Forecast Earnings for BAL for FY16, page-62

The Bull has it as a sell. I haven't followed enough of their recommendations to know how good their advice is. Thoughts?

"The baby formula company is benefitting from enormous sales to China. Baby formula and vitamins have been dubbed Australia’s new “iron ore” export to China. But like iron ore, we believe demand will moderate to more realistic levels. Reducing holdings is healthy and starts to de-risk any downside."

http://www.thebull.com.au/premium/a/56751-18-share-tips---23-november-2015.html