BBI - Babcock & Brown Infrastructure

[prawn_86]

Worst case scenario.... I'll break even.

To me it sounds like worst case scenario you will lose the lot including your house.

I have no interest in BBI and have never looked at them before, but good luck...

 

[Elvis3577]

Okay, sorry for the confusion

I've bought just over a M shares in totall. In fact 170K Beppa and the rest in BBI.
Also, I've ( only )used about half the equity to finance this.
By putting it in a drawer doesn't mean I'm not following the market/ read the news etc. , and listen to everything that you guys have to share...
I just meant that I'm in it for the long haul ....
My reasoning ( provided the comp. survives of course ! ) was that 170K times a $1.20 still gives me about $200K, which repays me my outlay 4 now + the loss from a decade ago....
I certainly would have preferred to buy Beppas in bulk, but there's hardly any trading in them @ the mo... So I chose to go this way instead for now. And purchase some more Beppas when I can. At least I'm on the train right now , and it's not leaving me behind. Time can prove me right or wrong, but everything is always easy in hindsight !!
Again , I'm aware of the risks involved. But like I've said b4, and many others have said one way or the other : Nothing ventured nothing gained. If one doesn't want to take the risk, buy blue chips and be satisfied with a 10% pa or don't invest in shares at all !! Simple....

 

[investorpaul]

Okay, sorry for the confusion

I've bought just over a M shares in totall. In fact 170K Beppa and the rest in BBI.
Also, I've ( only )used about half the equity to finance this.
By putting it in a drawer doesn't mean I'm not following the market/ read the news etc. , and listen to everything that you guys have to share...
I just meant that I'm in it for the long haul ....
My reasoning ( provided the comp. survives of course ! ) was that 170K times a $1.20 still gives me about $200K, which repays me my outlay 4 now + the loss from a decade ago....
I certainly would have preferred to buy Beppas in bulk, but there's hardly any trading in them @ the mo... So I chose to go this way instead for now. And purchase some more Beppas when I can. At least I'm on the train right now , and it's not leaving me behind. Time can prove me right or wrong, but everything is always easy in hindsight !!
Again , I'm aware of the risks involved. But like I've said b4, and many others have said one way or the other : Nothing ventured nothing gained. If one doesn't want to take the risk, buy blue chips and be satisfied with a 10% pa or don't invest in shares at all !! Simple....

Obviously I share your enthusiasm for BBI and BEPPA given i am also a shareholder.

That certainly is a bold move you have made to refinance your home, etc. Just dont get in the trap of chasing your losses.

On another note volume is pretty low today especially for BEPPA, definitely a sign to me that there are long a number of longer term holders who are unwilling to sell for a quick buck.

BBI has a ton of buyers between 10 and 11.5c

 

[investorpaul]

Wow BEPPA shot up to 15.5 and BBI up to 13.5. I thought it was going to take a break/pull back a bit today ..... guess i was wrong

 

[investorpaul]

Somethings going on here, way too much buying for just an average day or sustained up trend.

Surely a speeding ticket is on the way

 

[Mitsimonsta]

BEPPA

Total profit/loss: + $3,134 / + 121.3%

TODAY: + $0.052 / + $1,607

Wow.

BB's a millionaire!

 

[awg]

BEPPA

Total profit/loss: + $3,134 / + 121.3%

TODAY: + $0.052 / + $1,607

Wow.

BB's a millionaire!

he probably was before he started

Elvis will be singing as well

hopefully some trades go through in the close auction and take it back up to near 18c

what a nice friday

 

[Mitsimonsta]

I had +$853 on the portfolio yesterday, and am still at +$1000 today. Been a nice way to end the week.

 

[investorpaul]

BEPPA

Total profit/loss: + $3,134 / + 121.3%

TODAY: + $0.052 / + $1,607

Wow.

BB's a millionaire!

The office loves me.

A mate got wind that I bought BBI a few weeks back and spread the news to another colleague who threw a bit on it.

I tried to talk them out of it and said do your own research etc, but they wouldnt listen and said that they would take it as if they were at the casino or the races.

Again i explained the potential to lose all their money but they said they didnt care and went ahead. So far it has panned out alright and they were running around the office before. I had to calm them down and say it will prob pull back a little bit and that they need to look at the long term pic not just the gains made or lost today and tomorrow.

Never the less they are excited.

 

[nathanblack]

nice gains today on both bbi/beppa, new support has been found now above 10c. not sure where the next resistance is, too hard with this heavily discounted stock to use T/A.

keep in mind though that the larger part of todays gains were achieved in the closing auction and at low volumes. the average price for the day is closer to 15/17cents bbi/beppa.

still a positive move. and still no news. just gaining market popularity maybe because they keep dealing with each issue as it arises. less daytraders as more of us buy and hold or perhaps a pending announcement

 

[Tysonboss1]

What a massive day. I put in a bid for some beppa for 13.oc thinking it had a good chance of going though at some stage this afternoon, I was thinking the usual friday weakness might push it though, the share price just rocketed away.

I will have to reassess on monday, Hopefully some profit takers will give me a chance to buy some more.

Any thoughts on what has caused this strength, Maybe the results of the USA bank stress tests, Maybe confidence in the banking sector will give people confidence in BBI's refinancing.

Or maybe leaks about the DBCT sale, I could just imagine the lunch time conversations between macqurie staff.

 

[banska bystrica]

Tyson,
I believe the last option is close to the mark. They leak like a sieve. Notorious for it.

Also, I don't know who said it but the theory about BEPPA being weaker in the afternoon got blown out of the water this week. Really guys, trying to short term trade and predict short term price movements is fair dinkum guess work. I prefer to do the research, buy low and hold. That 800,000 BBI parcel I bought at 2.5c in November is looking ok for the moment. Long way to go. Asset sales are still the key to unlocking the inherent value in BBI and therefore BEPPA.

 

[Largesse]

Tyson,
I believe the last option is close to the mark. They leak like a sieve. Notorious for it.

Also, I don't know who said it but the theory about BEPPA being weaker in the afternoon got blown out of the water this week. Really guys, trying to short term trade and predict short term price movements is fair dinkum guess work. I prefer to do the research, buy low and hold. That 800,000 BBI parcel I bought at 2.5c in November is looking ok for the moment. Long way to go. Asset sales are still the key to unlocking the inherent value in BBI and therefore BEPPA.

Banksa, i think i'm starting to hear what you have been hearing from your 'insto' mate recently.
I got moderated out on HC but yeh... lets just say the whispers are getting louder...


If this isnt TOO private, but how many of these are you holding now, BBI/BEPPA combined?

 

[Viva_Las_Vegas]

I had +$853 on the portfolio yesterday, and am still at +$1000 today. Been a nice way to end the week.

Mitsi,

Me too, entire portfolio up appro $8k.

Big for me.

I must thank you again for encouraging me to hold HFA, it has done well thus far! So THANKS!!!!

I hope we see BBI rise along with BEPPA.

Obviously Fridays meeting is not scaring anyone away! Or is it those whispers people are referring to?

 

[fuzzie]

From my perspective BBI/BEPPA is at the moment just being swept along with the tide. I think a lot of sidelined money is going back in. Many other unloved infrastructure and high debt companies of the last year are going up at the same time, it's not just BBI, check out BBP, MMG etc. Even INF is well up when it didn't hit the lows of the rest of the BB stable.

The potential is still there for this to be a bear market rally. If it were truly a value driven revaluation of BBI company prospects BEPPA should be way up. As someone said earlier. If BBI > 0, BEPPA value is 100+. A proper discount of beppa back to market rates should see it trading 50+ at least.

 

[hardyakka]

Banksa, i think i'm starting to hear what you have been hearing from your 'insto' mate recently.

I am 100% BEPPA and am pleased at the movement today, but there is bound to be a small pullback on Monday. Also I have heard similar commentary.

Cheers

 

[ricee007]

I am 100% BEPPA and am pleased at the movement today, but there is bound to be a small pullback on Monday. Also I have heard similar commentary.

The weekend break kinda came at the right time. Gives time for more positive rumours to spread. Maybe time for people to reasses their positions and decide to take on some more risk

BEPPA doesn't seem to have many sellers, and, surprisingly, so far not many profit-takers.

If the market is up Monday (it does have momentum...), then I can't see BEPPA falling. If the market is flat Monday, I would be quite surprised if BEPPA ended below 17c (hell, I'd be surprised if it didn't challege $0.2).

Sure, if the world dies over the weekend, sure, it may head to 15c or so... but.

 

[Largesse]

with a strong dow tonight we will see BEPPA $0.20 punched through on opening spike easily. will most likely pull back reasonably sharply, probably to around 0.17, then hopefully have another crack at a leg up.

Thats what i'm predicting anyway, not that im going to trade it.

 

[hardyakka]

There is one thing that I think we will all be agreed upon.

I would like to thank BB for drawing our attention to this stock and also for providing research commentary of a superb quality.

I have been directly involved in infrastructure and property for decades and through my own research have not been able to fault his commentary, if you knew me you would appreciate that that is a heck of a compliment.

I also read the posts on that other forum that I do not exist on.

Very simply a superb job BB and a heartfelt thanks.

Cheers and at the survivors party there is a bottle of 2004 Grange waiting for you from me.

 

[hardyakka]

with a strong dow tonight we will see BEPPA $0.20 punched through on opening spike easily. will most likely pull back reasonably sharply, probably to around 0.17, then hopefully have another crack at a leg up.

Thats what i'm predicting anyway, not that im going to trade it.

Do we really care what the price will on a daily basis? I think not as it is the end result that we are interested in, but lets be honest it is great fun to speculate

Cheers