Mission Ready Solutions Inc V.MRS.H

Alternate Symbol(s): MSNVF

Industrials Aerospace & Defense

Mission Ready Solutions Inc. specializes in providing government contracting solutions through its wholly owned subsidiary, Unifire, Inc. (Unifire) Unifire is a small business and an industry manufacturer and distributor fire, military, emergency, and law enforcement products. It has two business segments in the global defense, security, and first-responder markets: consulting and manufacturer representation. It also provides relationship management, product development, acquisition and contracting and sales and marketing support to manufacturers selling to the United States Federal Government. The Protect the Force Innovations (PTFI) division develops, enhances, tests, and pioneers new and advanced technologies relating to defense and personal protection. Its portfolio of defense and security-related products includes Flex9Armor and Tactical Shield Cover. It serves law enforcement, the military, government and other agencies through its various products and services.

TSXV:MRS.H - Post by User

Mission Ready Solutions Inc > Contract $ 329,000,000 at 4% margin: 13,160,000 gross profit

<< Previous

Bullboard Posts

Next >>

Comment by Snowdrifton Sep 15, 2020 3:38pm

228 Views

Post# 31561520

RE:Contract $ 329,000,000 at 4% margin: 13,160,000 gross profit

It looks to me like you're shorting this stock and you're petrified of how high it's going to go.

Hiddensecrets wrote: From this gross profit of $ 13,160,000 you have to take off some financing costs say 20% of it so amount of gross profit after financing is: $ 10,528,000. Then you have to account for salaries and general administrative expenses so net profit may be minimal.

So while contract is big, the issue remains with MARGINS MARGINS MARGINS....and financing costs.

This is my PERSONAL OPINION ONLY.

Other contingent: contract is worth $ 329,000,000 however actual buying might be alot less.

Good Luck,