$150 or $200, page-34

Centro,

their earnings after tax was $22 632 million for the first quarter,

multiplied by 4 and you get $90 528 million per annum

that gives you a P/E of way way under 60

and that doesn't count for any future growth or baby formula

how did you arrive at your P/E?

on the 25th August they announced their full year and it shot up to $100 per share

they have made in the first three months of this year approx. half of what they made last year

and last year, no free trade agreement and no baby formula,

this thing has legs,

will there be pull backs?

probably,

but will it be worth more than $175 this time next year?

almost certainly

cheers