BBI 0.00% $3.98 babcock & brown infrastructure group

ox holders take note

  1. 483 Posts.
    Invest some mining company profits in this stock. As I said a few weeks ago, this would be a nice safe haven for OX holders et al.Its now paying 13.5c per year divi, with forecast of 5% more each year. That makes it a current yield of 9.33% assuming 14c in 06/07. Also worth reiterating the divies get paid out of cash flow ,and not refinancing. Has stitched up some big deals in the last year or so, refer PD PORTS in England, with good growth prospects.
 
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Currently unlisted public company.

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