Mobilityone Share Discussion Threads

[mattjos] 21/6/2021 18:14

waiting to see the WISE IPO Docs and can then do some digging and comparisons with MBO … should be very illuminating

[king suarez] 21/6/2021 17:53

Any thoughts on how WISE margins appear so high?

[mattjos] 19/6/2021 21:01

I’ve repeatedly tried to draw readers attention to MBO’s peer group valuation metrics. Fin Tech companies (many of which are not even profitable & still in the ‘cash burn’ phase) attract very high valuation metrics as the broader markets generally see that Fin Tech is the future, as physical cash use continues to decline towards its inevitable demise.

Fin Tech ecosystems consist of hundreds, thousands, millions, billions of individual users who are using the ecosystem to move money from A to B … and those ecosystems are a marketing goldmine for targeting consumers, attracting and developing loyalty, cross-selling and a host of other value-added services.

I do not see the fact that Malaysia operations should be a detractor or bar to MBO achieving a much higher valuation. Malaysia is far ahead of other territories / regions in the world & is also a very competitive market …. MBO is proving itself in a competitive landscape & growing fast. This is a pedigree that will serve it well in the future, particularly when it enters the UK market.

This is fantastic opportunity to invest in a high growth company well ahead of others & where peer group valuation methodology in the marketplace will soon highlight MBO as ludicrously, ludicrously cheap.

Using the property market as a parallel: It’s always best to buy the cheapest house in an expensive neighbourhood than vice versa.

I remain persuaded that this recent bout of myopic trading in the shares will not persist for much longer. WISE imminent IPO may just be the necessary catalyst for most others to realise this & retain £2 target price in under two years from now.

[mattjos] 19/6/2021 20:47

Indeed KS, indeed!

[king suarez] 19/6/2021 20:34

Wow. Wise 2020 revenue of £320m and pretax profits of £20m - IPO valuation 'potentially £5bn!'

MBO revenues £247m, pre-tax profit £2.26m.

So obviously Wise has greater margins, of currently around 6.25% v MBO margins around 0.9%.

You could argue on a like-for-like basis MBO should be on around £500m valuation. But I think that is a bit crazy at this stage. Can easily see this getting to around £200m valuation in the next couple of years though.

Will be v interesting to see how margins increase with the Mastercard and Swift processing stuff.

[mattjos] 19/6/2021 20:10

https://www.valuethemarkets.com/2021/06/09/fintech-firm-wise-ipo-smart-choice-investors/MBO revs £250m & Mkt Cap just £32m ...... ridiculous.I know which share I'd rather be holding

[mattjos] 19/6/2021 20:06

It'll be very interesting to compare valuation metrics of MBO with WISE, when it IPO's in London

[markth126] 17/6/2021 10:43

I got them, then just to pay 32p for another 34k

[jeanesy] 17/6/2021 10:18

Could not even get that marth126 !

[markth126] 17/6/2021 10:07

Can only buy 5k at the minute

[fozzie] 17/6/2021 09:39

Good man Jitters, I will follow your lead just as soon as I have sold some other positions.

[jitters3] 17/6/2021 08:48

There you are Fozzie I've added sub 30

[1hercule] 16/6/2021 11:48

damn missed that

[fozzie] 16/6/2021 10:08

c120,000 shares sold around 9am and the stock plunges, plain daft. Some lucky punters bought at sub 30p.

[7rademark] 16/6/2021 09:39

Tiny volume with sharp movements, this stock is so illiquid its incredible.

[markth126] 15/6/2021 17:45

It's only PI's who are buying and selling as 75%+ shares are in owners hands. I'm sure they aren't worried as the progress they are making is phenomenal

[fozzie] 15/6/2021 17:39

Looks like I may have to buy more in the morning, -25% someone’s having a laugh.

[markth126] 15/6/2021 16:11

Despite the big drop today, the volume is still miniscule really. 1.4% of shares traded and the value of the business goes down 25% - go figure?

[scepticalinvestor] 15/6/2021 13:36

Lol sorry if it may come as a shock to you. But this is a dog lol

[fozzie] 15/6/2021 12:58

Agree, sold a few dogs in a couple of accounts and put the money in here. 5% position now.

[loafingchard] 15/6/2021 12:44

A few more for the pot at 34.3p, rude not to take advantage.

[mattjos] 15/6/2021 10:37

Cannot recall when I last observed such a ridiculous sell off for absolutely no good reason.
The figures have come in pretty much bang on what I was expecting for H2 2020 & I expect the growth to have continued during H1 2021 with now increasing profitability dropping through to the cash and profits.

Yes, a little disappointing that the UK operation is delayed but, hardly surprising given current situation with regards Covid.

Still cant find anything else growing like this company.

Really pleased to see the back of a lot of traders today and fresh hands take the stock on for the future.

[lankysop] 15/6/2021 10:13

Having told myself previously that I have more than enough of these .. I also seem to have added more this morning!! Couldn’t resist! A little disappointed with the UK delay but everything else seems very good and worth way more than the current mcap.

[fozzie] 15/6/2021 10:09

I missed the bargains at 33 and 34 as on my way to work, damn and blast! Had to pay 37 and 38. A full position here now for me so every cloud.