BBI
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0.00% $3.98 babcock & brown infrastructure group

pd ports a steal!

  1. jimbol
    45 Posts.
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    07/03/09
    07:43
    Post #: 4877299
    I found this on a UK shipping site...

    "BBI's buy for £337m at the end of 2005 seems a bit of steal today, when one considers the £3bn+ the Goldman Sachs-led consortium paid for ABP, and the $2.7bn REEFF, forked out for New York's Maher Terminals (which at that time handled 1.5m teu and has seen little growth since). Both deals followed the PD Ports acquisition."
    BBI Price at posting: 4.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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