I think you know the game. If I get too specific my source of newsflow will dry up very quickly. One of the characteristics I always look for when investing in a stock is who are the smart people backing the strategy. Two stand out with this company - Tulla Group and Todd Rupert (who are somewhat interlinked). Both have thrown serious coin behind this group and both have helped with strategy and opening doors. Mobecom is not content to just tap the South African, Singaporean and Australian markets with their disruptive solutions but they will ultimately have the huge UK and ultimately the US in their sights ($100bn of unclaimed loyalty reward points).
Guess who they brought on board to help with that global growth strategy ? None other than Todd Ruppert (built T Rowe Price to an $800bn FUM business) who also chucked $500k of his own money at the IPO. If you haven't already done your homework on this guy I would recommend you do some research on his achievements and his impressive global network. I think you will be a little more confident after that in assessing why this stock will have wings.
At the end of the day do your own research.
MBM Price at posting:
32.5¢ Sentiment: Hold Disclosure: Held