Hi wild-1. Read your post and concluded you haven't provided any rationale for your view that the current share price implies that growth is about to stall or fall off a cliff or that the share price is a steal. That's because you haven't included any calculations and ignored such things as competition, especially from Chinese companies who can more easily get inside information of the Chinese government's intentions while at the same time manufacture in Western countries (the Swisse product range for example). Even if it is way below so-called fair value, in terms of making money from going long BKL shares, I'd say that anyone who holds any shares in a downtrend instead of selling is wasting their money, which could be put to much better purposes such as buying shares where the price has just started an uptrend. Even if BKL has bottomed already it could still go sideways for weeks, another waste of money if you're holding. After all you can always buy BKL once it starts to trend up again.
BKL Price at posting:
$131.39 Sentiment: None Disclosure: Not Held
