I trade it a lot as well. Got in yesterday but no where near the morning low.
Its a casino at the moment. Market doesn't seem to understand that cost of debt will fall once liquidity improves and, on top of that, MCG has its debt tied up for years. Perhaps there is some big negative about MCG that I don't get but income is tied up as is debt. Looks good to me particularly compared to commodities which are crap.
MAP is another and given the share buy back should improve.
- Forums
- ASX - By Stock
- MCG
- capper
MCG
macquarie communications infrastructure group
capper, page-12
-
- There are more pages in this discussion • 29 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)