mac bank eyes china, page-5

noise. well the whole market has been down for the last two days...including all the banks...I think MIG is just noise...in fact it is up 2.54% today...but that's probably because of the noise...i think...MAP is doing well too..

MAP: Impressive Growth From The Second Danish Union
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Impressive passenger growth from Copenhagen Airport, released overnight, should be positive for MAP shares today. Copenhagen Airport announced that February 2006 passenger growth was up 9.7% on the previous corresponding period, following 5.7% growth in January. MRE continue to view Copenhagen as a strong acquisition for MAP. 1H06 in particular is expected to demonstrate strong traffic and cashflow growth which should see the market recognise the value and growth profile in the acquisition. MRE retain their outperform recommendation on MAP with a $3.65 price target, and believe the stock represents good value at current levels, offering a high holding period return of 22%.