AFR - Article about Macquarie Conference, page-6

Fair enough.There are clearly some short term risks and who knows, you might get a still better entry price (though - given that the BB is effectively setting a bottom I doubt it). On the other hand - if the market is faster than you to recognise the long term potential, you might lose a good chunk of the uptrend.

I am investing typically with a 5 year or so horizon and see them with a forward PE of 19 and a forward earnings CAGR off 15 as quite reasonably priced. Does however not mean that it might be possible to buy them next year still cheaper,

Share trading as usual.