SYD - Sydney Airport

[Barndat]

Re: Macquarie Airports

Wow, consider yourself told off Lachlan6…
MAP has been coming down for the last 6 months though prior to June it had a good run up since May 04. I held back buying in last week until the end of the very bullish day on Dec 7 when it looked like closing above Nov 22 high so I entered the trade. I was a disappointed when two days later it dived after the Sydney Airport news but held on to test the double bottom 2.92 on Oct 14. I was a little happier with its close today. MAP is a good stock but I will monitor it closely and will be out if 2.91 trades……

 

[happytrader]

Re: Macquarie Airports

Hi Chicken

Is this one of the Macquarie Bank 'millionaires club' portfolio or am I mistaken? Savy bunch. If it is, it looks nice at this price at this time (hmm, down for almost 2 quarters - interesting).

As always this is merely my opinion and nothing else.

Cheers
Happytrader

 

[wayneL]

Re: Macquarie Airports

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

Tone down the insults chicken. Lachlan6 is entitled to his view without you jumping all over him.

Tech traders and Fundamental traders are two different animals.

Most Tech traders couldn't give a fat rat's about p/e etc.

 

[Milk Man]

Re: Macquarie Airports

If chicken is right (usually are arent ya little chicken ) then we have come across the true driving force in markets. Sentiment. Fundamentals can be wrong (or ignored) and technicals can be wrong, but at the end of the day it is sentiment that makes things happen. By looking at price action this would seem to be "its going down; im not buying it". Please correct me if im wrong and do read below message. Make own research .

 

[wayneL]

Re: Macquarie Airports

P.S.

FWIW

I think it looks very interesting technically...lots of support @~$2.90

Cheers

 

[Lachlan6]

Re: Macquarie Airports

Chicken, the above post was upon looking at the weekly graph since MAP was listed. The stock probably does have excellent credentials fundamentally speaking. I mean, take one glance at the PE ratio of a measly 5.7 and a healthy dividend at 6.4%! However I am primarily a techy and therefore charts take precedence. They show the overall sentiment of the market and have on many occasion pre empted company announcements. MAP may rally back and reach new highs, a definite possibility. However all I am saying is purely from a technical perspective, this chart is undeniably shaky and I would definently prefer my money elsewhere (like SEN, LFE and EMI). Anyway lets see what happens .

 

[Kauri]

Re: Macquarie Airports

Are they financing the Copenhagen deal with a SPP and DRP, it may account for some of the recent weakness?

 

[chicken]

Re: Macquarie Airports

Chicken, the above post was upon looking at the weekly graph since MAP was listed. The stock probably does have excellent credentials fundamentally speaking. I mean, take one glance at the PE ratio of a measly 5.7 and a healthy dividend at 6.4%! However I am primarily a techy and therefore charts take precedence. They show the overall sentiment of the market and have on many occasion pre empted company announcements. MAP may rally back and reach new highs, a definite possibility. However all I am saying is purely from a technical perspective, this chart is undeniably shaky and I would definently prefer my money elsewhere (like SEN, LFE and EMI). Anyway lets see what happens .

My apology what I was trying to say people not only getting rid of the water but the baby as well....this company is the largest Airport owner in the world..hugh cashflow....reason they are out of Budapest...the PRICE WAS TO HIGH....I think they were talkin $3 billion $$$ as far as Copenhagen there is Newcastle and 10 airports in Mexico a hugh operation..and should MAP keep up the listing on the danish stock exchange new money will flow into the company...what happened in October is of no consequence as all shares went down...I understood the hedgefund sold some MAP..this is good liquid stock with great potential...and will eventually go higher as thje PE5.6 is lower than most stocks.....and their earnings are even higher....good longterm investment..I am holding as present price is below asset backing of $3 a share.....

 

[chicken]

Re: Macquarie Airports

My apology what I was trying to say people not only getting rid of the water but the baby as well....this company is the largest Airport owner in the world..hugh cashflow....reason they are out of Budapest...the PRICE WAS TO HIGH....I think they were talkin $3 billion $$$ as far as Copenhagen there is Newcastle and 10 airports in Mexico a hugh operation..and should MAP keep up the listing on the danish stock exchange new money will flow into the company...what happened in October is of no consequence as all shares went down...I understood the hedgefund sold some MAP..this is good liquid stock with great potential...and will eventually go higher as thje PE5.6 is lower than most stocks.....and their earnings are even higher....good longterm investment..I am holding as present price is below asset backing of $3 a share.....

looks as if MAP got copenhagen....that means they own 49% of Newcasle in th UK, 2 airports in Denamark and own a 10% share of the Mexican operation with 10 airports....a hugh increase of operation...now what is the share worth now......?????? Perhaps a listing on the Danish stockmarket..lots of old money there.....

 

[chicken]

Re: Macquarie Airports

looks as if MAP got copenhagen....that means they own 49% of Newcasle in th UK, 2 airports in Denamark and own a 10% share of the Mexican operation with 10 airports....a hugh increase of operation...now what is the share worth now......?????? Perhaps a listing on the Danish stockmarket..lots of old money there.....

Look at the buyers lining up....we are seeing a rerating of the stock.....

 

[taurus]

Re: Macquarie Airports

Seems I've missed this boat bigtime...I was planning to buy in soon but didn't have substantial enough cash at hand. Shares jumped 12c or so today didn't they? I've been working crazy hours so I haven't been watching as closely as I'd like to.

Cheers,
T.

 

[RichKid]

Re: Macquarie Airports

Seems I've missed this boat bigtime...I was planning to buy in soon but didn't have substantial enough cash at hand. Shares jumped 12c or so today didn't they? I've been working crazy hours so I haven't been watching as closely as I'd like to.

Cheers,
T.

Not quite. In fact, not a good day at all, down day on solid volume. See the chart, has broken trendline support and is approaching a recent low, I'm very wary, could easily retest that recent low around 2.91. End of the dream run for MAP? or is this downtrend going to continue before another leg up?

 

[chicken]

Re: Macquarie Airports

Not quite. In fact, not a good day at all, down day on solid volume. See the chart, has broken trendline support and is approaching a recent low, I'm very wary, could easily retest that recent low around 2.91. End of the dream run for MAP? or is this downtrend going to continue before another leg up?

You should have posted this 2 days ago..Yesterday was an upday..it is now going through at over $3...so check your charts..

 

[chicken]

Re: Macquarie Airports

Just reading the latest...Macqurie Bank...just are negotiating with Taiwan for their main AIRPORT...MAP wanting to grow even quicker..no wonder the sellers are drying up....read on another webside the div. payout will be released on sunday..could be as high..dont quote me,as 12 cents...with a higher payout next year....also only $3.6 Billion are involved for Taiwans airport...big deal this

 

[chicken]

Re: Macquarie Airports

You should have posted this 2 days ago..Yesterday was an upday..it is now going through at over $3...so check your charts..

Rich KID...I think looking at your chart MAP had formed a double bottom...meanig things are getting better..UP from here

 

[michael_selway]

Re: Macquarie Airports

Rich KID...I think looking at your chart MAP had formed a double bottom...meanig things are getting better..UP from here

hi does a double bottom generally mean a higher chance of a triple bottom (or more) or higher chance of an uptrend?

Thanks

 

[chicken]

Re: Macquarie Airports

hi does a double bottom generally mean a higher chance of a triple bottom (or more) or higher chance of an uptrend?

Thanks

Any chartist will tell you a double bottom is a reversal meaning there is buying support as you have seen in the last 3 days for MAP....

 

[chicken]

Re: Macquarie Airports

Any chartist will tell you a double bottom is a reversal meaning there is buying support as you have seen in the last 3 days for MAP....

Looks as if the chicken was right again.....

 

[michael_selway]

Re: Macquarie Airports

Looks as if the chicken was right again.....

can this be applied to BSL or any other similar stocks?

 

[chicken]

Re: Macquarie Airports

can this be applied to BSL or any other similar stocks?

No look at the fundamentals, look what MAP has got ,look how much money they make ,and ,look at a PE 6.5 and look how the company is progressing and ,look at management ,do I have to say more....this can go all the way to $6 as it would only have a PE of 13 ...the market norm is PE17....So how much is the share worth...a lot more than being paid for at present...your return is 6.7% aT PRESENT SP