Nicksta forgot to add that BNB I researched in May 08 and the anaylsts had a target price of $24.00 to $28.00
Thats why I started buying the fisrt lump of 36,000 shares then the crunch cane in a matter of weeks they dropped top 70cents
I believe that their loans have some way to go till they become repayable or up for refinancing.
Their main assets infrastructure, ports, energy wind farms, japanese real estate etc (apart from Europe) are sound. Deleveraging is waht is the concern. However even on a fire sale if the assets are stated at $6.07 surely if they are not desperate sellers they can do a deal with Private Equity etc at say $2.50. There is upside ion the assets. Their main customers are government backed or large institutions.
- Forums
- ASX - By Stock
- whats wrong with market depth
BNB
babcock & brown limited
Nicksta forgot to add that BNB I researched in May 08 and the...
-
- There are more pages in this discussion • 35 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BNB (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
I88
INFINI RESOURCES LIMITED
Charles Armstrong, CEO
Charles Armstrong
CEO
SPONSORED BY The Market Online