I have to say, that is probably the most accurate prediction I have read.
Tomorrow should be a good day for BNB. The market was wanting a shake up of management as Green had lost all credibility within the market, and the share price was punished for it. Hopefully, they will report that the wind farm asset recycling programme has advanced with limited foreseeable expected write downs or impairments on assets valuations.
It would be interesting to see what the write downs on their real estate valuations in the EU and U.S will produce. This is, I suspect where the market is a bit nervous, as BNB seem to have bought on a high, a wind down in their BNB-GPT joint venture may need to be initiated to reduce gearing.
All in all tomorrow should be the end of the sell-off, so long as there is a management shake-up (i.e. management confidence restored to the marketplace), and the liquidity issue is put to rest for the near term due to the wind farm asset sale advancement.
- Forums
- ASX - By Stock
- share price predictions thursday 21 aug
BNB
babcock & brown limited
I have to say, that is probably the most accurate prediction I...
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)