BKL 0.00% $94.73 blackmores limited

full steam ahead

  1. DSD
    15,812 Posts.
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    By any definition BKL have shown how astute management able to seize the zeigist can shoot the lights out. Has there been a better performer in the ASX over the past 20 months? I doubt it.

    Blackmores have been making vitamins for 40 yrs. Using latest technology to formulate the best products combined with mass production.... they've targeted the biggest mkt of all namely Asia. Many in Asia don't have faith in their own health products. The contaminated milk powder that killed scores of babies is just one example. Oz has a clean green reputation and people trust us. Why do you think half the world wants to come and live here?

    Plus the last 10+yrs has seen Asia swing away from traditional medication towards white man stuff. They share our faith in science, and trust our labs to be honest with their research. Now they have the buying power and they want the western products that were previously unavailable/unaffordable.

    The 4Q sales show how BKL is riding this wave. The wave just grows in size with no sign of stopping esp as food in China has massive problems with soil pollution esp cadmium in their phosphate fertilisers. This heavy metal stays around for decades and accumulates in both soil and person ingesting the crops produced. The problem is almost unsolvable and is one of many. Hence, vitamins are seen as an essential addition to their diet.

    20 months ago SP was $20.86. Its now $104. Go you good thing and congrats to all you jumped on board and rode this baby into the sunset. Don't pay too much for those margarita's on Tahiti beach.

    Never sell.
 
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