" Maxsec and FFT are both finding it hard to be successful...

First 6 Last

Share
Profile

Follow
Klue

6,994 Posts.

428

01/11/17

17:32

Post #: 28407636
Share

Originally posted by Investor50 ↑

Your points about FFT are valid but I would like to add some further thinking if I may. Maxsec and FFT are both finding it hard to be successful because of their small size. Notwithstanding your very valid concerns about FFT, which I agree with, I have some concerns about Maxsec as well. The Ava business looks nice, but Maxsec shareholders only get 68% of the Ava profits, as the operatives in the Ava business enjoy a shared bonus pool of 32% of the profit. In other words, when Ava starts making money we the shareholders will only see 68% flow to the bottom line. Also, the BQT access business has struggled to get traction for 10+ years of operation, and is a drag on the current Maxsec business.

The benefits of a merger (I wont reiterate the benefits as that has already been covered) will give the combined Maxsec/FFT company a much better chance to operate successfully in what is a very competitive global marketplace. As a shareholder of both companies, I feel the merger deal is reasonable and that the value for both groups of shareholders will improve as a result. IMHO

Expand

" Maxsec and FFT are both finding it hard to be successful because of their small size"

BQT and FFT are finding it hard, AVA is not! This, yet again, is what is the problem in this deal.

MSP Price at posting: 2.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

88E

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

HVN

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

EXR

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

Essential Energy conference: Streamlining approvals key to the green energy transition

There are more pages in this discussion • 12 more messages in this thread...

First 6 Last

Add MSP (ASX) to my watchlist

" Maxsec and FFT are both finding it hard to be successful...

Top Stories

HotCopper users smell capital raising as 88 Energy says "significant update" at Phoenix

Harvey Norman clocks subdued gains as Echo Law's junk warranty class action kicks off

BPM Minerals hits high-grade gold at the Claw Project WA; shares jump 86%

Essential Energy conference: Elixir talks up unlocking QLD's Taroom Trough

Essential Energy conference: Streamlining approvals key to the green energy transition

Featured News