clearly the markets silly obsession of flogging all companies with debt on their balance sheets is yet another example of the complete idiocy we have come to expect from analysts and fund managers. it was not that long ago when the same people were punishing companies with so called 'lazy' balance sheets. its also interesting that analysts from some of the largest investment banks in the world [true idiots] were saying oil was on its way to $200 and now they are saying its on its way to $20. All this within 5 months. The drop in the oil price is good for the economy and helping airlines ride out the cost curve. Our airlines got through the oil price high and so will the airport. MAP is telling the market that it does not think it has a problem with its dividend and nor does it care about paying down its debt. It seems that its message to analysts and freaked out fund managers is clear at this point.. if you don't like it, then sell the stock to us at a massive discount. Have a nice day.
MAP Price at posting:
$1.97 Sentiment: Buy Disclosure: Held
