Madamswer, can we now get some discussion focussed back on the future estimates of CSL earnings over the next few years. I was not being deliberately 'churlish' using your words, those numbers were coming from comsec. Let's now start having an intelligent conversion around where future earnings numbers may lay."
Sure, but I think you are having a bit of a lend when you are often on the record as saying you are sceptical of what broker's write and say (rightfully so!), but then you present to the forum broker numbers which are clearly a load of BS. And I've followed you around these threads enough to know that you would not take BS numbers like CommSec's at face value.
Hence, churlish.
Moving on to a sensible, non-broker informed, discussion on future earnings:
As I said in that post, whether or not the stock has now "bottomed" (which seems to be the manic preoccupation with a great number of would-be investors) is not a game I play; instead I deal in probabilistic terms based on a philosophy that wealth creation arises from getting everything approximately right. As opposed to getting some things exactly right but other things exactly wrong.
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CSL Price at posting:
$258.30 Sentiment: None Disclosure: Held
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