MSG mcs services limited

Ann: Appendix 4C - quarterly, page-2

  1. 2,474 Posts.
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    Same numbers on the new 4C template by the looks of it.

    The new 4C template no longer requires a forecast of outgoings. This stemmed from a review the ASX took in October 19 and was implemented this quarter.

    The section below is new and replaces the outgoings forecast with the number of Quarters operating capacity the company has based on the most recent OCF number.

    So in our case you don't get a forecast 7m expenses like you did in the old template you get the table below. In our case since last quarter was positive Item 8.5 is infinity!

    Terrible decision by the ASX to implement this on the basis of one request in their review.

    Quite a few companies will need to re-issue Q1 4Cs on the now less transparent and shareholder friendly template based on the ones I follow. Doesn't look like ASX did a very good job of communicating the change

    https://hotcopper.com.au/data/attachments/2160/2160637-89c4bb00974bd857516df2b9297a9542.jpg

 
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