BNB babcock & brown limited

buy recommendation

  1. 251 Posts.
    given that Dull posted a single 'sell' recommendation, like others I will point out that there are many other broker rcommendations.

    For instance, Huntley's had BNB posted as a "Table Thumping Buy" when at $7. Huntley's are very well respected. They have it listed as Hold now for obvious reasons (market fear and irrationality). If the fundies pick up, which they could well do after the bail out actually starts occuring we could see BNB a "Table Thumping Buy" at $7+ again if their gearing gets rationally reduced (which is happening) and they get credit (which will probably free up like crazy by next year once the avalanche effects of all the 'unfreezing' of credit and dropping of Central Bank interest rates kicks in. In fact, on NBC today they were saying that it looks like the leaders of the G8 are having an emergency meeting to do a coordinated rate cut - unheard of.
 
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