Australia's largest stock trading and investment forum Australia's #1 stock forum

BAL

Click for more information

0.04%

$12.88 bellamy's australia limited

I reckon the drop at open was engineered like before. BAL 's SP...

First 112 Last

Share
Profile

Follow
zyw102456

237 Posts.

16

27/02/19

17:16

Post #: 37590749
Share

Originally posted by Pout ↑

I think it was a lucky day more than anything. BAL report was horrible. However, a combination of short covering & already established factors helped.

I certainly don't agree that bellamy product is not moving off the shelves. For me that is fear mongering. I check my locals frequently and there is solid turnover.

Nevertheless, i do agree that the transition of the new products could have been handled better. Further, guidance should be almost gospel without an update. Therefore, a larger down or upgrade for that matter should be supplied before reporting.

I trust things will be better next half..GLTA

Expand

I reckon the drop at open was engineered like before. BAL 's SP did that a lot during report period. it's not about luck. volumn cannot lie.

Last edited by zyw102456: 27/02/19

BAL Price at posting: $8.09 Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

Reply

Top Stories

ACW

This biotech stock raised $11M in a risk-off environment. Its Alzheimer's drug could change the game

History-making uranium sample grades and an imminent drill run. Infini Resources is poised to transform in 2025

WC8

Pan Asia rebranding to 'clear confusion' after bagging $35M for Chile projects

AXP

Tambourah chases gold veins and mineralisation extension with drilling

MIN

MinRes's Ellison knows he screwed up – for that reason, hunt for new Chair to be sped up

There are more pages in this discussion • 28 more messages in this thread...

First 112 Last

Add BAL (ASX) to my watchlist

SPONSORED BY