BAL 0.00% $13.23 bellamy's australia limited

More to come..., page-105

  1. 85 Posts.
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    1. You may well be right; in regards this is not going to be a sensible hold.

    2. However I disagree with the your other premise. "All the bad news" refers to the stock as an ASX listing, its performance, margins and projections. Agreed, these failures has left them with a large overhang of stock. Most likely this is related to the take or pay contracts from their suppliers. There appears to be no issue with the actual product, from a health of regulatory point of view. Furthermore projected sales of product, while certainly not exponentially increasing, are looking reasonably robust. If you are suggesting that Chinese housewives are likely to be reading the finance pages of the Australian press when buying baby formula, I believe that would be quite a long bow to draw. Who knows, maybe the Chinese retail shoppers actually do "there" (sic) research on the ASX listings and their daily movements and PE ratios. I'll leave this up to the dear reader to decide.
 
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