The financials are so difficult to understand but from what I...

The financials are so difficult to understand but from what I can find MAP has a massive amount of debt not far off from centros.
Debt costs are still rising and MAP is telling the market on face value that they think they are undervalued.
If so why is the share price making new lows.

MAP looks to have debts well over 10 bill and has kept using borrowed funds to buy airport after airport.
Airport growth also looks to slow with the rising oil price with many carriers cutting back on where they fly to aswell as the number of flights.

If you have more money going out ie higher funding costs and less money coming in you are in trouble.

Maps graph tells me the market knows they are in trouble.

Those who missed the massive profits made by shorting CNP may now have an oppurtunity with MAP.

Do some research...you may be pleasantly suprised as to this being the best short in town.