BAL 0.00% $13.23 bellamy's australia limited

SMH Exclusive Story on BAL - Oh boy!, page-93

  1. 12,161 Posts.
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    Here is a trick....take the latest Annual Report, print it in black and white, then take it and cut out and throw away all the photos and put back together again and re-read with the critical eye of an independent investor.

    It will horrify even the most basic of investors. So to respond to your above comment, they have no plant & equipment to speak of. The Consolidated Accounts shows about $1.1m worth, office furniture and technology basically.

    Take their website and test each claim against actual production and you will find most of the website claims as incorrect also.

    A brand name? Yup, for sure...but that is it and that is seriously under fire right now for good reason.
 
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