BAL 0.04% $12.88 bellamy's australia limited

News leak or simply a bunch of broker upgrades...?, page-64

  1. 639 Posts.
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    From AGM..
    As previously stated, we expect FY19 performance to be impacted by slower category growth and a more competitive trading environment Additionally, there will be a short-term trade-off to sales and profit in 1H19 as we run-down trade inventory to maximise the success of our formula relaunch in 2H19.

    I would suggest it's priced in, as would be the  forecasted 10% growth for 2h19.. However in saying all that as you know anything is possible and nothing is guaranteed.. 
    Last edited by Pecc: 01/02/19
 
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