BBI 0.00% $3.98 babcock & brown infrastructure group

dargie - thanks, page-9

  1. 521 Posts.
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    The FACTS are Euroports and
    Powerco BOTH sold above book value in the middle of the biggest
    credit crunch the world has seen since the Great Depression. kiril
    and dargie are always looking for "negative what ifs". They point
    blank refuse to accept BBI are getting book value and this will
    only improve once credit starts flowing and more companies are able
    to borrow.
    The problem for these guys is that they want zero risk.
    Unfortunately for them, by the time there is zero or little risk in
    BBI, the share price will be ten times the low and they will have
    missed the boat by missing out on 1000% gain from 3c which is where
    they started bagging the stock telling us all BBI were broke.
    Someone should point out they are ignoring the FACTS about asset
    values and they need to admit they were WRONG saying it was not a
    buy at 3c.
 
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