BBI 0.00% $3.98 babcock & brown infrastructure group

Ann: Anticipated Impairment Charge , page-23

  1. 14,880 Posts.
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    dargie,
    I couldn't believe my luck when the sellers dumped BEPPA below 14c. Madness but a market takes both buyers and sellers so I am thankful to those that sold.
    If BBI have been really savage on the writedowns, then this is extremely positive for BEPPA and also BBI long term.
    I await the full year results in two weeks and we will know more then. In the meantime, I'm happy to buy BEPPA or BBI on any further weakness.
    Hopefully DBCT will sell for a very good price as it appears as though there are at least two serious bidders still very interested. A 12X EBITDA would be fantastic.
 
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