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$12.88 bellamy's australia limited

That is the most sensible balanced post of the day. 50/50 chance...

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20/02/19

19:38

Post #: 37506178
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Originally posted by hillsman: ↑

market consensus is 20mil. it is achievable. take into consideration the Chinese market sales was not much when BAL reported last time. so no growth in that market is factored in to the price. if there is any improvement it will be good as the SP needs to rerate. however if there is a significant slowdown compared to previous update, the SP will get slammed and may go down to $6 levels. this and the loss from the inventory write off are negative and that is what shorters are anticipating.

any good figures on the uptake of new formula and Vietnam sales along with increase in China market sales will be very positive.

at this stage there is a 50/50 chance of going either way. so I am on the sides until the results.

dyor and good luck..

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That is the most sensible balanced post of the day. 50/50 chance of hitting $6. You are on the money!

BAL Price at posting: $8.20 Sentiment: Sell Disclosure: Held
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