MAP 1.47% 16.8¢ microba life sciences limited

is map in trouble with foreign ownership cap, page-5

  1. 174 Posts.
    factors affecting the sp in the short term:

    1)involvement in a consortium to buy Chicago midwest airport - not earnings accretive

    2)delays in Boeing 767's delivery to Quantas - impact on passenger traffic. Lower traffic capacity, lower revenue for MAP.

    3)possible 2nd airport as an alternative proposed by the state govt, but may have long term implications

    4) investors avoiding highly leveraged companies

    5)Recent report on the viability of this infrastructure model - revaluation of assets is pretty dodgy to pay a dividend.
 
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