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Dzaak

114 Posts.

02/08/16

17:00

Post #: 18427867
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Originally posted by Proctalgia ↑

I don't think there's any downside risk regarding their upcoming reports. They have said that they would advise the market if they had anything of consequence to report. That was when there were plenty of rumors about a possible slow down in sales in April. Management seemed vexed with all the unsubstantiated reports of a slowdown in China.

Anyway, they've had plenty of opportunity to let us know if sales momentum was impacted and I'm more than happy to trust them.

Of course, you might want to keep your eye on any developments in the South China Sea story as that could really have an impact if relationship with Australia deteriorates. You'd have to say it's just sensationalist journalism for now.

Personally, I'm waiting for a much lower price before topping up... more room for error.
As always, just my opinion, DYOR, and diversify.

Cheers and good investing/trading.

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Define "much lower price".
I'm keeping an eye on BKL. I don't hold any shares but looking for the right time to enter for the first time. I really wasn't interested at $160, but the close at $150.50 has peaked my interest.

BKL Price at posting: $150.50 Sentiment: None Disclosure: Not Held
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0 Great analysis

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