MSG 0.00% 0.4¢ mcs services limited

Ann: Response to ASX Price and Volume Query, page-16

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  1. 1,848 Posts.
    lightbulb Created with Sketch. 10
    first break from lows
    back to test long term support at .015c back to 2018.
    looking for the normal higher highs lower lows uptrending chart this year.

    not very exciting but feels solid. mcs security has the runs on the board. this niche sector seems to have growth. some quotes from google about growth of the security sector.

    "A look at the growth trends in security spending both by individuals, companies and government over time. ... Including spending to prevent crime, risk management, cyber security, and a variety of other expenditures, the security economy is estimated to be 20% of the US GDP (and 7% of the UK GDP)."

    "The sector has experienced huge growth in recent years and today there are an estimated 20 million private security workers worldwide while the industry is worth approximately $180 billion.Aug 31, 2017"

    "Security spending in Australia has grown to $3.5 billion this year, with further growth of 9.8% forecast to take total spending to almost $3.9 billion in 2019, according to a new report."

    https://www.itwire.com/security/84048-australia%E2%80%99s-security-spending-hits-$3-5-billion-mark,-with-more-growth-to-come-report.html


    very comfortable holding these and buying more at .016c
    Last edited by fumoy: 16/03/19
 
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