All I know is BAL is making 40 Million in profit per year and has 80 Million in the bank. Which means sooner or later it will transition from a growth stock to a dividend paying stock. Also given that China only accounts for 6% of BAL sales, competition there will lead to negligible losses in sales. Just got to keep growing their Australian market share and transition to Indonesia and Vietnam and I will be a happy Chappy. With Indonesian free trade agreements we will have competitive advantage against a2m.
BAL Price at posting:
$9.74 Sentiment: Buy Disclosure: Held