Bell potter summary 1H15, page-45

"Forget all his fluff and nit picking, madamswer has clearly stated that he wants to buy into MSB, but not yet."

Korrekt.

"He is waiting for all risks to be out of the way, then come on board when the business model and revenue are in the bank. And when the time comes he is willing to pay the going rate (his words if you want to look back). "

Korrekt.

"If you are so in awe of this investment "thesis" I suggest that you pay the premiums P/E's and buy COH or CSL. Good Luck."

Korrekt again; I do pay those "premium P/E's" of which you speak.

For a good case study, refer to RHC's result announced today.

As for your "good luck" wishes, while luck might be an important consideration for making money from "emerging blue chips", I tend to find luck is not really much of a requisite for investing in established blue chip companies.

I haven't checked, but I expect the relative share price performances of relevant "emerging" versus "established" blue chips over time