Macquarie Leisure

Macquarie Leisure Trust Group (MLE)

Stock Code

MLE

Stock Exchange

ax

Macquarie Leisure Trust Group (MLE) is an Australian based company that is engaged in the property investment in the leisure and entertainment sector in Australia, New Zealand and the US. Aside from its investment interests, MLE also owns and operates leisure assets like the AMF, Kingpin Bowling Centre, Dreamworld, d’Albora Marinas as well as other offshore family entertainment assets. MLE was listed on the Australian Stock Exchange on the 11th of June 1998. Its average annual revenue reaches $247 million.

Macquarie Leisure Slashes Asset Value


Macquarie Leisure Trust Group (MLE), that owns and runs Dreamworld and WhiteWater World, AMF bowling alleys and marinas stated that the global financial crisis lead to a 9 percent fall in the value of its assts to $620 million. According to the chairman of the trust, lower valuations reflected earnings trends and general softening in the cap rates reflective of the ongoing market situation.

MRE Reporting Season Update


Macquarie Research Equities (MRE) has noted that about 65% of companies now having reported their profit results to the market. Stocks in the ASX100 have recorded 22 positive surprises and 9 negative surprises for the reporting season to date. The Ex100 was more volatile and reported 29 positive and 28 negative surprises.

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