MAI
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0.00% $1.97 mainstream group holdings limited

Ann: HY17 Financial Statements, page-4

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  1. Mpacman
    272 Posts.
    lightbulb Created with Sketch. 9
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    20/02/17
    15:31
    Post #: 22753232
    There is good underlying organic growth. However I am concerned about their acquisition spree paying a hefty multiple using equity that comes with substantial dilution. On a diluted equity base growth is actually bad.
    MAI Price at posting: 56.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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