BBI 0.00% $3.98 babcock & brown infrastructure group

beware nervous nellies!!

  1. 645 Posts.
    Just a thought on the near term outlook...IF BBI reports reasonable earnings for Q3, and IF they announce a reasonable price for buying out the management rights, and IF they then announce a part sale or partnering arrangement with DBCT, I would expect BBI's sp to be in the high teens to mid 20's...a lot of IF's I know, but those who hold now at sub 15c entry, will be very well rewarded...on the other side of the coin I dont't see it falling below 6c if none of the above happens, because the underlying assetts are still valuable and credit won't be tight forever. It won't be long before Banks will be begging Co's to take money, as they are holding so much at the moment and eventually have to start lending again to profit. So as I see it there is potentially a lot of near term upside to the sp...
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.