A director at Blackmores Limited bought 650 shares at 69.090AUD and the significance rating of the trade was 53/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clear...
BLACKMORES (AU), a company active in the Food Products industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date February 15, 2022, the closing price was AUD 87.96 and its potential was estimated at A...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Global equities fell by 0.6% after a strong start of the month was scuttled by the emergence of the Coronavirus. Healthcare (12%), IT (11%), Communication Services (9%) and Consumer Staples (8%) saw strong returns. The biggest hurdle for investors in Australia remains valuation. Analysts seem relatively comfortable with full-year EPS estimates after the downgrade cycle, with earnings certainty is back to around normal levels for the ASX200 universe. The Q4 19 inflation data was broadly in ...
Narrow-moat Blackmores announced the appointment of Alastair Symington as CEO, effective October 2019, filling the vacancy after the departure of Richard Henfrey in February 2019. Importantly, Symington brings his experience in fast-moving consumer goods, or FMCG, in China, the key growth market for the Blackmores brand. With approximately one quarter of net sales directly from China and additional cross-border purchasing in Australia destined for China, the Chinese consumer and distribution cha...
Narrow-moat Blackmores announced the appointment of Alastair Symington as CEO, effective October 2019, filling the vacancy after the departure of Richard Henfrey in February 2019. Importantly, Symington brings his experience in fast-moving consumer goods, or FMCG, in China, the key growth market for the Blackmores brand. With approximately one quarter of net sales directly from China and additional cross-border purchasing in Australia destined for China, the Chinese consumer and distribution cha...
Narrow-moat Blackmores announced the appointment of Alastair Symington as CEO, effective October 2019, filling the vacancy after the departure of Richard Henfrey in February 2019. Importantly, Symington brings his experience in fast-moving consumer goods, or FMCG, in China, the key growth market for the Blackmores brand. With approximately one quarter of net sales directly from China and additional cross-border purchasing in Australia destined for China, the Chinese consumer and distribution cha...
Blackmores has been the market leader for complementary medicines in Australia since 2003, following the demise of competitor Pan Pharmaceuticals that year. A combination of product innovation, category expansion, and increasing distribution scale has helped the company maintain this position and achieve strong profit growth. Key products include the performance multirange, eco krill oil, executive B stress formula, and pregnancy and breast-feeding gold. A growing acceptance of complementary med...
Blackmores third-quarter profit of AUD 10 million was down 43% on the previous corresponding period. Revenue fell 4% but the real hit was from higher marketing and promotional spend, which crunched profit margins. While earnings fell precipitously, it was mostly expected. At the interim result in February, management flagged China headwinds and guided towards weaker second-half earnings. It’s likely we’ve seen the nadir and expect improvement in the fourth quarter. Nonetheless, we trim our f...
Blackmores third-quarter profit of AUD 10 million was down 43% on the previous corresponding period. Revenue fell 4% but the real hit was from higher marketing and promotional spend, which crunched profit margins. While earnings fell precipitously, it was mostly expected. At the interim result in February, management flagged China headwinds and guided towards weaker second-half earnings. It’s likely we’ve seen the nadir and expect improvement in the fourth quarter. Nonetheless, we trim our f...
Blackmores third-quarter profit of AUD 10 million was down 43% on the previous corresponding period. Revenue fell 4% but the real hit was from higher marketing and promotional spend, which crunched profit margins. While earnings fell precipitously, it was mostly expected. At the interim result in February, management flagged China headwinds and guided towards weaker second-half earnings. It’s likely we’ve seen the nadir and expect improvement in the fourth quarter. Nonetheless, we trim our f...
Narrow-moat Blackmores’ share price fell heavily after the company reported soft first-half results and downgraded full-year guidance. Despite strong growth in volumes, which translated to an 11% increase in revenue to AUD 319 million, NPAT was flat at AUD 34 million. Flat first-half profit reflected higher costs from higher raw material prices, higher rebates in China relating to stock clearance and the changing channel mix, increased marketing spend particularly in China, and higher operatin...
Narrow-moat Blackmores’ share price fell heavily after the company reported soft first-half results and downgraded full-year guidance. Despite strong growth in volumes, which translated to an 11% increase in revenue to AUD 319 million, NPAT was flat at AUD 34 million. Flat first-half profit reflected higher costs from higher raw material prices, higher rebates in China relating to stock clearance and the changing channel mix, increased marketing spend particularly in China, and higher operatin...
Narrow-moat Blackmores’ share price fell heavily after the company reported soft first-half results and downgraded full-year guidance. Despite strong growth in volumes, which translated to an 11% increase in revenue to AUD 319 million, NPAT was flat at AUD 34 million. Flat first-half profit reflected higher costs from higher raw material prices, higher rebates in China relating to stock clearance and the changing channel mix, increased marketing spend particularly in China, and higher operatin...
We adjust our fiscal 2019 earnings forecasts for narrow-moat-rated Blackmores following release of its first-quarter results. The firm significantly increased its advertising and promotional activity, which had the twin impact of driving stronger revenue growth while the cost of this activity detracted from profit growth. Revenue was up 15% on the same quarter last year and net profit after tax rose 7%. We now forecast EPS increases 9% in fiscal 2019, compared with our prior forecast of 20% and ...
We adjust our fiscal 2019 earnings forecasts for narrow-moat-rated Blackmores following release of its first-quarter results. The firm significantly increased its advertising and promotional activity, which had the twin impact of driving stronger revenue growth while the cost of this activity detracted from profit growth. Revenue was up 15% on the same quarter last year and net profit after tax rose 7%. We now forecast EPS increases 9% in fiscal 2019, compared with our prior forecast of 20% and ...
We reiterate our AUD 135 fair value estimate for Blackmores as we transition coverage to a new analyst. Our narrow economic moat and high fair value uncertainty ratings are also unchanged. At current prices around AUD 124, the stock is fairly valued. The fiscal 2018 result was strong, with net profit after tax up 19%. Growth continues to be driven by China and the broader Asian region, as well as the firm's premium Bioceutical product range in the domestic Australian market. We slightly reduced...
We reiterate our AUD 135 fair value estimate for Blackmores as we transition coverage to a new analyst. Our narrow economic moat and high fair value uncertainty ratings are also unchanged. At current prices around AUD 124, the stock is fairly valued. The fiscal 2018 result was strong, with net profit after tax up 19%. Growth continues to be driven by China and the broader Asian region, as well as the firm's premium Bioceutical product range in the domestic Australian market. We slightly reduced...
We reiterate our AUD 135 fair value estimate for Blackmores as we transition coverage to a new analyst. Our narrow economic moat and high fair value uncertainty ratings are also unchanged. At current prices around AUD 124, the stock is fairly valued. The fiscal 2018 result was strong, with net profit after tax up 19%. Growth continues to be driven by China and the broader Asian region, as well as the firm's premium Bioceutical product range in the domestic Australian market. We slightly reduced ...
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