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0.00% $13.23 bellamy's australia limited

Ann: Business Update, page-263

  1. Warnie
    17,232 Posts.
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    02/12/16
    15:50
    Post #: 21066437
    $650m market cap, about 20 x forward NPAT

    Probably a buy at this level, but really don't like buying late Fridays.

    News reports will move the stock further down Monday IMO, along with margin calls, that being said there will be a rally cover at some point.

    Maybe a late Monday buy?
    BAL Price at posting: $6.92 Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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