BNB babcock & brown limited

Earnings are growing at 15%-20% per year and early guidance has...

  1. 297 Posts.
    Earnings are growing at 15%-20% per year and early guidance has reinforced this expectation despite the current credit climate.

    Sounds more like a Growth stock to me. At $9-$10 we would have a pe of 5. I don't think it is going to get that cheap.

    People love to put MQG and BNB in the same boat, when in truth they are nothing like each other. Apart from both being highly leveraged, they are different companies with different investments. MQG is a bank BNB is nothing like a bank and therefore should not being suffering like a bank.

    Just my opinion.
 
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