BAL profit upgrade to come, page-123

So at the moment we can get a good snapshot of daigou/China demand by looking at Chemist Warehouse 'most popular' filter on IF.   As you can see below CW is now the cheapest major retailer on all major China focused items (except for Cincotta going hard on A2, think this is a special price?), so naturally you would think it would be the first stop for serious daigou?

Coles was cheapest on BAL stage 3, until about 2 weeks ago.  Now a market price and matching Woolies. BAL also has a few more retailers, including its own web-store.  

What this shows is that BAL & A2's most popular product, stage 3, sell for about the same price in Australia, post the late 2015 price rise.  



The below is CW website today (1.00pm).  Worth noting that until about 2/3 weeks ago A2 stage 3 and Aptamil 3/4 were not available online.  In that period (say Feb-end May) BAL stage 3 was #1.  

This confirms what we all know, IF is a three horse race, between, Aptamil, A2 & Bellamy's.  It's really only worth looking at stage 3/4 products here, as A2 1 &2 are significantly cheaper than supermarkets compared to Bellamy's and Bellamy's has been promoting through Coles/ Woolies @$25, but both brands have all 3 products in the top 9.  

This analysis is not saying one brand is better than the other, just to show what brands are in demand (in China), and at what price it's being sold locally.   As I've posted before, Bellamy's sells for a higher average price than A2 in China via eCommerce platforms.  

If A2 is doing well, Bellamy's is doing well...Now we just need management to tell us the good news and get that Darnum stock on customers shelves