RE: Golddust5 May 2020 10:34
no, arguably the largest concern is the lack of cash funding, however the fact that the BOD are paid in shares means that is highly beneficial to the cashflows of the business. That in my opinion is a key factor, warnz is also correct in the fact that clearly it provides an incentive for management to perform well imo.
There is a lot of hate for MOS in last 24 hours, and I think a lot of these people clearly are new here and have not done research, not read the latest RNS, not listened to the presentation etc. Since the new BoD it's been positive, new NET deal was successful which proves new data stream product is effective. This landed an additional deal as well due to the success of the first, both of these contracts have not been reflected in any results yet so please stop looking at latest annual accounts as it is a completely different company!!
The fact that the concern of lack of cash flows its not too severe a concern as they are debt free which is a massive plus. Also bear in mind they have the database of accumulated information over 15 years. This is a great little company that is undervalued, especially when you look at MTFB yesterday and compare.