MAP is providing a briefing on wed 9 august and Kerrie Mather will update on the future prospects.
imo SP won't do much and probably fall in the short term for the following reasons:
1)Sydney Airport will be the major asset in MAP's portfolio and its revenue growth is pedestrian compared with the european airports. Delay in A380 and no 'open sky ' policy will constrain traffic growth.
2)high oil prices etc.
3)No details on Syd airport refinancing.
It is a hold if you are an existing holder (good div) and a buy if the SP falls to 2.90-2.95
solid growth to continue, page-5
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Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $73.89M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 16.5¢ | 15.5¢ | $94.80K | 584.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 53560 | 15.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 339324 | 3 |
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| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MAP (ASX) Chart |