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Best opinion piece on MBE today. Thanks WC. Finally a balanced...

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08/08/17

14:42

Post #: 26364477
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Originally posted by West Coast ↑

My outlook is the company will struggle to readjust while writing down DCB, maybe Clipp and no doubt the books were spun to create guidance. Possibly Eggmobi was included in the revenue or other figures.

MBE will struggle to get back on track with revenue sure to decline further with the closure of DCB worldwide. So really we were bullshitted to believe the DCB was temporary when they knew it was 90% + chance of being permanent.

However, the rest of the company ex Clipp is a very exciting prospect with the SP coming off a low base I wish the Performance marketing all the best over the next 3 years and hopefully some of us will get our capital back should MBE get up around 30 cents again once all the write downs and adjustments conclude to a more legitimate business overtime. DCB was a leech, scam service and MBE got what it deserved.

MBE get rid of all the dodgy business, sell clipp or give it away for debt forgiveness and move on!

All in my opinion.

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Best opinion piece on MBE today. Thanks WC. Finally a balanced piece.

MBE Price at posting: 8.9¢ Sentiment: Hold Disclosure: Held
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