$8 is fair value - I was lucky enough to sell at $10.50 last year, won’t buy back in though despite the healthy dividend. Can’t see where the growth is realistically coming from.
The core of this business is the fizzy black stuff and that’s simply in decline locally, regionally and globally.
I would be surprised to see this SP anywhere near $10 anytime in the short to medium term.
GL to the holders - enjoy those divi’s !!!
CCL Price at posting:
$7.96 Sentiment: Hold Disclosure: Not Held
