CCL 0.00% $13.30 cuscal limited

The only way is up for this blue chip gem and at these prices,...

  1. 392 Posts.
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    The only way is up for this blue chip gem and at these prices, its a bargain with great long term potential going forward,

    People will always buy Coca Cola, period,

    long term Growth in Indonesia & the Australian Domestic market,

    & in regards to the profit fall.... since a write-down is simply a paper loss, which, since it lowers net income, will reduce a firm's tax burden. Companies will usually attempt to time large write-downs together, so they can "take a bath" in one reporting period with the hope of quickly recovering in the next period.

    Investopedia words not mine,

    Looking forward to hitting the $14 mark again in the not too distance future, next 2 years of a gradual global Circa 2% growth should see things really pick up within the next few years for this company.

    Future outlook = major supplier of food products to the asian domestic market,

    I don't see any negatives here,

    All in my opinion - DYOR
 
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