Aw let's have a think about that. Even on 2018 earnings of...

Aw let's have a think about that. Even on 2018 earnings of .372PS and that's assuming no growth, that would give you a PE of lets say 13.5 ish.

But wait, let's have a look at a cash term deposit, you might get 3.2% if you shop around. That's going to get you an implied PE of about 23

Given that BAL is trading around there now, I'm going to guess NO to this one unless they give us some price guidance that says their earnings for next year is about to tank.