MSC minerals corporation limited
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future looks good

  1. steve50
    374 Posts.
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    27/10/09
    17:35
    Post #: 5837902
    This announcement of many orders coming on stream looks good for MSC. Based on orders announced or about to happen leaves us with $70mpa earnings(mostly profit). With 6b shares, 1.2c eps, pe of 12, leaves us with a sp of 14c. Looks like it is all about to happen. Taken a long time but that was expected with developing a new product then getting market acceptance. This issue will be gobbled up by brokers supporting the stock if shareholders don't take up their full entitlement.
    MSC Price at posting: 25.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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