BAL 0.04% $12.88 bellamy's australia limited

News: BAL Bellamy's Australia first-half profit falls on China woes, page-34

  1. 686 Posts.
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    My view is this was foreseeable when management announced sales was down 15% just 1.5 month before the year end.  when A2M was knocking it out of the park in all channels. 

    I did did not expect them to lose 10% more sales in that 1.5 month ... surely management should have known more about what is happening in their business. 

    However i I still think most of the downside is already factored in. However I am not a buyer at these prices because I do not have faith in management to complete with the likes of nestle a2m etc
 
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