BBI 0.00% $3.98 babcock & brown infrastructure group

europe ports performing poorly, page-23

  1. 14,880 Posts.
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    dreads,
    Trust me, I'm not negative but just posted part of the announcement yesterday to prove I am not biased and looking through rose-coloured glasses.
    kiril is looking for every negative and then some yet he does the opposite for HFA. He just happens to own a truckload of HFA.He doesn't own BBI and looks for negatives. He owns HFA and posts the positives and ignores every possible negative.
    Work that out for yourself.

    Do I think BBI will have problems re-financing? NO.
    Do I think the banks will squeeze BBI for extra interest? YES
    Are asset sales essential? YES

    Think about this if you are a bank owed money by BBI. If BBI are servicing their debt, what benefit is it to the bank to force them into administration because you will not refinance the debt on a specific asset? The bank under that scenario places themselves at high risk.
 
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