Little Master
Posted 05 March 2015 - 10:36 AM
Anybody some insight into what today's cautionary may be about?
CAUTIONARY ANNOUNCEMENT
Shareholders are advised that MiX Telematics is in the process of investigating strategic alternatives relating to the
company, the full impact of which may have a material effect on the price of the company’s securities.
Accordingly, shareholders are advised to exercise caution when dealing in the company’s securities until a full
announcement is made
Little Master
Posted 12 February 2015 - 10:55 AM
Good results out this morning. Hopefully this will get the share price back on an upward trend
Third Quarter Highlights:
• Total subscription revenue of R253.7 million ($21.9 million), grew 15% year over year
• Subscribers increased by 16% year over year, bringing the total to over 495,000 subscribers at December 31, 2014
• Adjusted EBITDA of R68.4 million ($5.9 million), representing a 19% Adjusted EBITDA margin
• Company raises guidance for subscription revenue, total revenue and Adjusted EBITDA for the full 2015 fiscal year
which ends March 31, 2015.
Master
Posted 11 November 2014 - 05:36 PM
The business is solid. The share price over ran itself and is now slowly recalibrating. If you trading MIX you're making a mistake. Too small and too illiquid. If you're a long term investor (5+ years) then I wouldn't worry.
The fundamentals are:
Continued growth in subscribers.
Low market penetration
Wide geo footprint (rand hedge)
strongly cash generative business
solid management
Risks:
Tech company so could be prone to disruptive tech
What gamma said, this one and Afrocentric always been a big favourite of mine.. unfortunately not owning either at the moment = bought apartment in Stellenbosch (got it at great price) and disposed of most of my shares in the process, still keeping a watchlist though
Sage
Posted 11 November 2014 - 03:44 PM
Hit a low of 335 today. 10% drop.
Back up a little now but still very red.
And the drop from R4 just a few days ago continues...
4 years ago MIX grew from R1 to R6 in 36 months time and looked like a ongoing star performer. Then the last 14 months came...
Getting more and more worried by the day.
Or does one not let yourself become an emotional investor.
Gut still says ride it out.
Their results were good. Solid.
And if you can grow subscribers at 23% in a tough year that's not bad at all.
Trend will turn. It's just taken longer than expected.
The business is solid. The share price over ran itself and is now slowly recalibrating. If you trading MIX you're making a mistake. Too small and too illiquid. If you're a long term investor (5+ years) then I wouldn't worry.
The fundamentals are:
Continued growth in subscribers.
Low market penetration
Wide geo footprint (rand hedge)
strongly cash generative business
solid management
Risks:
Tech company so could be prone to disruptive tech
Member
Posted 11 November 2014 - 02:33 PM
Hit a low of 335 today. 10% drop.
Back up a little now but still very red.
And the drop from R4 just a few days ago continues...
4 years ago MIX grew from R1 to R6 in 36 months time and looked like a ongoing star performer. Then the last 14 months came...
Getting more and more worried by the day.
Or does one not let yourself become an emotional investor.
Gut still says ride it out.
Their results were good. Solid.
And if you can grow subscribers at 23% in a tough year that's not bad at all.
Trend will turn. It's just taken longer than expected.
Sage
Posted 06 November 2014 - 03:43 PM
Very little reaction again to this mornings SENS
Positive results, but few shares traded
It seems people have lost interest in this one
results look good to me. I'm happy just sitting on this share for next 5 years. Real growth still to come.
In retrospect I'm not sure the US listing was such a great idea
Little Master
Posted 06 November 2014 - 12:26 PM
Very little reaction again to this mornings SENS
Positive results, but few shares traded
It seems people have lost interest in this one
Little Master
Posted 19 August 2014 - 10:57 AM
Trading below R4.00 now 
Little Master
Posted 07 August 2014 - 04:03 PM
Pretty fair 1st quarter results out this morning.
First Quarter Highlights:
• Total subscription revenue of R236.6 million ($22.3 million), grew 22% year over year
• Subscribers increased by 23% year over year, bringing the total to over 462,700 subscribers at June 30, 2014
• Adjusted EBITDA of R52.0 million ($4.9 million), representing a 16% Adjusted EBITDA margin
Very little action or movement today though. Thought there would have been more activity after the results were released 
Sage
Posted 30 May 2014 - 02:59 PM
I dont like techie stocks. Theres just too many variables which makes future estimates much harder to predict. My 2 cents.
Agree but some risk in the portfolio is necessary to generate alpha. As long as portfolio weighting is controlled it's worth it in my opinion. But then everyone's different so what's good for the goose...or something like that...
Advanced Member
Posted 30 May 2014 - 07:43 AM
Master
Posted 29 May 2014 - 10:52 PM
ah...so HDB trying to manipulate the market as usual
Indeed, or at least someone did!
Sage
Posted 29 May 2014 - 04:48 PM
Nope, just one trade went through at R3,15 for 1 share!
That's about the sum of it..
ah...so HDB trying to manipulate the market as usual 
Master
Posted 29 May 2014 - 04:42 PM
Just logged on. Did I miss something?
Nope, just one trade went through at R3,15 for 1 share! 
That's about the sum of it..
Edited by Goliath, 29 May 2014 - 04:42 PM.
Sage
Posted 29 May 2014 - 04:39 PM
That was gamma running for the door!!!
Just logged on. Did I miss something?
Master
Posted 29 May 2014 - 02:46 PM
Goliath, you throwing in the towel too?
Haha, no ways! Unless something pops out like Pinnacle disaster I'm happy to hold this one!
Advanced Member
Posted 29 May 2014 - 02:45 PM
That was gamma running for the door!!!
1 share trade going through at R3,15!
The Oracle
Posted 29 May 2014 - 02:30 PM
1 share trade going through at R3,15!
That was gamma running for the door!!! 
HDB
The mediocre teacher tells.The good teacher explains.The superior teacher demonstrates. The great teacher inspires!!
Master
Posted 29 May 2014 - 02:26 PM
1 share trade going through at R3,15!
Master
Posted 09 February 2014 - 06:25 PM
I'm not. Mix is well managed, highly profitable and highly cash generative and growing subscribers across the world. This is an investment HDB not a trade.
I'm with gamma on this one, probably not a ten bagger but they keep on growing+nice cash generation = big plus in my books!
