I'm sure if anyone has checked BAL p/e, currently is sitting on 109 based on FY15 result, which is incredibly high. Another problem is while demand for BAL formula is huge, there is also supply issue because BAL is relying on companies like Bega and Fonterra to manufacture its product. This is a good problem to have but need to respond to the demand quickly or miss the opportunity.
It's either make or break on the 19th Feb. Wish you all the best.
BAL Price at posting:
$11.14 Sentiment: Buy Disclosure: Held
