MSG mcs services limited

Ann: Stadium contract, page-10

  1. 2,471 Posts.
    lightbulb Created with Sketch. 733
    It is worth detailing the previous contract wins as well, as these add to $2.6 million on an annual basis, though less in 2017-18:
    1/8 takeover of State Security annual revenue $1.8 million, though payment is made by monthly instalments from cashflow. Said at time little addition to overheads.
    14/9 covert retail annual revenue $600000
    18/10 schools/local government annual revenue $200000.

    If this stadium contract is $3 million in this half year that suggests revenue could rise from $18 million last year to perhaps $23 million this year, assuming $2 million from the other new contracts.
    At 20% gross margin (22% last year) this generates $4.6 million gross profit.
    Some rise in overheads and payments to State Security could leave $1 million profit less tax.
    At a multiple of 10 (consistent with share price and last year's profit) that suggests a share price of 3.7 cps.
    There is a lot of speculation in the above so we need clarification in the quarterly/half yearly.
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $990.4K
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
3 1616046 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.6¢ 84541 1
View Market Depth
Last trade - 16.21pm 24/06/2025 (20 minute delay) ?
MSG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.