Coke have big problems maintaining their dominating market share at the higher margin they enjoy for so long and with more in=house private labels being offered in Coles & Woolies at 1/3rd of prices.
Accordingly, I can only see profits in steep decline in Australia and imo they deserve to be in decline because of the way they been treating the smaller retailers over many years using their standover tactics and selling to them at higher prices. DYOR but I would sell CCL and get into something different. not long now $8 then $7 and falling imo or at best no growth whatsoever.
CCL Price at posting:
$9.18 Sentiment: Sell Disclosure: Not Held
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