MAP 5.71% 18.5¢ microba life sciences limited

solid growth to continue, page-5

  1. 174 Posts.
    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
 
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Last trade - 12.42pm 17/06/2024 (20 minute delay) ?
Last
18.5¢
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18.5¢ 18.5¢ 18.5¢ 25806
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