I think the market commentary has created a bit off a sell off on FY16 uncertainty, in that brokers are expecting flat to lower earnings on the back of major expenditures on growth. I don't think investors like stagnation in earnings but sometimes its a necessity. The best companies are ones which manage their expenditures with growth thus year on year show uplift in profits. Still looks like a good company so any significant pullback is an opportunity to buy a quality company with a long term view
Add to My Watchlist
What is My Watchlist?