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BBI - Babcock & Brown Infrastructure

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I foolishly sold some this morning expecting a very RED day........ but i made an odd $500 profit. I'll sit and wait to buy some more on the cheap now. I'll stand in queue with you Banksa
 
Viva_Las_Vegas said:
Looking at the BBI SP today it appears there is a lot of interest in buying those shares but looks like most of that interest is below the $0.05cent mark.

Click to expand...

I hardly think so. The current price is .068 up 13.33% on a volume of more than 21 million. Maybe this suggests a market re-rating of BBI & BEPPA?
 
If people cannot see something is imminent, then I cannot help them. There is a major re-rating about to happen over the next quarter (April, May, June).
I'm set for how many I want in both BBI and BEPPA but I am always willing to buy more if the market decides to sell it down.
 
BB which rating are you referring to? Is it the A+ credit ratings? I see a lot of demand but below the main price. You think those people are holding out for a small correction prior to a jump?
 
Viva_Las_Vegas said:
BB which rating are you referring to? Is it the A+ credit ratings? I see a lot of demand but below the main price. You think those people are holding out for a small correction prior to a jump?
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Not the credit rating,rather the BBI/BEPPA share prices. There are two main catalysts for a major re-rating:

1. Asset sales
2. Management internalization and subsequent name change. ("Prime Infrastructure" sounds good and that is what it used to be called). That would be my choice.

I can't believe you would sell Viva. Unbelievable. Who cares about daily price movements?
 
I'm constantly doing stupid things, getting spooked. Guess its my inexperience showing.

I guess I'm like any other greedy little pig out there trying to get some profit out before the bear rally is over. But somehow I think we are actually moving sideways as opposed to big up and down swings as we've seen previously.
You seem to know your business with BBI a lot better than I do, guess that contributes to your cool hand
 
Does anybody know why you cant get charting, sale prices/depth etc for BEPPA only for BBI via the comsec web page ???
 
Geeez I feel like a fool for selling some of my $0.051's today. Admitedly I was trying to recoup some of my losses in another mistake called HFA.

Banksa you are somewhat of a Guru, your talk of something imminent was followed by a huge BBI upshift. What do you speculate the positivity stems from? I tried to research BBI selling DBCT through Mac Cap but could not find anything via the "all knowing google"
 
A major re-rating has just started. You can quote me on July 1 and bag me if this does not happen: I fully expect BBI to be at least 20c by end of financial year based on two boxes being ticked off. If it's not, I will be very disappointed.
What is a fair price for BBI under the following scenario?
1. Asset sales over the next few months clear all of or the majority of corporate debt.
2. BBI severs all ties with BNB (re:the management agreement) for a very small sum
3. The name of the company is changed to remove all references to Babcock and Brown.

Thoughts on price???
 
banska bystrica said:
A major re-rating has just started.
Click to expand...

What we are seeing is a substantial shift in sentiment. A lot of traders are being taken out by long term holders. Look at the total buy depth and compare to the total sell depth. It will take a while to churn through the volume. Nothing goes up in a straight line. The key for a lot of the nervous nellies is don't panic on the "down days". Nothing goes up every day. Just remember that and also if you are a long term holder, you should be focussed on why you bought the stock and at what point do you start to take some profits. For me, as I said, I am not in this to trade out for a few cents profit. I would envisage selling maybe 30% of my BBI at a minimum of 30c and then keep the remaining BBI and ALL of my BEPPA for the very long term.
 
Viva_Las_Vegas said:
I'm constantly doing stupid things, getting spooked. Guess its my inexperience
Click to expand...

you live and learn, don't beat yourself up, you did make a profit.

I try not to trade so much as pick a winner and just sit on it, with BBI and Beppa I am just accumulating and waiting for normality to return and the price to recover,

Offcourse it is nice to see the stock go up day to day, but even if it does have a few down days it doesn't bother me, it is perhaps just an opportunity to buy a few more.
 
Thanks for the reassuring words. I was blown away to see so many units eaten up today. Although I think we still have a few backwards days ahead of us yet, and as you say, that will be the time to top up.
I would like to know where you guys do your research about BBI. I mainly use the news pages, this forum, comsec recommendations, and I get a copy of Bell & Potter Research.
You guys seem to be more "in the know" with all things BBI and BEPPA.

As an aside does anyone know why comsec makes you retain a minimum of $500 of shares if you are not selling all your stock? The manchild at comsec on the phone could not explain it to me apart from "thats the way it is"
 
mark_au said:
Does anybody know why you cant get charting, sale prices/depth etc for BEPPA only for BBI via the comsec web page ???
Click to expand...


You can get it. just enter code: beppa



Viva_Las_Vegas said:
Geeez I feel like a fool for selling some of my $0.051's today. Admitedly I was trying to recoup some of my losses in another mistake called HFA.

:
Click to expand...


There have been profit opportunities in this stock if it is traded, due to volatility.

While I have owned it BBI has gone from 4.5 to 14c then 2.5 now 7.5c.

(disclosure hold bbi and beppa, didnt trade it, but wish I had!)
 
awg said:
You can get it. just enter code: beppa
Click to expand...
Interesting,

if i go from my holdings page and click on the newspaper (research ) for by BEPPA holdings
im taken to a blank company screen with no actual information, just the fields

but then like you said if i manually enter beppa into say the depth page then i get data...

thanks for that
 
Yes, the tide is turning.
What does it for me is seeing the large number of buyers of course but more importantly the large parcels wanted in each order by those buyers this morning.
This afternoon they have averaged lower in size but still very encouraging with the higher sp.

Part of me is very pleased, part of me dissapointed but only because i wanted to add to my collection of BBI and BEPPA.

I guess there is no pleasing me today.
 
Does anyone feel like there is an announcement pending this afternoon from BBI? All this activity is making me feel like there's something going on but I don't know what it is. Surely this price jump has to reflect something in the wind.....
 
Viva_Las_Vegas said:
Does anyone feel like there is an announcement pending this afternoon from BBI? All this activity is making me feel like there's something going on but I don't know what it is. Surely this price jump has to reflect something in the wind.....
Click to expand...

There may be an announcement forthcoming this afternoon.....i don't know.
As a stab in the dark i am assuming that you are refering to asset sales.

What i have been waiting for for some time is reference to the management fees which BBI has been paying to BNB. Are these now history since BNB has had the administrators moving in?
They have been delisted after all.
My understanding is that the fees are now finished yet no announcement has been made. This topic should be dealt with asap.
 
Viva_Las_Vegas said:
Does anyone feel like there is an announcement pending this afternoon from BBI? All this activity is making me feel like there's something going on but I don't know what it is. Surely this price jump has to reflect something in the wind.....
Click to expand...

To me it still feels like noise. I've built up a reasonable number of shares (+100k) at an average price of 5c so a couple of cents move is nice to look at, but until there's a push past 15c I don't think we've broken through the resistance that's been hanging there at about 12c since November '08.

I'd be interested as to where anyone else puts the resistance, although I fully understand that the 'chartists' rules don't really apply to shares at the penny end of the spectrum.
 
Viva_Las_Vegas said:
Does anyone feel like there is an announcement pending this afternoon from BBI? All this activity is making me feel like there's something going on but I don't know what it is. Surely this price jump has to reflect something in the wind.....
Click to expand...

Viva and others,
You have obviously not read a word of my posts today.
Good afternoon,
See you all tomorrow.
 
Banksa,
First of all Well Done! You're perseverance and belief in the stock looks like it will pay off. I wish I had your cool hand and had not sold part of my holding today. My strategy was to use my BBI cash today to offset my losses from selling HFA, then to pour the money back into BBI. Perhaps illogical, but it made sense to me at the time.
I just read the announcement. I just wonder what price I will be able to buy back in at tomorrow. I'm confident the market will react positivly to the news.

Good job mate
 
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