BBN 2.00% $1.79 baby bunting group limited

Gradual profit taking, page-48

  1. 2,392 Posts.
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    Whenever I visit Baby Bunting the store is never that full and they have alot of expensive stock which I can't see moving in a hurry. I think the company has good growth prospects, but you just have to look at the pre IPO balance sheet to see that they weren't in such a great financial position regardless of the year on year growth in sales and turnover.
    I think BBN has been incorrectly placed in the same category as Bellamy's and A2M as BBN stands to gain nothing from the Chinese formula boom. If their growth strategy works they can easily double in price, but the risk is there if they dont meet prospectus or targets then they can get hammered big time..
 
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