SYD - Sydney Airport

[el_ninj0]

Re: Macquarie Airports (MAP)

The fact that they are an Interest sensitive stock, and the recent talk of rising Interest retes has not helped them.

The buying of Prauge will require a Capital raising of some sort, hence more debt, more Shares = Lower Share price. But still worth watching.

I think its a bargain price too at the moment mikeg, but you know what they say, try to pick bottom and get smelly finger. I dont know where the bottom is going to be, but i'd say it'd be quite soon, as the doom and gloom of the past 2 weeks has vanished into history already. On the chart, i dont think it looks good for the moment, looking at probably down to $2.80 i think from an analysis of the chart.

Good company in my opinion, and looking to get better very soon, if your looking for a long term, you cant go wrong here imo.

 

[RichKid]

Re: Macquarie Airports (MAP)

Good company in my opinion, and looking to get better very soon, if your looking for a long term, you cant go wrong here imo.

Famous last words? Just a reminder about giving advice, no matter how well meant it may be. I trust no one will consider this to be financial advice as only a ASIC licenced person can give such advice.

Please don't be offended El ninj0, we all have to be very careful about our posts.

 

[el_ninj0]

Re: Macquarie Airports (MAP)

Famous last words? Just a reminder about giving advice, no matter how well meant it may be. I trust no one will consider this to be financial advice as only a ASIC licenced person can give such advice.

Please don't be offended El ninj0, we all have to be very careful about our posts.

It wasn't advice RichKid, and im not offended. I have a footer note if you havn't noticed that refers to this topic.

Just stating my opinion, thats all. No one should take it as advice.

 

[RichKid]

Re: Macquarie Airports (MAP)

It wasn't advice RichKid, and im not offended. I have a footer note if you havn't noticed that refers to this topic.

Just stating my opinion, thats all. No one should take it as advice.

That's cool, it was just the phrasing that caught my eye.

MAP is at a crucial stage btw, some support appeared this week but it's got to hold. I see something that resembles a head and shoulders reversal pattern but it needs to be confirmed. If it isn't then this recent monthly price action is a consolidation phase before another powerful thrust up. Too early to call atm, nearing uptrend line.

 

[el_ninj0]

Re: Macquarie Airports (MAP)

Im betting on the upthrust RK, i dont hold at the moment, but im thinking of getting in pretty soon. I think its still stuck in a range at the moment, so we'll see how far it has to go soon enough.

 

[mikeg]

Re: Macquarie Airports (MAP)

I was also thinking Head and Shoulders, and has also bounced off the 38.2% retracement at $2.90.

Also wondering if all this talk about the "Bird Flu Epidemic", will start to have an effect on travel numbers in the near future.

 

[chicken]

Re: Macquarie Airports (MAP)

I was also thinking Head and Shoulders, and has also bounced off the 38.2% retracement at $2.90.

Also wondering if all this talk about the "Bird Flu Epidemic", will start to have an effect on travel numbers in the near future.

Re travell in future anybodies guess....now that takover of the Copenhagen Airport is a much intresting situation...if anyone read what they own...just a few notes...During the period Copenhagen Airport was selected by the Bulgarian Goveerment as preferred concessionaire for the airport of Verna and Bourgas by the black sea Negotiation have been initiated between Copenhagen Airports and the Bulgairian Ministry of transport with a view of fivxing a term for 35 years consession agreement The parties expect to conclude a final agreement on the terms of the concession agreement in the 2nd half of 2005..It owns 15% of ASUR Mexico...which operates nine airports serving some 14 million passengers Copenhagen Airports also owns 49% of Newcastle AirportUK,and 20% of Hainan Meilan Airport China.....so these assets will be a mighty boost for MAP...when the takeover has been concluded....their valuation per share is $3.03 and good divs ....good longterm gain here...yes I am holding shares in this company....trading at Valuation at present.....

 

[markrmau]

Re: Macquarie Airports (MAP)

Good to see you back chicken. I didn't want to join another board to hear what other zfx/sbm tips you had.

One thing about map, there was an article in fin rev about 3 days ago saying S&P were considering downgrading their bonds close to junk status because of one of the recent takeovers. I may have the details wrong though.

 

[Lachlan6]

Re: Macquarie Airports (MAP)

What about a double top pattern for this stock. Seems to me that it has broken through support this week at about $3.05. It seems to me that the next major support is the 50% retracement level at around $2.20. If so, this stock has a long way to fall. 30 week MA has crossed through the 21 week MA also, another negative sign. This stock may be a good short as a CFD. Another thing, look at the massive bearish divergence in the RSI from the two highs in early Feb this year and also June of this year. To me this stock has only got one way to go. Its only saving grace it would seem now, is a strong move back above now turned resistance at $3.05.

 

[Kauri]

Re: Macquarie Airports (MAP)

On weekly chart..

 

[chicken]

Re: Macquarie Airports (MAP)

Good to see you back chicken. I didn't want to join another board to hear what other zfx/sbm tips you had.

One thing about map, there was an article in fin rev about 3 days ago saying S&P were considering downgrading their bonds close to junk status because of one of the recent takeovers. I may have the details wrong though.

I think Maquarie are getting to large for the Australian market and may move overseas...thats what will happen I feel

 

[chicken]

Re: Macquarie Airports (MAP)

Looks like MAP is becoming popular again....glad they did not buy Budapest..and the market did not like it..TOO DEAR...but Copenhagen now here we are talking great figures with large potential....looks as if the market likes it....as the SP is rising....own shares here and am in for the long haul to $4

 

[chicken]

Re: Macquarie Airports (MAP)

Looks like MAP is becoming popular again....glad they did not buy Budapest..and the market did not like it..TOO DEAR...but Copenhagen now here we are talking great figures with large potential....looks as if the market likes it....as the SP is rising....own shares here and am in for the long haul to $4

Looks as if something important is happening..anyone its 10.17 am and no trade has taken place plus good orders are coming in....

 

[chicken]

Re: Macquarie Airports (MAP)

Looks as if something important is happening..anyone its 10.17 am and no trade has taken place plus good orders are coming in....

It finaly traded..just results out for Rome,Copenhagen...both good performing results...I wonder when this stock will be upgraded...Copenhagen once the takover has been completed...MAP will be one of the largest in the world...this share is getting more intresting by the week..I think as soon as Copenhagen is in the fold we may see a good upgrade by the brokers.....I am glad Budapest went by the wayside...too dear and the eastern block is allways suspect...stick to Europe Mexico and China.....after all Copenhagen is involved in these countries..and good management.....in Copenhagen Airport...may become a good thing for MAP as Copenhagen management are good performers....and will bring new blood into the equasion

 

[chicken]

Re: Macquarie Airports (MAP)

It finaly traded..just results out for Rome,Copenhagen...both good performing results...I wonder when this stock will be upgraded...Copenhagen once the takover has been completed...MAP will be one of the largest in the world...this share is getting more intresting by the week..I think as soon as Copenhagen is in the fold we may see a good upgrade by the brokers.....I am glad Budapest went by the wayside...too dear and the eastern block is allways suspect...stick to Europe Mexico and China.....after all Copenhagen is involved in these countries..and good management.....in Copenhagen Airport...may become a good thing for MAP as Copenhagen management are good performers....and will bring new blood into the equasion

Looks as if Copenhagen is in the bag..once that is all clear a rerating of MAP WILL OCCOURE..I am holding also December the books will close and Div is paid....$4 will then be in sight....looks to go a lot higher....PE of 5 we will get 49% of Newcastle in England...plus Mexico 10 airports I think Copenhagen owned 10%.....

 

[Nap]

MAP - Macquarie Airports

Can anyone shed some light on where they think Macquarie Airports is headed. Has had a stella 18 months but is now starting to slip. NAP

 

[chicken]

Re: Macquarie Airports

Can anyone shed some light on where they think Macquarie Airports is headed. Has had a stella 18 months but is now starting to slip. NAP

This is great stock...will go higher as soon as Copenhagen Airport is absorbed...GOOD dividend stock...good longterm investment...I am holding for longterm gain...my target is $5 on this....

 

[Lachlan6]

Re: Macquarie Airports

Well from a technical point of view, there is no doubt that MAP looks shaky currently. A double top pattern was confirmed in mid October, and although the stock rallied back, it seems that a down trend is now on the cards. Huge negative divergence in RSI and if important support is broken at $2.90, watch out. MAP is not a stock I would want in my portfolio.

 

[chicken]

Re: Macquarie Airports

Well from a technical point of view, there is no doubt that MAP looks shaky currently. A double top pattern was confirmed in mid October, and although the stock rallied back, it seems that a down trend is now on the cards. Huge negative divergence in RSI and if important support is broken at $2.90, watch out. MAP is not a stock I would want in my portfolio.

we are talking of what the company does the money they are making...you are only looking at the graph...well even the graph is wrong..i made a search of what they got and where they are heading..<edited> ...I am holding and if you understood what Copenhagen has got etc then you would know, <edited>..they are with Copenhagen now the largest Airport owners,...and are making fistfull of money...show me a stock which is making money such as MAP the stock is manipulated like hell...their PE is 5 and next year they be paying 23cents div....not to have it in your portfolio...<edited>...they are the largest infrastracture Airport owners in the world..with Copenhagen they have over 25 million people going through their doors..and last year thety made over 57 cents per share profit.....aND 2005/2006 IT WILL EVEN BE HIGHER

 

[mit]

Re: Macquarie Airports

we are talking of what the company does the money they are making...you are only looking at the graph...

Chicken,

lachlan is not saying that he would never buy it just that currently the technicals look bad. If the technicals start looking better then he may buy into it. Even though you may not get in at the bottom, buying shares when the technicals are good increases the probability of a profit. Also, it means you money is employed when the market agrees that the company is worth buying.

MIT