BAL bellamy's australia limited

bal target $30, page-100

  1. 35 Posts.
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    This board is very conservative and I don't think they will release anything if they are not 100% certain. I checked last night at several supermarkets that step 3 formula manufacturing date was 09/01/2018. I remember not long ago, the gap was quite big, perhaps 6 to 8 months. That indicated demand had surpassed supply for the last year, which resulted in significantly reduction of inventory level.

    The political risk is one factor that holds this stock back. It is unreasonable for China to ban Australian products at once, for it will deteriorate the trading tension between them and the U.S.

    Moreover, according to a recent IF testing conducted by CFDA, out of those tested brands 4 of them are proved not qualified. The comments from the article shows Australian IF are preferably sought after.

    I hope this board will surprise us again.
 
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