right Mrs blackmore has built a house that needed significant funding...mr blackmore has been buying boats and now selling boats
if I owned 25 % of my company and had to sell off another 5 I would be very pissed ... well but.
new untried management.... if they have any brains will get all the bad news out early...... have they? and also show the way forward.
they have been honest ... too much discounting at year end ... well ok but I bet it’s all year .... to night chemist wharehouse offered blackmores range at 50% off that’s the issue
marcus they are not your mates when they are paying you bugger all .... they are using you. But you have a factory to run at full capacity to make $ .... stuck you are ........ perhaps not . rebuild a business with margin .... something you gave away.
there is another issue the business faces
China ... can blackmores turn it around or are they stoped by Chinese regulation think barley before you answer...
I don’t think a business which reports and emphasises the strength of pet supplements which is in the human complementary medicine business is headed in the right direction
sell guys sell
do your own research
BKL Price at posting:
$67.81 Sentiment: Sell Disclosure: Not Held