BAL 0.00% $13.23 bellamy's australia limited

AHS no insight into the announcement. Looks like another IPO...

  1. 2,251 Posts.
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    AHS no insight into the announcement. Looks like another IPO priced for growth (660m Market Cap v 80m Equity) which leaves shareholders open to risk.
    However I see 55m of NPAT last year but no real earnings history and 50m increase in inventory. Booking revenues and profits by stacking infant formula in a warehouse is definitely something to watch for, compounds what you are saying about production v sales.
    No position or view on this stock, just an observation best wishes to investors and speculators all.
 
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Currently unlisted public company.

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