Mobilityone Share Discussion Threads

[kaos3] 11/3/2021 09:20

the second I wanted to post something "clever" and buy in again ...

karma

[mattjos] 11/3/2021 09:15

fwiw, I believe the stock should be changing hands in the 40's, certainly not at this level

[mattjos] 11/3/2021 09:14

their London PR efforts may not be great but, this business is going great guns on all financial metrics & the price is ridiculously cheap given the sector, peer group ratings and growth. They've clearly picked up a lot of new customers and transaction levels as a consequence of Covid & I do not see those people going back to the 'old' ways.
The way I look at it … they've spent years developing the software and architecture for their ecosystem & achieved breakeven on 2019. Growth in users since then is now very clearly dropping through to the bottom line and into Cash & I expect those key financial metrics to ramp aggressively

[bumpa33] 11/3/2021 09:09

Ha! Sod’s law that, I’ll see what I can drum up ;)

[mattjos] 11/3/2021 09:08

the figures speak for themselves Bumpa

H1 2020 they had Revs of £119m … 70% of the entirety of 2019 & Cash generated in H1 2020 was 20% ahead of the entirety of 2019.

However, do keep posting like that as it's doing wonders for the price :-)

[bumpa33] 11/3/2021 08:38

mattjos - the grammar/proof reading on their corporate website is appallingly bad, their apps look like no one uses them? And they don’t appear to show anywhere on top online payment/e-commerce providers lists in Malaysia. I asked the old man about them - he works closely with Malaysia/Sri Lankan business in Europe - and he’s never heard of them. It’s a saturated market to be fair, but is this really one to be looking at?

Apologies in advance if I’m missing something...

[mattjos] 02/3/2021 20:58

I can only assume the slow progress is due to sellers who were impaled on last years misinformed spike & still looking to get out for evens without reviewing the current financial metrics of the business.I just don't see that as any relevant negative about the company itself rather, an opportunity to take up what others seem not to value appropriately.

[mattjos] 26/2/2021 12:49

amazing lack of interest in the shares still.
If H2 2020 continued to grow as H1 did, FY Revs will be approaching £250m & EPS near 1.5p
That's a trailing p/e of 7.3, which seems amazingly cheap given the reported growth & the sector the company operates in. I assume solely down to complete lack of coverage / PR

[mattjos] 16/2/2021 00:04

"the Company's wholly-owned subsidiary in the United Kingdom, M-One Tech Limited, is in the midst of preparing the necessary application to the Financial Conduct Authority to seek its approval for the Group to commence businesses such as payment aggregation, electronic payments and e-remittance services in the United Kingdom, areas in which the Group already has the operational experience in Malaysia"





About M1 TECH.UK

M Pay - Versatility at your fingertips. Multiple Essential services under one app.

Essentials for every migrant in the UK.
Remittance
International Top Ups
Bill Payments
Many more.

Converging Telco, business & infrastructure into one eco-system for value added services.
Inspiring a digital inclusion & driving growth through digital financial services for the migrant community in the UK.

[mattjos] 13/2/2021 21:14

This company could soon start to pay a dividend to investors .. one which could easily grow in the years ahead, if based on % of FCF

[markth126] 10/2/2021 15:49

Cant see any good reason for the drop back so added on this small weakness. Pleased I could grab some after rearranging portfolio earlier and some cash lying around.

[mattjos] 08/2/2021 13:31

thanks jettydog …. a good simple summary of things for new investors to consider & I agree 100%

[jettydog] 08/2/2021 12:13

Mobilityone has quadrupled revenue in the last four years but due to the low margin nature of the core business profits have historically been thin. However things appear to be changing as based on the half year report I would expect profit around the £2.5 million level for 2020 (with £6 million plus in cash or equivalents).
The money changing licence from the Central Bank of Malaysia, partnerships with Alipay and MoneyGram, setting up s UK office and a joint venture to expand payment terminal business in Malaysia are all moves to boost profitability further.
The share price tripled last year so let's hopefully see a similar growth happen this year.

[jbravo2] 05/2/2021 15:27

Yes, it seems poised for a breakout on revenue and the signs are there it going to show to the bottom line in what is a tight margin game

[mattjos] 05/2/2021 15:13

welcome aboard jb. Accts do make for nice reading, do they not?
This is clearly a 'COVID' beneficiary but, was already going like a train beforehand

[jbravo2] 05/2/2021 14:45

Have bought in here after having read the accts on Monday.
All set fair for substantial gains as the pandemic must have driven customers to MBO in increasing numbers.

[mattjos] 05/2/2021 14:17

folk still not clocked the importance and profitability of a money-change licence in Malaysia.
Market is sound asleep still here

[mattjos] 04/2/2021 09:29

well, the 2007 IPO price proved only fleeting resistance & rightly so, imo.
The company has evolved over the last 14 years into something altogether much more substantial

[kaos3] 04/2/2021 08:56

full respect for your research Matt - high quality

[capt bligh] 04/2/2021 08:48

topped up..again today very hard to find any stock great stuff Mattjos.