CCL - Coca-Cola Amatil

aus_trader · 25 October 2020

I wander if there was some information circulating around before the trading halt, you know hush hush insider stuff , as there was a steep rise in share price:

Trav. · 26 October 2020

Update on the offer released today

If CCL trades at the proposed offer then that will be a nice little profit for me here and I will probably exit the trade at this point.

My entry was @ $9.90 so I will have to wait and see what happens when trading resumes

In regards to system trading this is where I haven't got any rules and obviously haven't back tested this sort of issue. I think that the normal SP action is that it rises to the offer level and sits there for a period of several weeks due to approvals etc so I think that utilising the money in another trade would be more beneficial.

aus_trader · 27 October 2020

Trav. said:
Update on the offer released today

View attachment 113690

If CCL trades at the proposed offer then that will be a nice little profit for me here and I will probably exit the trade at this point.

My entry was @ $9.90 so I will have to wait and see what happens when trading resumes

In regards to system trading this is where I haven't got any rules and obviously haven't back tested this sort of issue. I think that the normal SP action is that it rises to the offer level and sits there for a period of several weeks due to approvals etc so I think that utilising the money in another trade would be more beneficial.

Nice premium and well done for getting in under 10 bucks.

But I also feel a lot of the good long term dividend paying blue chips such as CCL are getting taken over and disappear from the ASX. So that's the sad part, as it leaves the ASX even more concentrated to the big4 and miners as other good companies get taken away.

tinhat · 27 October 2020

aus_trader said:
Nice premium and well done for getting in under 10 bucks.

But I also feel a lot of the good long term dividend paying blue chips such as CCL are getting taken over and disappear from the ASX. So that's the sad part, as it leaves the ASX even more concentrated to the big4 and miners as other good companies get taken away.

What nonsense. Are we to lament that idiots that treasure sugar water as a valuable commodity sold out their loly water rights to some sort of global lolly water... look if you want to invest your money in lolly water then you are a bit stupid.

aus_trader · 27 October 2020

tinhat said:
What nonsense. Are we to lament that idiots that treasure sugar water as a valuable commodity sold out their loly water rights to some sort of global lolly water... look if you want to invest your money in lolly water then you are a bit stupid.

I am not going to get into the ethics etc. So you could be right on that front and I might even agree that sugary fizzy drinks cause more harm than good.

But from an investment point of view these are the sort of companies you want for long term dividend investing. Warren Buffet became the greatest investor by buying and holding companies like Coca Cola and collecting truck loads of dividends along the way.

Dona Ferentes · 27 October 2020

aus_trader said:
But I also feel a lot of the good long term dividend paying blue chips such as CCL are getting taken over and disappear from the ASX. So that's the sad part, as it leaves the ASX even more concentrated to the big4 and miners as other good companies get taken away.

ASX 20 List - Data for ASX Top 20 Companies

Download an up-to-date list of Australia's top 20 companies. Constituent data includes GICS Sectors, market cap and index weighting.

www.asx20list.com

CSL	CSL Ltd	Health Care	129,254,000,000
CBA	Commonwealth Bank of Australia	Financials	113,118,000,000
BHP	BHP Group Ltd	Materials	105,196,000,000
WBC	Westpac Banking Corporation	Financials	62,698,800,000
NAB	National Australia Bank Ltd	Financials	57,372,200,000
ANZ	Australia and New Zealand Banking Group Ltd	Financials	51,193,000,000
WES	Wesfarmers Ltd	Consumer Discretionary	46,101,900,000
WOW	Woolworths Group Ltd	Consumer Staples	44,561,800,000
TCL	Transurban Group	Industrials	39,358,100,000
MQG	Macquarie Group Ltd	Financials	39,155,600,000
TLS	Telstra Corporation Ltd	Telecommunication Services	38,296,400,000
RIO	RIO Tinto Ltd	Materials	36,093,400,000
GMG	Goodman Group	Real Estate	28,139,300,000
NCM	Newcrest Mining Ltd	Materials	25,395,500,000
WPL	Woodside Petroleum Ltd	Energy	21,883,400,000
BXB	Brambles Ltd	Industrials	17,635,900,000
AMC	Amcor Plc	Materials	14,532,200,000
IAG	Insurance Australia Group Ltd	Financials	13,935,600,000
SUN	Suncorp Group Ltd	Financials	11,588,100,000
SCG	Scentre Group	Real Estate	11,366,900,000

Trav. · 28 October 2020

A good article on the take over offer

Coca-Cola Amatil to consider $9.3 billion takeover offer from Coca-Cola Europe

Iconic drinks giant Coca-Cola Amatil (ASX: CCL) has agreed to consider a $9.3 billion takeover bid from UK-based Coca-Cola European Partners (CCEP) for the acquisition of 69.2% of issued shares not owned by The Coca-Cola Company.

smallcaps.com.au

Dona Ferentes · 28 October 2020

No one else was going to be in the action

System · 13 May 2021

On May 11th, 2021, Coca-Cola Amatil Limited (CCL) was removed from the ASX's Official List in accordance with Listing Rule 17.11, following implementation of the scheme of arrangement between CCL and its shareholders in connection with the acquisition of all the issued capital in CCL by Coca-Cola European Partners plc.

CCL - Coca-Cola Amatil

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