BKL 0.00% $94.73 blackmores limited

BKL Result, page-8

  1. 543 Posts.
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    It is not hard to analyze this - you can't just look at the headline result "100m,  up 115%" and say "thats a great result". It is quite clear there is a slowdown.

    As i wrote on the other thread:

    Column 1 Column 2 Column 3 Column 4
    1   2016 2015 -
    2 Q1 Sales 162 98 65%
    3 Q2 sales 179 108 66%
    4 Q3 sales 190 119 59%
    5 Q4 sales 185.6 145.75 27%
    6   717 471 52%

    Sales slowing down = sales growth will approach 0 by Q2 of this year = profit slow down = PE premium not justified = position "not held".
 
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