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Bullboard - Stock Discussion Forum Mogo Inc T.MOGO

Alternate Symbol(s):  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 > Check out August 2023 Investor Presentation on their website
View:
Post by 88guy88 on Aug 16, 2023 11:36am

Check out August 2023 Investor Presentation on their website

looks like the company is primed for 2024 second half....40% revenue growth...expanding margins and improving cashflow...great expense control

noticed that in July insider management got lots of options...Mike Wekerle is big shareholder

Price to Sales 1.01 and Price to Book Value is 0.70
As of July 31 1,238,479 shares shorted down 17,857

Average analyst target is $2.18x3 after consolidation is $6.54

Probably a good "shoebox" stock and let i ride til the end of 2024.....could be quite lucrative for patient investors....time will tell
Comment by 88guy88 on Aug 16, 2023 12:33pm
Having said all these points its also important to remember what kind of character the management have with this company....last week the stock ran up from 95 cents to $1.20 and then susequently got beat down to 93 cents because of the Postmedia deal for warrant at that 93 cent mark or $2.79 post consolidation The point about management is that they did not release the information in the form of ...more