BKL Bad News Looming???, page-91

Great analysis - and I concur, though based on 10 year historicals and EPS weighting between 1st and 2nd half of FY's I have an EPS estimate around $3.17 for FY17, which lowers my 10% figure into the low $60's. However - historical data should only ever be a guide. With all the doom and gloom being promoted, it should be noted their 1/2 year results were their second best since 2004 (as far back as I went). I bought progressively down from $124 to $105 and though I'm running at a 22% loss, I'm not losing sleep. This is a buy and hold style company (within reason of course). Poor sentiment (along with shorters) can be a hard road to journey on - and Mr Market is manic by nature. From a diversification point of view I already hold a sizable portion, so won't buy any more, but if that wasn't the case, I would progressively be taking a position