BBI 0.00% $3.98 babcock & brown infrastructure group

It¡¦s holding up incredibly well considering. This is a good...

  1. 69 Posts.
    It¡¦s holding up incredibly well considering. This is a good sign of strength. I was going to wait until supposed crash/bottom due in market OCT (ASX200, 3700-4300), but think I may have to buy today.

    Anyone know when next debt is required, on what asset and how much? Also how much headroom does corp. facility have.

    Norway apparently is one of the most cashed up countries around. It¡¦s the third largest oil producer. They have not been building big islands made out sand with their resources revenue, they are planning for when the oil runs out and how they will provide for future generations. Their pension fund is worth 160 billion. Norway¡¦s interest in BBI can only be seen as a blessing. I am confident going in now as I am sure they have carried out their research.

    In my opinion this is now a screaming buy. Will be rough for a few months though. May see it go allot lower, but market will believe yield after next Distribution, target for March 90c.

    Propose we rename back to Prime though ļ..... Im getting keen!
 
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