BAL
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0.00% $13.23 bellamy's australia limited

Price will soar tomorrow, page-6

  1. asb83
    5,933 Posts.
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    18/08/16
    10:24
    Post #: 18546413
    BWX got slammed down 20+% in the last 2 days after its results and is back up 7+% today. It disappointed with FY16 earnings and FY17 forecast and is back trading today at a FY17 P/E of ~26.

    For BAL to be trading at a FY17 P/E of 26 at current price, it'd only need to forecast FY17 NPAT of $48m.
    Last edited by asb83: 18/08/16
    BAL Price at posting: $12.98 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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