BNB babcock & brown limited

bnb as an influence

  1. otakou
    1,464 Posts.
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    06/02/09
    20:40
    Post #: 4770759
    BNB falls over, good for BBI
    BNB stays afloat feeding banks
    neutral for BBI
    Coal transfers out of Dalrymple/Gladstone
    No coal no long term future - but short term no effect on BBI

    Teeside- lower freight revenues no effct on BBI

    New Jersey- New York cable drop off in use???
    Unlikey but no effect on BBI

    So wheres the downside?

    $400 million of corporate debt
    sell 50% of Dalrymple
    no debt no worries a perfect utility
    BNB Price at posting: 32.5¢ Sentiment: ST Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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