caution - sell off soon

that PE of 100-150 is grossly overstated. The market looks forward no backwards.

That said, tend to agree that the current valuation offers little upside

dyor

While I can see the force of the backward looking valuation the market is known to price its participants on forward looking metrics.
When a causal observer like myself does that I see a rising demand from SE Asia - spot demand from China - yet to be defined demand from India - significant reduction in domestic competitors - improving financials - reduction transport costs - i.e. lower oil price for ships and trains - reduced machinery costs i.e. lower diesel and petrol costs - stable labour costs - alternative energy supply metrics based upon wind questioned - gas prices and supply volatile -.

Seems overall a good news story going forward all IMO and DYOR