17c monday, page-9

All the experts globally are telling us that this market crash is a once in a century event - the worst since the Depression.

That means that the majority of us in the market have NEVER EVER expereinced ANYTHING like this EVER before.

But guess what - it is also throwing up what could possibly be once in a lifetime; even once in a 100 years buying opportunities.

And even allowing for an adjustment to valuations, BBI may well be one of those "buys of the century"

There are A LOT of REITs and Infrastructure stocks out there currently trading at 60/70/80% discounts to NTA and guess what...they aren't all going broke.

Only in the fullness of time will we know whether BBI is one of those buys...

...but I'm holding mine.

Coop

PS: Regarding dividend, BBI are more likely to reduce the dividend in order to sensibly reduce debt because the financial world has changed....but not because they can't afford it perse, or because they have poor businesses.

The reality is the exact opposite.