As I mentioned earlier, lets hope this is an "isolated management issue" (and the 8 week payment issue mentioned by another poster on Stuff is also an "isolated management issue")... and doesn't paint more disturbing/questioning issues of management and how the handle things going forward...
Hope so but the old cliché of where there's smoke there's fire springs to mind. Hope I'm wrong.
Interesting article, CVT is by far not the success story 'growth stock' that has been hit hard recently "Blackmores shares tumbled 13 per cent or $20.54 to $140.32 in early trade. Yes, the stock is still up 72 per cent over the last 12 months, but it is now well off the $220 it peaked at in early January"
Seem to have also struck some channel issues similar to CVT... interesting the part around "daigou"... essentially could result in lower margins.
The question at the end is essentially the exact same as what we debating here (open the link to read more hope you are all able to access it)
Bookmarks