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0.00% $13.23 bellamy's australia limited

News: BAL Bellamy's Australia announces election of John Ho as its new chairman, page-14

  1. lordspinalot
    1,109 Posts.
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    19/05/17
    12:39
    Post #: 24793656
    Most of what your saying is unfounded
    Bal at the last update had 1 million in the bank and no debt
    Take and pay contracts stretched to 7 yrs not 5 yrs
    Excessive stock of over 100 millon no update on sales however cohen stated march april sales key to over supply and with change in china cross sales this has increased demand as shown by other if producers bal should be no different

    As i stated this stock is not for the faint hearted but with bad news priced in it will turn strongly if sales increase
    Dyor i have and i hold you however are obviously shorting so good luck
    Last edited by lordspinalot: 19/05/17
    BAL Price at posting: $5.21 Sentiment: Hold Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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