BAL 0.00% $13.23 bellamy's australia limited

BAL price target $12, page-517

  1. 1,019 Posts.
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    This is just my view.

    If BAL was going to have a bad result, they are obligated to inform the market by now, as per ASX rules. If they are going to report a significant uptick in revenue, they'd have to be reported to the market by now. As we didn't get both, I'm more inclined to believe that it will report better results but not over the moon. If we are all waiting for CFDA (old name) before loading up again, we might have to wait for unforeseeable time. At any situation it is worth $18 as a minimum. If BAL doesn't make it, BUB and WHA will collapse. Without being funny, I'm saying that BUB and WHA's success is tied upto BAL success. I've got some regression analysis on transformed data that backs my view.
 
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