Toot toot and woooshh, page-74

Statistics and statistics and damn lies. I don't know if a population of 10 (ie, 10 years) passes the Students Chi-squared test for significance. What the data might show is that it tends to be anticyclical with the All Ordinaries. That is, when the market is down, peeps buy more junk food.

Unseasonably cold weather in Perth for summer - so perhaps Autumn has come early?

In any case, today's volatile action shows there is a game being played, and its not based on fundamentals: CKF is till undervalued on a PE basis, possible overvalued on a P/B ratio, and about right on a shareholder return basis. Commsec has Morningstar rating it as over-valued, but consensus recommendation as a strong buy.

As exciting as a Gold Coast theme park roller coaster!