BBI 0.00% $3.98 babcock & brown infrastructure group

my bbi valuation / dbct sale flows, page-211

  1. 80 Posts.
    Well QIC has 4% which totals a massive $12m. They have $65bn under management. For all we know it's sitting in some index fund.

    I work in the industry, and quality managers don't take punts because it's bad for business. They take measured risks. But you know better apparently.

    BBI isn't a measured risk. It is speculative punt in the purest sense, but you are too sure of yourself to admit that. You've had a good run, but you've convinced yourself this is a done deal. Did you buy AFG, BNB, BBP, or CNP?

    Valuation is poor. Debt issues abound. It has a babcock name. It's not a sound investment.

    You can't trust those holdings lists, you can only trust substantial holding filings. I haven't seen any of those from any instos. They are the only correct way to gauge interest.

    It's been good to meet you guys, but I think I'm going to pull out of posting on HC...I'm getting tired of having to being argued with about stuff that I have no reason to lie about.

    I originally came here to get a bearish balance to my bullish BBI view, but all the blind "she'll be right" investment philosophy really makes me uneasy and makes me feel like I'm going to lose all my BBI investment.

    Goodbye!
 
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