BBI
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0.00% $3.98 babcock & brown infrastructure group

closed on high bounced off support, page-6

  1. melua
    14,880 Posts.
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    26/06/09
    11:06
    Post #: 5326964
    Eastern Europe is struggling big time. I have never seen Vaci Utca in Budapest so quiet. You can now buy a nice two bedroom apartment on Vaci utca for 18M HUF, down from about 25M when I was here at Christmas. Eastern Europe has not seen the bottom in my opinion and that will affect Western Europe big time. It is not good news for Euroports. I would like to see BBI sell 100% of Euroports even if they just break square or suffer a small loss of circa 10%. It's a weight around their neck.
    BBI Price at posting: 7.0¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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