MSG - spectacular quarterly released last night showing another $6.4m in revenues for the quarter & cash flow positive of almost 200k
That's 2 consecutive quarters of >6m rev (each) & 200k cash flow positive (each)
Not bad for a company trading 4m mkt cap with 1m cash (& building) ...
CEO also owns 35m shares (almost 20% of the company) - so he will want to aggressively drive those expansion plans in to the eastern states. The commentary shows that they obtained a 'security license' for Victoria in the quarter, so presumably that'll be the first eastern state they target.
Day Trading Pre-market Open – 30 Apr 2019, page-42
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