In addition to seeking green or socially positive investments, from time to time August Investments seeks investments in emerging industries with potential for significant growth. Some years ago we did this for the emerging telcos (TPG Telecom, iiNet, Amcom, MyNetFone, etc) with great success. Recently we took positions in mobile… read more →
Our investment team has identified significant potential for growth in the mobile phone payments and services sector. They have selected Mobile Embrace (ASX: MBE), Crowd Mobile (CM8) and Touchcorp (TCH) each for a small investment. Already we are ahead on these. Not considered green – but ethically neutral.
The half year reporting season has started well. Results out for two companies, Tassal (ASX: TGR) with a profit per share increase on the previous half year of 41.5% and MyNetFone (ASX: MNF) with profit up 44.5% ps. Both have increased cashflow and increased dividends.
If Macquarie Telecom is boring, boring, MyNetFone is anything but. We don’t recall coming across a company which pays a dividend, yet we consider it to be speculative. MyNetFone (ASX: MNF) offers Voice over Internet (VoIP), data, video and cloud services to residential and business customers in Australia, NZ and… read more →