The role of population growth in hoodwinking the public is often ignored, and domestically, is a massively underappreciated driver. Population growth is manna from heaven for economists and politicians. They can quote GDP figures that show rising activity, even if per capita activity doesn’t move. It creates the means to... Show More
Vitamin group, Blackmores (BKL) posted a substantial slide in its HY17 earnings. The result was dragged lower by a slump in Chinese-influenced sales in Australia as operating channels change. Group sales fell by more than 5%, profit slumped by 41% and a much smaller dividend was declared. A drop in... Show More
Blackmores {120.76 4.19 3.47%} went ex-dividend today $2.10 & traded to a low of $112.53 -$4.04 or -3.4%, but then bounced immediately (in fact all the way back to $118.48 +$5.95 or +5.3% … But then came off its high in arvo. That move is telling you the buyers are... Show More
Qantas Airways Limited (QAN) reported a record underlying profit before tax of $1.53 billion, up 57% from $975 million, the best result in its 95 year history. Qantas also saw revenue increase by 2% to $16.2 billion: Wesfarmers Limited (WES) posted a full year Net Profit after Tax of $407... Show More
After a stellar performance in 2015 shares in Blackmores have been volatile in 2016. We have been somewhat skeptical about the supplements industry, however, we recently met with management and came away feeling like we may have underestimated how big of a growth market China could be over the coming... Show More
Blackmores (BKL) posted a slightly better than forecast 159.5% lift in profit to $48.3 million for the six months ended December 2015. The result was driven by its core Australian operations and demand from China For more Reporting Season coverage, please visit https://www.commsec.com.au/reportingseason Show More
Blackmores share price has fallen over 10% which follows on the weakness from last week (down over 20%). We have made several enquiries to our industry sources and although we can't find anything concrete - anecdotal evidence suggests there is some concern over the regulatory situation in China (it's more... Show More
Shares in companies selling product into the surging infant formula and supplements market in China have been on a rampage. It was only a few months ago that Blackmores' share price marched through the $100 mark. Yet late last week the same shares touched a staggering $200 in intraday trade.... Show More
One of the themes that has driven some stocks in the last 6 to 12 months has been food quality and safety in China. Stocks such as Bellamy’s (ASX: BAL) and Blackmores (ASX: BKL) have experienced extremely strong share price appreciations recently on this theme as demand from Chinese consumers... Show More
I followed up yesterday's post with another this morning on Blackmores. The full year results numbers surprised me somewhat. The official numbers suggest sales grew more in Australia than Asia, whereas I had thought Asia was driving the renaissance. One of our blog readers, however, tells me the official numbers... Show More