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3.89% $80.96 blackmores limited

BKL Bad News Looming???, page-44

  1. LadyinRed
    376 Posts.
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    10/06/17
    08:40
    Post #: 25209306
    Red candle close for the week.

    No need to buy yet. Agree with Jogo. No need to pay such a high PE for a lack of earnings certainty.

    The growth angle on this has deflated significantly, and there are numerous competitors. Also there is significant price discounting in this sector. Volume and price uncertainty plus competition.

    Can't see a green candle coming anytime soon.
    BKL Price at posting: $88.46 Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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