BBI babcock & brown infrastructure group

bbi warns of wipeout threat, page-26

  1. 5,862 Posts.
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    Dis

    BBI is not BNB.....BBI have extremely attractive assets and an improving outlook
    BBI will soon be rebadged Prime Infrastrucure group....there will probably be a cornerstone investor involved in any refinance.
    It makes abundantly good sense not to sell assets in a market until we see a recovery in the world economy. It also makes sense to hold my BBI position for the next 3 months at least.
    I don't share the same mistrust of banks as do many other HC posters.
    A gearing @ 98% today may look quite different in a year.

    It is all about EARNINGS at the end of the day!
 
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