billabong buy recommendation

Not sure if this has been posted yet.

Quotes from the 27 June 2012 article:

"With brand value not changing in light of the capital raising, the probability of a bid for the stock increases substantially particularly in light of Gordon Merchant admitting his judgement call on rejecting the offer and is now open to lower bids."

"Talk of Nike potentially being interested along with other private equity players outside of TPG."

"Prices below $1.00 should be well supported as BBG’s 48.5% Nixon brand alone is worth $225 million!"



http://www.totaltrader.com.au/11089/global-prime-billabong-asxbbg-buy-recommendation/