that's right. Actually this estimations still underestimate BAL's growth potential but that is what any forecasts should be anyway (i.e., be conservative).
Just noticed that Bellamy has introduced high-tec anti-fake label to their products sold via ecommerce in China. It will help a great deal with their direct sales to/in China now that authenticity can be verified by the end consumer.
Both A2m and BAL are very popular in China and I maintain my belief that both have the potential to easily increase their sales/profits by 10 folds if only they can keep up with their supplies in the next 3 years.
