BBP 0.00% 9.5¢ babcock & brown power

(bbp) may be sold as a soon as january, page-11

  1. 1,013 Posts.
    Thanks for the figures relaxan....

    My estimates give me $2.8B for the power generation assets plus an additional $1.15B for the Alinta retail business after $400M right down.

    Thats assets of $3.95B against a debt of $2.9B which is about $1.40 per share.

    As these are hard assetts, the replacement cost is not that fexible even if there is a market downturn but Possible to discount by 10-15%........

    Either way sub 10c dosn't make sense no matter how you evaluate the portfolio.....
 
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