The shareprice continues to get beaten down, maybe exclusively by shorters, or institutions and others concerned by the fallout from erroneous commentary or from the failures of competitors.
Either way, if there was to be a material change to BAL's results they would be compelled to announce that to the market.
Given they haven't done so, one can only assume everything is OK and they are on track to meet their forecasts.
The "noise and distractions" provide those with faith in BAL to buy now at a cheaper price.
One can only hope that BAL management do not come out with a profit downgrade after the shareprice has already been hammered.
I hold and will continue to do so as I have faith in management and the brand................for now.
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- There has been no statement from BAL
The shareprice continues to get beaten down, maybe exclusively...
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