This is a market where Nestle with a growth of 10% and problems like Maggi is valued at 43 times earnings why not Page with better industry position and business quality trade at 70 times? For me Page is a business that must be held for many years to come and it would be premature to sell it out citing valuation. For people who don’t have it yet in their portfolio it is entirely their call to buy at this valuation because the market is full of opportunities and there are always other ideas that can provide valuation comfort. Disclosure: Invested from lower levels
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