BBI 0.00% $3.98 babcock & brown infrastructure group

the australian article, page-31

  1. 1,491 Posts.
    lightbulb Created with Sketch. 16
    plough, NOD looks very special to me at first glance. These guys put up a 5 year average return on equity of 36%, and their book value is around 80 cents. Trading at 18 cents you could expect more than 150% compound return on them. What an incredible buy at that price!!

    I looked at the website and their product looks fairly mediocre honestly. Do they have any competitive advantages long term, or did they just have a lucky five year stretch due to infrastructure booming?
 
watchlist Created with Sketch. Add BBI (ASX) to my watchlist

Currently unlisted public company.

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