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$12.88 bellamy's australia limited

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

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zyw102456

237 Posts.

16

27/02/19

17:16

Post #: 37590749
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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

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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
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