all aboard!!!!, page-104

Passive1,

Commsec consensus show EPS:
2012 - 73.4
2013 - 68.3
2014 - 74.0
2015 - 73.2

Current PE is 17. CCL is priced as a growth stock with no foreseeable growth. If valuations multiples contract as I believe we are seeing right now the share price will suffer. There is a big difference between a good business and a good investment. And am I a serious investor and suddenly an expert? That's an interesting question...