||EPS - Basic
||Market Cap (m)
|Software & Computer Services
Real-Time news about Mopowered Grp (London Stock Exchange): 0 recent articles
|the stigologist: ignorant or liar ?
23 Sep'14 - 10:35 - 444885 of 444885 0 0
If your share price is 24p and you go with the begging bowl to the city and ask for funding and you get it offered but at 5p, what does that say about your business and the confidence in it going forward. Never seen such a discounted placing in all my years doing this tbh.|
|bakunin: Can't ever see an entry point for investing in MPOW anymore.
70m new shares on top of the existing 16m.
As long as the share price is above 5p, the new placees will just drip-sell to any new buyers.
Way before the market has worked through such a massive chunk, the company will have eaten its way through the new cash, unless revenue soars.
It is, therefore, a clear bet on the company ramping up revenue in a dramatic way.
Does revenue at tech companies just start soaring from one day to the next? Not according to the Technology Adoption Life Cycle theory.
Obviously a very poorly-managed company. Only recently IPO'ed and ate through the money raised on admission at a rate of knots. With the cost structure they have (and giving them the benefit of the doubt that all the money is being poured into development and commercialisation of the products), they have clearly underestimated the market opportunity for their products, otherwise they should clearly have raised far more money like eg Wandisco (although that company is also ravenous for cash on a greater scale).|
|davids355: MoPowered announced some new clients including Shelikes and Roman Originals. Roman Originals will be using MOPW's newly launched Professional product. Fashion retailing represents a significant growth area for MoPowered with fashion shoppers being key adopters of the convenience of mobile shopping.
The announcement seems to indicate that there were other un-named clients also.
Full announcement (23rd May):
MoPowered secures new fashion retailer contracts
MoPowered (AIM: MPOW), the mobile commerce specialist, is delighted to announce that it has recently secured further contracts with fashion retailers. The Group has already established a proven track record of delivering m-commerce solutions to the fashion sector with existing customers ranging from large enterprise retailers such as Next and Superdry to mid-tier and niche retailers including Atterley Road and Wolford. These new contract wins continue to build on the Group's success to date both in the fashion and a variety of other important ecommerce verticals.
The Group has recently signed new long-term contracts with a range of fashion retailers including Shelikes and Roman Originals. Shelikes, is a growing online women's' fashion retailer, which will deploy MoPowered Performance to provide a seamlessly integrated m-commerce website via the Group's Software as a Service platform. MoPowered Performance seeks to ensure that the implementation is cost-effective and efficient, eliminating large up-front payments whilst delivering demonstrable return on investment.
Roman Originals, the multi-channel retailer specialising in women's plus-size clothing, will be using the Group's recently launched MoPowered Professionalproduct. MoPowered Professional is the Group's new solution targeted at mid-market online businesses, using the MoPowered platform. It delivers high-end mobile websites and native mobile apps to pure online and multi-channel retailers.
Fashion retailing represents a significant growth area for MoPowered with fashion shoppers being key adopters of the convenience of mobile shopping. The Group continues to invest in building its client base in the fashion sector, increasing its sales and marketing activities and strengthening its sales team. As part of this focus, MoPowered recently sponsored Fashion Digital UK, the first UK event of the leading US fashion e-commerce Fashion Digital conference.
Dominic Keen, CEO, commented:
"MoPowered has a strong track record in providing fashion retailers with an effective m-commerce solution. With fashion shoppers leading the way in adopting m-commerce, given the convenience and speed with which they can get their "fashion fix" on their mobiles and tablets, we see significant opportunities to expand in this vertical.
Our solutions can be tailored to a retailer's needs, whether they are a niche online retailer or a larger multi-channel merchant, and we remain confident that we are well placed to benefit from the m-commerce market's growth potential."
The announcement appeared to help MoPowered's share price, up almost 4% at 60-63p
|simon gordon: 2016 PBT £3.25m minus 22% tax = £2.3m, divided by 15.8m shares = 14.55p.
If they can make 14.55p in 2016 then maybe MPOW could be rated at 15x = 218p.
But have they got enough cash to last until 2016? Will they sign enough customers to meet the target? A lot of ifs, at this point, in the story.
A market cap of £100m equates to a share price of £6.32, divided by 14.55p = 43.4x.
I don't see a unique product that will give MPOW such a rating. 1234ed how have you deduced a £100m or £160m market cap?|
Mopowered Grp share price data is direct from the London Stock Exchange