CNCA updated the Registration List of Australian Infant Formula Milk Powder Manufacturer, page-139

  

Bal is in sustainable growth year on year to +500mil by 2021. Our market share in organic IF and food production are maintaining similar growth in China.

We also expanding to Vietnam and ASEAN Countries. ASEAN countries are the fastest growing region in the world and they are also getting richer which organic may be their preferred choice.

Soon or later we will receive our CNCA approval. Motley Fool recommends bal is one of the ‘must hold’ share in 2019 and they believe worth a wait for CNCA and bal is well undervalued...

I trust the management as they have turned around their sales and financial crisis in 2014-2016 and bring back strong revenue since 2017.