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Babcock & Brown SFF

It's moving up.

 

What happens if they should become delisted, is that true or just rumours ? whats happens to our shares, I have few lots ?!

 

Hmm...that may be possible, consider to manage it like a unit trust. SC bank is still evaluating b&b strategy going forward. If anything else, i suspect there will be cash call to lower its leverage.

 

Just for sharing.

Latest rumours going ard fast and thick is that b and b will be delisted and going private.

Up to individual to see wat they want to do with their share holdings.

Cheers

 

 Go to the website www.babcockbrown.com. will see the announcement that jim babcock has resigned.

He is the founder and holds the most shares. 

 

that is something new to me...

this is an Australian company, isn't it? any more story about this company? the price is cheap though..

look at synear, sinotech, all the 14 cents stock all up to 20 cents now.., (although the business nature are way different), but we are talking about the cycle.. to up to 15 cents is just as easy as flipping hands.. but, worth a bet?

stupidfool      ( Date: 03-Nov-2008 14:48) Posted: The founder of B and B has quit as Chairman. His good trusted friend,the CEO also quit. Up to individual to forecast fate of company.

 

The founder of B and B has quit as Chairman.

His good trusted friend,the CEO also quit.

Up to individual to forecast fate of company.

 

of course you won't lost all....

actually, the next important thing is what is their dividend next... it is because for the past 2 payout, the dividend is too huge... and to save them, they should not declare any dividend until the price up to 30 cents.. if not, they are only killing themselves.. because after ex date, it will come down again, for sure. they have made 1 mistake, they should not make 2nd mistake.

left_bug      ( Date: 03-Nov-2008 11:29) Posted: I did buy 4 lots at 0.7 cents. My latest investment for this counter is 10 lots with average price of 0.43. I will continue to buy if it continues to drop. I will set a $5000 limit for this counter. Hopefully, I can get some at 0.3 cents or less. Recently, its investment, B&B air, just declare USD 0.5 cents for Q3 but the share price is at around USD6. BBGI’s investment has more than 50% in some sort of loan which I am still trying to understand. Yes, I invest something I don’t fully understand. No matter how complicated the loan structure, it still a loan and I like loan business. The worst case scenario, of course, is I lost my all money. The best case scenario is what you want to be, of course.

 

I did buy 4 lots at 0.7 cents. My latest investment for this counter is 10 lots with average price of 0.43. I will continue to buy if it continues to drop. I will set a $5000 limit for this counter. Hopefully, I can get some at 0.3 cents or less. Recently, its investment, B&B air, just declare USD 0.5 cents for Q3 but the share price is at around USD6. BBGI’s investment has more than 50% in some sort of loan which I am still trying to understand. Yes, I invest something I don’t fully understand. No matter how complicated the loan structure, it still a loan and I like loan business. The worst case scenario, of course, is I lost my all money. The best case scenario is what you want to be, of course.

 

coming to your way...

with price of 0.075... 1 lot only S$75... how much dividend they want to declare next ?

left_bug      ( Date: 16-Oct-2008 11:06) Posted: I aim high. I am waiting for 7cents.

 

Should see single value next week.

Structure stuff send fear.

 

Fairygal      ( Date: 16-Oct-2008 11:51) Posted: And I no eye see, really....

 

And I no eye see, really....

 

I aim high. I am waiting for 7cents.

 

if 3 cents is confirmed, let's see the price movement, if  drop all the way 3 cents, I don't mind to buy to bet.

 

Let's put it in this way, if they keep giving fat dividends, eventually, your average holding cost per share would decrease, and let's say they drop to 3 cents and the company declares a 3 cent dividend, will the stock price shoot up? cos its 100% dividend, i.e. shares are f.o.c after dividend.

Something you might want to ponder on.

 

they should not give 3 cents, the more they give, the share price will drop more after the ex date..

can you imagine, if you buy the shares now, say 0.11, 1 lot 110 dollars, dividend is 30 dollars, the yield is like 27% !!! that's just crazy..

what happen after the exdate? 0.11 - 0.03 = 0.08, straightaway it will go down to 0.08... if the next dividend come again with 0.03.. the price keep pressing down all the way to 0.01.. that is highly possible if they keep giving fat dividends.. they should cut the dividend !

 

I am also holding. Company says baring unforseen circumstances, it will pay a dividend of at least 3 cents per share for 2nd half, as stated in their dividend guidance statement in the previous quarter results.

 

 DIVIDEND 1 Jul 2008 3 Jul 2008 5 Sep 2008 SGD 0.052 
 DIVIDEND 31 Dec 2007 3 Jan 2008 14 Mar 2008 SGD 0.06 
 DIVIDEND 15 Jun 2007 19 Jun 2007 14 Sep 2007 201206-311206 SGD 0.0053 
 DIVIDEND 15 Jun 2007 19 Jun 2007 14 Sep 2007 010107-300607 SGD 0.047

I think this December 2008 dividend would be SGD 0.006 instead of SGD 0.06 payout last year.. drop from 1.26 high in June 2007 all the way to 0.105..... I don't think their pocket is so big to give fat dividend... share price really down like no-where.

 

Farmer, man. I am still holding.

 

Thanks Farmer!