MSG mcs services limited
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Ann: Quarterly Activities and Cashflow Report, page-4

  1. YStrategy
    10,919 Posts.
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    27/01/17
    11:49
    Post #: 22167221
    The net operating cash outflow is -$485k but the report said they made a profit before tax of $390k so timing differences.They paid a dividend on 16/12/16 of $496k.Cash in bank is now $304k.Just my view but I would have liked to see positive operating cashflow to back up the forecast profit before tax of $390k.
    MSG Price at posting: 2.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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