BBI - Babcock & Brown Infrastructure

[Mitsimonsta]

Viva - I can't give you advice, but that is an observation only. Do what you will with the info.

Paul - NOOOOOOO!!! I want it to crash and burn!! I need to buy another parcel, and I want it at 4c

 

[Viva_Las_Vegas]

SHOOOOSH man LOL who care bout the momentum. I want in and I want in CHEAP for max volume. Call me a hoarder...I don't care lol

 

[investorpaul]

Viva - I can't give you advice, but that is an observation only. Do what you will with the info.

Paul - NOOOOOOO!!! I want it to crash and burn!! I need to buy another parcel, and I want it at 4c

If i had spare cash i would be with you, but im all out of cash and now all I want to see is the price rise

 

[Mitsimonsta]

I am all out of cash (for now) too, but I'd really love to see it crash back to 4c after Easter.

Do we have an answer yet on our "Big Kev's my best mate $900 free money" offer?

EDIT: Phew, it's back to 7.8c now

 

[investorpaul]

I am all out of cash (for now) too, but I'd really love to see it crash back to 4c after Easter.

Do we have an answer yet on our "Big Kev's my best mate $900 free money" offer?

Thats what im waiting for as well, i was working out the other day how many BEPPA i could buy with Rudds handout.

 

[Viva_Las_Vegas]

That's what I am wondering. Should I take profits where I can now as there has to be a correction soon.

But then an email I got is talking of a new bull market. Go figure. I can't make sense of what to do.

 

[Mitsimonsta]

Bloomberg is reporting that Mark-to-market accounting rules have been eased in the US. I now believe that it is virtually impossible to get back to the low that we hit previously, although we might yet give it a good try.

Article: http://www.bloomberg.com/apps/news?pid=20601110&sid=aJ92Wm1EOlCs

 

[investorpaul]

That's what I am wondering. Should I take profits where I can now as there has to be a correction soon.

But then an email I got is talking of a new bull market. Go figure. I can't make sense of what to do.

Viva I think you need to ask the question - do you believe BBI and BEPPA will survive?

If you do believe it will survive you have to work out what price you think it will reach and in what time frame? some figures that have been thrown around on the form are 20c, 50c, $1 (obviously no one knows the outcome, that is for you to decide)

Then if you agree they will survive and agree on a price target, you have to ask why are you selling for small profit if YOU believe a higher price is achievable?

You could sell now and then be forced to buy in higher (of course no one knows the answer to this either)

 

[Viva_Las_Vegas]

Paul,
Sorry you misunderstood me.
I have confidence in BBI, and I hold both BEPPA and BBI, not selling those for a quick profit.

I am considering selling other stocks to free up cash in order to buy more beppa/bbi. My questions being bear or bull market, I understand these are all personal opinions but I appreciate them nonetheless.

cheers

 

[investorpaul]

Paul,
Sorry you misunderstood me.
I have confidence in BBI, and I hold both BEPPA and BBI, not selling those for a quick profit.

I am considering selling other stocks to free up cash in order to buy more beppa/bbi. My questions being bear or bull market, I understand these are all personal opinions but I appreciate them nonetheless.

cheers

Sorry Vegas, I get what you mean now. I wish i was in your position to sell other stocks. Its interesting times the market has rallied quiet a bit off its lows, i think it happened a bit too quick to be sustained but i guess only time will tell

 

[Viva_Las_Vegas]

I just got an email from a mate who subscribes to some newletter etc which he pays for. It talks about "the bottom" and how we are yet to reach it. It has rattled my cage ...a little.
I cannot post it here, but can email to anyone who wants a read.
PM me your email add's and I will forward to those interested.

Cheers

 

[banska bystrica]

Viva,
You are wasting time and energy worrying about things you cannot control.
Spend the time doing research on stocks rather than worrying about who is saying what. Whether we have reached the bottom is irrelevant as you have stated you are a long term investor. You seem to be always jumping at shadows. Chill out and let give your stocks a chance to perform. People who continually question things they have no control over and sell out when the slightest setbacks appear will never make a lot of money in the market. There are thousands of market traders who try and pinch a cent here and there. That's fine but very very few of those types of traders ever make enough money to change their life.

 

[Mitsimonsta]

I will agree with BB. I told you to hold HFA and it went up....

Give things a chance to happen. If you sell out when something heads down for a while, you will crystallise a paper loss into a real financial loss.

Almost every stock out there is at historical lows. Give it time and everything will come back up. Could be two years, but you must be patient.

If you want to daytrade, then get 20K aside and put it all on a sure winner for the day and sell out before market close.

 

[hardyakka]

If you want to daytrade, then get 20K aside and put it all on a sure winner for the day and sell out before market close.

Mitsimonsta,

I have already started mortgaging the house, selling the wife and kids etc to raise the cash for the "sure winner". Problem is wife and kids a liability...any takers??

Now all I need is the "sure winner" ASX code and a visit to those friendly underwriters at AIG so I can take out a policy negating downside risk (isnt that what they did for CDS products). ;-)

Cheers

 

[Viva_Las_Vegas]

Hi Guys,

I'm not jumping at shadows BB just trying to get a feel for things to come. It's not jumping if I have a strategy of buying BEPPA at lowest SP possible, that's why I was asking for opinions as to whether or not we will have a correction.

Anyway I've been "over the road" and managed to get myself sin binned after 1 day membership for writing f**& (exactly like that) sheesh.

"Over there" the question has arisen re the sale of DBCT and who will be representing the buyers side? There is some concern that Macq group will also represent the buyer hence effecting final price. Any thoughts or relevant info?

All info accepted...just NOOOO shadows lol

 

[Tysonboss1]

Hi Guys,

I'm not jumping at shadows BB just trying to get a feel for things to come. It's not jumping if I have a strategy of buying BEPPA at lowest SP possible, that's why I was asking for opinions as to whether or not we will have a correction.

Anyway I've been "over the road" and managed to get myself sin binned after 1 day membership for writing f**& (exactly like that) sheesh.

"Over there" the question has arisen re the sale of DBCT and who will be representing the buyers side? There is some concern that Macq group will also represent the buyer hence effecting final price. Any thoughts or relevant info?

All info accepted...just NOOOO shadows lol

Maybe try dollar cost averaging method of buying shares, It is a good way of building a position if you are unsure in a stock may drop back a bit, but you also don't want to miss a run up completely.

Dollar cost averaging is the practice of investing a fixed dollar amount at regular intervals (such as monthly) in a particular investment or portfolio, regardless of its share price. In this way, more shares are purchased when prices are low and fewer shares are bought when prices are high

you could make a pact with yourself that you will invest say $500 a f/night for three months,

 

[Viva_Las_Vegas]

Thanks T, I am aware of averaging and have used it on occasion.

Not much debate re BBI BEEPA happening anymore? Anyone have any goss on the DBCT sale process? Any idea how long this "due diligence process" goes on for (on average)?

 

[Mitsimonsta]

Due Dilligence means to research and give that research the amount of time that it deserves.

It's a multi-billion dollar asset, therefore I don't expect it to happen overnight. I would expect that MQG would go into serious talks with interested parties around the first week of May, and an announcement would be made regarding a sale winner around the end of May, in time for the sale to complete before EOFY.

 

[banska bystrica]

DBCT tenders are open until June 30. Decision in July/August I would imagine.
The leaks would come out pretty quickly though once Macquarie had a fair idea on what the price will be.
AIO's ports are not as A Grade as DBCT and I see they are expecting 13X EBITDA.
The same multiple for DBCT would result in a price of $2.9Bn which would just about clear all corporate debt. Under that scenario, BBI are out of danger and BEPPA are certainly worth $1 in 2012 (either cash, BBI shares or a combination of both). Either way, $1 is $1 and 1200% on today's price.

Don't be surprised to see a sale of PD Ports before DBCT.

 

[Mitsimonsta]

Price just went mental on BEPPA, up to 8.5c now on the last trade. No similar movement on BBI however.

I am up $260 across my portfolio now, an excellent day. Wish I had the cash to keep buying, will have to wait for the correction now.

AIO's ports are not as A Grade as DBCT and I see they are expecting 13X EBITDA.

What could you see being achieved BB? 15x? More?