This volatility was a good learning for most investors. It showed how defensive is consumer staples sector in hard times. Now I've the data to back that up.
Now even if the stock price was $25, PE ratio at then end of this FY19 would be 46, based on conservative EPS ,which is still very low for a company that makes real money, real earnings and could have simple "Cash" over $95 million by then, even after paying for Camperdown after CFDA arrival.
It is being rumoured that companies will make a bid for BAL after CFDA arrival. Once the sales of products overcome regulatory risk, it is entirely upto the operator to grow EPS as quick as possible.
Don't you think it's fun to see people start a thread in BAL's forum these days without engaging their mind? Some have arrived with no homework. let's see which newbie start another thread tomorrow.
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