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$12.88 bellamy's australia limited

Coming from a bloke who can’t count to 3 id say I’m happy I’m on...

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Thesquirrel

16 Posts.

2

07/01/19

21:00

Post #: 37049619
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Originally posted by Mado: ↑

Why anyone would buy this is beyond me. Look at the facts.1} Chinas birth rate slowing at a historical rate 2} BAl,IF it gets SAMR,will have 1,100 competetors already in China. 4} Organic IF,is less than 5% of the Chinese market.5} Bals numbers going forward are weak,and 2019 will be a shocker,with inventory write down,revenue growth at less than 5%.6} No SAMR approval after 13 months,you would have to ask what is delaying it.7} Technicals,its been in a major down trend for 10 months,with no sign of improving.

And the Bal Cult keep chanting, " Go Bal Go,RAH RAH RAH" and my favorite "SAMR any day now,RAH,RAH,RAH" All this as they continue to count their loses,and wonder where they went wrong.

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Coming from a bloke who can’t count to 3 id say I’m happy I’m on the opposite side to you

BAL Price at posting: $7.38 Sentiment: Hold Disclosure: Held
16 Upvote

1 Great analysis

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