Member Info for Davius

Shame the share price has fallen. I still think these are worth more and medium to long term think there's money to be made here. But short term there seems to be very little market support. I'm relieved to have ditched half my holding at slightly over breakeven, if I can hang with it a year I might even get my original investment back in its entirety... In the shorter term I think GOO and FEP are worthier places for the cash freed up from MOB though.

It's surprising that these are not much higher. I have no doubt that they found a big reserve, the size of the gas field could be anything from 3tcf to 20tcf or more, and worth billions. However, now it's been found they have to do something about it, which is quite different. FEP needs a joint venture with one of the big players, to fund the extraction themselves would no doubt require an aweful lot of fundraising. It's only a matter of time before these recover, the rumour of a JV with China sent them up above a pound in a day. No doubt the board are working on it, give it 3 to 6 months and you should see a decent return.

I bought some in September but sold in November for a loss at 0.316p. In hindsight I got a good deal, the placing of new shares yesterday raised £0.5m at 0.2p per share which should keep them ticking over for a while, the SP is down again today at 0.21-0.23p. Incidentally, the SP on 03rd Jan 06 was 0.13p, so if you paid say 0.15p then and sold today at 0.21p you'd still be looking at a 40% profit. Very speculative, I would not be surprised to see further repeated fund raising too until they can get some decent revenue and these shares will probably have further to fall. I don't think they are worth the risk until at a much lower level.

Up and then back down yesterday but finishing ahead of opening. Now up again this morning. No RNS so I presume this is entirely speculative but plenty of buys pushing the SP.

Undoubtedly this should have been good for MOB shareholders, but the SP has dropped back and there seems to be little support. I would not be surprised to see more drifting on a lack of news. I have sold by recently bought holding at 46p for a small profit. Will keep the rest for longer term as purchased at a higher average and no need of any more cash at present. Should have ditched at 53p but we live and learn, at least they sold for a profit (£88 lol!) Expect my remaining stake to be some time before it recovers.

This share price does seem to have found support at 400p and has been boucing between there and about 450p. I suspect a break below 400p will signal a bit of a sell off and we could see a significantly lower SP. However, today it's staging one of its upward blips on some sustained buying from 10:30 this morning. Despite the fact that in my opinion this company is well overvalued, I think there's money to be made on this share, if you can catch it in the low 400s and sell on any decent rise. However, a stop loss at just below 400p would be my preference.

14% bid to offer spread, although your trading price is much closer, but what puts me off this company is the 1-2 trades per day. Very thin volumes, one heavy seller and it's a big dive. Good luck on this one.

This did look like a good deal for MOB, but having had time to digest this I'm reappraising... The market opened after the ZED share purchase in the 50s and has since slid back, now at 47p-48p. It looks like a great deal for the board as gets them out of the huge hole they dug themselves into with the poorly worked earn out obligations. But will ZED will think this a good decision too, since their investment is already falling and they probably could have bought up the whole company for £40m at 60p a share instead of 52.6% of it in new shares for £34m? The board must be laughing all the way to the bank. I did try to sell half my stake today at 49p (earlier on), but the MMs wouldn't have it and a limit sell at the current offer failed too. Particularly annoying as FEP (where the money was headed) has moved up a tad, I will take a look again tomorrow. I think that the company will recover on the back of this deal, but it might be some time coming. We've seen what happens to MOB on lack of news, there'll be little support now that ZED is unable to launch a full bid for 6 months. Only good news on the Chinese regulations are likely to help shareholders in the short term.

No doubt any significant move will require an RNS announcing a joint venture, but it's nice to see a 1p rise on light buying today. Come on Shell, you've lost out huge reserves to Russia so how's about bidding a couple of pounds a share for FEP and their vast newly discovered gas field? Wonder if there are any Shell execs read this :)

At least taking out a loan means they won't be tapping investors for more cash (yet!) via a rights issue. Couple of bad RNS reports hammered the shares even more than the big sell off in the autumn. Very thinly traded, I would not expect any fireworks until one of their treatments makes a breakthough or they announce a further contract.

Can't really see how that relates to MOB. The SP bid price ended only a fraction up on the close just before Christmas. Clearly the rise on Friday was in expectation of the announcement and that appears to have been as much of a surge as the shares could sustain. Will watch for a few days but my expectation is to sell some soon and probably hold a few for the longer term.

ZED bought 68m new shares at £34m for a 52.6% stake and therefore said it no longer wanted to bid for the whole company. It's a strategic partnership in which MOB gets £34m of new cash and everyone wins, MOB can sort the earn-out obligations and have access to ZEDs products: 'LaNetro's chairman and chief executive Javier Perez Dolset said it had invested more than 50 mln eur in developing market leading personalised mobile products which it would make available to MonsterMob.' The shares were being hammered because the earn-out obligations pointed to MOB having to pay out more than it's capitalisation in new shares. Now that looks to be sorted and along with a warrant for ZED to buy another 5m shares if it's stake is diluted to under 51% should provide a support base of 50p for MOB. It should be able to concentrate on sales and profits again and we should start to see a recovering SP in the coming months.

On the face of it the sale of the injectibles unit being almost complete should provide a good boost to the SP. Confusing then why it dropped back to 25.5p but then rebounded to 27.5p (as I type). The conslusion of the sale really should see the SP back above 30p, still wwll below my average but set for a longer term recovery. Flutiform is now expected to go live in 2009, this is being touted as a possible billion dollar a year blockbuster, which if correct would see an increase in SP of probably several fold. Short term punt on good news from the sales of the injectibles, long term speculation on Flutiform, if anyone can wait that long. Has to be a buy.

The number of MOB shares on loan (ie short positions) remained high in the run up to Christmas. Since the 50p per share stake bought by ZED effectively puts a base on the share price for the forseeable, I am wondering when the shorters will close their positions. Shares on loan as of the 19th December were 2.32m, which would imply a bit of buying back is due. SP briefly touched 55.75p but has settled back to 53.25p on some relatively light selling. One interesting part of the ZED deal is the warrant option, to buy up to 5m more shares should the ZED holding be diluted to below 51%. This provides a support level but also all but rules out a hostile bid from elsewhere which would explain the dull performance of the shares after the brief surge on opening today. The 70p predictions were well wide of the mark (unfortunately) but this is undoubtedly a very good deal for the MOB board, excellent for ZED but perhaps only moderate (in the short term anyway) for shareholders. Buy for long term growth with an added bonus if ZED decides to go for the whole company.

I thought 50-60p, opened at 55p, lol. Wouldn't be surprised if it creeps up over the next few days as the market digests just how good this deal is for MOB. I now think this is a buy at the current level.

Er, yes? Speculation as tomorrows opening? I've heard 60p, 70p and 80p, I think somewhere in the 50-60p, perhaps a bit higher if the market reacts well. You can never tell with the MMs on this share, I suspect they'll be short of stock first thing though.

Might at last be able to take that extra top-up here. The news yesterday of ZED taking a 52% stake in MOB should mean I can finally exit them at something resembling a decent price (not at the highest I paid though, I've no doubt) and given the weakness of FEP in the run up to Christmas I think they remain very cheap. Merry Christmas everyone.

Well this is a little hard to call. Since ZED are buying new shares at 50p, this gives them a 52% stake in the enlarged capitalisation of the company, presumably the £34m of new money will be used to sort out the earn-out obligations, which would be great news for the company. However, since 52% is a controlling interest it doesn't necessarily follow that they'll want the rest yet. In theory they could bid 50p for the whole company as that is the price paid for the first 52%, but as these are new shares then the money must be going to MOB (and not existing shareholders) so even if used entirely to fund earn-out obligations the company value must be more than £31m (or so) for the remaining 48%. I would suspect that existing shareholders would not be happy to sell up for 50p but no other competitive bid would be possible (unless ZED were prepared to sell of course). The market is closed until Wednesday morning, personally I would expect the shares to open somewhere between 50p and 60p. It would be nice to see the 70p predicted by Jami but I feel that's a bit optimistic. I'm not sure I'd advise anyone to buy these if they do open a lot higher. The 50p level is now quite clearly a significant support but this announcement doesn't look like the end of the MOB share fluctuations by any means. As a holder (more by default as I tried to sell but couldn't get my desired price) I'd very much like to be proven wrong and see these settle at 75p+ though ;)

I suspect they'll have to issue a significant cash call to try to get the debt mountain under control. Take a look at SGP to see how wrong this can go, SP crashed, they raised £110m in Feb to pay off debts, cap a few £m at the time. Valuation today £24m as the £110m was absorbed by debtors, SP was 56p, now 10.5p. The capitalisation on BFC is £14m, but if they raised say £42m (that means each investor putting in £3 for every £1 they currently have invested) the company would still be £19m in debt and with no profits. If they stay afloat then they have a good long term upside, but this remains a risky punt at almost any price. The company will have a negative net worth for probably the next 18 months or more. The market cap (and hence the share price) is almost irrelevant and therefore may well be subject to wild fluctuations.

If it wasn't for SKP I'd be pretty much completely red today, in fact my portfolio is redder than a butchers block. Some decent support for SKP though, if that damn injectibles unit finally gets sold we should be looking at the better side of 30p fairly soon.