Member Info for Jettydog

MBO showed profit of £1.07 million in H1 2020 and they generally do better in H2. So I expect annual profit for 2020 of around £2.5 million and £5 million sat in bank.
That is not a £12 million market cap company, can't stay at this level.

So far today 1% of the free float of MBO shares have been traded. Hopefully these shares will be held long term and contribute to the healthy growth in the share price.

Important to remember how small the free float is here. With over 70% in long term ownership there are only just over 30 million shares being traded. Back in August 8.6 million shares traded in a single day a quarter of the available shares.
I can't criticise how the BoD are building value here but I have long advocated them doing more to boost the company profile in the market.

Good luck LL, AIM down 1.8% already today but no trades means MBO flat which is a win on a day like this.

Hi LL, I think I had seen this, it would be good if the BoD got some more of this type of PR out there to get MobilityOne better known as that is all it needs to push it higher. Since that article was published MBO will have added more cash, I would guess somewhere between another 1-2 million pounds.

I would like to know how close they are on a FCA approval for the UK operation. That would certainly push MBO towards the mainstream.

Also I don't know what the person who sets the quoted share price on here has been smoking but they need to actually look at the trades.

I suspect that by the time we get our next business update RNS we will have around half the market cap sat as cash in the bank. The share price has to respond at some point.

There is a tendency on AIM which we are all guity of to look for stocks the will triple this week and maybe again next week. You get the fashionable stocks that everybody is talking up and have market caps in the billions and profits that will take many many years to justify.
If that is what you are looking for I would say MBO is not for you (but then it did do a 10x in an single day in July so what do I know). If you look for safe steady growth and measure return in months not days then maybe this is the place.

Hi, I got in at 5p in the Summer which was high at the time and I had a sticky month until the RNS's sent it crazy. Annoyingly I was playing golf the day it hit 50p otherwise I would have sold then but it's only money. ??
As I have said this tripled in 2020 and I think there is revenue and profit levels for a similar growth this year. We will see, but profitable companies rarely do badly.

Said before one of the best kept secrets on Aim. I do a lot of research on Aim and I look at lots of companies. I was looking at an energy company this week, revenue was a under £500k, loss was £4 million per year and they had about £1 million left in the bank. A money raise by dilution obviously on the way and this pile of s##t was "valued" at £14 million. Sure in 5 years it might turn a profit but good luck with that.
This company is 70% is owned by three people and they are more interested in building up revenue and profit than the share price. According to the half year report there is over £3 million in the bank, we can expect around another £1.5 million to have been added in the second half of 2020. So there is £4.5 million cash, we have started 2021 with more cash already rolling in. How can the market cap stay at £10 million while the pile of cash and profit grows?
If there is a criticism of MobilityOne it is they do not play the PR game well. They don't spend cash on analyst reports and broker recommendations to big up the share price.
Finally, I would like to see some of the growing pile of cash returned to the shareholders in the form of a dividend. If they returned £1 million that would be nearly 1p per share, a 14% return at it stands.

Goodbye to 2020 and if you hold MobilityOne it's actually been a great one. Share price has tripled, MoneyGram and Alipay partnerships and a UK operation in process.
The TRP acquisition from the 14th Dec is interesting. TPR holds a money changing licence from the Central Bank of Malaysia. As the RNS points out "At the present time the Central Bank of Malaysia is not issuing new money changing licences or remittance licences and therefore the Board believes the acquisition of TPR does have strategic importance to the Group and will be important for the Group's future expansion plans".
All the above coupled with the M1 joint venture point to an aggressive growth strategy for both revenue and profits. Bare in mind this is a company that has quadrupled its revenue over four years. Currently around £250 million revenue and profitable the market capitalisation of £10 million is looking slightly crazy.

Indeed, petty cash cost and will shorten the time it takes to generate cash. Fits in nicely with the rest of the portfolio too, smart use of resources.

We look to be heading for around £250 million revenue this year looking at the half year results. In that case, over the last four years MobilityOne has doubled its revenue every two years based on Malaysian phone payment only. The impact of the MoneyGram and Alipay partnerships and a UK operation should be to feed into the growth rate.
What I would additionally like to see is a continued significant growth in profitability. Levels are okay, over £1 million in the half year but higher profits would dramatically improve the market capitalisation.

This was 2.9p last December so over 300% up this year and the figures just keep getting better. As I mentioned earlier if we get UK FCA approval, that is potentially a total game changer.

Yes, FCA approval for the UK operation would be great.

Judging by the half year update we should see full year revenue around £250 million and profit around the £3 million mark. The real gamechangers will be a cash generating UK operation and/or one of the tie ups with MoneyGram and Alipay starting to generate big profit. The market would then have to react, there must be big players out there looking at MobilityOne.

Good to see this ticking up a little and I would like to see it back in double figures. MobilityOne is worth way more than the current market capitalisation, maybe FCA approval of the UK operation will kick it on. That will mean MobilityOne can do payment aggregation, electronic payments and e-remittance services in the United Kingdom.

June 2021 is when they publish the full audited results for the whole 2020 and we know already from the October Half Year Report that these are very likely to be very good with highest ever revenue and profit. I would hope we would get some statement or indication before then maybe alongside a partnership announcement or development of the UK operation.

Yes, the moving average has to be up, this share is up 400% this year alone. People like profit.