You are here

Prices & Quotes - UK Markets - Mobile Streams (MOS)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 0.24p
Change Today:
-0.010p
Market Cap:
5.53m
Sector:
Mobile Telecommunications

Mobile Streams eyes fundraising amid Indonesia partnership win

By Duncan Ferris

Date: Wednesday 30 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Mobile Streams dropped on Wednesday after notifying shareholders of plans to issue further ordinary shares and a new partnership in Indonesia.
The global content retailer will seek shareholder approval by 15 February for the issue of 50,000,000 new ordinary shares in order to raise 0.1m in order to support its Argentinian operations and drive further growth in the Indian market.

Elsewhere, the AIM traded company confirmed that it has signed a partnership agreement with SIM Digital, which has previously acted as a consultant for Mobile Streams with respect to its Indian operations, to facilitate business development in Indonesia.

SIM Digital, which has billing connections with Indonesian mobile telecom operators and B2B agreements with regional gaming and apps companies, will assist the launch of Mobile Streams' HTML5 games service mobilegaming.com to over 250m network subscribers in the country.

Simon Buckingham, chief executive of Mobile Streams, said: "We are enthusiastic about the opportunity that Indonesia presents for our games service and are looking forward to working with SIM Digital to achieve success in the market."

The move represents the first time Mobile Streams has entered a new geography using a partner-model structure, rather than establishing its own local subsidiary, which the company said allows for "greater flexibility and speed-to-market through indirect third-party billing".

Sandeep Ganguly of SIM Digital said: "We have closely monitored Mobile Streams' progress in the Indian market over the past couple of years and truly believe their games service is particularly suitable to the growing games market in Indonesia, a market in which we are highly accomplished."

Mobile Streams' shares were down 11.11% at 0.40p at 1048 GMT.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Mobile Streams Market Data

Currency UK Pounds
Price 0.24p
Change Today -0.010p
52 Week High 0.44p
52 Week Low 0.20p
Volume 15,758,392
Shares Issued 2,354.55m
Market Cap 5.53m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Trend
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Income
Not Available
Growth
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
P/E
Not Available
PEG
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. full sector star
Dividend Yield
Not Available
EPS Growth
Not Available
Operating Margin
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector

Mobile Streams Dividends

No dividends found

Trades for 30-Jul-2021

Time Volume / Share Price
16:28 3,333,300 @ 0.24p
14:38 900 @ 0.23p
14:01 336,813 @ 0.23p
13:32 343,507 @ 0.24p
12:31 650,000 @ 0.24p

Mobile Streams Key Personnel

CEO Mark Alexander Epstein
Finance Director Rama Uthayanan