Member Info for Jettydog

Yes I did notice that but the Indonesian operation has been leaking cash and draining profit for many years so the fact it is gone is a big plus and will help profitability going forward. Plus an extra million on the balance sheet is a big positive in my opinion.
We will soon know what 2020/21 has to bring and I think signs are good.

The two big positives I take from the RNS that we didn't already know is the increased profit after tax of £1.87 million and how far they have progressed in entering the UK market. The UK financial market is significantly larger then Malaysia and the launch in a post Brexit world could be prefect timing.
We should have a 2020 trading update in October and the prospects sound good for the core business too "more mobile phone users are purchasing the prepaid airtime reload via mobile banking, internet banking and e-wallets applications". Yes the international remittance services remains small but the addition of MoneyGram and Alipay means this will start to grow from H2 2020 (i.e. now). This isn't currently core business but addition profit for the group.
Overall very positive and I eagerly await the 2020 trading update.

Unusual trading today. There were 76,540 bought and only 1,500 sold but the actual buy price was 12.80p this morning and 12.74p this afternoon so against all logic technically the price paid has gone down a fraction. However the Ask has now gone up to 14 so clearly the MMs are running out of the cheap MBO shares they hold and any purchases tomorrow will probably be at 13p plus.

I agree LL interesting analysis. For the results, I doubt if they will wait until the 30th, so three working days to choose from. I think tomorrow stands a good chance but not a biggie either way

Yes I would agree with LL, we have seen online and mobile doing really well all over the world in the face of Covid. Unless we are told otherwise I think MobilityOne are in a great place but we should know for certain in the next week or so.

It is true that this share is undervalued, great technology, great turnover, profitable, £5 million in the bank and only valued at £14 million. From H2 2020 we have the benefit of the Moneygram and Alipay agreements starting to kick in which will feed into a strong 2021. What the H1 2020 figures will show is what starting point we grow from, flat figures should see this tick up and good results should send it flying.

We are getting very close to the first half results and even flat figures should see this tick up and good results should send it flying. Mobilityone have around £5 million in the bank and their market cap is only £13 million so based on 2019 figures £8 million net capitalisation for £170 million turnover and £1 million profit. The turnover is great but what I would like to see is increased profit either in H1 2020 which would be stellar or by increasing electronic payments via Moneygram and Alipay.

No idea, low volume days always see a downward trend. Having said that the buy and ask looks way off the as the last trades which are marked as sells were way above the ask! LSE ticked the share price up yesterday when they shouldn't have and now it looks like they have totally over-corrected the other way.
Hopefully the company will get the figures out soon and we enjoy an upturn.

Yup, there go the early morning sells same as yesterday dragging the price down. Hopefully the share will recover like it did yesyerday and finish up on the day.

I commented of the daily pattern a while ago, early selling then good buying from mid morning, the early sellers clearly don't care about getting the best price.
The truth is this is a relatively safe buy in a turbulent world. If the results are good then that will boost the share price price and from H2 onward MoneyGran and Alipay start to kick in. So unless something really crazy happens we practically know now the figures through 2021 will be good.

As we move towards September we should soon get the formal confirmation of the 2019 figures and a trading update for H1 2020. Headline news for 2019 was revenue up 35.0% to £169.4 million and a return to profit and a positive PE ratio. So, what am I looking for from the 2020 figures?
Well first we are in strange times but the company has already said “Group's financial performance in Malaysia has not been adversely affected by COVID-19”. Indeed given 2019 growth was attributed to “strong growth in the Group's mobile phone prepaid airtime reload and bill payment business in Malaysia via mainly mobile and internet channels” there are optimistic hopes.
Secondly there are the agreements with MoneyGram and Alipay which will not affect H1 figures but I would like to hear what the companies plans and expectations are as this offers great opportunity for growth and profit.
Matching 35% growth will be tough, but even a steady increase would see full year revenue pushing £200million (say half year revenue of £85-£95 million and most importantly a profit). The Mobilityone market capitalisation as of today is £13 million, if the full year projections show anything close to £200 million and healthy profit that looks very low. Given the full impact of MoneyGram and Alipay hitting in 2021, the 2020 H1 figures will give us a view of the company’s future.

Nice find, get them young!

We must be close to a tick up!

LSE has lost 2 days on messages

Seriously, if that is your biggest mistake on AIM, a paper loss of 14% you're doing just fine. A profitable company where the revenue and share price will grow for the next 18 months and beyond. Assuming you want to exit your "big mistake" what was the purpose of your comments?
There are plenty of perpetually loss making pharma, mining or oil companies on AIM that will dilute your share holder equity to nothing for you.

Sorry to hear that, what price did you buy in at?

Really low volume day but shunshine on the way.

It says sells are 10 times buys and the share price has ticked up. It was flat last week and the price ticked down. Maybe we are on to something here if we all sell a couple of million each will the price hit a penny?

That is why we didn't see 20p. It will be interesting what tommorow brings.
18-Aug-20 13:38:52 13.20 100,000 Sell* 13.00 16.00 13.20k O
18-Aug-20 13:36:52 13.9272 100,000 Sell* 13.00 16.00 13.93k O

Nice steady rise works for me. I would like to see this built on tomorrow.