MSM 0.00% 5.9¢ msm corporation international ltd

Questions to Dion, page-24

  1. 2,242 Posts.
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    That's a valiant attempt however you seem to conflate revenue with earnings. Your sum of $16.6m of "earnings" seems to come at no operating cost and zero capital expenditure It's a miracle! I guess on your analysis the $4m runrate of staff costs in the last quarterly will simply cease to exist as the business will run itself? I guess based on your analysis also the $3m in advertising and marketing costs spent to promote the first competitionwon't be required at going forward? I see both this assumptions as absurd and I have just halved your Alleged 'NPAT' # And of course on your analysis is there is not a single dollar left to spend on the technology... unlikely Furthermore this company has no money so your fully diluted share count is wrong as it be raising a boatload of cash in Q1 to keep the lights running and this dilution will likely be coming at a less than lofty share price to who knows how many shares get added to the FD count 59m? 100m. On this basis alone your maths is off by 20% In short your analysis is deeply flawed
 
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Currently unlisted public company.

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