This share price drop is not a buying opportunity for everyone!!! Blackmores profit will continues dropped and so as the share price with each financial report announced.
I work in the pharmacy who served a lot of tourist. Blackmores and Swisse are no longer Chinese preferred brand. Whenever I tried to sell Blackmores, customer rejected immediately. Some rumour among Chinese saying that Blackmores is made in China, it is not a good brand and that actually put off a lot of customer. It is interesting to see how market change, few years ago, I run out of stock to sell to the tourists.
I sold my share at $120 when I started to see my Blackmores sales figure gone down. I would like to see it goes up again but unfortunately it isn't...
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BKL's Problems Run Deeper Than China!, page-17
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