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...
BKL Price at posting:
$64.58 Sentiment: Sell Disclosure: Not Held