MSG
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0.00% 0.4¢ mcs services limited

Looks good. Enterprise value of around $2m and making around...

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  1. Papito
    96 Posts.
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    30/10/20
    11:23
    Post #: 48521460
    Looks good. Enterprise value of around $2m and making around $1m+ a year in cash. I wouldn’t be surprised if they announced a share buy-back soon. Buying any shares back for under 4c would be a value accretive outcome from shareholder’s perspective IMO.

    Glad they have also been investing in their quality managements systems - this should hopefully enable them to tender for higher margin contracts.
    MSG Price at posting: 3.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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