BBP babcock & brown power

bbp's summer earnings.

  1. 2,120 Posts.


    I think BBP will be in for a strong next quarter in earnings given that we are experiencing higher than above temperatures already , and we will be heading into one very long hot summer indeed. An increase in baseload generation electricity will be required all over the country to facilitate needs with airconditioners, pool filters, etc . Recent above average rainfall in Southern Australia will mean more electricity demand for processing such as Mills, pumps, agricultural industry etc. And The mining industry is also very buoyant with more and more projects coming on especially in WA. The Macroeconomic environment is generally overall is looking more positive say to a 1 1/2 years ago.. Lets see what happens with new management restructuring this company which was preciously mismanaged.
 
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