lost the plot and bought at 2.25, page-64

So I put 2% of my portfolio in BNB.

I don't subscribe to gambling and amidst all that people say, I actually looked at the disclosed report and must say, it looks a lot better than I expected.

I expected infrastructure to be the "in the money" investment so piled heaps into BBI and made enough to throw money into BNB at the price that I did.

I would like people to comment on the disclosed report though?

What are the major negatives that people see?

Here is a company making a profit (yes, they are heavily debt-laden) but it's a profit nonetheless. It has an interest cover above 3x (I thought I read 4.2x instead of the 3.3x indicated by Citigroup) and so there is not much issue of covering interest.

Debt service cover ratios are above events of default by a significant level.

Bah... I will take my chances.

I live by fundamentals and if I have to make a loss in the aim of learning more about fundamentals, bring it on.

I currently hold quite a bit of $ in BNB so my post is obviously positively bias.

DYOR.