BAL 0.00% $13.23 bellamy's australia limited

Ann: Bellamy's enters Scheme Implementation with Mengniu, page-203

  1. 1,818 Posts.
    lightbulb Created with Sketch. 906
    "Doing everything possible"? "legal or not"? I think you're showing a naivety in how doing business with China - and BAL - works.

    What do you think BAL management should have been done in the last 2 years that they haven't? What more/different would you have them do in the future?

    And management aren't about to go handing red envelopes out now - not when they still have growth, and the penalty for being caught would be commercial suicide. The near-death experience they had a few years back will have changed the company risk profile for decades.

    SAMR has (more than likely) been delayed because of the repeated perceived slights to China by the Australian Government in the past four years. And as posters earlier today pointed out, should the FIRB *not* approve this sale, then it will just be considered another in a long line of anti-Sino rhetoric, and the accreditation application will likely be "lost" in the in-tray... forever.

    FIRB rejection would be bad for $BAL and bad for shareholders.
 
watchlist Created with Sketch. Add BAL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.