Mobilityone Share Discussion Threads

[barrygibb] 14/10/2010 20:33

follow the trend my friends
bg

[iroquoi] 14/10/2010 18:49

"Dato' Hussian A. Rahman, CEO of the Company, acquired 3,209,784 ordinary shares in MobilityOne ("Ordinary Shares") in an off market transaction"

Same amount of shares as 'previously'..? owned by GHL Systems Berhad, see:

[buggy] 05/10/2010 12:36

Gordon,

That I believe will be the latest date for them to release the results.

End of the year is 31 Dec 2010.They have to release the Full year results at worst on 30th June 2011, (6 months from end of financial year).

I am not however expecting it to be delayed to the last possible moment.

[simon gordon] 05/10/2010 12:24

Hi Buggy,

I'm hanging on in here. Is it correct that the next set of results will be June 2011?

[buggy] 05/10/2010 12:20

Simon gordon,

How are you doing. Still holding? It is a lonley furrow holding this share as it seems to be well under the radar.

I am still hopeful of a multibanger even from this levels, but it will probably take about a year.

People will only start taking notice once the results are out. I think the next set of results will be defining....even if only 25% of the projects have come on stream.

Anyway I am not complaining as this just keeps ticking up ..even if a bit slowly.

[simon gordon] 20/9/2010 18:21

Buggy,

Not too bugged out if it doesn't pan out with 50,000 on the line.

What I like about this story is managements' commitment to growth and the many factors that are coming together to take the company to another level.

At £4.3m it could easily five bag.

Your ace posts helped me decipher the story in super fast time.

Cheers :-)

[buggy] 20/9/2010 17:13

Hi simon gordon,

Well done, you managed to get hold of 50K without moving the price much.
I have high hopes for this.

Have to add however that I am more than 150% up, so DYOR as I really have not much to lose.

I still expect a multi banger from here though.I have looked at this company and looked at MONI, which ran away from me before I could take a position. I honestly believe that this is superior investment.I also looked at e-Pay Asia for a comparatble analysis.

I am in for at least another 18 months though I suspect that I will be in longer ... I just reaccess things as they evolve. This is one to buy and tuck away as there is not many shares about. Hopefully it would drift a bit down as people gets bored so that I can pick up more.

I really think that this is a no brainer if there is such a thing in any investment. People will probably only start paying attention after the full year results. And once it starts moving it will be swift , mainly because there is so little share in free float. The beauty about this H1 results is that it does not contain much of the benefits from the last set of contracts that they won.

Good luck.

[simon gordon] 20/9/2010 16:17

Hi Buggy

Saw this hit a 52 week high, read your excellent posts and bought 50,000.

Cheers :-)

[buggy] 20/9/2010 07:23

Hate to say this ...but I told you so.

Watch this baby go over the next few years...starting from 2010 results. By far a superior investment than MONI. First half revenue of £9.77 million ...up 81% and growth expected to continue. This is before the impact of the new contracts announced in June this year!!

Money transfer aggreement with COINSTER make a step change and takes MBO away from being a simply regional money transfer solution.

[buggy] 07/9/2010 09:44

I realise that I am a one man band , advocating for this stock.

I strongly believe thgat this will reward those that are patient. Have stated this since it was 1.5p, not so long ago, so this is not as a benefIt of hind sight.

My analysis are well documented in previous posts.

Not many shares in free float so if you can get any , keep hold of it and see what happens in time.

Already this has more than dopubled in the last few weeks since i started banging on about this.

Please do the comparison between this company and MONI or e-Pay Asia. Price comparison , TO as well as what they do. MBO does a combination of what MONI and e-Pay Asia does plus more, has far superior TO and is yet priced less than either.

DYOR then take your pick.

Warning I am invested, so plaese take a view that I am biased while analysing the company. Come to your own conclusion.

This is not an investment advice just pointing those that want to do the research to starting points.

[buggy] 02/9/2010 20:25

Sorry folks , my calculation in the last posting is out.

The last bit should read...

{In one deal we are supplying 100,000 EDC over 7 years....that is about 15,000 per year just for that deal!!}


I have corrected the original post.
......


Irrespective of this correction , this single deal is still significant when you consider that currently they are operating with just over 3,000 EDC terminals.

Hence this single deal has multiplied their EDC sales channel by a factor of 5 in one year.

I still firmly believe that this is one to buy and tuck away, wait when the masses realise and start flocking in.

For comparative analysis take a look at MONI , compare the share price to that of MBO even though MONI does not have a fraction of the TO that MBO has...[what MONI has is some heavy weight investors ( VISA etc), but they do not have the other arms of business that MBO can boast of].

MBO has several string to its bow:

1. It provides mobile banking ( like MONI).
2. It also has a licence for international remittance service ( similar to Western Union or Moneygram)

3. It is involved with prepayed reloads, (mobile phone top-ups, etc) {compare current share price to that of E-Pay Asia which has a TO of less than half of MBO. The share price for E-Pay is about 3 times that of MBO).

4. It is invoved with mobile wallet

5. Used for ticketing on busses and trains ( bit like Oyster in London).

6. It provides transactional system and payment collection services.

This company in my view has a stronger business model that MONI but then again it is not an American or European company so does not generate the same hype as MONI.

DYOR. I am a strong holder of the share, so do your own investigation.

It is your money... Don't take my word for it.

[buggy] 26/8/2010 15:18

This share will surprise us for those that are patient. Just buy and sit tight.

One thing about this company is that they do not try to sugar coat any unpalatable pill, they usually call it as it is... like the early warning about the expected downturn in their business due to economic impact .... well before other companies started admitting that there is a problem.

So when they give this statement in the last results it bodes very very well for the future indeed.

From the last results:


Current trading and outlook

As a result of the continuing global economic uncertainties and prevailing
market conditions, we envisage the financial performance of the Group for the
year ending 31 December 2010 to remain challenging. However, barring any
unforeseen circumstances, the Group is anticipating an upturn in the 4th quarter of 2010 in the markets in which it operates in particularly in consideration of the following recent developments (details of which were announced on 10 June
2010):

(i) MobilityOne Malaysia has signed an agreement with Carrefour Malaysia (www.carrefour.com.my) to roll out approximately 300 EDC terminals for mobile phone's prepaid airtime reloads across Carrefour Malaysia's 23 hypermarkets and 20 express stores throughout Malaysia;

(ii) MobilityOne Malaysia has been awarded a contract from Telekom Malaysia Berhad (www.tm.com.my) with the value of RM22.7 million (equivalent to c. GBP4.8 million) to supply telecommunication hardware over a period of 3 years;

(iii) In Cambodia, MobilityOne Malaysia has entered into agreements with 4 telecommunications companies, namely Hello Axiata Company Limited (Hello Mobile - www.hello.com.kh), Latelz Co. Ltd (Smart Mobile - www.smart.com.kh), Combodia Advance Communications Co. Ltd (QB Mobile - www.qbmore.com) and Viettel (Cambodia) Pte Ltd (Metfone Mobile - www.metfone.com.kh) to sell their prepaid reloads via EDC terminals and banking channels. In addition, MobilityOne Malaysia is in discussion with several banks in Cambodia to provide prepaid reloads via ATMs, Internet banking and mobile banking; and

(iv) In Indonesia, MobilityOne Malaysia has entered into an agreement
with PT Citra Multi Services (www.cms701.com) to provide up to 100,000 units of EDC terminals throughout Indonesia over a period of 7 years. MobilityOne
Malaysia is currently working with PT Citra Multi Services on the technical
aspects of the system and is evaluating the funding options and requirements for the EDC terminals.



When you consider that since they had their falling out with MR. KOISK, who they used to rent EDC terminals from, they were reduced to operating less than 3000 EDC terminals, with subsequent fall in revenue.
They resolved to manufacture and market their own EDC terminal brand, (OnePay).

Now fast forward to the announcements regarding the deals that they signed this year.

1. Roll out 300 EDC terminal
2. Supply Telecomm hardware ( worth £4.8 Mill over 3 years)
3. Supply 100,000 EDC Terminals ( over 7 years)
4.Prepaid reload agreements and mobile banking in Cambodia.



I still wonder why this has not yet got a following... except for the fact that it is not an RNS a minute company so is under most people's radar.


If we consider that the current Turn Over is achieved with about 3000 EDC terminal ... even forgetting about the mobile banking part, the deals announce is surely transformational? {in one deal we are supplying 100,000 EDC over 7 years....that is about 15,000 per year just for that deal!!



As said in my previous post clearly someone has spotted this and has been quitely building a stake. There is however not many shares in free float. He/she seems to have mopped up the free shares so any small trade moves the share price now.

[buggy] 23/8/2010 15:41

Someone seems to be quietly building a stake here. Not that I am complaining. Still think that over the long term this is going to be a serious multi- banger.

[mrshaungcm] 10/1/2010 17:30

buggy
gl

[buggy] 07/1/2010 13:47

MrShaunGCM,

Well done, profit is a profit.

I am still hanging in there as I think that this story has a long way to run. I tend to invest in overlooked companies with decided upside: go in before before the masses and then hope for multiples as the share comes into focus.

GL on your next venture.

[mrshaungcm] 06/1/2010 21:07

bailed out at 3p today
funds needed in TNCI and TEG

[buggy] 05/1/2010 17:37

gogoneko,

Agree that they can't issue shares for less than the norminal price. But would you take a placing for a share at 67% premium to the current market cap if you are not convinced that it is worth it? [ Hence the inference that the shares were at least worth 2.5p or the investor would have walked]

Last set of results was a loss: people were epecting a continuing profit and have not factored in the impact of the global melt down... hence actual performance not matched unrealistic expectation.

Profitwise: MONI is in the same line of business and a turnover of less than 10% of MBO, MONI has no expectation of profit in the next 2 years and yet commands a rating of at least 10 times that of MBO.

Personally: I am not unduly fixated with the profit level in this half,( will be nice if they surprise). I am however expecting evidence that their business lines are developing accordingly,( more banks and payment channel signed up, futher expansion overseas), as well as significant contribution from their current expansion into overseas markets. I expect to see evidence of increase in their trasactional activities as the global economy recovers. I am also expecting to see the stabilisation, ( making meaningful contribution to Turn Over), of their money transfer activity, as I know that this area is lucrative.

Investment window for me is about 24 months in which I hope to see a share price several multiples of the current share price.

Anyway that is my expectation as these will show a business with a future even if the current market condition has impact on immediate profit expectation,...as long as they have enough capital, ( or access to capital), to ensure that they can remain viable and competitive until market recovers.

[gogoneko] 05/1/2010 17:05

Not that I'm invested either - I just watch:

I'd be cautious about attributing 2.5p to "inherent value" - you'll notice that MBO shares are ord 2.5p shares, and as such the company cannot issue new shares for less than their nominal value (at least not to my knowledge they can't), so the lowest they could have issued them for is 2.5p. Nevertheless, someone obviously was found to offer new money at that price although under what circumstances, i.e. willingly or obligingly, I don't know.

As for prospects, I'm not sure as I no longer follow the sector that closely. Presumably things are starting to pick up in their market which will good for the co. but I'd also be hesitant to assume that profitability is assured - the last spike up last June quickly corrected itself.

[buggy] 05/1/2010 16:49

MrShaunGCM

Hopefully you got aboard after your research.

Good area of busineess, totally under-valued when compared to MONI.
Tightly held shares and low free float===> results in upwards price movement each time any moderate purchase is made. No one selling so share becomes even harder for mm to get pushing price up.

As previously stated I am a holder so not an investment advice. DYOR.

[mrshaungcm] 25/12/2009 11:00

buggy
thanks for ur input
shaunc

[buggy] 24/12/2009 08:55

MrShaunGCM,

Don't think it is a news leak. Price unduly depressed because under the radar. Few people now awakening to potential and taking position. Lack of free float hence this moves the price.

Last placing earlier in the month was at 2.5p when share were trading at 1.5p so says a lot about inherent value in the company.

My views only. I am a holder so DYOR. Not much news out there so nothing really new to add to what we already knew. [Except possibly that they recently added two banks as their client and also you can now use their ticketing system to purchase train tickets in Malaysia. Remittance services also now extablished with a partner in Bangladesh].

[mrshaungcm] 23/12/2009 20:27

at b/e point now
whats causing it to rise
a leak?
Good news due?

[btb2] 15/12/2009 17:18

Seems to be moving out of the doldrums!