MSG mcs services limited

MSG chart, page-17

  1. 378 Posts.
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    There is very solid reason to aim high here depending on several facts.
    Current income for 4 quarters = 1.467 mil which indicate EPS = (1.467 - 0.2)x0.7/189.31 = 0.0046 $ or 0.46 cents.
    • Notes: -0.2 is for paying off the last bit of debt.
    • x0.7 because we need to pay some tax on it so we have about 70% of the cake only.
    • /189.31 is the total shares up to date.
    Here we go, the average PE for the industry is around 14+. Which means the fair value for SP would be 6.4 cents.
    However, I will humbly aim for 4.6 cents in this case to be more realistic.
    All current contracts are ongoing and provide steady income in at least 2 years time with potential increase.
    So the risk is in low-medium range here.
    Also, I only expect div payout at 60-70% of NPAT.
    @vinn
    Last edited by GoldenSoul89: 27/08/19
 
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Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $990.4K
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $393 78.50K

Buyers (Bids)

No. Vol. Price($)
4 1799246 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 421496 1
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Last trade - 10.04am 17/06/2025 (20 minute delay) ?
MSG (ASX) Chart
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