Hi all - the market will always have good days and bad days but if the underlying company is good then long term the price will start reflecting this.
Short term BKL might be impacted by China ban but the Chinese are kidding themselves if they think this ban can be maintained. With a population of 1.3 billion and a growing affluent middle class and a potential relaxing of the one child policy I think there will be plenty of demand. Also remember there are other countries in Asia (namely India) with the similar profile as China so logically BKL will look to expand there too later.
All said long term there are good prospects for BKL and while I cant see it reaching the heady heights of last year I think it will definitely give you some gains (plus you will get the dìvs too).
Long term your on a winner - wish I was in your boat
BKL Price at posting:
$92.36 Sentiment: None Disclosure: Not Held
