Thoughts on BAL's movement this week, page-11

What utter nonsense! Nothing has changed in the BAL business, the market is having a freak out, well and good, but over time it will be NPAT growth that sees the shares go higher. On my FY17 forecast and at current price if BAL paid 70% of earnings out as a dividend the yield would be close to 5%...

Only time will sort things out, short term volatility is the be expected.

This is still one of the best companies on the ASX, the only question is valuation? The Market is debating that as we speak.