monkey buy: 3.52 nc, page-30

HOLD RECOMMENDATION

Babcock & Brown (BNB)

Our concerns include the potential for further sizeable write-downs. The second is possibly needing to provide bridging loans to satellite funds and the third is potential further delays to asset sales. However, we believe there is substantial value in BNB's development assets. Provided the company can navigate safely through the current storm, there is value to be unlocked, although it may take time for the company to repair its reputation. Our target price is $7.50.

Broker Stock Recommendations 18 August –
Anthony Black - August 18, 2008

when I quote url it blocks it.

I own BBP