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$13.23 bellamy's australia limited

If u did that to all ARs, amusedobserver, u may not be invested...

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JCoure

34,441 Posts.

892

14/12/16

09:13

Post #: 21319847
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Originally posted by Amused observer ↑

Here is a trick....take the latest Annual Report, print it in black and white, then take it and cut out and throw away all the photos and put back together again and re-read with the critical eye of an independent investor.

It will horrify even the most basic of investors. So to respond to your above comment, they have no plant & equipment to speak of. The Consolidated Accounts shows about $1.1m worth, office furniture and technology basically.

Take their website and test each claim against actual production and you will find most of the website claims as incorrect also.

A brand name? Yup, for sure...but that is it and that is seriously under fire right now for good reason.

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If u did that to all ARs, amusedobserver, u may not be invested in any of them if u applied ur test to such investment propositions?

BAL Price at posting: $6.68 Sentiment: Sell Disclosure: Not Held
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0 Great analysis

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