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Welcome, i'm also here for the long term. 750k net profit predicted for 2012, its a growth area, more people are using their mobiles in Asia and electronic payments for migrant workers, who are their in their masses. The latest firm to take on the cash transfer service from MBO has 50,000 mostly migrant workers. this new business could well boost the figures we expect in a few weeks, also the new bank that came online in H2. Exciting times, could go towards 8p prior to the results, and then we will see.
We should benefit from the new remittance service installed the second half of 2011 at a workplace with 50,000 migrant workers. Indonesians in M'sia sent home RM6.5bil in 2011 Migrant Indonesian workers sent home a whopping US$6.1bil (RM18.9bil) between January and November last year, with US$2.1bil (RM6.5bil) remitted from Malaysia. http : // thestar. com. my / news / story. asp? file= /2012/1/1/nation/20120101141515&sec=nationwhere
Some silly people about, have a look at three small buy trades around 8am yesterday 17/01 for: 4792 5226 5301 Then look at the sells, each one sold again at a loss, two within the same hour and one today. Once these type of guys shift on we can hopefully attract investors.
Emerging consumer survey reflects Indian optimism: Credit Suisse Looking forward, the survey suggests growth in mobile phone penetration looks set to be relatively strong in Indonesia (still 29% of our survey sample said they did not own a mobile), Ali Naqvi, Credit Suisse`s Asia Pacific Head of Equities added: ``Headline results from the three Asian markets surveyed provide further evidence that consumers are much less affected by the pessimism that has beset consumers in other countries. The Asian consumer is still optimistic and this delivers a clear message to global investors: Asia`s consumption growth story remains intact, despite the lack of economic confidence globally.`` full report: Source: IRIS (18-JAN-12) http:// www. myiris. com /news Centre/storyShow.php?fileR=20120118115416199&dir=2012/01/18
Serving the Unbanked Mobile Phone Users in South Asia - 13 January 2012– 70% of the population of South Asia has no access to mainstream banking. The banking penetration rate has been slow. But mobile penetration has achieved remarkable growth. The CEO of the conference organizing company, Magenta Global Pte Ltd, Singapore, Ms Maggie Tan, said: “ The growing trend towards mobile banking cannot be ignored. South Asia with its huge untapped rural masses must capitalize on its potential. How to access banking securely and conveniently with the mobile phone is key to its growth. The partnership between cellular operators and banks will provide unparalleled revenue opportunities.” She further added “Coupled with the increasing popularity of iphones, Ipads & blackberrys, demand for mobile content and apps can only explode. All stakeholders must pepare to catch the waves”. http://www.openpr.com/news/207060/Serving-the-Unbanked-Mobile-Phone-Users-in-South-Asia.html
thanks, MBO went up to around 8p in January last year. In Indonesia, PT MobilityOne Indonesia has secured several contracts to provide system maintenance services to 2 major mobile operators namely, Indosat (http://www.indosat.com/) and XL Axiata (http://www.xl.co.id/) and expects additional similar contracts to be secured in 2011.
Big partners: Major agreement with Carrefour Malaysia to roll out approximately 300 EDC terminals £4.7 million contract with Telekom Malaysia Berhad Money transfer services agreement with Coinstar Money Transfer Multi agreements with Cambodian telecom companies Indonesian contract with two major mobile operators http://www.mobilityone.com.my/pages/pdf/10june2011.pdf
29 September 2011 Important agreements signed with Bank Muamalat Malaysia Berhad and Felda Trading Sdn Bhd in Malaysia Besides the two new agreements mentioned above, we continue to expand our existing businesses and explore new business opportunities with more business partners that will contribute positively to the Group's future earnings. http://www.mobilityone.com.my/pages/pdf/29Sep2011.pdf