MSG mcs services limited

Ann: Appendix 4C - quarterly, page-8

  1. 3,874 Posts.
    lightbulb Created with Sketch. 566
    Tricky company this one. Sold out a little while ago in the low 2's after buying and holding a decent parcel 18 months ago or so.
    Profitable but growth is kinda slow and the margins are quite slim.
    Good profit this quarter, but that always seems to the be case in this quarter if I remember correctly with the following quarters being less good.

    Would have liked to keep holding them but the market doesn't seem to like companies which make profit but don't have blue sky potential.
    IMO the market cap is a bit low here. I always thought it could be 5c and be fairly valued, but to get much beyond that they're going to need to acquire or develop something to value-add, as IMO there's no blue sky in subbing out security guards.

    Would love to see them use that $2.7m warchest of theirs to take MCS to the next level, but I ran out of patience to continue holding.
    Best of luck to those who got in on the pump today...
 
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(20min delay)
Last
0.5¢
Change
0.001(25.0%)
Mkt cap ! $990.4K
Open High Low Value Volume
0.5¢ 0.5¢ 0.5¢ $650 130K

Buyers (Bids)

No. Vol. Price($)
2 78504 0.5¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 84541 1
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Last trade - 10.55am 16/06/2025 (20 minute delay) ?
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