sell time?, page-7

Ahhh, that's better.

Now...I too have been tossing up what to do with my MIG position. I am of the opinion, personal only, that this stock has not fully realised its potential share price.

I bought in to take advantage of the fantastic Capital return to shareholders and at that point, also thought that there was more to gain from a share price increase on market. Back then I fully expected the sp to increase to somewhere in the vicinity of $4.30 but it got nowhere near it and of course once the first 63.75 cent return was made to MIG shareholders, the sp went down by that amount.

With it now trading at $4.12, it is coming up to its second Capital return of 13.75 cents (I think), but that hasn't been officially released yet...once again, I'm fairly sure. I feel a lot of people will want to take part in that dividend and once it is released the sp could improve further and therefore taking it to the figure I thought it would achieve 6-8 months ago.

Don't forget, a lot has happened in that period. The TCL takeover of HLY has got to have benefits for MIG. The further progress on the new western link is going to be of benefit and the company has openly commented on acquisitions as it is well cashed up.

I don't feel that I have added any far fetch hype in my post & I will never do so, but this is a stock that I believe will continue to benefit from the worlds reliance on personal transport and the ever need to get somewhere quickly. Sydney is already very reliant on the toll roads that are in place and the government is pushing for more.

And don't forget...this is a Macquarie spin off!

For these reasons and others, I rate MIG as a hold for mine. I'd enjoy further comments from others on this aswell.
I hope this was worth the wait and of benefit to you.

Regards,
Snake13.

I gotta sleep! ;)