I searched around here for few times now and never seem to find any post regarding this excellent Aussie company. I find that rather suprising that nobody would be interested in it. Is it perhaps too boring of a stock?
I looked at this share about 6 months ago at around $13-$14 on P/E 16 and I thought than it was dear but what to say now when the price is almost breaking $20 on PE of 23 or so.
BKL is undoubtedly a great business and major player in its industry. It has great reputation amongst its customers and big stake of the stock is still owner by the company's founding family (i.e. their interests are aligned with the interest of a shareholder). To me all these are great signs of a stock for a long haul.
I have also add some of my own analysis to my security analysis part of my Sound Of Gold web at http://sog.shopinthemall.com/ web if anyone is interested.
What is your opinion about this share?