BNB babcock & brown limited

one way of looking at it

  1. 13,201 Posts.
    lightbulb Created with Sketch. 2833
    Non cash provisions, we always new they may have been coming...I have siad before that even if their profit halved , which they say may now be 40%, the stock is cheap...

    Operationally ok, except Real Estate assets value taking a hit,,,good news is we are moving to a lower interest rate environment...

    Wind assets are still in demand
    Dominion was purchased at destressed rates which in the future should offset the write downs in real estate

    Same for Angel trains, bought at a discount, people knocking at the door for power assets, debt has been reduced as per resent sales, which were made at a profit to book

    So even at 350M in full year, PE 10 3.5B shares worth close to $10 when the dust settles? What do other traders think...

    Bad news is that I suppose when my system does open back up, the shorters will be having a field day
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.