MSG mcs services limited
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Revenue increased by 25% half year on half year so I don’t think...

  1. Papito
    96 Posts.
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    09/05/19
    12:42
    Post #: 38486420

    Revenue increased by 25% half year on half year so I don’t think the 30% increase in trade receivables is abnormal. This is especially the case for a business which would has more ad hoc work in the December quarter.

    Importantly, I can’t see any bad debts or provisions for bad debts in the accounts. This isn’t surprising as their clients are large shopping centres etc.
    MSG Price at posting: 1.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 3  Upvote
    lightbulb Created with Sketch.  Great analysis
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