MSG mcs services limited
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Net cash used in operations $4580000. Outflow expected next...

  1. edshann
    2,470 Posts.
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    01/11/19
    10:31
    Post #: 41193484
    Net cash used in operations $4580000. Outflow expected next quarter $6375000 and revenue this quarter was $6099000 so looks like there will be negative cash flow for the half year. This looks like a rocky period. You should have plenty of sellers.

    They need the offices in Victoria and NSW to actually win some business and the ISO to open up contracts in marine and oil and gas. They have put in place the building blocks (at last), but they now need to deliver. I have moved on.
    Last edited by edshann: 01/11/19
    MSG Price at posting: 1.9¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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