Management Resource Solu... Share Discussion Threads

[depjoe] 11/3/2019 20:35

poor old dave another failure

[12bn] 11/3/2019 13:28

Oh dear. Never mind the more posts the more PIs see MRS,the multi-bagger of the future. :)

[master rsi] 11/3/2019 13:00

And I would suspect you are talking about the B@stard
- apfindley - not only has Dementia but a new one in the list is a HYPOCRITE, well documented on the secretary research.

Yes he talks from his back S!de and then forgets on using the toilet paper, no wonder he eats it on the floor.

Find the camera or is going to go wild on Twitter of more picks on your Pig stay place.

Don't mess with the Best

[master rsi] 11/3/2019 12:49

thehitman1

re - Some very childish posts below

We will forgive you, but I am sure you mean above, as the ones below were not posted yet.

[depjoe] 11/3/2019 12:04

hatey still hiding his tweets but for the mugs who follow him LOL

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[depjoe] 11/3/2019 11:54

oh dear having a bad day here as well dave

[thehitman1] 11/3/2019 11:02

Looks like the moron 0.00000012iq has followed me into Toop.

[thehitman1] 11/3/2019 10:29

Down again, 0.00000012iq

[thehitman1] 11/3/2019 07:33

0.0000000012iq is well used to everything being down in his sad life.

[thehitman1] 11/3/2019 07:31

Some very childish posts below, grow up people.

[apfindley] 10/3/2019 22:18

Ceilos : "Sooory I no good a the speak inglish i is a new here." Ceilos: "... Oh hold on, I do speak English and I came here because I dont like apfindley deramping on another failing stock where I'm under water. I'm so butt-hurt about his deramping that I came onto MRS to say he's a naughty boy for picking fault with my investment on another stock which I was hoping to hold long term for 3 days"Haha you saddo Ceilos.

[cielos] 10/3/2019 21:09

High guys new here, some very good posts last Friday compare to the other threads.
Share price look very undervalued, but something is wrong somewhere, must investigate further.


>>> apdindley sounds a desperado Hypocrite, deramping shares like no tomorrow everywhere and then complains when someone posts here a good overview resume of the company.

[master rsi] 08/3/2019 18:04

apfindley

I will have the last LAUGH as your DEMENTIA at 48 years old have to be look after.
You were the first to mention "laughing" as "12bn" said to you.

apfindley 7 Mar '19 - 01:28 - 790 of 843
Sorry, I cant even reply properly as I'm laughing so much at what you wrote.

Master RSI7 Mar '19 - 12:22 - 798 of 843 Edit
re - I'm laughing
I am the one Laughing, as is going further down to reach the lows 4.10p of January 😂

apfindley8 Mar '19 - 08:12 - 815 of 843
Don't bring me into your childish little spat 12bn.
People make or lose money on their OWN decisions. MasterRsi was the one who was laughing. Learn to read properly.!!

12bn8 Mar '19 - 08:19 - 816 of 843
Here is your post apfindley and YOU WERE LAUGHING,it is YOU WHO SHOULD LEARN TO READ PROPERLY.

[king suarez] 08/3/2019 17:30

The EPS would have fallen (further) if the company had stood still since profits would have been flat and the tax charge higher due to having used up deferred tax assets? There is nothing MRS can do to prevent paying taxes, short of becoming loss making (and nobody wants that).

Revenue, profits before tax and operating cash flow increasing are all promising, healthy signs (especially cash flow, which I am much more interested in).

Profit, whilst a useful indicator, is still an accounting term and can be manipulated with differing rates of depreciation etc, whereas cash flow is undeniable and what ultimately drives (and makes or breaks) a business and on that measure MRS is in rude health. Whether that cash flow is spent on assets to grow more cash flow or on paying down debt faster both improve the balance sheet.

Dividends are also what can provide shareholder value and cash flow will eventually provide for dividend payments once CAPEX reduces and debt is further paid down.

Appreciate that directors on Aim are generally not to be fully trusted, which is why one needs to keep on top of the news flow for any signs of worry but so far it appears that cash is being wisely spent on genuine assets that is enabling positive growth.

[master rsi] 08/3/2019 17:01

King Suarez

re - Interims OK

Maybe you are forgetting that the EPS is what gives value to shareholders and valuation to the company in real terms

Profits UP
but EPS down, not good

You need earnings enhancing acquisitions to bring the company forward, acquisitions just to get the profits up is a waste of time.

I know of few companies long time ago( decades ) that made acquisitions to get turnover up and Directors remuneration well up and on so doing Large Debt, only to later go kaput ( Coloroll, Sheraton Securities, etc )The CEO of Sheraton gave me a tip at the AGM .... "contruction goes on cycles you should sell from time to time", as I said I was a 3 years holder, lucky me.

[king suarez] 08/3/2019 16:44

I suspect some of those selling (and keeping the share price down) are the contractors awarded 14m shares at 6.5p who probably want/need to realise cash?

[king suarez] 08/3/2019 16:40

So I somehow completely missed those unaudited interim results, but they look v strong to me:

EPS may come in a little lower than prior year due to:

a) Higher depreciation charge due to spend on non-current assets
b) Higher taxation due to higher gross profit and using up deferred tax asset

However:

1) Operating cashflow has increased significantly from prior year and also increased from the prior 6 months

2) Debt is lower than at 30 June

3) Cash balance is higher than at 30 June

4) Net assets show a AUD $4.5m increase in the last 6 months

So the debt to capital ratio has reduced further:

(17,477k + 2,491k) / (17,477k + 2,491k + 14,793k) = 57%

Down from 66% at 30 June 18 and down from 83% from June 17.

This is all good news in my book.

[master rsi] 08/3/2019 16:30

King Suarez

re -earlier figures

meaning earlier guidance will not be fulfilled after the poor EPS Interim

I know about AGM (resolution 4) but some sort of money has to be raised to bring the debt down or you will not see a profit on the shares for a long time otherwise.

[apfindley] 08/3/2019 16:29

At least I can write in English.Back to school for you, Master.

[master rsi] 08/3/2019 16:16

The liar has spoken

did you ever went to school, with such GUTTER language?

apfindley - Member since: 29 Jun 2010
Location Isle of Man
Age 39 years
College King's College, Cambridge

[king suarez] 08/3/2019 16:10

Master RSI,

"Those figures were from earlier, believing their Profit before tax, but after the Interim disaster on the EPS the latest half figures 1.35c less than last year 1.43c converted at A$1.80 to £, it gives EPS of 0.75p, and the Update was for full Year of 2.6/3p. If everything goes like now EPS of 1.70p will be hard to reach."

Which figures are you referring to? The latest financials are for the year ended June 18. Since then we have only had the guidance issued on 17 Jan? You've lost me... unless I have missed an RNS somewhere?

Edit: I see the RNS has been removed from LSE website? Or was never RNSd:

hxxps://www.proactiveinvestors.co.uk/LON:MRS/Management-Resource-Solutions/rns/LSE20190228070022_13984465

Also re: any potential equity raise - this proposition was voted against at the latest AGM (resolution 4) and so is not on the cards?

KS

[apfindley] 08/3/2019 15:58

Then why not just sit back and wait.Why do you feel the need to micro-monitor something where youre actually only waiting for a single and specific rns about the restructuring, before you invest.Just sit and wait for it.You're a moron, pure, simple, undeniable.