| Latest Forum Topics / Global Inv Last:0.121 -- |
 Post Reply
|
|
Babcock & Brown SFF
|
|
|
Fairygal
Veteran |
17-Mar-2008 10:25
|
|
x 0
x 0 Alert Admin |
Would the price of the counter affect the divvy guidance announced? |
| Useful To Me Not Useful To Me | |
|
Farmer
Master |
17-Mar-2008 10:19
|
|
x 0
x 0 Alert Admin |
Trading at 61cts now...looks like my target of 59cts(NTA value) is imminent. |
| Useful To Me Not Useful To Me | |
|
|
|
|
aoeuidht
Member |
14-Mar-2008 19:21
|
|
x 0
x 0 Alert Admin |
this counter lost almost 40% of value since December. |
| Useful To Me Not Useful To Me | |
|
Farmer
Master |
14-Mar-2008 16:37
|
|
x 0
x 0 Alert Admin |
Cannot leh! I only buy in recently at est 15-17% yield - too attractive to ignore....so no divs today. You can carry on and report the findings. 
|
| Useful To Me Not Useful To Me | |
|
Pinnacle
Master |
14-Mar-2008 15:49
|
|
x 1
x 0 Alert Admin |
Received dividend today... Farmer, can see specialist today... paid by bcb dividend. 
|
| Useful To Me Not Useful To Me | |
|
|
|
|
Farmer
Master |
10-Mar-2008 17:15
|
|
x 0
x 0 Alert Admin |
Even with the latest announcement, it continue to head south and set another all time low.....this counter is really sick i guess, need to refer to "specialist". Can anyone recommend one? |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
10-Mar-2008 17:02
|
|
x 0
x 0 Alert Admin |
Ooops, looks like sellers reappeared in the afternoon. |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
10-Mar-2008 12:15
|
|
x 0
x 0 Alert Admin |
Looks like strong buy up after the announcement......BU:SD ratio is about 5:1 at this time. |
| Useful To Me Not Useful To Me | |
|
|
|
|
Farmer
Master |
10-Mar-2008 12:06
|
|
x 0
x 0 Alert Admin |
The following announcement is a vote of confident to investor esp its last paragraph consider the current market condition.... ASX Release 10 March 2007 ELIMINATES SHORT TERM ?MARGIN? LOANS ON MARKETABLE SECURITIES IN BABCOCK & BROWN MANAGED FUNDS International investment and specialised fund and asset management group Babcock & Brown (ASX: BNB) today announces an initiative to clearly position the Group?s funding arrangements in relation to our core holdings in our Managed Funds. Elimination of Short Term ?Margin? Loans Secured Against Marketable Securities in Babcock & Brown Managed Funds Babcock & Brown is pleased to confirm that it has retired over $250 million of short term ?margin? loans since 31 December 2007 from existing resources and has received commitments for new term finance, to replace all the remaining outstanding ?margin? loans secured against marketable securities in Babcock & Brown managed funds. The new term financing facility contains no market price based covenants, no margin call obligations and no obligations to post additional collateral based on the prevailing market price of securities in our Managed Funds. Overall Gearing As indicated above Babcock & Brown has retired over $250 million of short term ?margin? facilities since 31 December 2007 from existing resources. Whilst we anticipate an increase in Babcock & Brown?s corporate banking facilities, overall gearing will reduce as a consequence of increased retained earnings and the $250 million repayment of short term ?margin? facilities. Phil Green, CEO of Babcock & Brown said, ?Today?s announcement removes all short term debt secured against marketable securities in Babcock & Brown managed funds and reconfirms our statement on Friday that we have no intention or requirement to dispose of any interest in our managed funds. ?This announcement further demonstrates that we continue to have multiple funding sources and in particular we have a large number of strong banking relationships which provide us with flexible funding solutions to support our business. This announcement, combined with recent announcements by our Managed Funds, reflects our ability to continue to be able to source funding at both the corporate level and project debt level for the ongoing growth of our business at prudent gearing levels. ?We reconfirm our 2008 Group Net Profit guidance of $750 million which represents in excess of 15% growth on the 2007 result. We are well advanced with our revenue generating activities and our normal asset recycling program and reconfirm that we are on track to generate cash and available reserves of approximately $1.5 billion by the middle of 2008. We believe this will place us in a strong position to take advantage of opportunities that may arise in the current market environment.? Ends |
| Useful To Me Not Useful To Me | |
|
Farmer
Master |
10-Mar-2008 10:31
|
|
x 0
x 0 Alert Admin |
This one drop almost every trading day.....base on its FA(provided it can maintain its revenue/profit) its a bargain price right now. Still waiting for a good price to enter........I would bet at ~59cts its NTA. |
| Useful To Me Not Useful To Me | |
|
ahxing
Member |
08-Mar-2008 10:53
|
|
x 0
x 0 Alert Admin |
I just cut loss of this counter when i bought at 0.69. Heavy selling can be seen.. Careful, something is wrong~ |
| Useful To Me Not Useful To Me | |
|
left_bug
Senior |
07-Mar-2008 15:36
|
|
x 0
x 0 Alert Admin |
Queue at 0.62 today. I don't think I can get it today. I guess support formed at 0.64. I continue to like this stock. Which company is immune to US sub-prime woe and world credit crisis? |
| Useful To Me Not Useful To Me | |
|
|
|
|
Pinnacle
Master |
06-Mar-2008 14:22
|
|
x 0
x 0 Alert Admin |
This offered me good opportunity to accumulate further to average down my holding, hence increase my div yield at the same time. Vested here. 
|
| Useful To Me Not Useful To Me | |
|
787180
Master |
06-Mar-2008 11:31
|
|
x 0
x 0 Alert Admin |
Listed on 20/12/06 at ipo of $1.06 now at 67.5cts agree oversold |
| Useful To Me Not Useful To Me | |
|
Fairygal
Veteran |
06-Mar-2008 09:33
|
|
x 0
x 0 Alert Admin |
This is one counter I am keeping for divvy yield, so for LT. I think at the current price, it is very much oversold. Probably the half yearly divvy plays a big part because the price will always go up near CD and falls upon XD. Still, would at least hope for this to go up to a more reasonable level. |
| Useful To Me Not Useful To Me | |
|
elfinchilde
Elite |
05-Mar-2008 22:13
|
|
x 0
x 0 Alert Admin |
farmer: shplayer means that people are still selling off the counter; new downtrend has just been established. (funny, i'm seeing this in all the counters i've been reading so far: is there something going on that the BBs know that we don't?) may have a small tech rebound; but going by bab's record, the tech rebound likely worth ~5c max. long term sign doesn't look good tho: selling since 30th jan (see chaikin) |
| Useful To Me Not Useful To Me | |
|
ahxing
Member |
05-Mar-2008 21:56
|
|
x 0
x 0 Alert Admin |
What do u mean by distribution still going on? Is there any technical rebound? |
| Useful To Me Not Useful To Me | |
|
shplayer
Elite |
05-Mar-2008 21:45
|
|
x 0
x 0 Alert Admin |
Farmer, From charts, looks like distribution still going on. |
| Useful To Me Not Useful To Me | |
|
Farmer
Master |
04-Mar-2008 17:37
|
|
x 0
x 0 Alert Admin |
Wah! Another all time low price, can collect more or not? |
| Useful To Me Not Useful To Me | |
|
Farmer
Master |
03-Mar-2008 17:32
|
|
x 0
x 0 Alert Admin |
Closing at all time low of $0.735 today...how low can it go? Unable to predict since there's no history chart to show support level. Anyone wanna try? |
| Useful To Me Not Useful To Me | |