RE:RE:moody might downgrade bbd debt Unfortunately Flamingo......I have to agree with you. They are experts at underdelivering......and also what we must not forget is that even though they are talking about selling a division or assets.....everyone knows that they are in DEEP trouble.....not an enviable position to be when you're a seller!
flamingogold wrote: BBD is a pro at disappointing. Sadly I don't expect a pop this thursday. There are too many variables at play and more time will be required. So a good chance we are told they are "looking at all options" to divest still. Continued uncertainty will pressure the stock.
bingostar wrote: IF the sale of A220 come lonely thurday expect a nose dive in the sp and rating as well since bbd would not be in postion to finance its 4G$ pension deficit and 1G$ penalties from the BT legacy contracts.
Only a sale of a division would temper the financial burden if not the junk bonds of BBd will take a hit.