View Past PerformanceThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsMSL Solutions バランスシートの健全性財務の健全性 基準チェック /46主要情報16.15%負債資本比率AU$3.86m負債インタレスト・カバレッジ・レシオn/a現金AU$9.39mエクイティAU$23.90m負債合計AU$19.65m総資産AU$43.54m財務の健全性に関する最新情報分析記事 • Oct 03Health Check: How Prudently Does MSL Solutions (ASX:MSL) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...分析記事 • May 11Is MSL Solutions (ASX:MSL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...分析記事 • Aug 30MSL Solutions (ASX:MSL) Has Debt But No Earnings; Should You Worry?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...分析記事 • Apr 11Does MSL Solutions (ASX:MSL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...すべての更新を表示Recent updatesPrice Target Changed • Nov 16Price target increased to AU$0.29Up from AU$0.22, the current price target is provided by 1 analyst. New target price is 5.4% above last closing price of AU$0.28. The company is forecast to post earnings per share of AU$0.004 for next year compared to AU$0.0023 last year.お知らせ • Nov 15Pemba Capital Partners Pty Limited signed a scheme implementation agreement to acquire MSL Solutions Limited (ASX:MSL) for AUD 120 million.Pemba Capital Partners Pty Limited signed a scheme implementation agreement to acquire MSL Solutions Limited (ASX:MSL) for AUD 120 million on November 14, 2022. The offer price per share is AUD 0.295. The transaction has a break fee clause, where a termination fee of AUD 1.195 million is payable by MSL Solutions in case of breach of agreement. The transaction will be funded by a mix of debt and equity. The transaction is subject to approval by the shareholders of MSL, approval by the board of MSL, approval by FIRB, ASX, ACCC, Court Approval. The transaction is also subject to all the convertible securities of MSL Solutions to be converted into equity before the implementation of scheme. The transaction has been unanimously approved by the board of MSL, shareholders are recommended to vote in favor of the scheme. The scheme is expected to be implemented in mid February, 2023. Miles Advisory Partners Pty Ltd. acted as financial advisor to MSL Solutions Limited, Talbot Sayer Lawyers acted as a legal advisor to MSL Solutions Limited.お知らせ • Oct 04MSL Solutions Limited, Annual General Meeting, Nov 29, 2022MSL Solutions Limited, Annual General Meeting, Nov 29, 2022.分析記事 • Oct 03Health Check: How Prudently Does MSL Solutions (ASX:MSL) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Reported Earnings • Aug 19Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: AU$0.002 (down from AU$0.003 in FY 2021). Revenue: AU$33.9m (up 38% from FY 2021). Net income: AU$816.0k (down 7.9% from FY 2021). Profit margin: 2.4% (down from 3.6% in FY 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 200%. Over the next year, revenue is forecast to grow 11%, compared to a 41% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.分析記事 • Jun 16Returns Are Gaining Momentum At MSL Solutions (ASX:MSL)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...Recent Insider Transactions • Jun 08Non-Executive Director recently sold AU$52k worth of stockOn the 2nd of June, Earl Eddings sold around 300k shares on-market at roughly AU$0.17 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$46k more than they bought in the last 12 months.お知らせ • May 30MSL Solutions Limited to Report Fiscal Year 2022 Results on Aug 18, 2022MSL Solutions Limited announced that they will report fiscal year 2022 results on Aug 18, 2022分析記事 • May 11Is MSL Solutions (ASX:MSL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non-Executive Director David Trude was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.お知らせ • Mar 31MSL Solutions Limited Appoints Sarah Jane Kelly as Non-Executive DirectorMSL Solutions Limited announced the appointment of Dr. Sarah Jane Kelly to the MSL Board as Non-Executive Director. Dr. Kelly has over 20 years of combined experience within the sports, marketing, law, education and waste management sectors, having served on a range of corporate, government and not-for-profit boards. Sarah currently serves as a non-executive director on several boards, including as Deputy Chair of the Brisbane Lions AFL Football Club, Deputy Chair of Tourism and Events Qld.Reported Earnings • Feb 22First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: AU$0.002 loss per share (up from AU$0.003 loss in 1H 2021). Revenue: AU$16.9m (up 45% from 1H 2021). Net loss: AU$857.0k (loss narrowed 14% from 1H 2021). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.お知らせ • Feb 02MSL Solutions Limited to Report Q2, 2022 Results on Feb 17, 2022MSL Solutions Limited announced that they will report Q2, 2022 results on Feb 17, 2022Recent Insider Transactions • Dec 18Non-Executive Director recently sold AU$134k worth of stockOn the 10th of December, Earl Eddings sold around 500k shares on-market at roughly AU$0.27 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$40k more than they bought in the last 12 months.分析記事 • Aug 30MSL Solutions (ASX:MSL) Has Debt But No Earnings; Should You Worry?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Reported Earnings • Aug 25Full year 2021 earnings released: EPS AU$0.003 (vs AU$0.056 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$24.7m (down 1.5% from FY 2020). Net income: AU$886.0k (up AU$17.3m from FY 2020). Profit margin: 3.6% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.分析記事 • Apr 11Does MSL Solutions (ASX:MSL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...Recent Insider Transactions • Mar 02Non-Executive Director recently bought AU$64k worth of stockOn the 25th of February, David Usasz bought around 500k shares on-market at roughly AU$0.13 per share. In the last 3 months, they made an even bigger purchase worth AU$69k. Insiders have collectively bought AU$354k more in shares than they have sold in the last 12 months.Reported Earnings • Feb 24First half 2021 earnings released: AU$0.003 loss per share (vs AU$0.06 loss in 1H 2020)The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: AU$11.7m (down 9.5% from 1H 2020). Net loss: AU$996.0k (loss narrowed 94% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.分析記事 • Feb 17How Many MSL Solutions Limited (ASX:MSL) Shares Did Insiders Buy, In The Last Year?It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...Recent Insider Transactions • Dec 13Non-Executive Director recently bought AU$69k worth of stockOn the 8th of December, David Usasz bought around 500k shares on-market at roughly AU$0.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$291k more in shares than they have sold in the last 12 months.お知らせ • Nov 18MSL Solutions Limited (ASX:MSL) acquired SwiftPOS for AUD 9.7 million.MSL Solutions Limited (ASX:MSL) acquired SwiftPOS for AUD 9.7 million on November 17, 2020. As per the terms, the consideration includes AUD 4.5 million cash, AUD 0.5 million of ordinary shares based on a 10-day VWAP prior to completion, AUD 0.75 million holdback payable on the first anniversary, subject to net tangible asset and warranties adjustments and 3 year maximum earnout of AUD 4.2 million based on agreed gross margin growth. MSL will initially fund the acquisition from existing cash reserves. MSL is currently finalizing a debt facility to provide up to AUD 2.5 million of loan facility to support the acquisition at market competitive rates, this facility is expected to be in place in early December 2020. SwiftPOS founder and Managing Director, Grahame Day will transition to the role of General Manager, SwiftPOS at MSL Solutions Limited. MSL Solutions Limited will also integrate all 17 current SwiftPOS employees into its workforce. The transaction is EBITDA earnings accretive with over $1.5 million in EBITDA and positive cashflows. MSL Solutions Limited (ASX:MSL) completed the acquisition of SwiftPOS on November 17, 2020.分析記事 • Oct 18Have Insiders Been Buying MSL Solutions Limited (ASX:MPW) Shares This Year?We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...お知らせ • Sep 17MSL Solutions Limited Signs Multi-Year POS Agreement for RAC ArenaMSL Solutions Limited announced that the Company has signed a multi-year contract with ASM Global, to provide its integrated point of sale (POS) and transaction management platform to RAC Arena. The contract will see MSL implement a platform which integrates market-leading software from SwiftPOS with MSL's mobile POS solution. More than 100 fixed terminals and 60 mobile tablet devices will be installed to extend RAC Arena's POS capabilities across their entire arena and corporate suites. The platform will enhance guest engagement at the arena and deliver a superior customer experience for all RAC Arena guests. The contract generates majority upfront revenue for MSL, along with associated subscriptions over the initial 5-year term.分析記事 • Aug 26Analysts Expect Breakeven For MSL Solutions Limited (ASX:MSL)MSL Solutions Limited (ASX:MSL) is possibly approaching a major achievement in its business, so we would like to shine...財務状況分析短期負債: MSLの 短期資産 ( A$14.3M ) が 短期負債 ( A$11.2M ) を超えています。長期負債: MSLの短期資産 ( A$14.3M ) が 長期負債 ( A$8.4M ) を上回っています。デット・ツー・エクイティの歴史と分析負債レベル: MSL総負債よりも多くの現金を保有しています。負債の削減: MSLの負債対資本比率は、過去 5 年間で0.4%から16.2%に増加しました。債務返済能力: MSLの負債は 営業キャッシュフロー によって 十分にカバー されています ( 105.9% )。インタレストカバレッジ: MSLの負債に対する 利息支払い が EBIT によって 十分にカバーされている かどうかを判断するにはデータが不十分です。貸借対照表健全な企業の発掘7D1Y7D1Y7D1YSoftware 業界の健全な企業。View Dividend企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2023/02/23 10:01終値2023/02/08 00:00収益2022/06/30年間収益2022/06/30データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋MSL Solutions Limited 1 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Mark BryanCanaccord Genuity Historic (Wilsons Advisory and Stockbroking Ltd.
分析記事 • Oct 03Health Check: How Prudently Does MSL Solutions (ASX:MSL) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
分析記事 • May 11Is MSL Solutions (ASX:MSL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
分析記事 • Aug 30MSL Solutions (ASX:MSL) Has Debt But No Earnings; Should You Worry?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
分析記事 • Apr 11Does MSL Solutions (ASX:MSL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Price Target Changed • Nov 16Price target increased to AU$0.29Up from AU$0.22, the current price target is provided by 1 analyst. New target price is 5.4% above last closing price of AU$0.28. The company is forecast to post earnings per share of AU$0.004 for next year compared to AU$0.0023 last year.
お知らせ • Nov 15Pemba Capital Partners Pty Limited signed a scheme implementation agreement to acquire MSL Solutions Limited (ASX:MSL) for AUD 120 million.Pemba Capital Partners Pty Limited signed a scheme implementation agreement to acquire MSL Solutions Limited (ASX:MSL) for AUD 120 million on November 14, 2022. The offer price per share is AUD 0.295. The transaction has a break fee clause, where a termination fee of AUD 1.195 million is payable by MSL Solutions in case of breach of agreement. The transaction will be funded by a mix of debt and equity. The transaction is subject to approval by the shareholders of MSL, approval by the board of MSL, approval by FIRB, ASX, ACCC, Court Approval. The transaction is also subject to all the convertible securities of MSL Solutions to be converted into equity before the implementation of scheme. The transaction has been unanimously approved by the board of MSL, shareholders are recommended to vote in favor of the scheme. The scheme is expected to be implemented in mid February, 2023. Miles Advisory Partners Pty Ltd. acted as financial advisor to MSL Solutions Limited, Talbot Sayer Lawyers acted as a legal advisor to MSL Solutions Limited.
お知らせ • Oct 04MSL Solutions Limited, Annual General Meeting, Nov 29, 2022MSL Solutions Limited, Annual General Meeting, Nov 29, 2022.
分析記事 • Oct 03Health Check: How Prudently Does MSL Solutions (ASX:MSL) Use Debt?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Reported Earnings • Aug 19Full year 2022 earnings: EPS and revenues exceed analyst expectationsFull year 2022 results: EPS: AU$0.002 (down from AU$0.003 in FY 2021). Revenue: AU$33.9m (up 38% from FY 2021). Net income: AU$816.0k (down 7.9% from FY 2021). Profit margin: 2.4% (down from 3.6% in FY 2021). Revenue exceeded analyst estimates by 3.1%. Earnings per share (EPS) also surpassed analyst estimates by 200%. Over the next year, revenue is forecast to grow 11%, compared to a 41% growth forecast for the Software industry in Australia. Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 33% per year, which means it is significantly lagging earnings growth.
分析記事 • Jun 16Returns Are Gaining Momentum At MSL Solutions (ASX:MSL)What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Recent Insider Transactions • Jun 08Non-Executive Director recently sold AU$52k worth of stockOn the 2nd of June, Earl Eddings sold around 300k shares on-market at roughly AU$0.17 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$46k more than they bought in the last 12 months.
お知らせ • May 30MSL Solutions Limited to Report Fiscal Year 2022 Results on Aug 18, 2022MSL Solutions Limited announced that they will report fiscal year 2022 results on Aug 18, 2022
分析記事 • May 11Is MSL Solutions (ASX:MSL) A Risky Investment?Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it might be obvious that you need to...
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Non-Executive Director David Trude was the last independent director to join the board, commencing their role in 2017. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
お知らせ • Mar 31MSL Solutions Limited Appoints Sarah Jane Kelly as Non-Executive DirectorMSL Solutions Limited announced the appointment of Dr. Sarah Jane Kelly to the MSL Board as Non-Executive Director. Dr. Kelly has over 20 years of combined experience within the sports, marketing, law, education and waste management sectors, having served on a range of corporate, government and not-for-profit boards. Sarah currently serves as a non-executive director on several boards, including as Deputy Chair of the Brisbane Lions AFL Football Club, Deputy Chair of Tourism and Events Qld.
Reported Earnings • Feb 22First half 2022 earnings: EPS and revenues miss analyst expectationsFirst half 2022 results: AU$0.002 loss per share (up from AU$0.003 loss in 1H 2021). Revenue: AU$16.9m (up 45% from 1H 2021). Net loss: AU$857.0k (loss narrowed 14% from 1H 2021). Revenue missed analyst estimates by 7.2%. Earnings per share (EPS) also missed analyst estimates by 3.4%. Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth.
お知らせ • Feb 02MSL Solutions Limited to Report Q2, 2022 Results on Feb 17, 2022MSL Solutions Limited announced that they will report Q2, 2022 results on Feb 17, 2022
Recent Insider Transactions • Dec 18Non-Executive Director recently sold AU$134k worth of stockOn the 10th of December, Earl Eddings sold around 500k shares on-market at roughly AU$0.27 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of AU$40k more than they bought in the last 12 months.
分析記事 • Aug 30MSL Solutions (ASX:MSL) Has Debt But No Earnings; Should You Worry?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Reported Earnings • Aug 25Full year 2021 earnings released: EPS AU$0.003 (vs AU$0.056 loss in FY 2020)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: AU$24.7m (down 1.5% from FY 2020). Net income: AU$886.0k (up AU$17.3m from FY 2020). Profit margin: 3.6% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 6% per year whereas the company’s share price has increased by 2% per year.
分析記事 • Apr 11Does MSL Solutions (ASX:MSL) Have A Healthy Balance Sheet?Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Recent Insider Transactions • Mar 02Non-Executive Director recently bought AU$64k worth of stockOn the 25th of February, David Usasz bought around 500k shares on-market at roughly AU$0.13 per share. In the last 3 months, they made an even bigger purchase worth AU$69k. Insiders have collectively bought AU$354k more in shares than they have sold in the last 12 months.
Reported Earnings • Feb 24First half 2021 earnings released: AU$0.003 loss per share (vs AU$0.06 loss in 1H 2020)The company reported a decent first half result with reduced losses and improved control over expenses, although revenues were weaker. First half 2021 results: Revenue: AU$11.7m (down 9.5% from 1H 2020). Net loss: AU$996.0k (loss narrowed 94% from 1H 2020). Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
分析記事 • Feb 17How Many MSL Solutions Limited (ASX:MSL) Shares Did Insiders Buy, In The Last Year?It is not uncommon to see companies perform well in the years after insiders buy shares. Unfortunately, there are also...
Recent Insider Transactions • Dec 13Non-Executive Director recently bought AU$69k worth of stockOn the 8th of December, David Usasz bought around 500k shares on-market at roughly AU$0.14 per share. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought AU$291k more in shares than they have sold in the last 12 months.
お知らせ • Nov 18MSL Solutions Limited (ASX:MSL) acquired SwiftPOS for AUD 9.7 million.MSL Solutions Limited (ASX:MSL) acquired SwiftPOS for AUD 9.7 million on November 17, 2020. As per the terms, the consideration includes AUD 4.5 million cash, AUD 0.5 million of ordinary shares based on a 10-day VWAP prior to completion, AUD 0.75 million holdback payable on the first anniversary, subject to net tangible asset and warranties adjustments and 3 year maximum earnout of AUD 4.2 million based on agreed gross margin growth. MSL will initially fund the acquisition from existing cash reserves. MSL is currently finalizing a debt facility to provide up to AUD 2.5 million of loan facility to support the acquisition at market competitive rates, this facility is expected to be in place in early December 2020. SwiftPOS founder and Managing Director, Grahame Day will transition to the role of General Manager, SwiftPOS at MSL Solutions Limited. MSL Solutions Limited will also integrate all 17 current SwiftPOS employees into its workforce. The transaction is EBITDA earnings accretive with over $1.5 million in EBITDA and positive cashflows. MSL Solutions Limited (ASX:MSL) completed the acquisition of SwiftPOS on November 17, 2020.
分析記事 • Oct 18Have Insiders Been Buying MSL Solutions Limited (ASX:MPW) Shares This Year?We often see insiders buying up shares in companies that perform well over the long term. The flip side of that is...
お知らせ • Sep 17MSL Solutions Limited Signs Multi-Year POS Agreement for RAC ArenaMSL Solutions Limited announced that the Company has signed a multi-year contract with ASM Global, to provide its integrated point of sale (POS) and transaction management platform to RAC Arena. The contract will see MSL implement a platform which integrates market-leading software from SwiftPOS with MSL's mobile POS solution. More than 100 fixed terminals and 60 mobile tablet devices will be installed to extend RAC Arena's POS capabilities across their entire arena and corporate suites. The platform will enhance guest engagement at the arena and deliver a superior customer experience for all RAC Arena guests. The contract generates majority upfront revenue for MSL, along with associated subscriptions over the initial 5-year term.
分析記事 • Aug 26Analysts Expect Breakeven For MSL Solutions Limited (ASX:MSL)MSL Solutions Limited (ASX:MSL) is possibly approaching a major achievement in its business, so we would like to shine...