Originally posted by buysurge
BAL half yearly numbers due out any day now....! The share price has a soft earnings and forecast all ready priced in IMO.
But the company and the space is still a mid to long term screaming BUY and this the shortest and market will allow the SP to re-rate especially once we have some transparency surrounding the half yearly results.
It's a BUY every day of the week at the current SP.
Totally agree, but the above sentiment is IMO all dependant on SAMR approval, and I have been hearing for well over a yr now 'Its coming'. I was fully expecting it to be early in the New Year but its already been pushed out by some to end of the financial year. I think investors are nervous and some like me are starting to think, well what if the unimaginable happens and we don't get approval, what then? I fear a very savaged SP.
