Could some of you who has been holding CSL as a LT investment comment on the relationship between a weak AUDUSD and strong SP? I can see phases in the past where the correlation was very much negative to positive and this year have gone again very much negative.
The raw PER is a problem on face value but obviously market leader with a strong trend over 6 years consistently tends to show through high PER as a measure of sustainable growth.
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Could some of you who has been holding CSL as a LT investment...
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