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Lothbury. You are right, in my view, that it will take many months, maybe years, for some of the older investors to fully support the company [again] as no one really likes looking at a holding and seeing it substantially down.
Accepted I am positive but I do believe that its best to look at investments in a positive and hopeful way as in my past when I have had ones that I did not believe in I sold up and invested that money in ones that I do believe in. Looking at things positively does not mean that I then ignore the negatives though.
The biggest thing I am stumped with is why there are several individuals (investors? shorters? previous investors?) on this board constantly trying to rubbish the company. It's very strange.
Amtech. It's good to have opposing views and I appreciate that I am a new investor here but having someone who is a little on the negative side helps provide a balance for when others are positive. Or, if it goes as I expect, someone to try and subdue the hope as many get a bit excited (which does happen).
Clearly this will depend on future news flow and company developments.
Simple case of companies struggle until they don't. And then companies do well until they don't. I believe that Mobile Streams PLC could be on the cusp of turning things around and that's why I have invested.
Amtech. You almost seem a bit annoyed that the share price is ticking up? Surely we all want to see it go up? Even if you are looking to offload your shares its better that it goes up!
For balance and looking at it another way. Maybe often sells are just people that need the cash as its not always going to be selling for company specific reasons. So for example it goes up by a tiny amount as it has done and someone then thinks great I can get a little bit more back and they don't have the means rather than conviction to wait. Who knows.
I noticed that too. But it is a market and if someone does not believe in the potential better that they sell up for something they do believe in. My view is that the price is too low even if it goes up considerably from this level and I think that assuming the company give us reasonable visibility as things develop investors (and traders) will see the opportunity.
Morning everyone. Just been looking at the last few days of trades and seems like more buying than selling. I am no expert on this stuff but assuming that the trades continue as they have been it may start to head in the right direction! It's anyones guess what the company update us on next, although an educated guess would be something positive on the betting side of things, and if they get out any news that catches peoples attention this could get interesting very quickly. Good luck all.
Personally I am very pleased with that RNS (and I accept that I am much newer invested here than many).
If the company can develop a number of these low cost near term producing fields then happy days. Pretty much everyone seems to agree that the company would be struggling (like many others) without Wressle so if they can get a few more like this developed and producing then that's what I am here for.
It's a really interesting strategy rather than going for the "moon shot" (expensive) drills that are more typical with small oil and gas companies and as part of a balanced portfolio an investment that I think will be very interesting (looking forward not back).
Thank you. I am not much of a trader although if something comes good much quicker than I expect then no complaints there. I am expecting to see if I have called this right or wrong by the middle of the year as (1) they say they are launching the bet venture in Q2 and (2) I am hoping for fairly regular updates as they move to that point.
P.S. And in the spirit of transparency I just added 500,000 shares. Sounds like a lot but it was less than £300!!!
Hepseal. Only in the sense that I have recently invested in the company and I want them to do very well. If you are insinuating that I am linked to the company in anyway then you are wrong. They would not even know I exist.
I have been very open about what I see as the opportunity and also have appreciated the other views which has helped me understand things better and I believe I now have a pretty good picture of the history alongside what caught my eye and made me pull the trigger. It's really simple:
1) Company is priced to fail
2) They have recently completed funding (as has been pointed out many times not as much as they were allowed to raise but in my opinion enough)
3) They have the various things they have done up to now but are launching a betting service and then a talk service
4) Most people seem to hate the company which in my view is much better than love a company (assuming that the companies plans progress)
5) I see a multiple return as a possibility and to be fair I would not even bother with any small company if it did not offer that possible return as you can look at other investments which have les risk and much more liquidity for that
Weedavemac. Agree.
Amtech. Assume you are on team MOS 👍 but was not 100% sure from your reply. Like Weedavemac says otherwise what's the point?
Thanks for all the background with the posts. Its certainly not been a flying success to date. Lets see what they can do in 2024 and as far as I can see from what they have released we won't actually have to wait that long to see the new venture coming to life. So whether you want to see them succeed or fail you should have a pretty good idea by the middle of 2024.
Weedavemac. Agreed. If they get this right there should be multiples of the current price on the table. Many multiples possibly without it even then looking expensive. If they get it wrong then yes it can go lower but that's a good risk V reward in my view.
lostmoney. Exactly. I am not sure why others have not worked that out. The partner obviously has as they pumped in £400K!!!
P.S. You called that HE1 opportunity much better than me yesterday. Hope that worked out / is working out for you.
Lostmoney. I think you have hit the nail on the head there. What will drive people to use it or how can MOS and their partners market the new business without spending lots of money? That is exactly what caught my eye at first, i.e. the partners can use their existing operations to promote the venture. We will have to see if it works but with approx 25m people in the Capital Media audience and also their well known presenting team you would think that it looks very different to the NFT business or indeed someone without that reach trying to launch a gambling venture in Mexico? Obviously the future will show us if this works but that existing reach / marketing platform is what moved me from "this looks interesting" to "that could work".
Amtech. I had a question for you if that's okay. Clearly you are unhappy with the company but at some point you must have felt like I do currently, i.e. there is an opportunity to get a return on your investment. Would you be able to share what / when made you get interested in the company in the first instance? Not a problem if you don't want to share and will respect that but it would certainly interest me and I have been transparent with what I like about them.
Amtech. I did not know that but if the NFT venture had taken off then it perhaps would have been a positive as you say he said.
Perhaps people need to separate (1) the company not delivering and (2) the company not having the right strategy or financial resources to pull something off. I think the second bit there is where MOS went wrong (i.e. needs a large amount to pay rights owners for their NFT rights and large amounts to spend on various different marketing) with NFTs but in my view NFTs are only good if they are very sought after and I like what MOS have been doing with the integrated benefits but I think its such a new idea it will take time. As a newer investor than most here I am not so interested in the NFT business.
As they did deliver the NFT platform I believe they will deliver the gambling platform (in part as I would imagine its already done its just a case of reskinning it and deciding on marketing etc with partners).
On updates all I can say is I would not be happy without regular updates as the project progresses (away from the results that they put out twice a year). I don't expect any financials in the updates and I don't think that they should be reported outside from the results but things like they put out last week so for example website / app ready to launch, start of marketing, etc. If there is anything more exciting than those sort of things you would think they would be wanting to shout about it too.
"Source oil and gas locally, urges Equinor energy boss".
Lead story on BBC Business website is along the lines of what UJO have been saying. Mainstream news putting out the same message can't be a bad thing. Usual eco messages within the article too.
That's my opinion. It is based on the fact that he said that it was his idea at the investor presentation you have right pointed out is not on their website!
Also in my experience of business relationships make a big difference and I think that ME is the sort of charismatic person that is very good at developing relationships with others.
So my opinion is based on it being his idea and having a good relationship with the others involved and they decided that MOS could be a part of it rather than just taking the idea and excluding them.
Secondary to that I believe the stuff he was saying about how having a listed company involved increases the compliance angles and if they believe that medium / longer term they could have something that could be attractive to a large company having all the compliance / regulatory / etc aspects really nailed down would make that attractive. First they need to launch and then grow something though.
I think I owe all the holders an apology! I may have jinnxed the share price a little by deciding to buy a small amount!