MXG multiplex group

mxupa presso and conf call, page-2

  1. 3,200 Posts.
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    Teleconf pretty positive.

    Comments
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    * Indication that distributions will be maintained (March distribution is confirmed IMO)
    * Debt under control - Minimal pressure from lenders
    * Possiblity of on-market buy back
    * Despite asset write downs, sufficient rent being generated for SITES distributions
    * Management understands that suspending distributions will result in destruction of share price and loss of confidence with lenders (as some are major shareholders)

    I am interested on what happends on step-up date. Comments?

    I have topped up below $18
 
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