I totally agree. Defensive stock like CCL,FGL and LNN are simply the shining stars for the moment when the recession fear is imminent. Everyone is still drink beer or coke. My daughter just bought a bottle of Diet Coke today.And I have one thousand CCL shares waiting to be taken over by LNN. And I bought 1500 LNN at $7.65 this morning. Hope it will run tomorrow to take some profits. Hope everyone is making money in this bear market still.
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lion nathan limited
what is appendix 3b & 3y, page-7
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