Member Info for Davius

The problem as I see it is two fold: 1) Whether a share will really recover and if so how long and 2) how much cash you have an how prepared you are to tie it up If I'd truly expected the shares to fall to 45p I would have sold in the 50s and bought back again. But I do what aquisitor says, and put the same amount of cash in each time there's a substantial fall, to use pound cost averaging to bring the price per share down. I'm sure the average poster (or reader) is aware of this, but for newcomers it works thus: Share price at 100p, buy £1000 of shares, 1000 shares. SP drops to 50p, buy £1000 of shares, 2000 shares, total holding now 3000 shares at £2000. Average cost per share 66p and not 75p if you'd bought the same number of shares each time. Now the problem, I've done this to some extend with SKP and the damn SP keeps falling, or recovers just a tad, it is taking a very long time to think about moving up again. So point 2 above comes into play. I did seriously consider buying again this morning at 37-38p but there's that nagging doubt in my mind that they could take a long time to get back to a reasonable value... continued next post...

And if 36-37 is correct this will be their low point. I thought about topping up again at 41p, now I'm thinking about bailing and taking the hit (but only thinking, not the kind of loss I'm happy to take).

Most of the day in positive territory then an almighty dump at the end of the day. Bit light me after a big chilli the night before. Booking into the gherkin tomorrow, going for a top floor office...

I seem to recall, as I bought in a bit later when the price has risen. I think the closing price the day you originally bought was the 40.25p, I recall commenting that I thought the increase into the mid 40s the following day might have been too late to catch the shares, hehe. Ah the value of hindsight. They just have to be good value at the current SP.

MOB down, PRTY down, VOG down, SEO not really moving. Trouble with this town is there are no really tall buildings...

The low was 40.25p on the 3rd August. I suspect there are an aweful lot of shorters out there, the ADVFN shares on loan only shows data to the 20th November. Assuming so then at some point they'll need to buy back so there must be a rebound. This is reminiscent of OXS all looking ok until a bad RNS causes a share price crash. Of course in that case it rebounded on a good one a few days later, here's hoping the same for MOB. Will not be planning to exit on this much of a loss :(

I am an investor in this share and have been for some time. Today (in fact after close last night) they announced that the bid talks from August have ended without an offer being made for the company. This resulted in an opening SP 12.25% below yesterdays close. However, also as part of the announcement they suggested that the £11m received from the sale of Symphony may be used as a windfall payment to shareholders. This could mean a special dividend of up to 4p a share. In addition they made the following release: The company also said it continues to trade ahead of market expectations and will announce its interim results for the six months ending Sept 30 2006 on Nov 28. There has been some consistant buying this morning, bringing the shares back up off the opening low. One to buy ahead of the interims next Tuesday, and to hold in prospect of a special dividend. I have topped up again this morning.

And very tasty too. SP dropping back again today. At least MOB didn't just take a dive arbitrarily, it took what must be construed as a bad RNS to bring it down. Of course, just because the company says it's not looking like there might be an offer the board could recommend doesn't mean a hostile bid won't be forthcoming, particularly at the current SP. If you consider that during talks the shares rose to around a pound then anyone buying now will be getting a bargain. My broker is quoting 44-46p as I type, I remain convinced these will recover, my only doubt now is as to how soon, we could be looking at the new year...

All is not lost, cherry pie in the oven, rain stopped and a decent recovery from 42p by MOB. Could have been a worse day. Just a thought here, currently opinions range from strong buy to strong sell. I'd like to add a couple more, how about 'Sell your grandmother and Buy These Now!' and 'Forget it, just jump off the nearest Building'

Monstermob says bid talks 'unlikely' to result in recommended proposal LONDON (AFX) - Monstermob Group PLC said that talks underway over potential bids for the firm are 'unlikely' to lead to a proposal that can be recommended to shareholders. The talks are continuing, said the mobile phone game and ringtone company. Monstermob added that it is in detailed talks to restructure its outstanding earn-out and related obligations in order to clarify its capital structure and increase financial flexibility.

Just had a firm quote from my broker, 44-47p! SP all over the place.

There were 100000 and 300000 share sales at 50p around lunchtime today, but since then there's been mostly buying and the largest sale I can see is under 20000 shares. What are the market makers playing at? Some rumour of disastrous news? If so it's not leaked out as there is still plenty of buying going on. Price bottomed out at 42p-42.25p and now back up a tad. Confuses the hell out of me!

Well, there we go, we all pile in to top up which seems like the sensible thing to do, and what does the friggin SP do? Drops to 46p that's what. I still have confidence in this company, but it's proving a friggin rough ride getting back to a sensible valuation.

http://www.advfn.com/p.php?pid=ukfinancials&symbol=LSE%3AMOB 3.64% of MOB on loan at present, 2.23m shares.

Look again a bit earlier. 09:58

I invest smaller but repeatedly if a price is falling and I expect it to recover, using pound cost averaging to bring my overall buy price down. It means I make less money when the share price goes straight up than someone like yourself with a larger initial investment. But my average is a tad lower than the 56p if I'd bought the same number of shares each time at 61p and 51p. If I expected it to hit 45p then I'd sell now and buy back tomorrow (as I'm sure would you, with your larger holding). I think it's the pessimist in us (or perhaps the realist?) that suggests the price could go lower, but buys anyway...

Yes, I'm a holder at 61p, but the continued fall of MOB is resulting in a seriously undervalued company. Net asset value of £97m (although this is mostly intangibles), capitalisation of under £31m, turnover of £58m and a P/E of 2.84p at todays share price. Turnover was up 142% at the last interims in September. The negative impact of China is clearly overdone, if someone were to buy this out at say 75p per share they'd still be doubling their money on asset value alone. I'm baffled by the continuing share price decline and can only put it down to speculators who piled in on the bid talks subsequently losing patience on lack of news. Although it could have further to fall depending on how many of those are left, I'm topping up today at 51p.

My gut feeling is that PRTY is more likely to have something happen in the short term rather than MOB. Could be months before MOB recovers, last talk of buyout was nearly 7 weeks ago. Down on each at present so will hang in with them both. If MOB anounces that bid talks have ceased then I suspect a further weakening of the share price and a fairly slow recovery. I do think that at the current levels MOB is more undervalued than PRTY, but PRTY is the more likely to become upwardly mobile short term.

Just came accross a couple of week old RNS on this company. What a spectacular performance, 15p on 30th October to 40p now. The company is developing a treatment called RNAi that 'silences' disease-relevant genes, thereby preventing the development of diseases otherwise highly likely to occur in anyone carrying the gene. Could be huge. Big string of buys this morning pushing the SP up further. Speculative.

Dunno what's happening with MOB any more, appears to be in limbo. SP stuck in the mid 50s and doesn't want to move. Lowly Capitalisation of under £40m and a PE of under 6, dopping another percentile next year. Even without a bid these would appear to be undervalued.