Large parcels being bought, page-9

BAL is now on a 16 PE and it is still a growth story so it is cheap at these prices
Bad news is priced in and shorts will make good money at these levels so buying at these prices will continue
Its interesting a hedge fund is buying as these guys are predators and scavengers and in this case picking up large parcels of a badly wounded company is a no Brainer
With fonterra contract now stretched out to a longer period the pay supply contract is not as expensive
I feel a pe of 20 is appropriate so a price around $5 is true value even with all the noise
Be brave when others are fearful be cautious when others are greedy
In this case be brave
BAL still selling mass product and now all the bad news is priced in
I bought back in at $4.2