BKL 0.00% $94.73 blackmores limited

The choices have always been many.. nothing has changed here...

  1. 139 Posts.
    lightbulb Created with Sketch. 40

    The choices have always been many.. nothing has changed here except shorters / algorithmic traders have chosen blackmores as a target to play with.. for now. Dividend yield is expected to increase next year so it's looking pretty attractive at these prices. And it's still a growth stock, they are moving into new markets so a high PE of at least 20 is justified. It's running on a similar PE to Amcor at the moment and they sure didn't increase their profit by 100% this year.

    I'm not holding Atm but will be starting to buy small parcels at these levels. Shorters did this same thing to BAL a while ago and drove it down from $16 to $8. Now it's Back up again. Same will happen with BKL.
 
watchlist Created with Sketch. Add BKL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.