2017 profit to be less than 2016

2nd quarter 'improving' but that was relative to q1 where profit was down 46%

Importantly guidance has been given that 'we don't expect to match last year's exceptional performance for the full year'.

Ie profit for 2017 is expected to be less than 2016.

For a share that is priced as a 'growth' stock with a PE of 18 odd, negative profit growth is not good.

Blackmores, whilst a good company, is still over priced.

Still a sell for me at current prices.




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