BBI - Babcock & Brown Infrastructure

ricee007 · 11 May 2009

investorpaul said:
On another note, any predictions on where BBI and BEPPA open today? it will definately be interesting

BBI Indicative Price + 12.5% to 18c
11 times more buyers than sellers.
People buying at 22c, 21c, 20c, 19.5c, 18.5c, 18c, 17.5c, 17c, 16.5c, 16c, etc.
It closed at 16c...

BEPPA indicative price is up 0.5c to 18.5c.
Buy offers for 20c, 19c, 18.5c, 18.1c, 18c, etc.
5 times more buyers than sellers
It closed at 18c

Early trading, I would be surprised if at least one of BEPPA or BBI didn't hit 20c.

IIRC, if either BEPPA or BBI do, that would make it a > 100% gain in the 20 trading days.... quite a massive gain. IMHO.

Whilst I know it is quite far into the weighted average, a close of 20c would still help reduce dilution if SPARCS goes that way...

As to my fairly baseless guesses...

BEPPA 20c, BBI 18.5c at open

investorpaul · 11 May 2009

BBI got a speeding ticket ASX Announcement

and there is also another announcement about CORUS, which is a major customer of PD ports and may mothball one of their productions plants

investorpaul · 11 May 2009

Both opened down, probably in response to the announcements.

BB and others how do you view the announcement regarding CORUS? cause for concern?

ricee007 · 11 May 2009

investorpaul said:
Both opened down, probably in response to the announcements.

BB and others how do you view the announcement regarding CORUS? cause for concern?

IMHO,

It's damaging to BBI in the short term.

Quite possibly 'quite' damaging to BBI in the medium term - long term.

IMHO, selling PD Ports at a depressed price will not effect BEPPA at June 30 2012.

investorpaul · 11 May 2009

Looks like the market doesnt care, both BBI and BEPPA are now up. I definately thought the price would be depressed at least for a day or two as people took profits and or were spooked by the announcements.

ricee007 · 11 May 2009

investorpaul said:
Looks like the market doesnt care, both BBI and BEPPA are now up. I definately thought the price would be depressed at least for a day or two as people took profits and or were spooked by the announcements.

BEPPA is up 7.5% and BBI is up 3%...

Its 10.22am.

People wre spooked..

For about 10minutes.

Maybe we caught some day traders in our stock though

investorpaul · 11 May 2009

I was looking to buy today, but ill stay out of it for now its up and down like a yoyo. It is probably a battle between the day traders (who are most likely off loading stock for a profit after last weeks gains) and long term buyers or are trying to purchase at the best possible price.

I can only afford one more transaction of BEPPA at approx 15 cents before my avg buy hits 10 cents so i have to make it count.

ricee007 · 11 May 2009

investorpaul said:
I can only afford one more transaction of BEPPA at approx 15 cents before my avg buy hits 10 cents so i have to make it count.

That's one obsession I never understood.

If you believe BEPPA is worth $1.20 June 30 2012...

Who cares if your average price is $0.13 or $0.10?

You, obivously, but...

I know I'd much prefer 100,000 at $0.13 then 10,000 at 0.09....

Mitsimonsta · 11 May 2009

banska bystrica said:
Indophil (IRN)
Intrepid (IAU)
Please, as always, do your own research.

Noted and noted. Currently looking at GGG and am about halfway through their financials.

banska bystrica said:
Disc. BBI/BEPPA represents 88% of my current portfolio. I will not sell either until they are fair value according to my analysis.

That's huge, but you are so sure of it so I do not blame you. I have less cash than you, and while I am not adverse to risk, I prefer to spread that risk around risk a little.

w.m.buch@bigpond said:
I look at BBI as another business that I own, and if it does manage to succeed in staying afloat to the dividend paying stage, I expect to get far more than 30% on initial capital invested ,every year, from my investment. Obviously there are substantial risks in this strategy but owning your own business comes with substantial risks and a lot of headaches and heartache. BBi to me represents an opportunity to have a passive business with an exceptional return on initial capital invested.

Yes, I look at it the same way. However, BEPPA is my 'Big CG stock' that will increase my portfolio to workable levels. It is there to get me well on my way to my financial goals.

w.m.buch@bigpond said:
All I am really saying is that the dream of owning your own business is not as great as it may seem.

I do not want my own business at this time, but I would be happy to invest in someone else's business as a partner.

investorpaul said:
Both opened down, probably in response to the announcements.
BB and others how do you view the announcement regarding CORUS? cause for concern?

Bad for PD port sale price, that's for sure.

ricee007 said:
IMHO,
It's damaging to BBI in the short term.
Quite possibly 'quite' damaging to BBI in the medium term - long term.
IMHO, selling PD Ports at a depressed price will not effect BEPPA at June 30 2012.

I agree with all Ricee's points.

ricee007 said:
That's one obsession I never understood.

If you believe BEPPA is worth $1.20 June 30 2012...

Who cares if your average price is $0.13 or $0.10?

You, obivously, but...

I know I'd much prefer 100,000 at $0.13 then 10,000 at 0.09....

It's about keeping certain targets/goals in your portfolio. For me, I can find better targets than BBI/BEPPA at 15c or higher.

A really interesting morning so far, very volatile. I was surprised to see a very large (insto) buy order on BBI at about 9.30am.... it disappeared before opening.

investorpaul · 11 May 2009

ricee007 said:
That's one obsession I never understood.

If you believe BEPPA is worth $1.20 June 30 2012...

Who cares if your average price is $0.13 or $0.10?

You, obivously, but...

I know I'd much prefer 100,000 at $0.13 then 10,000 at 0.09....

The main reason is that 1 cent makes a big difference in the number of units I can purchase, which when multiplied by $1.20 results in a significant difference in end value/profit.

Given todays volatility and announcements I think BEPPA will hit 15 cents again and perhaps go lower. I will most likely sit on the side lines today and if I miss out altogether thats a risk I will have to take.

STYLSH · 11 May 2009

Today seems to be an awesome day to convert bbi to beppa. So many times the difference between them is 0

investorpaul · 11 May 2009

Mitsimonsta said:
It's about keeping certain targets/goals in your portfolio. For me, I can find better targets than BBI/BEPPA at 15c or higher.

A really interesting morning so far, very volatile. I was surprised to see a very large (insto) buy order on BBI at about 9.30am.... it disappeared before opening.

How large was the insto order ? I must have missed it.

I need to add some letters to get to 100 characters

shiftyphil · 11 May 2009

investorpaul said:
How large was the insto order ? I must have missed it.

I need to add some letters to get to 100 characters

It was more than 2 million, at 25c or 26c I think. Was only there for a bout 10 minutes (Just before the BBI announcements).

Mitsimonsta · 11 May 2009

Yes, was 2.5M units at 25c...... was definitely going to spike the prices towards north.

BBI green, BEPPA red last check.

investorpaul · 11 May 2009

Mitsimonsta said:
Yes, was 2.5M units at 25c...... was definitely going to spike the prices towards north.

BBI green, BEPPA red last check.

Interesting.... maybe they are waiting for the market to adjust to the news before they re-enter or perhaps they are spooked for good.

STYLSH · 11 May 2009

What do you think the chances of it touching our 20c high today again? Seems to like to yo yo around.

johannlo · 11 May 2009

If you look at the market depth as of 15 minutes ago, not too likely

Look at these sellers

16.5 1,255,426 35
17 2,360,890 31
17.5 2,000,921 18
18 1,732,539 31
18.5 1,305,953 18
19 1,619,407 27
19.5 1,888,229 17
20 1,162,296 26

The number of buyers lined up don't hit this level of qty until we dip back to ~13

disclaimer: as of 15 minutes ago what a crazy market this month has been

investorpaul · 11 May 2009

johannlo said:
If you look at the market depth as of 15 minutes ago, not too likely

Look at these sellers

16.5 1,255,426 35
17 2,360,890 31
17.5 2,000,921 18
18 1,732,539 31
18.5 1,305,953 18
19 1,619,407 27
19.5 1,888,229 17
20 1,162,296 26

The number of buyers lined up don't hit this level of qty until we dip back to ~13

disclaimer: as of 15 minutes ago what a crazy market this month has been

I agree i think there is more chance of it hitting 15c than 20c but only time will tell. It was a crazy morning and last Friday was crazy as well.

It didnt really move until the last hour and a half on Friday so its anyones guess until market close.

As per my posts above I hope it does hit 15c again so i can pick up some more BEPPA

fureien · 11 May 2009

w.m.buch@bigpond said:
Mitsimonsta; Ive had my own businesses for the past 30 years, and rarely make more than 30% on capital invested after everything paid (inc wages to me),sometimes you make a loss. I look at BBI as another business that I own, and if it does manage to succeed in staying afloat to the dividend paying stage, I expect to get far more than 30% on initial capital invested ,every year, from my investment. Obviously there are substantial risks in this strategy but owning your own business comes with substantial risks and a lot of headaches and heartache. BBi to me represents an opportunity to have a passive business with an exceptional return on initial capital invested.
.....
I hold BBI for long term and BEPPA for shorter term.These are 100% of my portfolio. P.S. I dont mind a bit of risk!!!

is that 30% per year on average? or max. i see where your coming from, i am currently helping my dad with his business venture, but he started it mid last year, and obviously he got hit by the recession. ive been telling him that ive made more profit in stocks the past month than he has in the year to date lol.
but if you think about it, isnt the whole point of equity stocks, essentially owning a part of a business. its like living the dream while sitting infront of a computer.

but yeh stop losses in place and hopefully bbi will look good in the long term.

investorpaul said:
I was looking to buy today, but ill stay out of it for now its up and down like a yoyo. It is probably a battle between the day traders (who are most likely off loading stock for a profit after last weeks gains) and long term buyers or are trying to purchase at the best possible price.

I can only afford one more transaction of BEPPA at approx 15 cents before my avg buy hits 10 cents so i have to make it count.

i sold my bbi this morning at 0.16. i woke up a bit late and didnt get to edit my sell order in time >< but i had a buy order from friday and managed to get back in at 0.145
it keeps fluctuating around open (0.155), making me nervous lol.
i want to get some beppa, but doubt if its gunna drop to 15cents today.

investorpaul · 11 May 2009

Interesting day:

BEPPA down 0.005 to 17.5c
BBI up 0.01 to 17c

There was some crazy trading in the morning but overall the market does not seem to care about the announcements and the potential impact on the PD port sale.

I also thought there may be some more profit taking, although it was evident in morning trade it quickly dried up and we even saw BEPPA touch 20c briefly. The way things are going I would not be surprised to see it push through some time this week.

The only cause for concern is that people may have been caught up in the general run/potential for large profits and are turning a blind eye to announcements (such as todays) that go against what they want to see. It just seemed a bit weird to me that it bounced back so quick.

BBI - Babcock & Brown Infrastructure

ricee007

investorpaul

investorpaul

ricee007

investorpaul

ricee007

investorpaul

ricee007

Mitsimonsta

investorpaul

STYLSH

investorpaul

shiftyphil

Mitsimonsta

investorpaul

STYLSH

johannlo

wintermute000

investorpaul

fureien

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