ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for charts Register for streaming realtime charts, analysis tools, and prices.

MBO Mobilityone Limited

5.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes

Dividends

No Dividend Data for MBO

Top Dividend Posts

Top Posts
Posted at 02/4/2024 12:58 by kaos3
i am boasting in fact ... one of the few in substantial profit trading mbo lol

mbo false prophets plc

so many words salad
so many emotions
so much activity
so many retreats
so little profits
so many big egos
so agressive posters


funny funy funy
Posted at 05/3/2024 11:49 by smackeraim
It's interesting to note, and many may have missed this. That one of the conditions that need to be satisfied for TETE to move forward with merger is that Superapps and Mbo have completed the disposal. Here are the TETE closing conditions from Nov 23 document on SEC website. TETE's Conditions to Closing The obligations of TETE and Merger Sub to consummate the transactions contemplated by the Merger Agreement, in addition to the conditions described above in the first paragraph of this section, are conditioned upon each of the following, among other things: ? the representations and warranties of Super Apps being true on and as of the Closing, other than as would not reasonably be expected to have a Material Adverse Effect; ? Super Apps complying with all of the obligations under the Merger Agreement in all material respects; ? Super Apps and MobilityOne Sdn. Bhd., a Malaysian private limited company ("MobilityOne") which beneficially owns 100% of the outstanding ordinary shares of OneShop Retail Sdn. Bhd., a Malaysian private limited company ("OneShop Retail"), shall have closed the transaction relating to the purchase by Super Apps of 60% of MobilityOne's ownership interest in OneShop Retail pursuant to the Share Sale Agreement, dated October 19, 2022, by and between Super Apps and MobilityOne, which is attached hereto as Exhibit 10.11; 88 ? Super Apps and MobilityOne shall have entered into a shareholder's agreement, which shall govern the relationship between Super Apps and MobilityOne as shareholders of OneShop Retail, including with respect to the composition of the board of directors of OneShop Retail; and ? Super Apps and MyIsCo Sdn Bhd, a wholly owned subsidiary of MyAngkasa Digital Services Sdn Bhd, a Malaysian private limited company led by Angkatan Koperasi Kebangsaan Malaysia ("ANGKASA"), shall, at least one day prior to the Closing, enter into a Collaboration Agreement (the "Collaboration Agreement") allowing OneShop Retail, as the authorized bill payment collection and credit lending agency of ANGKASA, to operate its payment collection system through ANGKASA's authorized dealers for the collection and remission of any payment of bills via cash payment, credit card, debit card or cheque. The Collaboration Agreement is attached hereto as Exhibit 10.12.
Posted at 01/3/2024 10:34 by smackeraim
I doubt there will be commercial traction at this stage. They're most likely needing to build and develop back end payment solutions- hence MBO have a job for software engineers on their careers section with the code SUPP-APP on it. Likely that both parties want this IP in place before they begin committing work on building it. So we await the merger as before..
Posted at 01/3/2024 10:13 by katsy
Latest RNS is clear as mud, has the deal completed but without a merger. Do MBO have the cash from TETE?
Posted at 29/2/2024 23:38 by mattjos
MBO has, in effect, committed cash it does not yet have to a new healthcare business.
Inevitably, the market will see the risk in such a move ... both the TETE deal has procedures in place for delay and so too does the MBO deal in the healthcare business.
There is a large degree of uncertainty, particularly given the tardiness in relation to TETE deal & uncertainty motivates selling.
Folk can simply stick cash in a Money Market account for 4.5% yield and do nothing ... 4.5% risk-free Yield looks pretty appealing when the MM's here happy to advertise a 15%+ online spread.
It's same across all MM AIM Stocks.
If the MM's want business, they'll tighten up the spread ... if they wont do that then they clearly not interested so I will (& have) now gone to DMA here, in the auctions, to pick up stock.
Posted at 29/2/2024 23:26 by dave4545
Yet when I return tonight and look at the leaders board and see Renx up 35%

It's just announced a $19 mil loss in 6 months and has cash a few months ago of around $5 mil left, that is how bonkers the markets are now, because it's spiking people pile in not one of them cares it's on the verge of being bust and will struggle to raise cash at a third of the current price.

I mentioned a stock to you with a identical valuation...which sounds better ?

A stock losing $30-40 mil a year with $5 mil left in a market struggling to raise funds.

Or a stock with £18-25 mil net cash making £9 mil+ profits a year

Well of course the latter is friendless and the other has buyers all over it which is why this market is totally screwed.

I mean today's seller thinks MBO is not worth holding and is a sell at £7 mil market cap.

It's main business has £200-300 mil turnover
It's paid £4-5 mil for a 49% stake in a exciting new Malaysian Healthcare Business
Super Apps looks like launching this year where MBO gets over £10 mil and shares.
Not to mention other bits and bobs

And people sell....I give up
Posted at 29/2/2024 23:18 by smackeraim
Nobody is punting money in risky stuff anymore. It's safer in high interest accounts. And, considering the end of the market we hang around, you've got very little interest in raises any longer, hence the discounts become deeper to make it attractive, or the dreaded Cln arrives. Luckily for us MBO ain't in that category. People will see soon enough what's going on. Patience wins.
Posted at 29/2/2024 18:38 by dave4545
So I need to see a doctor because the epidemic in day trading is killing the market...tops was the worst and he made the norm to post completel lies and fancy price targets then dump for 5% telling others they are going to rise 200-500% now everybody is at it

I hold 425000 mbo shares before anybody asks
Posted at 29/2/2024 13:42 by smackeraim
Pointless fretting over stuff you can't control dave .. MBO will be fine ?
Posted at 09/8/2023 08:40 by lloydypool
Agree that’s the most likely outcome CS but if they aren’t redeemed (arguably people have had the chance to pull already so why now?) then it looks like the sham merger goes ahead … then surely they need to pay MBO? That TETE filing seems to talk about much of the MBO revenue as going to the new entity (it even lists clients of MBO). I’m convinced it’s all a scam but if the scam involves moving $8m out of TETE into MBO then at some point MBO will spike (probably to then fall again, just like when the Alipay RNS was released).

Your Recent History

Delayed Upgrade Clock