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$94.73 blackmores limited

Trying to predict the future is tough, trying to predict stock...

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Berger978456

3,546 Posts.

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30/09/19

11:39

Post #: 40636927
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Originally posted by NZtrader: ↑

Good trade. If I did I'd exit and re-enter in 6 month at $50. 85/90 is the max price for this rebound. Then back to the trend which is a bearish trend showing the market smells a rat.

BKL has a few good assets I'd buy in a heart beat, but not the whole lot, it looks bloated and when a company bloats it makes mistakes, hires the wrong people, get an inflated HR department... the usual...

The crisis is not over, and when it'll rebuild itself, it'll be a company I'll buy. Between $35 and $50. 6 months to a year time frame.

GL to all holders though.

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Trying to predict the future is tough, trying to predict stock price levels is even tougher. New CEO starting soon, cost cutting, probably a real focus on new products. I think we might have seen the bottom already. Happy to hold at these levels and sell if it becomes expensive again - thinking $200+ a share

BKL Price at posting: $85.51 Sentiment: Buy Disclosure: Held
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