BBI - Babcock & Brown Infrastructure

[banska bystrica]

Yeah sure. ASF and other forums really influence stock prices...NOT.
You must also think when the bell starts ringing it's Mr Whippy.
I couldn't give a rats sars whether BBI goes up or down short term.

 

[Largesse]

Yeah sure. ASF and other forums really influence stock prices...NOT.
You must also think when the bell starts ringing it's Mr Whippy.
I couldn't give a rats sars whether BBI goes up or down short term.

LOL! You couldn't give a rats sars if BBI/BEPPA dropped 25% tomorrow and then again on Thursday?
Sure.....

But by all means, please, keep it up with all your unsubstantiated hearsay. Just oozes credibility.

 

[banska bystrica]

The forum can look forward to Largesse's magnificent coverage of BBI. I'm finished at this fine forum. Hope I've given you all enough to contemplate regarding BBI/BEPPA and you have enough research to make up your own minds whether BBI/BEPPA can go substantially higher in 2009.

 

[eMark]

Thought I'd catch you over hear BB.

It's great that you can more or less say what you think over here without fear of retribution.

I gotta hand it to you, getting out of BBI when you did, and subsequently getting back in was a stroke of genius (but clearly not just luck), well done!

Haven't seen you on the HFA thread for a while. Are you still holding? I sold out for a nice profit (I didn't think I would sell up initialy, but like BBI, I could see the opportunity).

I have recently bought back in (for roughly the same amount of shares, and around the same price). Must be time for HFA to move on back up.

With it's P/E, and even with the GFC, it's price should be in the 0.60-0.70 range.

Cheers

eMark

 

[fuzzie]

I must say from my POV it would be sad to see BB leave this forum, please leave a forwarding address. In any case I can't help but admire BB's timing. I dumped my last BBI holding at midday Thursday 15th for 9.7 because I figured the SPARCS reset wasn't going to get up. BB sold the next morning for 12 before it closed at 9, go figure. His timing is impeccable. I wouldn't even think of playing poker with him

 

[investorpaul]

Yer BB, if you do decide to leave these forums just know that 99.999% of people really appreciated all the effort and research you shared with us (even when you didnt have to).

You always argued your points with facts, which just highlighted the enormous amount of research you put in.

All the best with BBI/BEPPA and your trading in the future

 

[ricee007]

DB's disclosed buying over the last month doesn't mean squat with regard to today's 'chomping'. Buying today could be anyone.
And you're 'other big buyer' hasn't yet cracked 5%.... so there is no evidence that this is true either.
Finally, please direct me to where you/I can see that a singular entity purchased 10m shares today.... there is nothing to prove or even suggest that the purchase on close was in anyway related to ANY buying through out the day.

You clearly have a position again, and I appreciate all the work you have put into research over the past months, but enough with the BS innuendo.

Buddy, I direct you to page 67.

PS: Fairly reliable rumour floating around that someone else has bought 60M BBI in the last month as well...

"Unfortunately you don't know who the buyer(apart form [DB])was. I do and they were not buying to do BBI holders a favour in bidding up the price prior to the SPARCS vote."

"They would want to have big wallets. It was an insto buying.....100% guaranteed. Mid cap fund manager."

And there are a few other quotes (including the best one, which I CBF looking for at the moment).

We then have

I'm hardly going to name the fund manager either. I have not been told WHY they are buying. All I know is they ARE buying.

I don't know what Deutsche Bank are doing and they have bought over 100M this year and sold zero.
I do know what the other big buyer is doing though and they are back in today.

Do you think that MAYBE, just *MAYBE* he knows the fund manager personally?...

I can't believe you ran BB off. I'm terribly dissapointed in you. If you think BB is lieing (despite being right about nearly everything so far)... you STILL shouldn't react the way that you have.

This is a sad day, that will seriously reduce the quality of this thread.

Largesse, I really think that you should ..... ......

BB, thanks for all your effort... feel free to just ignore any tools and stay on ASF.

Kind Regards,
Rhys

 

[Largesse]

Buddy, I direct you to page 67.





And there are a few other quotes (including the best one, which I CBF looking for at the moment).

We then have


Do you think that MAYBE, just *MAYBE* he knows the fund manager personally?...

I can't believe you ran BB off. I'm terribly dissapointed in you. If you think BB is lieing (despite being right about nearly everything so far)... you STILL shouldn't react the way that you have.

This is a sad day, that will seriously reduce the quality of this thread.

Largesse, I really think that you should ..... ......

BB, thanks for all your effort... feel free to just ignore any tools and stay on ASF.

Kind Regards,
Rhys

Stick to HC mate. They don't require you to actually back up any of your claims with evidence over there.

BB and his 'insto' mate will fit in perfectly.

Ramp to the heavens.

Best of luck,

L

 

[nathanblack]

BB, thanks for all your effort... feel free to just ignore any tools and stay on ASF.

calling people "tools" doesnt help much, only really inflames things. Just let everything cool down, im sure everyone involved will calm down and move on and continue posting. If at some point in the future certain comments are vindicated im sure an apology will be forthcoming.

Largesses' question was valid, that from the course of sales it is impossible to connect a large purchuse in the morning with another later in the day. All BB had to say was:
a) from the trading paterns/volumes i "think/suspect" a major buyer is acting
b) its just a hunch; or
c) a source told me.

but in the case of c) it has nothing to do with the course of sales.

i *think* that on occasions BB responses can be short but sweet, those that are on the same page, have read the entire thread and done there own research can usually follow what hes saying.

but for the less informed newbies his responses can seem abrupt or not answer there questions. its nobodys fault. just the difference in experience of investors. we have students posting, mum and dad investors all the way up to professional traders.

We all know DB has been a buyer and "could" still be buying, and looking at the volumes and support there is "probably" atleast one other "large" buyer. As BB has said, the reason for there buying is unknown. But if its a fund manager, than its purely as an investment, not a prelude to a takeover or a JV partner. either way, buyers help hold prices firm or drive them higher.

I look forward to informative posts from both largesse and BB in the future, but thank BB for his past contributions if he choses not to return.

 

[hardyakka]

Stick to HC mate. They don't require you to actually back up any of your claims with evidence over there.

BB and his 'insto' mate will fit in perfectly.

Ramp to the heavens.

Best of luck,

L

Largesse,

You are talking through a hole in your head. All I am going to say is that BB was spot on, except the ones that I know may be interested are likely different to BBs.

Also what is very clear is that you have no idea what you are talking about. If you think that even the holder of 25M plus BBI is able to influence the price or that instos take one iota of notice of information posted on these threads then you are only demonstrating to me a total lack of understanding as to how institutions and the market work.

I suggest you engage brain before opening mouth next time.

 

[random]

Largesse

I don't know if you have gone back and taken the time to read comments by BB and others over the last 20-30 pages but i must assume that you have (everyone should).
There can be no doubt of BB's knowledge and more importantly for us his ability to pass this detailed knowledge on in terms that many of us here would not fully comprehend otherwise. Once some of these facts were understood by myself further research of my own became easier and clearer.

Time and hindsight has shown that he is not a bag of hot wind.

Of course you have the right to take issue with his comments and anyone elses but be cool.

Track records like bb's deserve respect and gives him street cred on this forum at least.

I have been a holder of beppa's but this morning bought 120,000 BBI shares. I expect them to stay in this price range but even if they sink a couple of cents i'm truly ok with that.
Cheers

 

[mark_au]

I must say from my POV it would be sad to see BB leave this forum, please leave a forwarding address. In any case I can't help but admire BB's timing. I dumped my last BBI holding at midday Thursday 15th for 9.7 because I figured the SPARCS reset wasn't going to get up. BB sold the next morning for 12 before it closed at 9, go figure. His timing is impeccable. I wouldn't even think of playing poker with him

I concur,

I have enjoyed BB's detailed and comprehensive analysis of this company.
it would be a real loss to the forum if he were to leave because of one jealous poster.

cheers

 

[Mitsimonsta]

A sad day indeed. And I owe him some sort of celebratory drinks as well.

Meantime, watch it run today. BEPPA up 17% today, and I think it has more in the tank. Last 13c, Offer at 13.5c.

 

[hardyakka]

I concur,

I have enjoyed BB's detailed and comprehensive analysis of this company.
it would be a real loss to the forum if he were to leave because of one jealous poster.

cheers

I totally agree Mark, very simply I ( and I think the vast majority) would like to see BB return to this forum and continue to share his research and insight. There is an ignore button for persons like largesse.

Cheers

 

[fureien]

hmm im gunna watch bbi closely mite jump back in at 80 cents this afternoon. all indicators are suggesting a buy lol.

what worries me is that volume is still bad. still alot of sellers vs buyers

 

[Mitsimonsta]

Hmm, just seen this. Wonder how things bode for sale of DBCT with this news...

http://www.thebull.com.au/articles_detail.php?id=3347

Billionaire Clive Palmer's Waratah Coal has unveiled a central Queensland thermal coal mining project, hailing it as the nation's largest.

The project, known as "China First", will mine 1.4 billion tonnes of coal in the Galilee Basin, southwest of Mackay in central Queensland.

The venture's feasibility study suggests the entire project will cost $6.55 billion to set up.

This includes $2.1 billion for a 490km long train line, $3.18 billion for mine equipment and infrastructure construction and $1.27 billion in port construction.

As chairman of Waratah Coal, Mr Palmer said the China First project would create around 6,000 direct jobs during construction and 1,500 during operation.

The mining magnate estimated the project would add about 45,000 jobs overall to the Australian economy.

Mr Palmer said in time Premier Anna Bligh would have him to thank for helping the state regain its AAA credit rating.

He has a pending defamation case against the premier.

While the mine still needs state and federal government approval, Mr Palmer said it would be very "petty" if Ms Bligh blocked the project for political reasons.

"I'm not important to this project, Anna Bligh is not important in this project, what is important is that this project goes ahead and that it happens in Queensland," he said.

"We are both Queenslanders and we've got a vested interest in the future so I can't see why she wouldn't be a supporter."

Mr Palmer, who returned to Brisbane from China this week, also announced that Waratah Coal had entered into a memorandum of understanding with China's Metallurgical Corporation of China (MCC) to develop the project.

"MCC has agreed to be the engineering, procurement and civil (EPC) contractor of the project by providing a fixed price, lump sum construction price for the entire project," he said.

"They have also agreed to arrange debt funding of up to 60 per cent of the total capital cost.

As a result, MCC has guaranteed that it will purchase 30 million tonnes of coal per annum, which equates to $70 billion over the 25-year life span of the project.

The government will respond to the announcement at 2.30pm on Wednesday when Infrastructure Minister Stirling Hinchcliffe has called a news conference.

 

[fureien]

are u suggesting it might be negative becasue they are building their own. or positive because its port related...i cant tell lol

 

[w.m.buch@bigpond]

DBCT can do at least 81m tonnes per year.
Using the figures for the new terminal as a base to value DBCT gives a possible value of $3.426b, that would be nice!

 

[Mitsimonsta]

are u suggesting it might be negative becasue they are building their own. or positive because its port related...i cant tell lol

I don't know.... I am asking all of you!

Could be bad in the fact that the new rail line could be used to send coal to another port.

DBCT is a regulated, 'take or leave' port, so the money is charged regardless.

DBCT can do at least 81m tonnes per year.
Using the figures for the new terminal as a base to value DBCT gives a possible value of $3.426b, that would be nice!

Nope, no such luck. We are looking at a 100 MTPA facility:
http://www.dme.qld.gov.au/media_centre.cfm?item=574.0

"A new Australian coal port - the first in a quarter of a century - would be built near Shoalwater Bay between Rockhampton and Mackay with a capacity of up to 100 million tonnes of coal per annum.

I have taken an image of the proposal on the Waratah Coal, shrunk it and marked DBCT on it. It's about a 2.5MB PNG, so it is large! Note that the image shows the port to the north of Mackay, the link however talks about it being south of DBCT.

Download image here

 

[random]

Mitsimonsta,

Thanks for posting that info!

I am a little confused though.

When you look at the map the DBCT is geographically closer to the proposed mine than where the new terminal will be built.
Is it simply that the volume of the new mine will be too much for DBCT even with its expansion programme? hence the building of the new terminal plus the added cost of the rail line?


Can anyone fill us in on this.

Thanks