Funny that Alan Kohler has damned BNB, I could have sworn the authors of the Eureka Report were giving it a good wrap a few months ago.
I'm a bit over Alan Kohler, the Eureka Report is a whole lot of uncomitted clap trap...
More damning comment , this from Alan Kohler,
http://www.businessspectator.com.au...-sickening-display-HQS6C?opendocument&src=rss
gg
Funny that Alan Kohler has damned BNB, I could have sworn the authors of the Eureka Report were giving it a good wrap a few months ago.
I'm a bit over Alan Kohler, the Eureka Report is a whole lot of uncomitted clap trap...
Yes, the 7.30 Report tonight drew attention to the number of companies with which Ms Nosworthy has been associated which have failed woefully.
She is also in charge of the much touted Qld Water Commission, god help all South East Queenslanders. Why doesn't someone just damn well get rid of her?
No chance for BNB to pick itself up when they fail to replace the people who have been so implicated in its downfall.
Now they are saying - well we said it was a bit risky.
very true on this mob,once the dust settles which will be?? there will be opportunities, yep your a lot gamer than me,too risky for my liking as i still think they may be rearranging the deck chairs on the BNB titanic, however they did react swiftly to a possible attack from the long short-short long gang,i would think the sentiment to these types of set ups will see the price head much lower...tb
Are the BNB Convertible Notes (BNBG) still paying out Dividends for the November ex-date? Anybody know?
Their announcement in May suggests so but thats before the dividends for ordinary shares got put on hold.
look at it smash through a buck in reverse the ponzi of all pyramids getting it sright whack...91c...short of the century...tb
They're just shameless. I wonder why they make those recommendations? Vested interest, getting their names out there.
yes, there are many good employees there that deserve a chance to build it up again.
I've spoken with some of their people thru business before, so when you put an average joe voice and face to it, I think, well what did that employee do to cause any drama's ?
Ok given the huge injections of liquidity and bank to bank lending, and the Feds move to cover banking I think BNB is not only going to survive, but once it resumes paying dividend out next year, which I assume will be lower due to the new policy of paying out of income not gearing, then BNB could reflect a much larger SP relative to its dividends. Not to mention that they are re-engineering their business model to be much safer and viable and regaining their brand back, and they are certainly still pulling in some huge and successful deals. So I guess what I am saying is that probably over the next two years I think, and hope for investors sake, that BNB could be back up to double digits. We all know that some of the share price pounding was the hedge funds pounding the stock - but yes they were taking advantage of investor sentiment (and fear) related to BNB, but this is artificial price manipulation over and above what would have been natural. The reality is that if it wasnt for this, BNBs SP would have taken a beating sure, but the companies viability wouldnt have come into question (and thereby cause this snowball affect) - and to be honest Im not sure it has. It still has bank support...... so as long as it can still pull in the deals and make money, as long as it has a Net Asset (currently 2.5B, market cap 350m) why would the banks demand? Just some more of my thoughts now the environment has changed a bit once again overnight.
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