BNB babcock & brown limited

The market is factoring asset value near to $0 and we're not...

  1. 1,257 Posts.
    The market is factoring asset value near to $0 and we're not talking about houses, we're talking about power plants, wind farms, trains, etc. They're suppose to be quality assets with book value relativelly correct. I feel absolutelly frustrated about the performance, not only for loosing the money that I'm loosing but for demonstrating my analysis (not gambling) is wrong. I'm holding BBI and BNB believing they're able to release some equity and restore and appropriate value to the sp, but it seems like my destiny is loosing money on analysis, probably will go to Crown and count some cards.
 
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