Been following his writtings for the past few months, seems he has a comment on anything thats going around the rumour mills. Since allco and centro are down the drain with no more news on them, BNB becomes the target.
To me, a company who can easily refinance 2.5 billion plus an another lazy billion to their equity/loan position is good. His comment about rising interest rate is so bogus, as we all know only Australia has rising interest rates. The US where most of this money is coming from is lowering it. BNB poor cousin to MQG, I don't think so. More like rising rival to take advantage of infrasture projects coming up.
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