Bellamys in China Trouble, page-54

Well done your courage will be rewarded. BAL already flagged at half year report that the second half revenue 18 would be slightly less than first half 18. They had $18 m of revenue in first half that they won't have in the second half because they were waiting for CFDA registration which closed that channel. All other channels are still open for BAL and with EPS of around 40 cents for FY 2018 the current share price puts it on a P/E of 31 which is cheap IMO. BAL only has 113.3 million shares on issue and another 300,000 shares will be issued once Camperdown receives CFDA approval for the new formula as part of the remaining 10% purchase of Camperdown that BAL is committed to. Yes the share price has crashed the last 2 weeks very quickly but good news will see it head up just as quick due to the low volume of shares in this company. Also this company is ripe for being bought out if this CFDA approval comes and the share price still wobbles.