THe more I look into MBI, the more impressive it seems.
Their growth potential is quite massive at the moment, it's mind boggling.
This financial year we will see the inclusion of two cash flow positive and very reputable acquisitions contributing to the bottom line, an agreement with Crazy Johns and commercial rollout of its Mobidata products in the India market.
The market in India is years away from saturation point, so who knows what market share MBI will get in India.
I think once the consolidation takes place, the stock will lose its penny dreadful status. I've seen it happen in other stocks such as TOX.
With the DOW down, today may present a good buying opportunity.
I'm in for the long run
Cheers
MBI Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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