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clock Created with Sketch. 11/09/18
20:32
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Originally posted by warhorse
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I am currently traveling in Asia for work and have deliberately stopped into retail outlets across the region the last 2 weeks to gauge the market penetration of Bellamy's. In aggregate I have probably seen first hand around 30 plus retail stores. While I have certainly found Bellamy's represented on shelf space, what has really surprised me is the myriad of other brands represented (both Australian and from other countries). This crowdedness is not something I have witnessed in my previous channel checks, having traveled to Asia regularly for work for many years now.
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Clickbait. I would suggest that without any overseas growth the share price is fair at 8.50+ China is not a big enough market for BAL and the current price of around 9-10 pucks reflects that.
