MSG 0.00% 0.4¢ mcs services limited

11% div on a 0.029 sp !, page-15

  1. 63 Posts.
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    At this infancy stage, MSG is in my opinion, not in a position to distribute dividend (as judged by their net cash position in the last quarter and their plans for expansion). If the cashflow is as per prospectus, then maybe. But last year has not been as great as management would like to be in terms of cashflow, it would be prudent for management now to conserve cash.

    IMO, MSG is still a better company than the majority of micro-caps out there, this is a company with lots of potential, but they have to be careful with expenditures.

    My 2cts
 
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