Great post Cam.
One question would you short BKL or any other company? if not why not?
The reason I ask this question is that the market (or at least the quality end of it) is trading on high multipliers. During times like these is shorting a former market darling that is clearly facing increased competition a viable option?
I have never followed BKL closely but have it on a watchlist and have seen first hand in NZ at least competitive pressure building on its business. I am referring to the aggressive promotions that Red Seal is constantly running through Countdown (WOW's NZ subsidary).
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