The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
Great news!! This is absolutely just the start for Mode.
Totality validates our technology!
Happy days
Well hopefully our American CEO can drum up some interest from the US.
Nice rise today although we have seen this a few times recently and then it’s back down to the low/mid 40’s.
Patiently waiting…..
To be honest i would like it to coincide with the super app launch and details of acquired merchants so happy to wait.
If announced tomorrow I don’t think it will do anything to our share price.....
Longer term it’s definitely positive
Well some revenue figures would be very useful for Mr Market. Currently we have no idea.....
June should be a good month though in terms of news flow.
Traderdan
Because if you do transact through the mode app then you will receive either BTC back or cash back. Card payments are very expensive for the merchant and therefore through open banking Mode will cut these fees out and the customer will be rewarded. It’s a win/win as it creates loyalty from the customer to the merchant and a more personalised service - data is the new oil and all that.
They are working on lots of different functionality for the app as well hence it’s called a “super app” ie. lending services, fx services, even investment services etc.
It’s worked in China so hoping we get first mover advantage. Fin tech is moving so fast these days and in the future no one will own a card rather like no one uses cheques anymore (under the age of 70).
Someone has to be the first in the Uk to do this and if we make a success of it then the sky is the limit.
Time will tell
Mode are presenting to over 1000 e-commerce merchants at a European Summit today.
See tweet from Janis Legler.
Nice!!!!
Looking at trades it’s does not look like huge volume buys driving this but then they may be reported at the end of the day of course.
Manufacturing facility will be ready at the end of the month so hoping orders coincide with that....Maybe wishful thinking mind you.
Anecdotally, we have had a lot of recent Fridays rallies.
Yes you do - quick and easy.
Nothing new in there but a good summary from our new CEO. He mentioned super app launch ‘later’ in q2.
A bit more patience required until lift off....
Presentation is now available on demand
https://www.virtualinvestorconferences.com/events/event-details/cryptodigital-currency-virtual-investor-conference?utm_source=Press%20Release&utm_medium=Press%20Release&utm_campaign=052021CryptoVIC
https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=MODE.L
Not massively reliable of course. AIM is such a news driven market that charts are not very accurate....
This will re-rate on news or at least a leak of news.
Trying to download/watch today’s presentation and I have registered but Mode’s presentation is the only one not available.
Anyone watched it?
It’s odd because we have supposedly been merchant acquiring in the UK for Alipay and Wechat yet we barely generate any revenue from it. It’s a legacy part of the business under the previous brand!
The Bitcoin wallet and super app I get but don’t fully understand the dynamics and commercial side of the Alipay/We Chat relationship.
Maybe it will all come together within the super app!
Well frustratingly we are correlated to the downside of BTC but not much correlation to any upside.....
Now where is that super app to diversify this business....?
Rewards can be Bitcoin or cash back is my understanding.....
They have to have the option in the super app for cash back because not everyone wants the vol of BTC
Should be in 2 weeks so I recon an announcement the week after bank holiday.
Not sure it will do much initially but as we build the business (super app in particular) and gain traction/recognition it should have a positive impact.
Let’s hope it’s not another false dawn.....
I am comfortable with my 20k position.
Cheap as chips
But the market needs to know how much revenue.....
Percentage growth is all well and good but if you don’t have absolute numbers the market will ignore it.
As we mature we will obviously get greater visibility.
Patience required here.....not long now.
Tesla predicated on their last quarterly earnings is trading at circa 330 x earnings. It’s also barely made a profit over the years (just started too more recently).
This is the world of tech and forward looking companies whereby they are valued on future earnings and potential. Some justify this and others simply don’t. I think Tesla is way overvalued and would not touch it with a barge pole as all other car manufacturers are developing EVs and will take market share).
AFC at £390m is reasonably priced vs many other hydrogen companies many of which (especially in the US) are 70% down from their highs in Feb.
If you think this company can’t reach its potential then don’t buy and go and buy a boring defensive consumer staple like Unilever or a cyclical like Barclays which have steady cash flows and dividends.
I like the risk reward here, albeit there are of course no guarantees.
GLA and DYOR
Great find Aimhammer.....
This along with the ammonia angle (ie cheap, safe and highly energy efficient) is all you need to know.
We are working with them to demonstrate the first integrated fuel cell ABB system in 2H 2021, for customer deployment starting later this year. We hope to have commercial orders coming in later this year.
ABB has won the contract to electrify every motorway in America with ultra-rapid EV charging and there is opportunity to deploy our fuel cells there. ABB will likely be our customer and then they will provide the turnkey product to their end-user.
Hang on to your shares and GLALTH’s.
The article is not downloadable as suggested but my mate has just sent me a screenshot.
100% legit.
The scale for ABB electrifying every motorway in the US and the number of locations that will need off grid fuel cells is mind boggling. We need to ramp up our manufacturing capabilities/partners.
H2 is going to be very exciting indeed.