Ann: Ardent Leisure Group Half Year Financial Res, page-29

re: Ann: Ardent Leisure Group Half Year Finan... thanks jbl1971.

Is this the same Macquarie that issued a buy for BBG at $6 early August? and reiterated their buy recommendation and price target after their FY results? citing that a 8% div yield was very attractive... sigh.

AAD is now trading at a yield of 11.8% which has grown from last year. The July results as a whole has revenues (on average) up 3.6%. Although Theme Park revenues have decreased 9.4%, other areas of the business has shown significant growth and have more than compensated for the TP July result (after all isn't that the point about diversifying one's business?)

To trade at the same very attractive div yield as BBG, AAD would need to trade up to $1.55!!

No wonder the Macquarie (MQG) share price is revisiting the GFC lows!!! they're terrible at what they do!!!

The minor EPS miss, what about 0.2c? is equal to the bonuses that were doled out to the executives!!! That does irk me however... They sure as hell don't deserve it, although the EPS is up 14% from last year, it is DOWN 30% from 2008. ARRRRGGGHHH