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So are we seeing a step-change in BLX's business?A somewhat...

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    So are we seeing a step-change in BLX's business?
    A somewhat extraordinary quarter.
    Online sales surging, as we are seeing at many other businesses.
    And even international sales are starting to build some momentum. BLX could be a major beneficiary of being an in-house designer of its products by building a genuine international sales business (a la Breville?)
    Annualised NPAT of $30M would see BLX on a PE of only 12 at the current share price.
    It is not hard to see the BLX continuing to trend upwards with these metrics.

    Seems a bit inconceivable from 12 months ago.

    The last 2 quarters for BLX have been superb. All of a sudden, BLX is deserves admirers.

    Gosouth



 
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