So everyone jumping on the BLT bandwagon now?
For your sake of your wallet and mine I hope you have not paid too much.
PS Please stop mentioning PEB here :(
Printable View
So everyone jumping on the BLT bandwagon now?
For your sake of your wallet and mine I hope you have not paid too much.
PS Please stop mentioning PEB here :(
The main throat Patents are about to expire, but they have a good deal of Trade Secret knowledge. The science seems to support their effectiveness and at $70 odd million chump change for a larger overseas manufacturer. The company however has said profits will be similar to last year as they are spending on R&D, marketing etc. If they can replicate the NZ success in Canada, Aussie, Japan or Europe profits could rise by a factor of 10. Disclosure long term shareholder, but I've sold a quarter of mine at these prices.
Seven weeks! Well that's not exactly long term. I've been accumulating BLT since 2005 and have hung in through all the trials and tribulations -and the CRs.
I'm an investor, not a trader, and don't quite see the point of selling down as things are hotting up.
I don't sell shares in my own company because things are going well so won't be dropping any BLT anytime soon. May think about it when it gets to 25% of my portfolio (it has currently rocketed up to 15%) but even then I'll think twice.
https://sites.google.com/view/nzshar...020-commentary
Must admit I am a little surprised that BLT is the third most favoured stock in the competition this year.
There will be some happy BLT stock pickers and holders- SP up to 7.5c already this morning and appears it will go higher.