BAL bellamy's australia limited

Long-term sustainable growth for shareholders beyond FY17"., page-97

  1. 6,054 Posts.
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    TA is looking very sick at the moment. At least $10 is good support. Who would have thought after the FY report that we'd be looking at $10 within 3 months. Such is the way markets work.

    Hopefully A2M give support on Tuesday with their AGM. Although they've already come out saying "continued and consistent growth in consumer demand" for IF and that didn't do anything for BAL. I'm hoping A2M come out with a forecast that knocks the socks off everyone.

    Don't expect BAL management to come out saying anything. They had a bumper 2HY16 and we didn't hear boo from them. Perhaps the vote against Resolution 2 was an indirect attack at Laura's ability to handle the interests of the business and its shareholders. She's a great businesswoman, however, her management of shareholder's interests needs scrubbing up. Remember the debacle in February!
 
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