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  1. #13911
    ShareTrader Legend bull....'s Avatar
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    Greens call for scrutiny of possible 'manipulation' in $1.5bn China milk bid

    Greens Senator Peter Whish-Wilson has urged the government to examine if the Chinese government suppressed the shareprice of infant formula company Bellamy's, ahead of a Chinese corporation's $1.5 billion takeover bid.

    https://www.theage.com.au/business/c...17-p52s72.html
    one step ahead of the herd

  2. #13912
    ShareTrader Legend bull....'s Avatar
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    Meanwhile, analysts from a Hong Kong firm believe the proposed takeover by Mengniu would "speed up" the Australian infant formula company's much-needed regulatory approval.


    The Huatai Financial Holdings analysts painted the deal as a good fit for Mengniu, adding that Bellamy's was superior to another business that Mengniu had sold.
    "Bellamy's has better growth potential than Junlebao as Mengniu will help the brand to accelerate infant milk formula registration and channel expansion in China," they wrote.

    https://www.theage.com.au/business/c...17-p52s72.html

    one step ahead of the herd

  3. #13913
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    Quote Originally Posted by bull.... View Post
    Meanwhile, analysts from a Hong Kong firm believe the proposed takeover by Mengniu would "speed up" the Australian infant formula company's much-needed regulatory approval.


    The Huatai Financial Holdings analysts painted the deal as a good fit for Mengniu, adding that Bellamy's was superior to another business that Mengniu had sold.
    "Bellamy's has better growth potential than Junlebao as Mengniu will help the brand to accelerate infant milk formula registration and channel expansion in China," they wrote.

    https://www.theage.com.au/business/c...17-p52s72.html

    Looks like this deal is no cake-walk given that the greens are involved.. I can draw a parallel with an open cast coal mine investment by a group named Adani from India in Queensland and this dragged for at least four years with protests organized and litigations etc.(Of course Coal is totally different from Milk) and even became an election issue.
    https://www.theguardian.com/environm...mine-australia

  4. #13914
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    Quote Originally Posted by carrom74 View Post
    Looks like this deal is no cake-walk given that the greens are involved.. I can draw a parallel with an open cast coal mine investment by a group named Adani from India in Queensland and this dragged for at least four years with protests organized and litigations etc.(Of course Coal is totally different from Milk) and even became an election issue.
    https://www.theguardian.com/environm...mine-australia
    Not a done deal by any means and there will be no better offer than the huge premium one tabled and that's why all my BAL money is now parked in A2.

  5. #13915
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    Quote Originally Posted by couta1 View Post
    Not a done deal by any means and there will be no better offer than the huge premium one tabled and that's why all my BAL money is now parked in A2.
    Well done Couta!... very wise decision.

  6. #13916
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    Quote Originally Posted by couta1 View Post
    Not a done deal by any means and there will be no better offer than the huge premium one tabled and that's why all my BAL money is now parked in A2.
    Congrats to you to have got out of dog BAL with profit!

  7. #13917
    ShareTrader Legend Beagle's Avatar
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    Looked up Confucius sayings yesterday. Thought there must be something in there along the lines of "Man who dodges bullet very unwise to put himself directly in the firing line again" Didn't see it so best we call this a "Beagle" saying then
    Some good other wise stuff in there nonetheless http://www.quoteambition.com/famous-confucius-quotes/
    Last edited by Beagle; 18-09-2019 at 10:25 AM.
    Ecclesiastes 11:2: “Divide your portion to seven, or even to eight, for you do not know what misfortune may occur on the earth.
    Ben Graham - In the short run the market is a voting machine but in the long run the market is a weighing machine

  8. #13918
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    Quote Originally Posted by Beagle View Post
    Looked up Confucius sayings yesterday. Thought there must be something in there along the lines of "Man who dodges bullet very unwise to put himself directly in the firing line again" Didn't see it so best we call this a "Beagle" saying then
    Some good other wise stuff in there nonetheless http://www.quoteambition.com/famous-confucius-quotes/
    They would not have had bullets and fire weapons during Confucius life time ... he clearly could not predict that event ;
    ----
    "Prediction is very difficult, especially about the future" (Niels Bohr)

  9. #13919
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    Quote Originally Posted by Beagle View Post
    Looked up Confucius sayings yesterday. Thought there must be something in there along the lines of "Man who dodges bullet very unwise to put himself directly in the firing line again" Didn't see it so best we call this a "Beagle" saying then
    Some good other wise stuff in there nonetheless http://www.quoteambition.com/famous-confucius-quotes/
    Nice one Beagle. Thanks for sharing.

  10. #13920
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    Quote Originally Posted by Beagle View Post
    Looked up Confucius sayings yesterday. Thought there must be something in there along the lines of "Man who dodges bullet very unwise to put himself directly in the firing line again" Didn't see it so best we call this a "Beagle" saying then
    Some good other wise stuff in there nonetheless http://www.quoteambition.com/famous-confucius-quotes/
    Go big or go home mate, cash no good in bank and there's only one way the SP is going over the medium to long term for this stock and you can guess which way that is.

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