BBI 0.00% $3.98 babcock & brown infrastructure group

predictions

  1. 438 Posts.
    I don't know if david25 is right for the wrong reasons, but it is worth looking at what he said on 29/1/08,

    "We are in very volitile times, and as the interest rates rise the market will exit from anything with a pe ratio over 10 so BBI with a pe ration of 19 is a danger signal.

    This will result in bbi share price falling back to 54 to 70 cent in the short term. They have an earnings per share of 7 cents, so with a pe ratio of 9 their market price would be 63 cents."

 
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