any1 got any comments re LNN lately??
Surely the over hang from the CCL takeover is now all gone and they came up not long ago with some pretty good results and the share was over $9 until the CCL takeover proposal and ex-divvy
Its gotta be one of the best DEFENSIVE PLAYS on the market atm along with others such as CCL and WOW and MTS and TRS and a cpla healthcare stocks
Beer will always sell and sell good , just like coke. depression / recession or what have you. It isnt going to stop ppl from going to the pub or buying beer n liquor
Thus LNN should have very strong STABLILITY and CERTAINTY of EARNINGs coupled with a good dividend yield which can be MAINTAINED.
I was hoping that LNN return back to its moving averages pre-CCL bid.
This stock performed unbeleivably pre the CCL bid, and actually WENT UP when everything else was crashing and establishing new lows!
Im thinking it has to gravitate back towards the 8.60s to 8.80s like it did b4 , which was the lower-mid trading range pre takeover bid. Upper end was into and over $9.
LNN
lion nathan limited
