i think she has got it right this time boys
PE 8.19 looks cheap least resistance is up
- August 16: (RWE) - Macquarie Leisure Trust
Group today announced a 51 per cent increase in net profit for the year
to June 30, following "exceptional" performances from its theme park and
marina assets.
Net profit equated to $17.4 million, up from $11.5 million.
Earnings per security for the period increased 43 per cent to
11.44c from 8.01c and distributions 23 per cent to 9.2c from 7.5c.
According to chairman Mr Neil Balnaves, a continued focus on
operational performance, a hands-on management team and the efficiencies
provided from the stapled security structure introduced on July 1 2003
combined to deliver significant improvements in operating returns, which
had been reflected in the improved security price.
"MLE is now well-positioned to pursue the acquisition of other
leisure assets that provide opportunities for profit improvement through
the application of specialised operational management," he said.
The stapled securities fell 1c to $1.17 today.
- Forums
- ASX - By Stock
- MLE
- **nice breakout**
MLE
macquarie leisure trust group
**nice breakout**, page-4
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MLE (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online