Around 3 weeks away till HY report. Lets see how Bellamys have been travelling and forecast i think will be more important. How they are going in Vietnam will be interesting and if they are launching in other Asian countries this year. New infant formula should be launched by then. Then the market will dictate share price movement depending where share price will be at the time.Obviously after this week at $7 it looked way oversold. Any positive info on SAMR will be a cherry on top but its time now that we need to be slowly launching in other countries especially with the launch of new baby food and formula which i think has been timed well considering no SAMR has been approved.
BAL Price at posting:
$8.50 Sentiment: Buy Disclosure: Held