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Strategies & Market Trends : Value Investing

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To: Graham Osborn who wrote (58567)11/27/2016 4:08:51 PM
From: Spekulatius1 Recommendation

Recommended By
Jurgis Bekepuris

   of 78817
 
re KO - their debt has increased because (I think) they started to consolidate their bottlers again on their balance sheet, which added the purchase price and they debt these bottles already had to KO's balance sheet.
FWIW, i found their disclosure on this surprisingly poor and it is possible I missed something, because I did not look all that closely at a stock that I won't buy anyways at this price. I think KO's idea is to consolidate and streamline the bottlers and then sell/spin off them again (after the fixup). This smells a bit like financial engineering to me. KO's earnings have stagnated for a couple of years already and the stock looks anything but a bargain.
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