Land Adds To MAP Valuation - Smith Barney
Wednesday, May 04, 2005 11:03:16 PM ET
Dow Jones Newswires
1249 [Dow Jones] STOCK CALL: Smith Barney retains Buy recommendation on MAP (MAP.AU), saying airports are becoming more shopping centers, business precincts and car parks rather than just transportation hubs and broker's base case valuation A$3.45 excludes vast tracts of land awaiting development at all its airports. If include land bank at Sydney, Rome, Brussels and U.K. airports, "blue sky" valuation of MAP rises by A$1.40 a share to A$4.85. Broker says MAP remains preferred exposure in sector. MAP last down 1 cent at A$3.42. (MCM)
Contact us in Sydney. 61 2 8235 2950;
[email protected]
(END) Dow Jones Newswires
May 03, 2005 22:49 ET (02:49 GMT)
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Last
18.5¢ |
Change
-0.005(2.63%) |
Mkt cap ! $73.89M |
Open | High | Low | Value | Volume |
19.0¢ | 19.0¢ | 18.5¢ | $3.333K | 17.54K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 122700 | 18.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
19.0¢ | 238411 | 3 |
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