SYD - Sydney Airport

[el_ninj0]

Hello, I am looking for some information on MAP as listed on the ASX, I have been following them for a while now, and they have seemed to drop a substantial ammount in the past week. Can anyone give me an explanation as to why this might have happend?

Thanks.

 

[doctorj]

Re: Maquarie Airports

Could it be their 10% purchase of an airport in Copenhagen? Many suggest that they've bought a minority stake at the top of the price cycle for this particular airport without a large enough stake to bring in their management changes that have been successful elsewhere.

 

[el_ninj0]

Re: Maquarie Airports

While I looked at the 11.3% purchase of the Copenhagen airport, I beleive that this was a good strategy, as it increases their market capital and raises revenues. Which is what I think a good company should do. Also, If what you say was the case, then wouldn't you sugest that the directors of this company have been negligent in purchasing an asset for the company that will downgrade its share prices?

 

[doctorj]

Re: Maquarie Airports

10% close enough to 11.3% when going from memory, right?

Directors have a fidiciary duty to maximise shareholder VALUE, not the share price. If the market and the directors agree, then they move in the same direction. If not, there's a divergence. Though, with MAp's management history, you would think any divergence is only short term. I don't have the charts with me, but perhaps this is a buying opportunity.

 

[el_ninj0]

Re: Maquarie Airports

I would defintely say its a buying opportunity. MAPs management history looks pretty damn good to me, I just cant see why the market would react in the way it has towards a positive announcement.

Also, currently, its a sellers market, so why do people continue to sell at extremely low prices? when they could clearly be getting a much better price for their stock.

 

[GreatPig]

Re: Maquarie Airports

Here's a chart of MAP. Current price today is $3.15.

Cheers,
GP

 

[el_ninj0]

Re: Maquarie Airports

Thanks for the chart, Interesting information on it. This is the biggest fall MAP has had since it first floated. Thats why im cautious about it. I can really only see it going up from where it is at the moment.

 

[emily]

Re: Maquarie Airports

MAP sure has a good historical management, duno wot trigger the fall however it should go up... makes sense that the purchase of an asset is to increase revenue...
I'v been following MAP for a while now, and im hoping its not a negligence from the director, otherwise good game MAP


emily

 

[el_ninj0]

Re: Maquarie Airports

I agree emily, they have been going very well for the past 2 years. But I think it would be interesting to know what did trigger the hefty fall of the past 1-2 weeks. Im sure they will go back up, just when is the answere...

 

[RichKid]

Re: Maquarie Airports

That long candle down suggests panic overselling, I'm looking for another higher low for entry at about 45 degrees, may bounce off lower trend line but it looks ok.

 

[chicken]

Re: Macquarie Airports

I bought into this company 2 days ago...why...check their report..assets have increased ,to over 4 billion $$$ their earnings to 73c EPS...their PE is 4.5....Auckland airport shares were last year $3...now trading about $8...so this group much larger plus good management plus pays DIVIDENT..plus I say it will go MUCH higher because its a joke a company with PE4.5.... UNDERVALUED by the market..also reading SMH...they are saying that 19billion $ is going to hit the market next months..so fundmanagers will be looking at stocks such as MAP..I am on board and very comfortable with it..what is it worth $5 to $10.....you be the judge my target is at least $6 as even a PE of 9 is low....

 

[el_ninj0]

Re: Macquarie Airports

I agree chicken. I sold mine at 3.37 after buying at 3.16, So I made a lil, but nothing significant. But I can see a strong come back on MAP aswell. Couldn't say when, mabey in 2 days or 2 weeks. I need some graphs so i can post better, , Like tech/a does.

 

[GreatPig]

Re: Macquarie Airports

Current chart of MAP.

Cheers,
GP

 

[chicken]

Re: Macquarie Airports

Did anyone go to the meeting....as I like to hear some comments....please?

 

[chicken]

Re: Macquarie Airports

Looks like the shareprice does the talking...should go a lot higher.....

 

[mime]

Re: Macquarie Airports

high oil prices?

 

[el_ninj0]

Re: Macquarie Airports

high oil prices?

Airlines pay for fuel, not airports.

 

[chicken]

Re: Macquarie Airports

It seems to want to go higher...anny comments ?

 

[el_ninj0]

Re: Macquarie Airports

It seems to want to go higher...anny comments ?

Very high volume today, depending on the market conditions tommorow, i'd expect to see either a small increase or a very large increase.

Might be a good time to get back in.

Wish I had some spare cash, i'd definetely be backing it.

 

[son of baglimit]

Re: Macquarie Airports

apparently the inbound passengers & flights to rome have increased this week - who owns rome airport ??