BNB - Babcock & Brown
- Thread starter Dakaz
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What you actually mean is that you have never seen this sort of thing before. Imagine what it must have been like during 1972-74. And yet people think October 1987 was a big one.
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OMG. Im not even gonna look.
Seriously ppl, HTFU! World's gone crazy man.
When are we going to see an upward movement?!
Seriously ppl, HTFU! World's gone crazy man.
When are we going to see an upward movement?!
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Spewing to just miss it at low $15's....damn need to be faster!
Some stops really musta got hit by that bungee effort!
Some stops really musta got hit by that bungee effort!
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low 15's .... plenty of time now!
U bargain hunters...... were saying BNB at $20 is a bargain a few days ago.
U bargain hunters...... were saying BNB at $20 is a bargain a few days ago.
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I still think she's got scope to go down further tomorrow - I mean I doubt you'd regret getting in at these levels - so maybe a few parcels would be better as it does tend to shoot back hard - see this morning went from $15.50 to $17 in a minute or so.
G'day all,
I've traded BNB three times in three days, hoping that I'm hitting the bottom each time I've traded.
Instead of buying shares, I should switch to CFDs, go short, this being the opposite to my share buying.This would create something like a option straddle.
I might even be able to pull back some of my loses I had from this trade..
It just takes a cool head at this time. Here's hoping I have one.
bruham.
I've traded BNB three times in three days, hoping that I'm hitting the bottom each time I've traded.
Instead of buying shares, I should switch to CFDs, go short, this being the opposite to my share buying.This would create something like a option straddle.
I might even be able to pull back some of my loses I had from this trade..
It just takes a cool head at this time. Here's hoping I have one.
bruham.
michael_selway
Coal & Phosphate, thats it!
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I think these BNB & MBL shares are all going to get hit big time, like CNP, MFS, AFG etc
Earnings and Dividends Forecast (cents per share)
2006 2007 2008 2009
EPS 115.4 166.6 197.7 224.9
DPS 36.0 52.4 59.8 70.3
thx
MS
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Surely you would have to give a bit more reasoning than that...
There are quite a few fundamental differences between those guys and CNP, MFS, AFG... the market can be irrational, but isn't stupid...
Chart wise there are so many stocks being technically short sold and fast.
If MQG breaks under $55 you would be going short on it all the way down to $47-$48, then the next stop is $32.
It would be very painful, but chartwise they are the next stops on the way down.
Look at ZFX it has fallen to $8 in a month.
Fundamentals mean nothing in a bear market.
Which is what a 20% + fall is... so they keep telling us..
If MQG breaks under $55 you would be going short on it all the way down to $47-$48, then the next stop is $32.
It would be very painful, but chartwise they are the next stops on the way down.
Look at ZFX it has fallen to $8 in a month.
Fundamentals mean nothing in a bear market.
Which is what a 20% + fall is... so they keep telling us..
What !IF!
This bear market is something that we have never seen before.
Is it possible to have a market that is just so volatile due to all the technology, that the market just finds a level and stays choppy.
Or does human emotion mean uncertainty sends stocks south!
This bear market is something that we have never seen before.
Is it possible to have a market that is just so volatile due to all the technology, that the market just finds a level and stays choppy.
Or does human emotion mean uncertainty sends stocks south!
Really interesting point Ken. I was just talking to someone today about just that point. How many of the recent sells have been due to pre-set stops and margin calls or margin loan calls? I think it's a look at how the stock market can crash or crash more severely for no good reason.
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Thoroughly agree Micheal . B&B must at the very least be worried by the Yen loan book . Not quite sure about the Everest (EBB) fund though , I do remember the market cap being somewhere around $400M last year , been continuing the journey south ever since it paid the last div . Chart screams worry , even though it managed to get the snorkel above the $1 line .
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Ha - all of a sudden a debt based asset acquisition model is akin to the anti-Christ.
6 months ago it was being lauded as MCG delivered a $1b plus profit.
This whole 'gearing is the end' obsession is ridiculous. Debt is the basis of the capital markets. Without it, nothing would be built. Debt markets will recover over time and the bigger players (BNB, MCG) are in the best position to ride it out.
By the way, Merril's have warned off a couple of lpt's with overseas exposure and high gearing - IOF & MDT. A case of buyer beware in the current market.
I've stopped trading CFDs for this exact reason.
The rise & fall of stocks such as AFG, MQG & BNB are simply based on fear. Personally I think it's a really good time to diversify or top up. I recently purchased TOL for $10 & AFG for $1.85 and since then the miners continue to suffer. TOL for example was at 10 prior to the crash. I posted a request for information as to why the stock crashed but never got a reply. Since then it's climbed back to over 20% and AFG is over 100%.
If you are keeping stocks long term, just buy them at a price you think is fair and hold. Watching the current price movement will give long term investors an ulcer.
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Interesting reading regarding Tricom and a link to the Allco margin call due to ANZ being reluctant to give them any more chips to play with.
Anyone have any thoughts regarding whether Tricom had a few issues surrounding BNB and having to sell holdings in BNB? My reasoning is that if ANZ said "no, we wont be giving you any cash right now" were Tricom forced to drop a bundle of BNB onto the market which then caused BNB to fall lower than it should have and thus cause it to be undervalued? Will we see a take up in BNB or did we see it when the BNB sp jumped back up from $15?
Am i looking for things that are not there?
http://www.theaustralian.news.com.au/story/0,25197,23129469-5013408,00.html
Anyone have any thoughts regarding whether Tricom had a few issues surrounding BNB and having to sell holdings in BNB? My reasoning is that if ANZ said "no, we wont be giving you any cash right now" were Tricom forced to drop a bundle of BNB onto the market which then caused BNB to fall lower than it should have and thus cause it to be undervalued? Will we see a take up in BNB or did we see it when the BNB sp jumped back up from $15?
Am i looking for things that are not there?
http://www.theaustralian.news.com.au/story/0,25197,23129469-5013408,00.html
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I would be very surprised if BNB is not being sold down because of leveraged exposure through Tricom, same goes for many of the banks and blue chips that have been sold down over the last few days.
Problem is, when will the enforced selling stop?
$500 million is 10% of the daily turnover of the market.....but of that $500M and total turnover, probably 50-60% is blue chip, which means we are now talking 20% of those shares traded as possibly being infected by Tricom.
Bet Tricom wished the Dow went up last night.
