Mobilityone Share Discussion Threads

[smackeraim] 31/10/2022 08:07

Nicely blue

[someuwin] 31/10/2022 08:05

Good start.

[candlestick1] 31/10/2022 00:23

Looks like we wont have long to wait until Shareholder meeting to consider approval. DEFA14A was filed on 19/10. Not fully certain if this date starts the 30-day window, but it seems to be."Parent Shareholders' Meeting shall beheld as promptly as practicable, in accordance with applicable Law and Parent's Organizational Documents, after the Proxy Statement is "cleared" by the SEC, but in no event later than 30 days following the date the Proxy Statement is "cleared" by the SEC."

[ac_trades] 30/10/2022 18:41

Good to see MOB getting mentions over the weekend, expect the upward trend to continue this week as more investors jump on board.

[smraynot] 30/10/2022 17:45

Multi bagger this coming week imhho. Watch a very strong start. You have to be in it to win it.🚀

[wageslave] 30/10/2022 13:45

MOB gets a mention here. https://ukinvestormagazine.co.uk/aim-weekly-movers-mobilityone-ecommerce-deal/

[jaspoland] 29/10/2022 17:44

When the richest man in the world is talking superapp you take note. Taken from Sky news article from early October 2022.
Elon Musk is planning to buy Twitter for his original offer price - and he's hinted at his plans for social media.

The world's richest man is proposing to go ahead with purchasing the platform for $54.20 per share, a total value of $44bn (£38.4bn), following months of legal battles.

After news of the deal's reinstatement, Mr Musk said that "buying Twitter is an accelerant to creating X, the everything app".

And he said that buying the platform has brought forward his X project by three to five years, "but I could be wrong". He gave no further details.

The idea behind X is a sort of super app, combining messaging, social media, payments-and lack of reliance on ad revenue, similar to the Chinese WeChat. That already has more than one billion users, but so far no equivalent exists in the West.

I know others have alluded to MBO being able to offer multiple access to their platform but the fact this is so far an FarEast thing the mind boggles.

Sounds like the West have a fair amount of catching up to do and Musk appears to have cottoned on too

[jaspoland] 29/10/2022 16:42

The share structure will have the same effect to the upside as it did to the downside. Positive news will have this multiply many more times imho. Those acquired around 5p will see a 10bagger I'm sure

[candlestick1] 29/10/2022 16:00

We also have to really consider the holdings of Dato' Hussian and the Estate of Dato' Shamsir bin Omar. Between them, they hold 62.5m shares, out of 106.3m in issue. This means there is a free float of just 43.8m. Try buying some when news kicks in!

[candlestick1] 29/10/2022 16:00

Really interesting to see the impact that Vidacos selling has had - They held 21m on 30 Aug 21, they sold those down to just 7m by 3rd June 22. Their sells accounted for 39% of ALL volume over that period. If we assume that 39% ratio continued since 3rd June, they will have sold out of all of their holdings on 19th October - the day we got the JV news.Their impact on the share price is well known, but to put some clear numbers out there - Share price on 31/8/21 = 19pShare price on 3/6/22 = 9.5pShare price on 18/10/22 = 4pThe fact that they will be out provides a clear route for a massive re-rate; any news and increased sentiment should really drive it skywards.

[candlestick1] 29/10/2022 15:37

Nice review of where we are. Not sure we get 40% of TETE though, I think we get shares worth circa GBP3.67m, which the co are then planning to divest.

[mattjos] 29/10/2022 14:34

the more i look into the various entities involved in this transaction, the more it becomes apparent that the £104.5m 'Revenue Target' for FY2023 is nothing like as fanciful as it first appears … therefore the 40% Equity holding in TETE shares that M1 Malaysia is entitled may very well command a decent valuation premium after 12 months.

We could very well be witnessing the birth of a hugely significant new SuperApp in the ASEAN economy, based on MBO's technology, and that is going to add notable heft to MBO's ambitions to start operations in the UK.

[mattjos] 29/10/2022 13:48

Readers may wish to find the time to read the Preliminary Prospectus for TETE from 21/12/2021:



One of the (many) relevant points is the 12-month timeframe for completing their initial business combination so, the recent announcement from MBO detailing the timeframes for the transaction tie in nicely with this.

[guyswonga197444] 28/10/2022 18:15

lovely close

[mattjos] 28/10/2022 16:53

if the price movement (since the July 2020 run up to 57p) is a simple A,B,C Zig-Zag correction (Wave 2) & this is now Wave 3 in progress then, there is so much more to come and we should see new ATH's.
Certainly as compared to July 2020, this movement is proving much more restrained and durable.

[candlestick1] 28/10/2022 16:32

To give some perspective re the SPAC, its worth looking at Grab (as previously mentioned).When the announced the SPAC merger, the had lost $800m the year before. They were predicting a loss of $600m for that yearThe merger was the biggest South East Asian IPO in US history, at $USD45Bn. Possibly biggest in the world at that time (possibly still). They raised $4.5Bn from the IPO. Whilst it may not have worked for Grab's shareholders, these raise money.

[candlestick1] 28/10/2022 15:55

Lloyd - TETE has 37 institutional investors. The top 10 in terms of holdings of TETE have Assets under Management just shy of USD$200Bn. I am going with their due diligence regarding whether TETE is the real deal. They will vote on the merger and then, if approved, we are all good. If funds are needed, they will raised them privately via a Private Investment in Public Equity. That wont impact MBO negatively. There is always a risk that the merger wont be voted in, I think everybody is aware of that risk. However, I dont think unsubstantiated scaremongering helps.

[someuwin] 28/10/2022 15:30

Technology and Telecommunication Acquisition Corporation

NASDAQ:TATE

Current share price $10.19

Shares in issue 14,907,500

Current valuation US$ 151,683,813

[wageslave] 28/10/2022 15:27

The most obvious reason they couldn't buy the company is because a majority of shares aren't in public hands.

[smraynot] 28/10/2022 15:22

All positive in my eyes. 15p close and much more next week.🚀