Australia's largest stock trading and investment forum Australia's #1 stock forum

MSG

Click for more information

50.0%

0.1¢ mcs services limited

Ann: Capital Restructure and Dividend Guidance-MSG.AX, page-5

First 5 Last

Share
Profile

Follow
edshann

2,319 Posts.

700

07/09/16

11:21

Post #: 18987663
Share

Originally posted by smallish ↑

showing optimism there Fman. To me it shows they were not ready for life on the ASX. They will struggle to win support from investors for some time i suggest. The dividend is just a ploy to get people to look ahead. This is a tiny company and they should be reinvesting not paying out dividends, especially when as evidenced by this announcement they seem to have issues with working capital and expenses. If they are to make headway they need to find some chunky acquisitions on the east coast and be prepared to raise equity. The Vendors of the original business to me seem like they might not have the wherewithal to do this and are more focused on trying not to be diluted. Imaging if the guy that ran Vocus Communications took this approach, he'd still be mucking around with a $50m company and not the $4.6billion it actually now is.

Expand

They don't have enough cash to buy businesses, so paying a dividend to get the share price up seems a good option if it allows them to buy businesses using shares, or by issuing new equity at a reasonable price.

MSG Price at posting: 3.6¢ Sentiment: Hold Disclosure: Held
1 Upvote

0 Great analysis

Reply

Top Stories

RNU

Renascor wins a funding boost given it wants to produce a critical mineral – but $5M award pales in comparison to some

TLX

Telix jumps 11.6% as US government indicates proposed medicare changes won't affect prostate cancer drug

TX3

Canadian fieldwork yields multiple pegmatites for Trinex

AUG

Augustus sees imperial share rise on high-grade Cu and gold results at Ti-Tree

I88

Infini soars 50% as company reveals it could’ve just made uranium history – redefining what it means to be “high grade”

There are more pages in this discussion • 10 more messages in this thread...

First 5 Last

Add MSG (ASX) to my watchlist

(20min delay)
Last 0.1¢		Change -0.001(50.0%)		Mkt cap ! $198.1K

Open	High	Low	Value	Volume
0.1¢	0.1¢	0.1¢	$12.41K	12.41M

Buyers (Bids)

No.	Vol.	Price($)
2	1111513	0.1¢

Sellers (Offers)

Price($)	Vol.	No.
0.2¢	5233300	3

View Market Depth

No.	Vol.	Price($)
2	1111513	0.001
0	0	0.000
0	0	0.000
0	0	0.000
0	0	0.000

Price($)	Vol.	No.
0.002	5233300	3
0.003	631800	2
0.004	938685	3
0.010	400000	1
0.000	0	0

Last trade - 15.52pm 11/07/2024 (20 minute delay)

MSG (ASX) Chart