mfs earns 100 million ebitda 2009, page-8

U92

The business was better a month ago than it is now. Since then the NZ business has defaulted to investors, the Australian business has suspended redemptions, assets have been sold for well under what they were valued at a month ago, brand name has been extremely badly damaged.

So, whatever it was worth a month ago it is definitely NOT worth now. I have no idea of its value as the above could mean it is in permament run-down, hence worth jack, or they might be very very lucky and resurrect some level of credibility. But I'm not confident of that.

There is no doubt that 99 cents offers value, but only time will tell if it is good value or bad value. I'm kind of a fence sitter at the moment, however look to be falling on the bad value side.

MJS