There is long term potential but it's funny how these expert tip sheets are always late to the party.
While VED is a great long term business, at the current PE of over 26x FY14 I consider the easy money is made. My strategy is to find stocks before the rest of the market.
VED has now been discovered and the discount gone for the time being. If you say the PE can't expand much further (or even contract in a correction) then future long term gains will be limited to long term EPS growth
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- what a tirade
what a tirade, page-20
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