people are) of CCP. I continue to hold these shares because the management continues to deliver better than 10% annual growth, plus they pay a 4% dividend. With the exception of the last few 'painful' months, over the years, CCP has been a relatively boring company to hold; a feature that has made it very attractive as an investment. From my perspective, daily movements such as we experienced today are are irrelevant. What matters much more, is whether or not the underlying business is continuing to deliver; which it is. While the underlying business continues to grow, sure as eggs the SP will also deliver 10%+ annual growth over the medium term.
Sincerely
K
CCP Price at posting:
$10.30 Sentiment: Buy Disclosure: Held
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