MSG mcs services limited

Yes it's not a sexy stock but very predictable. Business is...

  1. 234 Posts.
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    Yes it's not a sexy stock but very predictable. Business is doing fine. Revenues grew 33% PCP & have been growing 18% CAGR since 2017.
    I think it was just a sell off from short term speculators, nothing material has changed since last quarter. Company has $4.5m cash & no debt so solid balance sheet. I also note that admin costs were down this quarter also but offset by staffing costs. I'd also note that we are coming into Q2 which has been historically the best reporting quarter due to christmas, extending shopping centre hours, events (test cricket matches) etc.
    Would be good to finally break through on the east cast though.
    Last edited by ShaneW88: 29/10/21
 
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Last trade - 16.12pm 19/06/2025 (20 minute delay) ?
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