We are not going to fall much even if results are poor in the first half as it is already baked into the share price. Remember though that guidance came in November so 15% lower revenue in first half is pretty much guaranteed. What's more important is second half guidance of which Mr market is expecting 30% growth. As long as we are still on track to achieving the same profit and revenue as last year in this year we will just bounce around the 8.00-9.00 region until we are granted SAMR or we roll into Indonesia and Middle East whose middle class population is booming.
BAL Price at posting:
$8.10 Sentiment: Buy Disclosure: Held