BAL 0.00% $13.23 bellamy's australia limited

Bellamys in China Trouble, page-55

  1. 4,158 Posts.
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    Pe of 31 is cheap?

    If that’s case what are the Banks that are on Pe’s of 13?

    IMHO it’s expensive and can’t afford to make one wrong move or else it’ll get absolutely smashed. However, I like this company and at some stage will buy in but waiting for a reversal first as there’s no telling when this selling will stop.

    The other concern is whether “insiders” in the know are causing the sell-off before a negative Ann comes out which if this is the case, again it will be smashed even further.
 
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