**nice breakout**, page-4

i think she has got it right this time boys
PE 8.19 looks cheap least resistance is up



- August 16: (RWE) - Macquarie Leisure Trust
Group today announced a 51 per cent increase in net profit for the year
to June 30, following "exceptional" performances from its theme park and
marina assets.
Net profit equated to $17.4 million, up from $11.5 million.
Earnings per security for the period increased 43 per cent to
11.44c from 8.01c and distributions 23 per cent to 9.2c from 7.5c.
According to chairman Mr Neil Balnaves, a continued focus on
operational performance, a hands-on management team and the efficiencies
provided from the stapled security structure introduced on July 1 2003
combined to deliver significant improvements in operating returns, which
had been reflected in the improved security price.
"MLE is now well-positioned to pursue the acquisition of other
leisure assets that provide opportunities for profit improvement through
the application of specialised operational management," he said.
The stapled securities fell 1c to $1.17 today.