theres a post on ozestock which has mirorred what ive been saying about the revaluations and stuff like that. it makes sense. If he/she is right, then we can only conclude that the 17c dividend will again be comprised up of mainly tax-deffered gains - ie they will be using the DRP and a drawdown of cash to fund the divvie.
Just on the IFRS standards, i think we can get a big clue from page 3 of today's Appendix 4D:
"The MAG consolidated result for the period 5 May to 30 June 2004 included in the MAp Interim Financial Report for the period ended 30 June 2004, applying MAp’s accounting policies, is $71.5 million.**
The MAG consolidated result from 5 May to 30 June 2004, applying MAG’s accounting policies, was a loss of €3.3 million***."
-------
ie MAG uses IFRS standards (because it is a European company) and according to IFRS, it lost 3.3m Euro in that 1 month period. However, when MAp translates this back to Australia using AASB, it comes up with positive $71.5m..... If anything, it shows us what d0pes accountants are....
Anyway, agree with Goblin's assessment that here or low 240s is a good profit taking point.
- Forums
- ASX - By Stock
- MAP
- analysis positive
analysis positive, page-3
Featured News
Add MAP (ASX) to my watchlist
(20min delay)
|
|||||
Last
18.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $80.61M |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 22945 | 17.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
18.0¢ | 5681 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 22945 | 0.170 |
2 | 52440 | 0.165 |
2 | 12549 | 0.155 |
3 | 11834 | 0.150 |
1 | 5000 | 0.145 |
Price($) | Vol. | No. |
---|---|---|
0.180 | 5681 | 2 |
0.185 | 25684 | 1 |
0.195 | 285603 | 4 |
0.200 | 227211 | 4 |
0.210 | 5000 | 1 |
Last trade - 10.32am 12/09/2024 (20 minute delay) ? |
Featured News
MAP (ASX) Chart |
Day chart unavailable