bbi vs aio, page-4

Enumerate,

Just a few points..... BBI has fallen much harder than AIO, and has yet to rebound... much much more upside based on that alone IMHO.

Also, BBI has a much better debt profile than AIO IMHO... Also given the two large deals on the table, corporate debt could well and truely reduced.

I personally believe BBI has much more upside than BEPPA, but BEPPA is lower risk.

I also think BBI has a better spread of saleable assets than AIO, and BBI will find it easier to sell assets or part of assets than AIO (as seen in the Powerco sale).

BBI have a very good income stream, and will only benefit longer term from Interest rate cuts that are happening around the globe (a point rarely mentioned).

Also, One needs to understand their "books". Assets are on the books at Cost minus depreciation, which is a very low value compared to "actual" value. Again, the Powerco sale shows this.

BBI is not well understood..... as such, it presents good value to those who bother to do their own research.