Britannia Bulk Holdings (BBLKF.PK)

sb101cu (< 20) Submitted: 9/2/2008 10:21:48 PM : Start Price: $9.02 BBLKF.PK Score: -87.71

Most of the stock markets of the host country goes up after the Olympics. Not so with China. This is down because of the slowing of the economy as a result of less demand and high fuel charges for the airlines. By year end I expect it to be $ 12.00 (in 4 months). That is 24 % return in 4 months. Let us see

tenmiles (99.99) Submitted: 8/12/2008 3:14:52 PM : Start Price: $9.01 BBLKF.PK Score: -86.84

Dry bulk index looks ugly, but probably right time to buy this busted bulk IPO. Small company positioned to benefit from its specialty "ice class" vessels; speculative play given commodity exposures, but expect dividend, targeted at 30% of quarterly net income, to provide some floor support soon - buyer around $9 for caps.