MFS mfs limited

mfs announcement due this coming week, page-3

  1. MJS
    2,274 Posts.
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    For MFS I don't think it's a matter of sector sentiment. It would not be prudent for them to re-list until their is certainty as to (1) the short-term debt position, and (2) the realistic value of the business.

    Although it has been mentioned here that, after selling a few funds, MFS should have the money to repay the short term debt the reality is they also need cash for working capital. I'm not sure they can spare it at the moment.

    IMO they need to wait until they have sold part of Stella so that a degree of certainty will return to the stock. Until that time all trading would be based on an uninformed market.

    MJS
 
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Currently unlisted public company.

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