Well, King seems to be working his magic....again

[topgun]

We discussed the psychology behind this on the OST forum during Jan'11 when Dave King announced his return to MMG notwithstanding the lingering controversy re. his SARS liabilities. The share has since shot the lights out while nobody in polite circles is mentioning it. And the climb continues - just look at those spreads! Now to get the institutions back on board...lol!

[Rams]

maybe he forgot to take of the tax from the profits declared?

[kwagga]

I'd be concerned with a (no) spread like that.

[striker]

- He is likely to do another Specialised Outsourcing on investors. Would'nt touch anything that he is involved in.

[topgun]

Probably, but only north of 1000cps...and this time he won't be able to do it surreptitiously since share sales have to be declared on SENS. SARS has cost him a bundle in legal fees and otherwise which provides the motivation for another comeback attempt. The business is being repositioned as a services/IT play which will attract a higher rating with a divi probable at the end of the current fin year. So far, my gamble has paid off in spades...