MSG 0.00% 0.4¢ mcs services limited

Hi Pinata, Thanks for your response.I disagree they have done...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 234 Posts.
    lightbulb Created with Sketch. 49
    Hi Pinata, Thanks for your response.

    I disagree they have done well due to covid. I actually think covid has hurt them slightly due to no music events, stadium work etc.

    I think they have actually been profitable since IPO if you add back all the one-off expenses, regarding Intega acquisition, customer contract write downs & settlement with JBL etc. Yeah, it is probably more prudent for management to keep cash but was just a thought on an option that would provide shareholders a great return & may get the market talking. I'm expecting cash on the books would be over $5m by now which just makes it seem even more of a bargain.
 
watchlist Created with Sketch. Add MSG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.