BNB babcock & brown limited

Enumerate said: “The main reason I am not a BBI/BEPPA holder is...

  1. 14,880 Posts.
    lightbulb Created with Sketch. 479
    Enumerate said: “The main reason I am not a BBI/BEPPA holder is because I have no "feeling" for the quality of BBI following the cancellation of BNB management contracts.

    We know BNB managers can do deals. If fact we are really hoping that these managers can do deals when the markets are difficult. If these people have the skills - they are worth the money that we will pay them.

    BNB has stated a new direction as an infrastructure management company. They have skilled staff who did this task for BBI, BBP, etc.

    What are BBI, BBP going to do ... they have to build these teams, from scratch. At this stage the quality of these teams are unknown. This is one of the reasons I do not hold BBI/BEPPA.”

    BBI are not going to be acquiring any businesses for a very long time. They are doing the opposite. They do not need any staff in relation to “doing deals”.
    That is one of the main reasons I hold BBI/BEPPA and why I suggested strongly to the BNB holders to consider switching out of BNB at around 20c and buying BBI at 4c. I hope some of you did it.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

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