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  1. #11
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    "There are plenty of examples on the share trader forum of cheap companies that have swallowed their fan boy's capital."

    This fanboy says a rueful "Amen!"

  2. #12
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    Halebop. Your approach seems very rational. Well done. I'll keep my eyes on your future posts.

  3. #13
    Senior Member Halebop's Avatar
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    quote:Originally posted by contrarianinvestor

    Halebop. Your approach seems very rational. Well done. I'll keep my eyes on your future posts.
    Cheers CI [:I] ...I'd like to claim credit but Buffett beat me to it by 40 or so years.

  4. #14
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    quote:I'd like to claim credit but Buffett beat me to it by 40 or so years.
    I also read Hagstrom's book. There is also a CNBC interview with Buffett on YouTube which I enjoyed:
    Part 1, Part 2, Part 3, , Part 4, Part 5

  5. #15
    Share Collector
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    This is a great little company to put on the watchlist for long term investors and buy on dips. It has rarely been cheap on any metrics (apart from during the depths of the GFC), but the steady growth rate in earnings, which continued throughout the GFC, is a real credit to them. As per yesterday's analyst presentation, they've managed a 15.6% pa growth in eps over the past 5 years. Capital needs are not a limit to growth, so they can afford to pay out significant dividends (yield currently 4.7% + franking). And, of course, they head up their outlook with "well-positioned"... but I won't hold that against them.

    Currently, I'd like to be able to buy around $22 max on a value basis (sellers now at $24), but, looking at the chart, I'm not sure that will be possible. However, I am including it on my "long term quality holds" list.

    (Regards their products, I've never been that comfortable with supplements, but have had to change my mind this year after discovering that their "Omega Joint" product was spectacularly more successful than any conventional pain-relief I'd tried.)

  6. #16
    SRV is a God STRAT's Avatar
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    Hi Liz. 24 bucks is a major hurdle for this one. It peaked there early in 2007. Back there again. Will be interesting to see if it breaks through.

  7. #17
    Share Collector
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    More steady growth from Blackmores. Now at $28.03.

    Would write more, but looks like it would practically be a repeat of last years post!

    PE 17.1, yield 4.4% plus franking. Buy on weakness.

  8. #18
    Veteran novice
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    Quote Originally Posted by Lizard View Post
    More steady growth from Blackmores. Now at $28.03.

    Would write more, but looks like it would practically be a repeat of last years post!

    PE 17.1, yield 4.4% plus franking. Buy on weakness.

    Buy on weakness, indeed, Liz!

    The above post was over four years ago but BKL hit the $200 mark today! Meanwhile, I'm looking for the next umpteen bagger!



    Later: Back to $180 as I wrote that - but still up about 25% today.
    Last edited by macduffy; 29-10-2015 at 01:54 PM.

  9. #19
    percy
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    When you find it,would you kindly share it with us??!! lol.

  10. #20
    Member penn's Avatar
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    BKL looks very nice,
    But I find it hard to buy a share where
    Any-one -even Morningstar have it as a SELL (in red)
    =Also find it hard to pay $180 for one share!
    ...now talking of potential umpteen baggers and at the other end of the spectrum, (ie 180000 shares for the price here of one)
    try looking up;

    Seismoelectric.
    Last edited by penn; 29-10-2015 at 05:57 PM. Reason: format

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