Category Archives: Microgen

Microgen: High Margins And Cash Rich But Not For Me

24 February 2015
By Maynard Paton

Today I’m continuing my hunt for Watch List shares with a look at Microgen (MCGN).

Here are the initial attractions that prompted this research:

High margins: 30% reported for 2013
Cash rich: Latest update reported £25m net cash
Veteran boss: Executive chairman appointed during 1998 and boasts £7m shareholding

As usual, I’m applying a question-and-answer template to help me pinpoint companies that match the criteria set out in How I Invest. I’m looking for as many Yes answers as possible. Continue reading