London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Just read a comment on telegram which i think gives me some assurance. The fact MOS are not heading up BET, it might actually be a success. They might deliver something on time and which is successful.
Forget that Dave - it doesn't suit the narrative.
Siren - I'd get your £10k in now because ME invested £25k in the December placing at 0.007 along with 3 other directors who also invested who were Tom, Nigel and Bob.
I'd say that was a decent show of confidence back then wouldn't you ?
System,
MOS did not give BET a lump of money up front.
MOS invested into BET and now own 25% of BET. Plus another 2% via the media arm.
Of this morning's trades, only one (1,000,000 shares) is actually as sell. The rest are all buys.
Let's see some of the board start buying shares. Give the rest of us a little more confidence.
System there you go again creating your own false narrative, MOS invested circa £250k for a 27% stake in Estadio Bet, and talk and also a 10% stake in Capital Media - what do you suppose those might be worth in the near future ? - Bet alone could well be worth $millions prior to launch and in addition MOS are getting their initial investment back on a monthly basis which i would imagine amounts to around $1 million a year and will rise significantly as Bet grows.
In addition the other income streams from affiliate deals between Livescores and Bet along with the NFT sales linked to everything and the Bitso web3 tie up.
IGS was reported on in the last accounts so its plain to see why revenue is down coupled with the drop off in NFT sales in the 2nd part of the year so now the company is lean enough to take advantage of of rising income to easily bring it to profitability very quickly.
Very well said Jackal.
I would say the biggest frustrations with MOS is how ME has jumped from one different venture to another, often wasting huge amounts of shareholders money whilst promising the earth. Whilst I am more positive of this current venture, I feel this is the last opportunity for him.
Let's face it, most AIM shares are a bit of a gamble, some more than others.
MOS has not worked out the way many of us have wanted. However, that doesn't mean it still can't.
Often it feels like they are clutching at straws, but then again you can't build a profitable business overnight. There can be a lot of trial and error.
There are a lot of elements I still like about MOS if they were to get it right. Given that betting platforms are already a very established way of income, unlike maybe some of the other MOS ventures, we can but hope they get it right.
It could be an opportune time for a new investor or others to average down but that does come at a high risk vs high reward based on current mcap/sp.
Let’s look at the numbers that have been glossed over without a reasonable explanation .. Revenue down by 84% (why is there such a huge reduction in Revenue whilst the legacy business is producing a profit? ); GP down 70+% and Cost of Sales reduced by 96%. If they can get their £395k in current trade receivables then they have, at the current rate, just under 3 years of cash to pay o’head costs.. so, it all hangs on this Mexican venture to start to pay serious dividends..
All smoke and mirrors. A lot of financial ingenuity there to polish this turd. Don’t be blinded by the reality
The reduction in the cost figure is hugely significant. Thats a company absolutely tightening its belt. Profitability not far away.
Monthly charges are all over the place. MOS now send BET a monthly charge but MOS gave them a lump of money up front . Revenue is less than 200k and they will say it's growing with the monthly charges in the next 6 months that they funded themselves.
System you know very well that Krunch was key to everything and now MOS own it completely along with the IP with no monthly charge, this platform is key to everything that MOS do so stop intimating it is a white elephant.
As for the clown insult - thanks but I fear the joke will be on you.
It's been the same for three of four years. Results as expected even blasting targets at times. The BOD have bought an asset off themselves in Krunch and paid themselves rent while saying their salaries are low. This has caused disastrous placing after placing. If it was not for Krunch 2 or 3 placings could have been avoided. It's been a nonsense to date but of course it's going to turn around this time clown.
Thanks Citytilidie. That all makes sense. Its certainly looking like there is a great deal of potential and the company is in financially great shape.
Exactly, "Profitable on a monthly basis" is what caught my eye. MOS is a very hard one to read as on the face of it there is huge promise but the BOD have diluted both the share price and confidence with some of their decisions to date. Still sounds an interesting business model if they get it right, which is why I'm still invested...
Good luck, Brighty
So no positives then System ? - good try.
That’s a fair point Techno but as previously posted the opportunities are very far reaching for what the company already has in place such as livescores.
If you read into the RNS they make reference to livescores, that database is huge and I would suspect that business will be an affiliate of Bet and therefore receive income as result - research shows that is somewhere between 20 to 30% of losses in a defined period along with an initial take up payment.
Given that MOS now has one of the best operating platforms through WAT along with specialist marketing it’s not hard to see how Bet could appeal to just that database alone which is of course sports based.
I would point you back to this which is published on the MOS website.
https://www.mobilestreams.com/pdf/MOS-RevenueStreams-2024030301.pdf
This is in addition of course to the NFT loyalty program also mentioned in the RNS - wonder what this could be?
As you say - very cheap at these low levels for new investors or those looking to average down.
Cash burnt before raises over 800k in the s6 months. Watch the intangibles which increase the profits. MOS have a habit of writing these off later when the thing doesn't work out. Skillful to hide costs in intangibles for now.
Nothing unexpected and the main positives I take from them are:
1) Cash is approx £1.2m (407 + 337 + 115 + 330 + 25 = 1214, against a market cap of £2.7m)
2) "We remain on track to reach operational profitability on a monthly basis during this year"
In terms of a negative I would like to understand a little more on the progress of the new venture which I think is a reasonable comment.
In summary assuming they are making good progress on the betting venture (there will be a large range of opinions here no doubt) then at this price it looks like a good "bet".
Good luck all.
Thanks for the honesty Lothbury - hopefully Amtech, System and the other members of their crew feel the same way that’s if they are invested of course ?
Good evening City. The chance of getting to break even is slim but if I had the opportunity to get out at b/e… I would be onto my Brokers asap (I expect many other longer term shareholders probably would like to get out at b/e and invest in a different company.). After this debacle I am happy to sell my shares and the gazillions of capital gains to someone else.
So Lothbury with your vast corporate experience in investing etc you’ll be selling up when you get to break even although the price will rising and Bet alongside other things starts to prove itself……just to be clear obviously.
I reckon there is plenty left for you, Lothbury, System and Buger.