MCS 0.00% 2.5¢ mcaleese limited

Ann: Change of Director's Interest Notice - H, page-14

  1. 34,336 Posts.
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    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.
 
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Currently unlisted public company.

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