BBP 0.00% 9.5¢ babcock & brown power

big profits and huge debt

  1. 808 Posts.
    330m~340m profit, Hmmm... not bad eventhough 10m short as expected. What about its debt? From its last GM presentation, it seems like it has a lot to pay from 2009 on wards.

    BBP Debt to pay

    Its debt worries me a lot. How do we balance its debt and equity or earnings, any thoughs? I am still watching only, was very tempted to buy at 5c. Can any one guide me on this one please?
 
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