BBP babcock & brown power
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i think it's all over, page-40

  1. melua
    14,880 Posts.
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    19/05/09
    12:09
    Post #: 5180480
    Revised EBITDA: $260M-$270M
    Interest Expense: $290M (and that assumes no further haircuts by the banks)
    If your interest costs are not even covered by EBITDA, you are history.
    The asset values will be impaired yet again now that EBITDA has been downgraded yet again.
    I will be selling if the suspension is lifted.
    BBP Price at posting: 10.0¢ Sentiment: Sell Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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