BKL 3.89% $80.96 blackmores limited

Red candle close for the week. No need to buy yet. Agree with...

  1. 376 Posts.
    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.
 
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