BBI - Babcock & Brown Infrastructure

[banska bystrica]

Quote: Originally Posted by ricee007 What do you base this on? Just the fact that the market thinks BBI is in trouble, and ASF thinks it should be okay? Or? Reading the financial reports, I really do have a hard time seeing administration. They are covering their debts.... they have significant net assets... they have some awesome assets...???

[persistentone]

My broker in the US is telling me that Australia is a scripless system where no physical stock certificates are ever issued. They said everything is done through a registration entity named Computer Share. Can anyone reflect on that for me? Is it right?

The reason I care is in the event of an administration, I just would fear a situation where I hold shares through a broker who holds shares through a custodian, and somewhere along the way the symbol gets delisted and the custodian fails to connect my shares back to any any new entity that gets issued as a replacement for the originals. Establishing clear ownership of the shares to my name becomes important, particularly when you consider that you could come out the other side of administration with something that is five to 20 times the value of what you paid.

Anyone have any thoughts on this?

[cpsharky]

Hi Persistance,

Correct that we use a scripless system here. The system is called CHESS which is run by the ASX. They keep a record of holders and allocate a HIN (holder identification number). They will issue a paper record of your transactions. Investigate the CHESS system on the ASX site and you should get the info you are after.

The companies on the ASX generatlly use one of two third party companies to handle all of their share registry functions. BBI uses www.linkmarketservices.com.au rather than Computershare. You are able to check your holdings on this site.

All seems as safe as houses (errr... you know what I mean ) to me.

By the way, if you do manage to find an Aussie lawyer (sorry I can't help), would be very interested in a summary.

Cheers.

[random]

If you are a company, fund, institution or other which happens to have some money to spend on buying a fine investment piece of infrastructure you would most certainly be having a deep and meaningful look at dbct.

Such animals still do exist and they are not as few and far between as many believe,DBCTwe here know is a great business especially with its phase 7 expansion completed.
In this period of doom my understanding is that the coal companies are still at full capacity producing all the coal from Qld that they can mine. There is no shortage of production (or demand from the international community) even though we are in a sense not effected due the guaranteed income stream we have in place.
So if I have the do ray me to spend in my opinion now is the time to buy.
Yes,i would take the step forward now.
The theory that i would be able to screw the administrators is dreaming.
It assumes that it is just me interested in buying or perhaps a handful of others and i personally don't believe this is the case for a moment. There would be great interest. In fact even more potential buyers would come out of the woodwork.
As "persistentone" states it is the timing that is important. That works both ways you know!
Here today gone tomorrow. You can't assume it will be there tomorrow to buy.
This is an opportunity for many to buy at a good price and as i have said previously you don't have to screw the seller to purchase a property and be happy with it.
I for one am confident that a buyer will step forward and buy at a price which truly reflects the value of dbct.

Today i have topped up once again my holding in beppa.

[Mitsimonsta]

Nice to see a bit more strength in BEPPA today.

Random, you pushed the price up

Volumes still rather low however.

[nathanblack]

Quote: Originally Posted by persistentone Anyone have any thoughts on this?

[banska bystrica]

Quote: Originally Posted by random If you are a company, fund, institution or other which happens to have some money to spend on buying a fine investment piece of infrastructure you would most certainly be having a deep and meaningful look at dbct. Such animals still do exist and they are not as few and far between as many believe,DBCTwe here know is a great business especially with its phase 7 expansion completed. In this period of doom my understanding is that the coal companies are still at full capacity producing all the coal from Qld that they can mine. There is no shortage of production (or demand from the international community) even though we are in a sense not effected due the guaranteed income stream we have in place. So if I have the do ray me to spend in my opinion now is the time to buy. Yes,i would take the step forward now. The theory that i would be able to screw the administrators is dreaming. It assumes that it is just me interested in buying or perhaps a handful of others and i personally don't believe this is the case for a moment. There would be great interest. In fact even more potential buyers would come out of the woodwork. As "persistentone" states it is the timing that is important. That works both ways you know! Here today gone tomorrow. You can't assume it will be there tomorrow to buy. This is an opportunity for many to buy at a good price and as i have said previously you don't have to screw the seller to purchase a property and be happy with it. I for one am confident that a buyer will step forward and buy at a price which truly reflects the value of dbct. Today i have topped up once again my holding in beppa.

[persistentone]

Quote: Originally Posted by nathanblack Can i ask how did you get your name "persistentone"? you seem anything but persistent in your posts.

[nathanblack]

Quote: Originally Posted by persistentone I guess it depends on your timeframe. I'm definitely not like some annoying salesperson who grabs hold of you and will not shut up. I do develop goals and never give up on those. Think persistence in the long-term....

[random]

Quote: Originally Posted by Mitsimonsta Nice to see a bit more strength in BEPPA today. Random, you pushed the price up Volumes still rather low however.

[persistentone]

Quote: Originally Posted by nathanblack so your more ambitious than persistent, that makes sense. where in USA are you? i think BBI is heading into over sold territory, not much downside but offers potential upside. but still a spekky, so i wouldnt expect too much large buying even at this level. thats why volumes are down.

[cpsharky]

Quote: Originally Posted by persistentone Ambition just means you want something. Plenty of ambitious people are impatient and give up too soon. Persistence means you stick with something until you get it right.

[nomore4s]

Quote: Originally Posted by persistentone Ambition just means you want something. Plenty of ambitious people are impatient and give up too soon. Persistence means you stick with something until you get it right.

[random]

Enthusiasm for this stock....yes.
Unbridled enthusiasm ....no.

Most are well aware of its predicament and are riding the wave.

[fuzzie]

Quote: Originally Posted by nomore4s There appears to be alot of unbridled enthusiasm on this thread for BBI & BEPPA but when I look at the chart all I see is a dog. There is also a very good chance this stock won't even be around in 12 months time, the risks with this stock are very real - so there is still alot more possible downside with this stock.

[Mitsimonsta]

You can make a chart say whatever you want it to.....

Anyway, we've hit 10.8c for BEPPA. been a few weeks since I saw it that high. Volumes looks to be rising also.

Possibly some leakage from the Silver Doughnut?

[persistentone]

Quote: Originally Posted by Mitsimonsta You can make a chart say whatever you want it to..... Anyway, we've hit 10.8c for BEPPA. been a few weeks since I saw it that high. Volumes looks to be rising also. Possibly some leakage from the Silver Doughnut?

[Mitsimonsta]

There was quite a bit of buying early, but that early activity has now tapered off.

I'm actually not phased by the current rise. I mean it is nice and all, but the volume is definitely not following yet.

[persistentone]

Quote: Originally Posted by cpsharky Hi Persistance, Correct that we use a scripless system here. The system is called CHESS which is run by the ASX. They keep a record of holders and allocate a HIN (holder identification number). They will issue a paper record of your transactions. Investigate the CHESS system on the ASX site and you should get the info you are after. The companies on the ASX generatlly use one of two third party companies to handle all of their share registry functions. BBI uses www.linkmarketservices.com.au rather than Computershare. You are able to check your holdings on this site.

[awg]

The SRN is only issued to a holder if the shares were not acquired via a broker, such as in the case of a public float of a company, like CBA, or TLS.

In this case an SRN is issued.

If the shares are purchased via broker, a HIN is issued.

that is my understanding.

This should not be a problem for you, as you would purchase thru a broker and have a HIN, I assume.

to my understanding anyway, further details.

https://www-au.computershare.com/inv...suer+Sponsored

https://www-au.computershare.com/inv...oker+Sponsored