BBG 0.00% $1.05 billabong international limited

more fa please, less hype, page-11

  1. 5,013 Posts.
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    i use the name uts_Student but i've been working in the wider retail sector for the last 10+ years now. I have also worked in Apparell. Billabong is just in the wrong place at the wrong time.....once things turn ......they will do very very well out of this new business model.....i reckon they will be back to the $10 in a few years time easily when the global economy picks up.....that is if they havent' been taken over before then....

    the risk however is that if they need cash and can't sell an asset they may do a rights issue....apart from that there is no risk to the company itself...but commensurate to this risk is the massive prize on offer when things turn....whenever they turn..... :-)
 
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