bellamy: Shares in Bellamy fell by more than 40 per cent on the December 2, following news that new Chinese regulations were crimping sales and depressing prices, according to Australian Broadcasting Corporation. Steve Johnson, from investment group Forager Funds, said there was a lesson to be learned for the broader market and companies wishing to export to China, a market renowned for booms and busts. Bellamys Map Melbourne 3000 Investment group Forager Funds says Bellamy is a strong example of the big peaks and troughs new businesses can face in the Chinese market. if typeof inline Audio Data undefined var inline Audio Data new Array ; inline Audio Data.push url content Type audio/mp3, codec MPEG-1 Audio layer 3, bitrate 64, file Size 1700400 ; Audio Steve Johnson, from investment group Forager Funds discusses Bellamy and exporting to China ABC News Five things to know about the baby-formula company going sour The Tasmanian dairy company announced to the ASX that it would remain off the stock exchange until December 21, or until concludes a review into its finances. The huge issue here was just the expectation built into the share price, he said. This company was doing 30 million a year in sales just a few years ago, and it did 250 in the last year. It is still an amazing success story.
(news.financializer.com). As
reported in the news.
Tagged under bellamy, chinese topics.