MSG 33.3% 0.2¢ mcs services limited

Ann: Change of substantial shareholding from AEF, page-9

  1. 1,052 Posts.
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    Up another 9% today.
    Capital H Management P/L have increased their stake to 22%
    Very tightly held now, with very few shares available.
    Shouldn't be too much resistance between here and 10 cents, then we start jumping in half cent increments.
    Will still be good value at 10 cents.
    Low SOI @ 180 odd million with buy back currently in place.
    No debt and very healthy cash balance in the bank.
    Conservative management and plenty of runway for growth.
 
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