re: trading at nta Still trading at NTA in spite of: * Commonwealth games for Melbourne airport,* Big Perth airport expansion and huge distribution centre. * Perth + Gold Coast ports showing record numbers * Dusseldorf port +15% increase.
They are already showing 12% profit margin on airports, and divs are 40% franked. It is clear that infrastructure is out of favour at the moment - time to think contrarian!
ex dive date tomorrow ?, page-7
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