Middle Coast Investing on Mobility Global Inc.
Thesis
Mobility Global owns CARFAX and related automotive-data businesses after spinning off from S&P Global. Management targets 7.5%-10% medium-term revenue growth and subsequent margin improvement, and the investor sees a proprietary dataset that should resist AI threats. If management comes close to its plan, the investor expects the stock to be worth more than $25 versus an initial entry around $19.
“I think it’s reasonable to expect the stock would be worth $25+/share”
Key risks
- Automotive industry cyclicality
- Growth and margin targets may be missed
- The spin-off may remain misunderstood for several quarters