Ann: Presentation to Investors , page-9

Agreed, we're near the bottom of the market IMO, and companies like BND are extremely well placed as a buy now.

But COK's potential is hampered by the debt load. They need to get through that before any value can be realised.

Too many pessimists on this thread it seems not looking at the potential, too much fear imho.

If you're not afraid for this company, you don't understand the situation.