MBI mobi limited

is it a dog stock, page-12

  1. 14 Posts.
    To help you make your mind up lets have a look at the Telco/Voip market here in Australia.

    Competitors:

    Telstra, Optus, AAPT, Macquarie Telecom, PwerTel, people Telecom to mention a few.

    Each of the above have built a Fibre Network and can Interface with each other ensuring that there GP is High, they all have an organic growth prospective utilising their Networks.

    MBI: utilise other peoples Network the Voip market will be Hottly contested over the next 2 Years and the companies that control the Networks will survive this Play.

    On the other Hand can you really see the shares even under consolidation moving above 0.01, until thay push the Mobile/Data side of the business, they are a very small fish in a very Big Pond.


    Example:
    Macquarie Telecom have 20 Million Shares, turnover close 250 Million a year as the biggest reseller in Australia and their shares are only 0.90.

    At the end of the consolidation MBI will still have close to 650 Million shares. India is the shinning light and there entry into the US market may help, but they are a way off from this.
 
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Currently unlisted public company.

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