weel here we are, page-16

p/e ratio is a rather useless indicator at this point in time - I'm holding the view that 1st half was an aberration caused (in the main) by macro factors. Ultimately, I'm most interested in any outlook statement that is provided with tomorrrow's figures that might shed some further light on things.

Given the pretty benign trade of recent days i'm inclined to believe that tomorrow's announcement will be neutral and the share price will track sideways until some new trigger event.