BAL - Chart, page-743

It is a business that had average 10% growth on revenue and profit over the pass 2 year combined .... it is a business that is not growing in the first half next year and might grow at 10% in the second half

It is a business that have had a history of creating disasters and is once again well behind on China registration, when there were very clear first mover advantage by fast moving firms like A2M.

Yes it plans on being able to direct sell in China and joins 100s of other brands ..... but it is not Nestle, or A2M which has been able to increase revenue by over 100% in just 1.5 years. So it is just joining a long line of entrants in China

I am really not seeing any value here at this price