re: Ann: Change of Director's Interest No...
IPO @$1.47 last year, off over 55%, IMO, its a good buy for now.
It recalls what happened to another similar stock, CKF, floated @around $2, then announced bad news, dropped to $1, now recovered to over $2.
MCS is complete different to FGE, someone mentioned, FGE couldn't make profit and have cash flow problem. According to this week's updates, MCS will be achieving a EBITDA of $51m for second half year. Other two main divisions still are making good profit. Profit margin over 23%.
CBA has been buying MCS all the time.
MCS Price at posting:
66.0¢ Sentiment: ST Buy Disclosure: Held