abn amro analyst view, page-17

the big question mark is now what will DBCT sell for and if it does in the first place. What will the banks do if it does sell and what price. Will they leave any money with BBI as per their sweep facility to prevent sparcs conversion into BBI shares. There is no doubt BBI is run by Banks now and so is BBP. Beppa is in the same league as BNBG bonds of BNB. What have BNBG holders got yet. Will they ever recieve the $100 note value I doubt that.All I can say BBI is is terminally ill and their debt is crippling. They have only two assets DBCT and NGPL which are performing the rest are under performing. The banks will not do the same what they did with BNB as she has still got some cash flows but the Banks will never think twice when it comes to the choice in which its their gain and share holders loss. All I can say BBI has been dealt a big blow being a satellite of BNB. The management still dont have the sense to get this BNB management right of their back.BNB banks will make sure they get every dollar for thier shares in BBI and a decent sum to terminate the rights. BBI does not have the money to do so. this is a bad situation for BBI overall.