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0.00% $3.98 babcock & brown infrastructure group

pd ports valuation, page-11

  1. melua
    14,880 Posts.
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    11/05/09
    16:08
    Post #: 5120976
    Never. Hot Copper doesn't influence BBI trading. Instos do. I'm set for what I want anyway. Just arbing out of BBI into BEPPA whenever I can. This Corus announcement is negative. Have no doubts about that. I'm just calling it as I see it.
    I am sure potential buyers of PD Ports would want clarification on this latest development. If it's confirmed that Corus are pulling out, the potential buyers will no doubt lower their offer price and BBI will be writing off a portion of PD Ports in the books as at June 30.

    I still rate BBI a BUY as DBCT will overpower any negative impact from Euroports and PD Ports.
    BBI Price at posting: 17.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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