BAL - Bellamy's Organic

[noodles]

Thought I would start a thread on the recently listed Bellamy's Organic. http://bellamysorganic.com.au/

Key points
-While they do quite a few products, baby formula is 85% of sales
-Most of their sales are in Australia. They are expanding into Asia
-They don't produce their own product. They use third parties.
-Growth has been stellar. See historical and forecast sales/earnings below
-They have recently upgraded PFI by 20%
-piefunds own quite a few (I own a lot less)



PERIOD
Type
Revenue
Revenue Growth
EBIT
EBIT Growth
Interest
NPAT
eps
pe


FY12
Historical
17,200

0

0
400




FY13
Historical
28,800
67.44%
1,100

100
1,400




FY14
Historical
50,900
76.74%
2,900
163.64%
200
1,900




FY15
Broker Forecast
100,560
97.56%
8,360
188.28%
0
6,019
0.062
26.75


FY16
Broker Forecast
131,000
30.27%
11,700
39.95%
0
8,424
0.086
19.12

[babymonster]

I have been watching this one since two weeks ago.. looks like a upward trend.. sp is reasonable too..

[dingoNZ]

Been watching this since the IPO, I will wait for their first results before buying but its looking like I'll be on board soon :)

[noodles]

I have been watching this one since two weeks ago.. looks like a upward trend.. sp is reasonable too..
One way to view the share price value is if the rate of growth is higher than the pe ratio. Clearly in this case, the growth rate is twice as much as the pe ratio. I.e. PEG < .5

[noodles]

Another profit upgrade today. Price up 9%.

Second upgrade in 3 months.

[babymonster]

yes, very disappointed that i didn't get any..

[dingoNZ]

yes, very disappointed that i didn't get any..


Hindsight is great, IPO'ed @ $1.00, still a huge growth market ahead of them, get in now :)

Have picked a few up recently, will keep collecting

[babymonster]

i am waiting its drop a bit... i tried 199 the day before the result announced.. so mad of myself... yesterday i have the chance at 2.05 too.. never mind, i got some czz instead..

[Lewylewylewy]

What do you guys make of the latest announcement here? The text snoot the being increased competition looked a little omknous, crowbar'd in there. Leaves a bit of uncertainty.

[winner69]

Baa-baa wants punters to use this thread for BAL talk

So bringing it to the top of page

[couta1]

Baa-baa wants punters to use this thread for BAL talk

So bringing it to the top of page I've dismounted the horse so have nothing to talk about until further notice.

[pg0220]

I've dismounted the horse so have nothing to talk about until further notice.
Same here. Surprised that SP stays around $11.25 only, which was around my selling price a few weeks ago. I thought SAMR will send the BAL SP even higher.

[couta1]

Same here. Surprised that SP stays around $11.25 only, which was around my selling price a few weeks ago. I thought SAMR will send the BAL SP even higher. Its only an approval for their new products at this point.

[pg0220]

Its only an approval for their new products at this point.
What are their other products than new ones? I thought they got rid of all of their old products and started with the new formula and all the inventory write-off costs came from that in the last results.

[couta1]

What are their other products than new ones? I thought they got rid of all of their old products and started with the new formula and all the inventory write-off costs came from that in the last results. This approval is for the New Bellamys branded formulation, the existing Bellamys Organic series to be produced at Camperdown Powder is yet to gain approval.

[couta1]

This stock is being Bot controlled currently, as soon as it starts getting away it is slowly pulled back to its open price. PS-Im down significantly on my second XXOS holding but still up quite a bit overall since original entry, huge potential once they get the approval for their main formula.

[couta1]

Down 7% for the day, Ouch.

[winner69]

Down 7% for the day, Ouch.

Even Moosie said ouch so it must be ouch

He said the uptrend is being tested very severely today and holders better pray 9.50 holds.

Doubt whether Moosie ever invested / traded BAL so maybe he’s being nice and praying for holders as well.

No doubt you’ll trade the next big bounce mate

[couta1]

Even Moosie said ouch so it must be ouch

He said the uptrend is being tested very severely today and holders better pray 9.50 holds.

Doubt whether Moosie ever invested / traded BAL so maybe he’s being nice and praying for holders as well.

No doubt you’ll trade the next big bounce mate Always a big Ouch when you go big or go home but will wait patiently for that bounce or as will be the case when they get approval for their main formula, that rocket launch.

[winner69]

couts - hope you didn't close out all your trades on Friday

That offer $13 plus is big eh

[couta1]

couts - hope you didn't close out all your trades on Friday

That offer $13 plus is big eh Mate I'm excited and my patience has paid off.

[winner69]

Mate I'm excited and my patience has paid off.

Good stuff

Better than gentailers eh

Pity Moosie not here to rubbish you more ....one big gap to fill now ha ha

And HLG basically at all time highs

[percy]

Mate I'm excited and my patience has paid off.

Well done.

[couta1]

With BAL #5 on the ASX most shorted stock list there is some serious incineration going on right now.

[Joshuatree]

Int that very cannyJan Cameron who founded Kathmandu owns 18%.She needs to agree to sell her holding(she paid $1per share!!) For this to work.
Noticed she is also a holder in SKF in which I have a few.

[percy]

And TFL Tasfoods Ltd which I have a holding.

[Sideshow Bob]

Jan in the poo.....but likely get a slap with a wet bus ticket. Any fine would pale in comparison with the money she made....

https://www.stuff.co.nz/business/world/119529314/kathmandu-founder-jan-cameron-charged-over-stake-in-australian-formula-maker-bellamys (https://www.stuff.co.nz/business/world/119529314/kathmandu-founder-jan-cameron-charged-over-stake-in-australian-formula-maker-bellamys)