Mogo Finance Technology Inc.

MOGO-T

Analysis and Opinions about MOGO-T

Signal
Opinion
Expert
BUY
BUY
June 19, 2018

This is a way to play the millennial fintech market with a dash of crypto. The stock made its IPO at 10, then pulled back sharply. They have a platform that allows millennials (or anyone else) to get loans, mortgages, and other financial products -- now including a crypto layer. There are 10 million millennials and Mogo has 600,000 (6% of the addressable market). There is a likely tipping point at 10% of the market, so Mogo should add another 400,000 users, and they are on their way there. The company has been able to deliver top line growth, but not big earnings, which has put the stock under pressure. She recommends patience, that in a stock like this, the earnings come eventually.

Show full opinionHide full opinion

This is a way to play the millennial fintech market with a dash of crypto. The stock made its IPO at 10, then pulled back sharply. They have a platform that allows millennials (or anyone else) to get loans, mortgages, and other financial products -- now including a crypto layer. There are 10 million millennials and Mogo has 600,000 (6% of the addressable market). There is a likely tipping point at 10% of the market, so Mogo should add another 400,000 users, and they are on their way there. The company has been able to deliver top line growth, but not big earnings, which has put the stock under pressure. She recommends patience, that in a stock like this, the earnings come eventually.

COMMENT
COMMENT
December 23, 2015

A name where there was a lot of growth priced in on the IPO. The company is still growing, but not profitably yet. However, it is so oversold and we are starting to see the bounce. That is probably the end of tax loss selling and you could see a nice trade in it here.

Show full opinionHide full opinion

A name where there was a lot of growth priced in on the IPO. The company is still growing, but not profitably yet. However, it is so oversold and we are starting to see the bounce. That is probably the end of tax loss selling and you could see a nice trade in it here.

Showing 1 to 2 of 2 entries
  • «
  • 1
  • »