72k worth went through at $8 this morning before opening. I wonder if it was just shifting between funds or if that is a buy out price...
Mr Restel said Babcock & Brown's woes were not Mr Green's fault.
"The credit crunch hit at a very bad time," Mr Restel said.
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HAHAHAHA - what a joke. Why were 100 millions of bonuses paided to employees if they aren't responsible for the results in both good times and bad? BNB was just one big free roll (heads I win, tails you lose) at shareholders expense.
This appears to now be a great buy.
What does everyone else think of the future of this company? I was going to buy in at $15 and thought that I had missed out. It now seems like Christmas with sucha low price. It's as if you can't lose now.
I was just trying to lighten up your moodApologies for my typo. I meant company, not country.
Business Spectator has a few interesting articles today written by Alan Kohler about Babcock and Brown.
please please enlighten us as to why this is a great buy limeymovie. I would avoid this from all perspectives - a company in decline with asset sales imminent and a business model in disarray in a bear market.
Not to mention crushing debt clauses and incompetent management.
Limey whats your take on things since you think it is such a bargain? I think you are still holding and are trying to get out at a higher price...
I was just trying to lighten up your mood
Kohler is probably the most astute conmmentator around and has been for a very long time. The sooner Babcock and Green step away the better it will be for everyone. I'm still sitting on a few BBW shares........ I figure they are about the safest of their funds, but even these have taken a hammering over the last couple of days
please please enlighten us as to why this is a great buy.
I can't believe how naive some of you people are. This was $40 a year or 2 back now it is less that $4. I call that the buy of the century. When it goes back up to $40 that will be a 1000% increase. I will become a millionaire!!
I can't believe how naive some of you people are. This was $40 a year or 2 back now it is less that $4. I call that the buy of the century. When it goes back up to $40 that will be a 1000% increase. I will become a millionaire!!
I can't believe how naive some of you people are. This was $40 a year or 2 back now it is less that $4. I call that the buy of the century. When it goes back up to $40 that will be a 1000% increase. I will become a millionaire!!
You guys seem to be putting me off so you can keep all the shares for yourself. It's not going to work. I am not that stupid.
I will be buying big when it comes out of the trading halt. I will send you a postcard from my yacht in the Bahama's next year!!
I can't believe how naive some of you people are. This was $40 a year or 2 back now it is less that $4. I call that the buy of the century. When it goes back up to $40 that will be a 1000% increase. I will become a millionaire!!
Are you taking the p1ss?
It doesn't occur to you that if a stock falls this far, there might be a very sound reason for it happening?
I think it is just the market. There is nothing wrong with this stock, in fact most brokers have targets of between $15 and $20.
I am going to speak to my bank to get a loan to buy more of these.
It doesn't occur to you that if a stock falls this far, there might be a very sound reason for it happening?
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