BAL 0.04% $12.88 bellamy's australia limited

Down 28% and 42% on Tmall/Taobao, page-2

  1. 1,346 Posts.
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    They estimate 5% drop in sales and a fair value of $8.50. We are $7.30. Market priced in worse results. Which is why it bounced today. Sorry you are not going to get the crash you want. Also it assumes no SAMR till 2021 which is frankly just a guess without evidence.
 
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