Is your mobile phone glued to your hand?

“Never invest in any idea you can’t illustrate with a crayon.” Peter Lynch

Mobile Embrace (ASX:MBE) is a fast growing, mobile marketing company.

Passionate founders, hugely scalable, high margins and massive tailwinds.

Crayons are so yesterday! Here’s my Mobile Embrace illustration.

Mobile Embrace business

 

If you want to read more go read the annual and half year reports.

Or be influenced by Marcus Hamilton at Taylor Collison.

MBE looks cheap for a fast-growing, mobile-focused company with a strong track record of delivering organic and acquisitive growth. Accordingly, we reiterate our Outperform recommendation and $0.45/sh price target.

Long Mobile Embrace. My target is $1 within 2 to 5 years, reassessing as it goes.

Regulatory and technology risks.

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