BAL 0.49% $8.18 bellamy's australia limited

I no longer own Bal because the management was incompetent and...

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    I no longer own Bal because the management was incompetent and cost me a lot of profit. Bal had a great opportunity in China and stuffed it up.

    When the Chinese infants die using Chinese IF and fukoshima happened the Chinese stop using IF from China and Japan. That and a lot of Chinese investors investing in Tasmania led to significant growth opportunity for Bal. but bal’s management stuffed it up by flooding the market with product and reducing pricing, when the Chinese want a superior quality product. It was one of the biggest misakke any company have ever done.

    that led me to switch my investment from Bal to A2M. So I cannot be that unhappy. I keep loooking for reasons to trust the management and go back in but Bal was slow to do their SAMR registration and gave A2M a massive head start and has not really done much to strengthen their supply chain. I think poor management is the key reason Bal is struggling
 
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