CCL has an easy ride so far and has escape Coles and Woolie Cork Screw, but CCL came on their radar last year...
going forward these two power house going to squeeze CCL like anyone else...
between the two of them they control 80% of the market share it going to be a tough fight and Coles and Woolies will get their way ....
I didnt like the fact they increase dividend 10% knowing they going through tough fight in the future, what the hell are they doing? managing stock price with soften 10% increase in dividend?...they need the money and the resource to fight these 2 giants....
CCL cant trades at the premium any more until they sort out the two giants at their door...
CCL Price at posting:
$13.00 Sentiment: None Disclosure: Not Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)