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$13.23 bellamy's australia limited

you said $6 I said $10 and it finished $8 ...... would still...

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Tigersss

252 Posts.

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27/02/19

22:16

Post #: 37594317
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Originally posted by prosperity: ↑

Don't want to rub salt in your wounds, but this report was a shocker. The only good news is the future is brighter and H2 FY19 will certainly be better.

In simple terms, BAL told the market we could expect $270m revenue at a 18% EBITDA margin or $49m EBITDA or $34m PAT less $8m for the stock write off. So a stat PAT of $26m.

That gives us a valuation of $520m for Mr Market. We are currently ~$730m. Expect big falls. I am closing my short at $7. Thanks for your contributions.

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you said $6 I said $10 and it finished $8 ...... would still rather back 10 will come up before 6 moving forward. All the negativity was priced in as some said..... hence the spectacular turnaround this afternoon.

BAL Price at posting: $8.09 Sentiment: Buy Disclosure: Held
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