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Bellamy's Stage One Infant Formula $24.00 (down from $28) at Coles and Woolworths

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Bellamy's Stage One Infant Formula $24.00 (down from $28) at Coles and Woolworths
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cannedhams on 12/01/2017 - 14:02 shop.coles.com.au (64 clicks)
Last edited 12/01/2017 - 14:07 by 1 other user

At Woolies as well:-

https://www.woolworths.com.au/Shop/Browse/baby/baby-formula?…

Bet you never thought you would see discounting on Bellamy's formula in your lifetime. I barely used to see it at all on the shelves once the Chinese backpackers had cleaned it all out. Sure its not a huge discount, but just think Chinese tiger moms were paying $50+ for this exact same stuff like three months ago.

Apparently Bellamy's thought that they could cut out the daigou, the Chinese go-betweens who ferry the tins to their customers overseas and who basically made Bellamy's brand in China. This prompted the daigou to dump Bellamy's completely leaving the company with a glut of stock on their hands.

This is what happens when a bunch of Tasmanians think that they are smarter than the Chinese. Now the daigou are pushing A2 milk powder instead.

To quote Kipling:-

"At the end of the fight lies a tombstone white with the name of the dear deceased;
and the epitaph drear: 'A fool lies here, who tried to hustle the East'"

read more here http://www.afr.com/business/bellamys-big-china-mistake-20170…

Toys & Kids Baby Formula

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closed Comments

  • goingDHfast on 12/01/2017 - 14:09
    +5

    I've got an even better deal, Bellamy's for 70% off here:
    https://www.google.com/finance?q=ASX%3ABAL&ei=OfN2WOiMKIOV0A…

    • cannedhams on 12/01/2017 - 14:13
      +2

      I'm thinking the milk powder is probably a safer investment than the shares at the present time. You can eat it in case the apocalypse arrives, its got all the vitamins that you need and everything.

  • ccrap on 12/01/2017 - 14:12
    +7

    This is what happens when a bunch of Tasmanians think that they are smarter than the Chinese.

    Lol my thoughts exactly when I first read about this.

    • jv on 12/01/2017 - 14:16
      -4

      a bunch of Tasmanians think that they are smarter than the Chinese

      many are smarter….

      • ccrap on 12/01/2017 - 14:20

        I have no doubt there would be. But the ones that orchestrated this D2M did so in a very foolish way. Read the articles and see the impact on their share price.

      • cannedhams on 12/01/2017 - 14:21
        +2

        I always thought that your avatar looked Tasmanian.

        • Clear on 12/01/2017 - 15:22

          Really? Where's the other head?

  • keffola on 12/01/2017 - 14:14
    +1

    Luckily for Bellamy, daigous aren't likely to hold a grudge or show any loyalty to A2M either. They'll just go where the profit is and if Bellamy prices start to look attractive and they can get stock, they'll just pick it up again as fast as they dumped them.

    • cannedhams on 12/01/2017 - 14:20

      Bellamy's are going to have to clear out their stock in China first and stabilise prices there, the daigou won't go near them again until they can be assured there wont be discounting in either Australia or China.

      I think that they should probably give up on the etailers and focus on the reputable offline department stores in China. Presuming that the company lasts that long.

      I dont think that it will be the daigou's darling again. At the end of the day its just milk powder, the stupidly high stock price was always going to come down sooner or later.

  • SlipperySlide on 12/01/2017 - 14:16
    +2

    Been $24 on special for months at Coles, Woolies and CWH.

    It used to be $23 and down to $21 on special in 2014. Thanks China you cost me a couple hundred bucks in overpriced formula.

    Really good formula though would recommend to anyone within the first 12months. Then cows milk is all you need.

    • jv on 12/01/2017 - 14:17
      +3

      would recommend to anyone within the first 12months

      breast milk is best…

      Then cows milk is all you need.

      not if you have an allergy to cows milk…

    • Trishool on 12/01/2017 - 15:33

      Our doctor recommended that our child be put onto cows milk after the 14 month mark to avoid any health issues such as issues with the stomach lining etc? I cant remember exactly.

      • TeslaFan on 12/01/2017 - 16:30

        I'd suggest that you do a bit of research into the health effects of dairy and you might consider changing your doctor. When researching, be sure what you're reading is backed up by peer reviewed research, and not some dodgy industry funded research.

  • 17833 on 12/01/2017 - 14:44

    Any way to read the article? (Bypass the paywall). Thanks.

    • nightrider on 12/01/2017 - 14:52
      +2

      I used cache to read the article. Link

      • 17833 on 12/01/2017 - 14:56

        Perfect, thanks.

    • [Deactivated] on 12/01/2017 - 15:02
      +1

      just use incognito mode

      • Trishool on 12/01/2017 - 15:34
        +1

        Incognito mode on Chrome doesnt work for me. Say's I've hit my limit, when I never visit AFR.

        • samehada on 12/01/2017 - 15:50
          +1

          put cache: in front of the link ;)

        • Agarwal on 12/01/2017 - 15:52

          You can just paste the link into google then access it from there, usually works for me.

        • Trishool on 12/01/2017 - 15:52

          @samehada: Nice, that worked, thanks!

  • samehada on 12/01/2017 - 15:52

    Supermarket has quietly raised the limit from 4 tins to 8 tins, these limit is just for a show, they earn big profit from selling these milk powder.

  • MITM on 12/01/2017 - 16:02
    +1

    According to the AFR article: Bellamys milk powder is now cheaper in China than in Australia.

    Soon the Chinese tourists will be bringing it back to Australia for Chinese expats.

    What a strange and fast world we live in.

    • alli0094 on 12/01/2017 - 16:10

      The problem in China is find reputable suppliers who will not give you a fake or more importantly tainted product. Honestly, I would rather pay a bit more in Australia than to risk getting a fake product from China.

  • railspider on 12/01/2017 - 16:23
    +1

    Back when it was $28 a tin, this stuff would cost you 2 Bellamy's shares

    At $24, as of today, it'll cost you just under 6 Bellamy's shares.

    So really, this isn't a deal, but a 300% price rise!

    • cannedhams on 12/01/2017 - 18:10

      Yeah but try paying with Bellamy's shares at the shop counter of Coles or Woolies. Or anywhere. Half their directors didnt even own shares in the company (never a good sign).

  • Bargaingeek on 13/01/2017 - 00:14

    Chinese market turning to American milk which is way Ozzie milk producers area collapsing.

    Serves them right milk shouldn't be so expensive

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