BKL 0.00% $94.73 blackmores limited

News: Australia's Blackmores posts 41 pct full-year profit drop, page-40

  1. 1,380 Posts.
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    results suggest grrenshoots for bkl turn around but im not interested at 110.

    maybe at 90-95. growth outlook still looks guarded and china sales growth was impressive but off low base.

    i agree the bull run 20% is a bit overdone. remeber bkl is not a highly liquid stock so tends to have a high variation day to day and weekly. i suspect the turnaround trade got crowded and a few shorts closed on the uptrend but it will drop again.
 
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