Is anyone actually invested in Coca Cola HBC?
HBC's share price performance looks like shit, of course, since the entire Russian business has been written off.
The dividend is not that bad now and I'm thinking about possibly building a "dividend venture" position.
Pros:
- Covers the European Eastern Bloc, which is still a big growth market.
- HBC seems to have gotten pressure from the parent, we are rotating off all the plants here to service the machines.
- Monster Energy ( I HAVE to drink beer in the evening to neutralize the effect of the energy ☻️ ) can either serve me directly from the line here or raid the refrigerators🤭
Contra:
- Company headquarters in Switzerland, withholding tax.
- Eastern bloc, which can also be very chaotic -> last year in February I was at HBC in Serbia, there I was told on the spot that the machine I was supposed to repair was no longer in Belgrade, but had been "outsourced" 200 km south🫠🖕
Gladly a few opinions about HBC🫡
