BKL Bad News Looming???, page-26

usc - your info is reliable as Trumps tweets.

Brokers say A$100. Goldman Sachs says A$107, CS say A$100. Consensus hovers just above A$100.

The Australian vitamins industry is A$1.5bln, the Chinese vitamin industry is worth A$22Bln+. BKL needs China, and China is a fickle beast. BKL rallied hard on IF and the China mkt, and that is why we had the huge ramp up in recent years.

Now BKL is working hard to increase access in China, but wisely diversifying into Indonesia, Vietnam etc.

If you want to put a note in your diary for end of 2017, and then ping me back it would be great. I probably won't bother with that. My guess is this will be back above A$110 and I will be out of this trade, but perhaps buying on dips, and selling into rallies as I always have.