Blackmores excels

We initially purchased Blackmores (ASX: BKL) just a year ago at $32.00, with purchases since to average a $35.60 entry price. We invested because of the health and environmental benefits of moving away from dangerous chemical based drugs.

Yesterday Blackmores shareprice reached $200, but it has since come back a bit. The company announced a September quarter profit up 161% on September 2014, plus a joint venture with Bega Cheese to market health foods into Asia. (Blackmores vitamin sales in China were up sixfold for the September quarter from the previous corresponding period.) They are now our largest investment based on value considerations.