MSG mcs services limited
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A loss after allowing for the back insurance, which will be paid...

  1. edshann
    2,470 Posts.
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    30/08/19
    18:06
    Post #: 40251302
    A loss after allowing for the back insurance, which will be paid over 12 months and will reduce cash flow this year. I exited before the report.

    Even looking at the underlying profit of $256000 it is on a PE of over 17. Until they get more scale I do not see this as a good investment given the low margin.
    MSG Price at posting: 2.1¢ Sentiment: Sell Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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0.001(25.0%) 		Mkt cap ! $990.4K
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