There doesn't seem to be many interested MAP investors talking about this stock.
Well, I'm detecting some pick up in the share price. But I can't understand for the life of me why the price has reversed this much. It has nil exposure to the credit crunch, as it sits on a mountain of cash from it's Burmingham and Rome sales, it's traffic growth is healthy across the board, it's profits are stable and it has the best brains in the business.
I personally don't want to see MAP make a capital return to shareholders if it can't deploy all of it's funds. I'd rather it sit on the cash, hold it for safe keeping while the credit crisis still looms thus insulating investors from exposure, and deploy once a good investment arises.
Other points of view from fellow investors?
MAP Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
