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$13.23 bellamy's australia limited

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Barolobill

7,788 Posts.

189

06/12/16

10:09

Post #: 21130070
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Originally posted by tart06 ↑

SMH 6/12/16

"Morgan's analysts remain cautiously upbeat...........Following the disappointing update......We expect earnings to resume in FY18......Despite some short term disruption, China still remains a big opportunity for Bellamy's given it is currently stocked in less than 5% of its potential distribution points........

Remember the new 2 baby rule in China only commenced 1st Jan. 2016, just imagine the growth potential in sales for both Bellamy's and A2M.

To me this is a "Buy now, Hold and Watch it grow stock for the next 3 years"....my hold date target is Feb. 2020.....3 years and 2 months away, IMO the SP will be rocketing over $30 by that stage.....for the next 6 to 12 months the SP will bounce around the $7 to $10 level......and then once growth resume in FY18 we are off to $15 and beyond.....

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If you want to play the china consumer theme, then by all means hold some BAL, but hold A2M, BWX & TWE as well to spread the risk.

BAL Price at posting: $6.48 Sentiment: Hold Disclosure: Not Held
6 Upvote

0 Great analysis

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