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$80.96 blackmores limited

" PS: Sales without profits (now) and dividends (?tomorrow)...

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2,848 Posts.

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31/05/17

16:49

Post #: 25021722
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Originally posted by usc75 ↑

Thanks, patprice...

Especially is one considers the following:

On 27th April 2017, BKL released its Third Quarter Results Announcement.

Key Facts: Consider 1st 9 months of FY17 (compared with same period FY16):

* Sales down 6.7%

* EBITDA down 39.4%

* EBIT down 42.2%

* Profit Before Tax down 44.5% ...and that's just for starters...

PS: But according to the word-picture painted by Management and Board, BKL is rosy red!

PPS: It's just a pity that it's fast becoming a highly unprofitable business. Makes one wonder why?

Flash Forward to Today: not one of the above Critical Issues was addressed.

This must leave shareholders wondering what's going on while founder Marcus Blackmore remains absent?

Instead, shareholders were treated to waffle, waffle and more herbal waffle.

PS: Sales without profits (now) and dividends (?tomorrow) leaves Share Price teetering on the abyss.

PPS: It's far safer with feet on the ground looking up to, rather than wavering arms and toes facing down from, the abyss.

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"
PS: Sales without profits (now) and dividends (?tomorrow) leaves Share Price teetering on the abyss."
I didn't know they stopped making profits. Where did you get that information?

BKL Price at posting: $102.02 Sentiment: Hold Disclosure: Held
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