Yes, that’s the plan. This was one of the steepest declines in margins (even as compared to other major chemical players) so it is a worrying sign. If margins continue to fall next quarter as well, I don’t see how it can get more expensive. Add to it, its Feb results weren’t great either. Also, in my opinion, given the amazing rally in chemicals over the last 2 years, every bad result hereon will be punished severely and it will be all the more difficult to maintain rich valuations. Hence, my waiting game.