MSG mcs services limited
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Ann: Contract at Major Tourist Attraction, page-9

  1. ma420
    8,327 Posts.
    lightbulb Created with Sketch. 2081
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    06/02/20
    22:59
    Post #: 42791882
    So, I got sucked in!

    Seeing the 4C quarterly as at 31/12:

    Net cash: $2.2Mn
    Receivables: $1.1Mn
    Total: $3.3 Mn
    Market cap as of yesterday 5/2: $3Mn

    So virtually the company was available for zero cost.

    With 25% SP increase today, it is available for $1Mn, and has forward looking orders for $3Mn. Should I have bought or not?

    MSG Price at posting: 2.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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