Don Reed
Atrium Innovations.
ATB-T
DON'T BUY
Mar 15, 2011
If he bought it a month ago he would expect to sell it 5 years from now. Not really cheap. Would not buy it today and sell in 30 days. Would look at averaging the price.
(Top Pick Nov 16/09, Down 2%) Nutrition business. Biggest maker of high quality supplements sold through practitioners. A German product changed classification from drug to food additive. They grow through acquisition and he expects them to do that next year.
In the nutri-ceuticals environment with drugs, health foods, etc. Hard to read how the market place is playing out in this sector. Prefers Paladin Labs (PLB-T) and would into this one instead.
(A Top Pick Dec 23/09. Down 0.46%.) Canadian Based multinational consumer products company in the high quality vitamin supplements sold mostly though practitioners. Had to change a German product from a health supplement into a food additive, which has held back the sales. New product is selling well. Very low multiple. Good risk/reward. Still a Buy.
(A Top Pick Aug 11/10. Down 7.38%.) Largest US manufacturer and one of the largest in Europe of high quality vitamins and other supplements. Also made acquisitions that have got them into the health store business. This is a buying opportunity.
Vitamin Business. Likes long term demographics of vitamin and supplement business. Unfortunately a lot of business is in Europe and is hurting them. Thinks there is definitely better places to be. He sold his holdings.