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0.04% $12.88 bellamy's australia limited

Prove me wrong. - Firstly the SP has dropped from $9.76 to $8.19...

  1. prosperity
    4,372 Posts.
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    20/02/19
    20:03
    Post #: 37506420
    Prove me wrong.
    - Firstly the SP has dropped from $9.76 to $8.19 in the matter of days.
    - No buying interest despite a strong A2M result
    - Shorters are approaching 11%
    - Management keeping silent on SAMR lack of progress
    - No sign of a positive H1.  In fact sales expected to drop by around 15% and $20m inventory writedown.  Roughly confirmed via A2M market share stats

    Spruik all you like, the shorters are on the money.
    BAL Price at posting: $8.20 Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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