re: map 2006
Tibbs, your contrarian view is appreciated, and different views are what makes a market move.
However, in periods of inflation and inturn interest rate concerns, infrastructure investments tend to fall in value. This was highlighted to me recently at a broker briefing by Bell Potter. They, as I do, believe the sell down in MAp had been overdone....with a bit more certainty with regards to inflation, they (and I) believe that MAp will rally again shortly. Most analysts have $4 on it today. Thats without any of their Sydney landbank....(woops, did I say that) I mean Sydney Airport development plans being approved.
Kiril.
I hold.
MAP Price at posting:
0.0¢ Sentiment: None Disclosure: Held