BNB babcock & brown limited

It may take a battering in the morning. The bailout plan didnt...

  1. 199 Posts.
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    It may take a battering in the morning. The bailout plan didnt resucitate the economy in cardiac arrest, in Buffet's words, as Paulson and co. would like it to be.

    But I believe this sp is still way undervalued in the short-mid term and we should see it recover in the arvo and into the week. Fair value as mentioned many times is around $4-5 IMHO.

    My sentiment: Hold and buy while it's hot. Good buy under 2.00.
 
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