daytrading july 26 morning, page-40

MBE: 4.3c now

only 307mln shares on register.


EBITDA is $0.85mln, up 165%


Expand into South East Asia's plus half a billion population market. Smart phone's advertising sector is getting big and so is MBE.


ISN in the making here.

If we apply a PE of 30X which is normal for a growth company, then MBE's market cap is $25.5mln or 8 cents per share, that is based on above EBITDA's result of $0.85mln.

If Net Profit increases to $2mln then Market cap can easily reach $50mln.