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Mi-Pay – “Trading and client update” = Trading and likely loss of significant client warnings

2019-08-12 16:15:53

Self-styled “leading provider of outsourced digital transformation and mobile payment solutions” Mi-Pay Group (MPAY) has updated including “trading for the first half of 2019 was broadly in line with management's expectations… two major contracts were renewed with clients representing 43% of the 2018 revenue during the period and strong operational metrics were delivered”… The shares are currently approaching 20% lower, below 8p. Hmmm…


Mi-Pay – “pleased to present” interims… so why are the shares materially down?

2017-09-26 02:44:34

Describing itself as “a leading provider of digital transformation and mobile payment solutions to Tier 1 Mobile Network Operators and Mobile Virtual Network Operators”, Mi-Pay (MPAY) “is pleased to present its unaudited interim results for the six months ended 30 June 2017”. The shares have responded to, er, sub 15p - approaching 20% lower!...

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