U.S. markets close in 2 hours 35 minutes

MoneyGram International, Inc. (MGI)

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
Add to watchlist
5.16+0.68 (+15.03%)
As of 1:25PM EDT. Market open.
Sign in to post a message.
  • a
    aslae
    Recently, MoneyGram is said to Expands in Philippines via PayMaya, Visa Direct. Furthermore. these other companies could possibly be the world’s largest pure-play lithium producer. Please check disclaimer on landing page http://psce.pw/WelcomeSurpriseforLithium
    EV Market Driving Demand For Lithium? Massive Potential
    EV Market Driving Demand For Lithium? Massive Potential
    psce.pw
    Bullish
  • J
    Just a human !
    Not too long ago I bought NIO and for a while I was disappointed but I kept telling myself , it's #2 company after TSLA and China alone is a huge market , well 6 months later NIO is trading 15 times of my purchase price. I bought MGI below $3 for same reasons , established company with a turnaround story with a Market savvy leadership that's taking this company forward with triple digit growth and profitability. IMO they will be looking to get in some kind of partnership with ANT group in near future unless they are bought out by WU ( Knowing about their CEO , he will probably have a low ball offer like sometimes I see in auto auctions where someone tries to bid $20 for a $10,000 car and everyone turns around and gives them that look and the next person bids $5000 )
  • D
    Dave
    🚨🚨 EXCELLENT earnings report 🚨🚨

    Company's path is game changing.

    Sadly no taka over news but time for suitors to get handsome and come knocking.

    https://ir.moneygram.com/news-releases/news-release-details/moneygram-international-reports-third-quarter-2020-results
  • J
    Jay
    I always wondered why management never bought their own stock if they believed the digital business would lift the stock price. That would show confidence in the company. We will know tomorrow.
  • J
    Just a human !
    Now we are talking , almost 1.2 billion dollars in revenue 2x $1.2 = $2.4 billion is the Price we are worth the least
    Bullish
  • N
    Neamtu
    9th month of triple digits growth.O M G. Huge results! Congrats to all longs!
    Bullish
  • j
    james
    MGI is leading the digital evolution in P2P transactions. MGI is experiencing over 100% YOY digital growth. 80% of all transactions are now done on mobile devices, mostly sending the funds to mobile wallets. With digital , MGI can also load cash to a credit card. Digital transactions suitably address infrastructure and regulatory barriers. Ripple , the creator of XRP digital currency own a huge stake in MGI and also implemented MGI's digital P2P system for transactions. Growth is exploding as digital is becoming the preferred currency worldwide. Buy and hold. Digital currency is faster (almost instant) and far more accurate in dealing with constant changing currency exchange rates. I have staked a nice claim in MGI , long term.
    Bullish
  • $
    $index++
    “Investors are always looking for stocks that are poised to beat at earnings season and MoneyGram International, Inc. MGI may be one such company. The firm has earnings coming up pretty soon, and events are shaping up quite nicely for their report.” - Zack
  • T
    Travis Goins
    Up we go! Great earnings report, digital transformation well underway. Congrats to all longs.
  • J
    Just a human !
    Facts :
    1. WU trading at 4 x annual revenue
    2. MGI is trading at .30 x annual revenue ( MGI at 4x revenue will be $4.8 billions )
    3. MGI entered into Saudi / Philippine's market in 3rd quarter and those revenues will be adding to 4th quarter .
    4. Strong growth / profitability coupled with extreme under valuation as compare to peers attracts large investors / activist investors and buyout offers ( you're a distressed property in the most desired zip code you will be bought out )
    5. The leadership is very market savvy and making deals and partnerships to increase business and shareholder value

    And the most important is WU leadership will be scolded by large shareholders to not be able to acquire a company with tremendous growth
  • B
    B
    Market is finally discounting a Joe Briben win corporate tax rates matter
  • H
    Howie
    let's talk valuation for the newbies:
    1. Digital channel projected rev is the same like Transferwise. OI is actually slightly better. Transferwise valuation is 5 billion. Let's say a fair value without the hype is 50% at $2.5bil
    2. Brick and mortar business was offered by BABA at $1.2bil in 2017. Let's discount because of P3Y decline, making a scapping value at $1billion

    Total valuation is $3.5Bil minus 800mil debt plus 160mil cash.
    You're basically buying a $2.9 billion company at $300 million.

    And you're SELLING????
  • T
    Travis Goins
    WU has presentation up for today's earnings report/call. 46% digital growth. They actually have a slide in the deck bragging that they lead the financial market in app downloads. Somebody should explain to them that has very little to do with digital revenues. I downloaded their app to compare rates to MGI and found them insanely expensive to transfer cash internationally.
  • T
    Travis Goins
    I guess WU is leading in App downloads (according to their report yesterday), but MGI is actually leading in growing digital app revenues and customer repeat transactions (haha). I can't imagine this not being a $10-12 stock price at these numbers and growth rates.
  • w
    wissam
    MGI should be traded not less than $30 based on their latest performance and the huge growth potential of their digital money transfer business.. their current forward P/E is around 7x which is very low compared to the industry and to other growth companies
    Bullish
  • P
    Peter
    $50 stock in a year
  • D
    Dave
    On the call when asked about refinancing debt MGI said "when we get closer to resolving some other things"

    To me that sounds like negotiations for buyout are ongoing.
    Question is does WU make in final this weekend or after hours today? Would be dream.
  • H
    Howie
    WU is already down 8% after BEATING on earning.
    How the table has turned. Do you want to invest in a dinosaur which can't make one single positive change for years?
    OR do you want to invest in the number 2 in the market with 300 mil cap and a turn around story which brought huge amount of smart money in for the past 3 weeks?
  • M
    Mike
    MGI is more popular with consumers/customers for the simple reason of lower fees. Win win, no buyout we grow anyway. If there is a buyout we get a hefty premium on the share price. Congrats to all on your patience
  • N
    Neamtu
    MGI earning beat by 0.10 + Goldman Sachs now Owns 10% of the company. See you there, on top!
    Bullish