Blackmores: With volatility comes opportunity

Ben Clark

TMS Capital

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 decades. China has a strong history of using herbal medicine so culturally the products are widely accepted. Data presented to us by Blackmores clearly shows that produce from Australia and New Zealand is the most desirable with local consumers. We think at current levels Blackmores looks attractive and have started to accumulate shares. Our monthly update including commentary on Blackmores (starts at 3.25) is in the video below.


1 topic

1 stock mentioned

Ben Clark
Portfolio Manager
TMS Capital

Ben Clark commenced his role as Portfolio Manager with TMS in 2005 and has over 20 years’ experience in the industry. Ben manages portfolio's directly for high net worth individuals as well as overseeing the TMS Concentrated Australian share fund.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.

Comments

Sign In or Join Free to comment