Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Mogo Inc MOGO


Primary Symbol: T.MOGO

Mogo Inc. is a Canada-based digital finance company. The Company provides simple digital solutions to help them in building wealth and achieve financial freedom. Its trade app, MogoTrade, offers lowest cost way to invest while making a positive impact with every investment. The Company also offers digital loans and mortgages. Through its wholly owned subsidiary, Carta Worldwide, the Company... see more

TSX:MOGO - Post Discussion

Mogo Inc > Raymond James - note on Mogo
View:
Post by ndiamond on Jan 11, 2022 1:18pm

Raymond James - note on Mogo

MOGO INC. (MOGO-TSX | C$3.48)

Attractive Entry Into NFT Trading Space

STEVEN LI, CFA  416.777.4918

VIEW FULL REPORT

 

 

 

RATING

Outperform 2

SUITABILITY

MA/ACC

MARKET CAP (MLN)

C$246

ESTIMATES

2021E EPS C$(0.55)

 

2022E EPS C$(0.47)

 

 

We view MogoTrade as a next-gen trading platform. They recently launched free commission trading for stocks. We expect crypto trading to follow, and down the line potentially NFTs (given Mogo’s option to go up to 50% of NFT Trader). In terms of price paid, our estimate of single-digit $mln looks attractive given OpenSea’s — the leading NFT marketplace — recent round of venture funding. The investment in NFT Trader adds to Mogo’s growing portfolio of digital assets and investments, which totaled approximately $150 mln (~$2/share) at the end of 3Q21 (including Mogo’s book value of its investments in Coinsquare).

 

 

 

January 11, 2022

Be the first to comment on this post
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities