I'm pleased for longs today you guys have bent them over and hounded them for ages so nice for them to have a win and you guys cop a bit of your own.. Somehow these things seem to even themselves out..
However in saying that unfortunately I find that for the 2nd time in as many days we agree, nothing at all bullish in today's report to suggest $9.70 in the near future... The battle is not over..
The numbers were without doubt poor and today's unusual action reads caution imo..
2nd half projection looks uninteresting, except a team of 12 from memory sent to pound the footpath in China.. Not sure that's a great move but it's more than they have been doing..
Ultimately everything hangs on SAMR certification for substantial organic revenue & profit growth..
What happened to Vietnam not a mention after a strong push in the last presentation?
Plenty cash, no debt which is great, made a profit but still lack luster and the books look beta than yesterday but not by much..
Not down ramping just my thoughts and opinion. GLTA and you too mate
BAL Price at posting:
$8.09 Sentiment: Buy Disclosure: Not Held
