The reality is the result is not that bad. Give it 2 year and it will be a 5 bagger imo. Don't believe all the bullshit the hedge funds are spreading about the viability of business. bnb owns and controls essential assets that people cannot live without, unlike those hedge funds who are merely ruthless traders. Unless credit crunch causes us to all live in caves tomorrow, using no electricity, no gas, and stops all int'l port trade, the company will continue to travel along. Also it's very easy for a company like bnb to reduce cost...
If people need further comfort should go and listen to AGL's result yesterday. Two yrs ago it was in the same dump with newpapers calling top mgmt changes daily. Now it is one of the best performing utility stocks and outperforming the ASX.
People always seems to get over-excited in the short term...
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BNB
babcock & brown limited
The reality is the result is not that bad. Give it 2 year and it...
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