Malmanu - I just saw your comparison with People Telecom...
But the comparison with IIN is much more striking.
Very similar revenue. Same sort of payables/receivables amounts. But IIN has stacks of intangibles and goodwill propping up equity (negative NTA vs $43m for MAQ) and MAQ has more cash.
IIN makes a profit of $19m vs MAQ loss... MAQ seems to have higher payments to suppliers and employees for same turnover. Why is that? Do they generally pay staff better? Without the big difference in costs, MAQ would be by far the better company.
Yet MAQ market cap of $16m. IIN market cap of $181m...
Will be interesting to see what magnitude of profits they can start to carve off from this half year.
MAQ Price at posting:
80.0¢ Sentiment: Buy Disclosure: Held
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)