Member Info for the_shareminator

Getting close to my 12p shout back in July last year

From the most recent FY company results... - New client wins jumped to 21 from 15 - Annual contracts totaled 42 up from 33 - Value of contracts rose to £3.1m from £2.4m But despite this they still made a loss before tax of £1.58m. This was down by only £132k from £1.71m. After tax looked slightly better with the income tax receipt showing a total post-tax loss of £1.46m (down £146k from £1.61m) but still a huge loss for a company burning cash it can't afford to lose. If £700k of additional contract value reduces the pretax loss by £132k assuming this is roughly accurate although not the only measure, they are going to need approx £8m+ of new contracts just to meet the ever increasing costs (this was before the admin cost increases in the HY report). I presume margins will improve as contract numbers increase, for example share of admin costs should fall but I can't see IMTK breaking even this year. "The growth in the aggregate value of our contracts and our strong renewal rates gives the Board confidence that, as greater proportion of the fixed cost base is covered by the existing customer base, the Company's contracted revenue base will be able to underpin the fixed cost base of the business in the long term." Excessive administration costs are why the company turned a loss last year and again looking why they will continue to do so this year. The market has long since priced this in. Lastly liabilities against assets has been rather poor viewing for a while now and unless a placing or further loan is provided to shore up cash-flow I very much doubt we will see a positive net asset position in the next set of results.

Of interest for anyone looking to follo IMTK, posted last July. Clear breakdown of FY results and the concerns listed at the time. Share price has dropped some 75% in that time from 7.88 to around 2.00 before today's update. ClockworkOrange and isoltofcamelot - not to rub your nose in it but I hope you realised your losses and didn't hold

Careful not to get stuck in here. Last we heard the company were still loss making and plugging the leaks through placings (£610k over 2 placings) and government grants / tax credit (£160k). It will be a while yet before the company are able to make more than the costs incurred. Specifically, take a look at the ridiculous admin costs, for what this company is making, £2.4m in the first half, according to the company "largely reflective of having a full time CEO for the entire period as well as third party costs incurred in the delivery of certain consulting engagements". I'd be surprised if there was not a further placing later this year.

In development for the past 6 months. Very positive for RCI going forward.

Excited to see the results breakdown. Not expecting any surprises, just a stock squeeze in the coming weeks and push onto 14p :)

25k Director sell at 98p is another clear signal to dump into current strength in my view. That's over half his holding in illiquid markets. The reason for selling, as yet, unknown. However you can bet your bottom dollar he wouldn't have sold if results were looking rosy. S.Korea would be my main concern given economic trends in recent months

Shares in Randgold Resources (RRS) tumbled 205p to 6,410p after Morgan Stanley downgraded its rating on the stock to 'equalweight' from 'overweight'. The bank noted that Randgold’s shares are up 53% year-to-date and said it was time to take profits. It also added that the stock looks fully valued and implies metal prices that are far above spot leaving the risk-reward skewed to the downside.

Oil up. MYR coming back. Malaysian stocks looking cheap. SYQ due a bounce.

Results due this week. Hoping recent support will underpin a bounce on results days if there are no nasty surprises

Author presents some interesting methods of assessing value here. Wyn has not performed well for a while now although recently did bottom. The author has been tipping them since early 2014 however and given track record to date it wouldn't be one of my tips... http://www.iii.co.uk/news-opinion/richard-beddard/ten-years-wynnstay?context=LSE:WYN

http:// data. beaufortsecurities. com /news/MBO/MOBILITYONE-LIMITED-ORD-25P-news

Whilst we await Full Year 2015 results it's worth reposting a list of sources and new finds which help to build a picture of the company and it's role in Malaysia. A kind of due diligence with the absence of firm audited accounts (most AIM listed stocks fail in that respect). MobilityOne was incorporated in Jersey in March 2007 and is the holding company of MobilityOne Malaysia. MobilityOne Malaysia in turn is the holding company of Netoss. The Group is in the business of providing e-commerce infrastructure payment solutions and platforms through its MoCS and ABOSSE technology solutions. Company webpage http://www.mobilityone.com.my/v2/ List of MobilityOne news stories over the years http://data.**********************/news/MBO/MOBILITYONE-LIMITED-ORD-25P-news MobilityOne appoints Abu Bakar bin Mohd Taib to Board as Non-Executive Chairman. Abu has previously worked for several listed companies and financial institutions in Malaysia including Nestle (Malaysia) Berhad, Bank Bumiputera Malaysia Berhad (now part of CIMB Bank Berhad) and United Malayan Banking Berhad (now part of RHB Bank Berhad). Why would such a successful individual move to MobilityOne if the company did not have an exciting future ahead? http://www.talent4boards.com/mobilityone/ Full year results (Dec 2010) released back in June 2011 showed revenue increased by 69.6% to £23.3m. (2009: £13.7 m.) and losses after tax reduced by 76.5% to £0.2m (2009: loss after tax of £0.9m). At the time the company was valued at 6.38p. The company turned more than £31m in the first half of 2015 and a profit after tax yet trades at less than 2.5p today. - "we saw a substantial increase in revenue in banking channels, where prepaid mobile phone subscribers are becoming more familiar and comfortable with transacting via channels such as mobile and internet banking and ATMs" http://www.thebusinessdesk.com/westmidlands/losses-reduced-at-mobilityone.html Listed on the Bank Negara Malaysia website under List of Regulatees http://www.bnm.gov.my/?ch=ps&pg=ps_regulatees Job vacancies at MobilityOne http://jobstxt.com/35723/job-as-software-developer-july-2015-in-mobilityone-sdn-bhd-technology-park-malaysia/ Dato’ Hussian @ Rizal Bin A. Rahman - (MBO) "works closely with most of the telecommunication companies and financial institutions in Malaysia" http://www.tfp.com.my/default.asp?contentID=536 http://www.jobstreet.com.my/en/companies/447242-mobilityone http://www.fsiblbd.com/?p=1816 http://www.stockopedia.com/content/one-to-watch-mobilityone-growing-se-asia-e-payment-revenue-63299/ http://listofcompanies.co.in/mobilityone-limited/ http://www.reuters.com/finance/stocks/companyOfficers?symbol=MBO.L http://www.myglobalbizz.com/services/mobilityone-limited/ http://www.qoo10.com/shop-info/mobilityone

The share price was up 50% in a matter of weeks, touching levels not seen since Autumn 2014. A good time to take profits. The price of silver is moving up today but no guarantee it will maintain this momentum throughout the year. Fresnillo has always been a trades share, easier to read than HOC and often moving ahead too.

http://www.thestar.com.my/business/business-news/2016/03/02/ringgit-opens-higher-vs-us$-on-wednesday/

BVM has disappointed markets for a while now. They are old news IMO, what have they done in recent years to suggest they will buck the trend? http://www.iii.co.uk/articles/298091/three-aim-growth-shares-your-isa

Rapid recovery cloud :) Sentiment looks to be still with those holding.

Worth holding over the weekend to see what happens now IMO. It may simply have risen on the back of the MYR performance lately which results in net equivalent GBP increase to the company cash position. GLA

The Ringgit vs the GBP is now back to levels not seen since early June 2015. The MYR bounced off 1 / 6.75 in September and now sits at around 1 / 5.81 Oil prices have risen today, good for Malaysia whose economy is somewhat reliant on revenues generated from domestic production. Meanwhile the EU continues to weigh on the UK and its currency. Second half trading figures here once converted may seem weaker. We have H215 results due in June. http://www.xe.com/currencycharts/?from=GBP&to=MYR&view=1Y

Looks heady in a market fall of froth lol Will keep an eye on her but for now I can sleep at night and forget about the 1-2% movement