BXB 0.37% $18.86 brambles limited

do i smell a takeover , page-20

  1. 434 Posts.
    mac bank might have read this a few posts back.

    "i work in the transport industry & know these 2 companies well,imo it would be a step backward for brambles,who i think is a VERY UNDERVALUED company going on its earnings,ebit,pretax,net margins,it craps all over toll in every category".

    $7.30 to $9.50 seems about right for brambles but with these investment banks beware the analysis they do on transport related assets,they reel of figures from behind a desk about an industry they know very little about.

    eg:mac bank where the underbidders on ascianos pumped to the max $7.0b assets(ONLY EVER WORTH APPROX $3.9B,my figures) in 2007 on revenue of the same today $2.8b with only a 4.0% drop in revenue.so beware the mac,ubs & co. types

    however brambles is a most undervalued company going on its revenue & NPAT.great earnings & imo a very good 5-10 year hold.









 
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