BAL 0.00% $13.23 bellamy's australia limited

Make BAL great Again!!!, page-144

  1. 1,524 Posts.
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    I can't help but think that Fonterra volumes are being underestimated by all of us. The points I keep referring back to are from the annual report and the AGM.

    Annual Report:
    "... now have access to more then double the existing ingredient pool to meet our medium term growth objectives ..."

    AGM:
    "... ambitious in volumes... Fonterra taking BAL to new levels..."
    "... securing supplies has enabled Fonterra..."
    "... bringing Fonterra into the mix has been great... enhanced ingredients making even better formula..."

    I know it seems hard to believe, but I'm not going to be surprised if 1H17 turnover is close to double 2H16. How this equates to revenue and profit is the harder question for me... and I think only BAL will be able to answer this when the first year results are published. But I think it will take most by surprise.... a very pleasant surprise I'm hoping for all us loyal shareholder
 
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