Originally Posted by
pierre
Ive been holding BLT since 2005 and am on the right side with my substantial holding owing me less than 2c each.
BUT... I'm starting to feel like a Warriors fan - wearing the jersey to every game and cheering the team on but being consistently disappointed with the erratic nature of the results of the games.
Or maybe it's like taking the same Lotto numbers every time and being scared to miss a week in case that's the day the numbers come up.
The ridiculously dumb advertising for the new skincare product has got me riled up and is tempting me to quit. It seems crazy promoting an expensive bottle of stuff to enhance your skin by telling potential consumers "your skin is enough." Its like trying to flog a new BMW by saying "your old bike is OK".
I dont think it works and I suspect the product is not really gaining any traction in thevmarket. It will probably end up melting away like the Blis icecream all those years ago.
So many BLT initiatives have started with great fanfares but have come to zilch with blame sheeted home to hopeless distributors, regulatory issues or some other lame excuse.
Despite al this whinging, Im trekking to Dunedin again in a couple of weeks to attend the AGM. I want to look Brian Watson, Julie Curphey and others in the eyes while they give me five good reasons I should remain a shareholder and tell me when the Blis ship will finally come in.
I'm a patient investor, but after 16 years on the BLT register it is starting to wear a bit thin.
I might buy a Lotto ticket and back the Warriors to win their next game - maybe one (or both) of those might produce a better outcome than BLT appears capable of achieving at the moment.