You are looking at the past Mado, the future is more important as Morgan Stanley just reminded you.
1. Product Relaunch with Pre-biotics, DHA, premium product with premium prices; 2. China US trade deal (almost a certainty); 3. SAMR sooner or later this will happen; 4. Strong demand so much so there is almost no stock left anywhere; 5. Organic milk market is growing; 6. Abolition of 2 child policy.
Lastly opportunity cost. By shorting BAL you lost the opportunity to short other stocks. BAL is 8.50 which is what it was almost 6 months ago. Shorters started shorting at $10 we went from 2% short to 9.6% short which dropped the price 15%. My recommendation close your positions, the half yearly report will be poor but the future guidance will be superb.
BAL Price at posting:
$8.50 Sentiment: Buy Disclosure: Held
