The Bellamy's Australia Ltd (ASX: BAL) share price launched from $15.48 to over $16.50 for the first time ever, this morning…
It's been a rapid ride to serious wealth for early investors in Bellamy's Australia.
In fact, in a little over a year, shareholders who bought shares during the July 2014 initial public offering (IPO) at $1 are today sitting on gains over 1,500%!
Bellamy's extraordinary share price rise has set the tone for envious investors who are now licking their lips at the idea of milking China's rising middle-class population for its seemingly insatiable demand for quality infant formula. But it's not just baby formula…
Demand for quality Australian premium milk, dairy, wellness, and health food products is going gangbusters.
The share prices of Blackmores Limited (ASX: BKL), Bellamy's, Capilano Honey Ltd (ASX: CZZ), Australian Dairy Farms Group (ASX: AHF), Freedom Foods Group Ltd (ASX: FNP) and even Bega Cheese Ltd (ASX: BGA) are all rampaging higher.
While their potential is seemingly endless it's vital to consider the risks. Indeed, investors are reminded to be prudent in their investment decisions and buy quality companies at good prices. At the time of the writing, Bellamy's shares had fallen 9% to $14.05.