Colorpak's result leaves investors blue

Packing company Colorpak (CKL) is asking investors to be patient as management is promising an earnings rebound in 2014-15 after delivering a disappointing first half result today.

Packaging company Colorpak (CKL) crashed to a five-month low on a disappointing first-half result today, which its chief executive described as a “blip”.

Shareholders were not so sanguine and sold the stock down 11.8% – its worst one-day sell-off since October 2008 when the stock suffered a similar drop.

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