MarketFoolery: 06.26.2012
MarketFoolery
The Motley Fool
4.7 • 1.7K Ratings
🗓️ 26 June 2012
⏱️ 17 minutes
🧾️ Download transcript
Summary
Coke increases its bet on India. Chesapeake Energy faces new allegations. And a big pharmaceutical company loses a big lawsuit.
Transcript
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| 0:00.0 | It's Tuesday, June 26th. |
| 0:04.0 | Welcome to Market Foolery. |
| 0:05.0 | I'm Chris Hill joining me in studio today from Million Dollar Portfolio, Charlie Travers, |
| 0:10.0 | Motley Fool Special Ops Mike Olson, |
| 0:12.0 | and from Motley Fool Inside Value, |
| 0:13.9 | Joe Maker. |
| 0:14.6 | Gentlemen, good to see you. |
| 0:16.1 | Hello. |
| 0:16.9 | We got a packed house today. |
| 0:18.2 | Where are you going to talk natural gas, pharmaceuticals, |
| 0:20.8 | and online travel, but we're going to start with Big Red. |
| 0:24.3 | Coca-Cola is planning to invest a total of $5 billion in India over the next eight years. |
| 0:31.0 | The company had previously said it was going to invest 2 billion between 2010 and |
| 0:35.6 | 2020. |
| 0:36.6 | So Joe Meager, son of Atlanta. |
| 0:40.0 | Why, why, why the huge bed? Why the doubling down? Well this is another great example and a long string of them where coke gets into emerging markets early, |
| 0:51.0 | invest heavily in building out distribution, establishing brands, and setting |
| 0:55.2 | itself up to be the leader in that market going forward. |
| 0:58.5 | And right now, the Indian market's very wide open, relatively speaking, Koch has about 25% share or pepsico as 20 |
| 1:05.6 | that's relatively hotly contested compared to the dominance coke has in other markets |
| 1:11.0 | I think it's good timing when you look at how the Indian economy is really |
| 1:14.8 | struggling. In that sense, it's a good time for them to get in there and start building those |
... |
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