BEPPA

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   This a pref. share of BBI.If BBI stays afloat (7out of 8 brokers rate it a hold or better) the pref.shares are a bargain.They will pay 1.15% above 90 day bill rate until 2012.At todays price of 9.5 cents that's more than 4.0 cents pa---and in 2012 bbi will buy back for $1.00 or give you $1.00s worth of BBI shares.That equals another 25% each year.To repeat it all depends on BBI not going bankrupt,though even then you may get something back.
Speculative but a possible multibagger.

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magpie Members Profile Send Private Message Find Members Posts Add to Buddy List Newbie Joined: 12 Feb 2009 Posts: 7	Quote Reply Topic: BEPPA Posted: 15 Feb 2009 at 4:47pm
	This a pref. share of BBI.If BBI stays afloat (7out of 8 brokers rate it a hold or better) the pref.shares are a bargain.They will pay 1.15% above 90 day bill rate until 2012.At todays price of 9.5 cents that's more than 4.0 cents pa---and in 2012 bbi will buy back for $1.00 or give you $1.00s worth of BBI shares.That equals another 25% each year.To repeat it all depends on BBI not going bankrupt,though even then you may get something back. Speculative but a possible multibagger.