BEC becton property group
Add to My Watchlist 0.00% ! 33.0¢

today's fin review, p. 48

  1. ferrymanau
    480 Posts.
    clock Created with Sketch.
    22/01/09
    16:53
    Post #: 4719025
    I'm not sure I follow the logic of JP Morgan's table 'Heavy Load', where market cap is added to debt in order to arrive at an 'Enterprise Value', and then debt is expressed as a % of it.

    JPM apparently is expressing confidence that the better capitalised trusts (which I take to mean market cap) will be able to refinance successfully.

    My recollection of banking is that we looked to our security and management, not market cap, but I could be wrong.

    Could someone kindly put me straight on this?
    BEC Price at posting: $30.00 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Outstanding thick high-grade gold revealed in first Greenewood assays
right-arrow Created with Sketch.
LM1 High-grade targets in focus as drilling begins at Evanston
right-arrow Created with Sketch.
AII Why Almonty Industries is THE tungsten mining stock to watch
right-arrow Created with Sketch.
MEM Memphasys secures transformational A$325K initial order with exclusive Middle East partnership
right-arrow Created with Sketch.
BML Boab Metals secures path to full ownership of Sorby Hills Project
right-arrow Created with Sketch.
NEWS The 4 sectors poised to benefit from Australia's immigration wave
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.