BNB babcock & brown limited

babcock and brown, page-5

  1. 11,674 Posts.
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    7.5% fall today in 1 hour of trading! Talk about manipulation!

    But BBP, BBW and BBI all went up between 2-5%. So I expect BNB will jump up too when Fanny and Freddy get out of the news.

    Longhair, the banks consider BNB safe so why should we not believe them when it is there money at risk?

    But it looks like all companies that rely heavily on borrowed funds got pounded today. Especially property trusts down 8-15%. Some of them have fallen 400% in 12 mths! I dont believe our property sector is that bad either. I might do some research there for a long term hold.

    Its appears all fundamentals have gone out the window and the law of the jungle is ruling at the moment.

    I think the only sensible thing to do is buy on fundamentals with a long term view.
 
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