Mysquar Share Discussion Threads

[888icb] 03/8/2016 23:29

Beaufort predicting a 5 bagger. Sounds good to me. This is looking very promising based on the latest update.

[mdchand] 03/8/2016 22:11

Beaufort update - MySQUAR user numbers are booming! Having confirmed back in October last year that the figure had surpassed 1.5m, meaning total unique users had risen by 50% in just three months, the Group has now confirmed that its current number of accounts exceeds 3m, which outstrips Beaufort’s full year calendar 2016 estimate of 2.95m. Quite clearly, the compounding effect experienced by the most successful social media operators, as their sites gain national recognition and the branding wins ‘go-to’ status, is now being achieved by MySQUAR. Realistically, a figure of 4.0m (the level at which acquisitive US sector giants usually express an interest in international virgin territories), looks to be surpassed by early calendar 2017. Having now also added the mobile payment services, MyPay, to MyCHAT’s portfolio of features – a very natural ‘next step’ - the platform is increasingly able to satisfy all user requirements. Being integrated on a rev-share basis, as a trusted operator MySQUAR is capturing a potentially significant and growing, long-term monetisation opportunity. With this in mind, it also plans to release a new game (to be called ‘Myfish’) in the first week of August, another game (‘Invincible Sword’) in September and thereafter intends to continue to release new games at a rate of one every two months. In addition, management is currently negotiating a commercial agreement with a VoIP technology provider, and both sides are working on technical integration of their respective services. The voice calling business - similar to a highly successful counterpart in Cambodia - is targeted for launch in the 4th quarter of the calendar year 2016. Thankfully these projects will not significantly build on operating costs, leaving Myanmar’s unique, local language social media operator more than delivering on its promises. Indeed, based on the momentum now being build and the Group’s low operating costs, realistically MySQUAR could be achieve monthly breakeven by the end of calendar 2017. This is something that is unlikely to have been missed by the numerous and very cash-rich global operators who remain determined to rapidly ensnare local players that have successfully participated in an online user ‘landgrab̵7;. In this respect, MySQUAR now appears quite dramatically undervalued; Beaufort sets a price target of 21.0p/share and repeats its Speculative Buy recommendations.

[lufc55] 02/8/2016 20:37

You could just start a new thread?

[888icb] 02/8/2016 13:54

Does anyone know how we can arrange for the Share Price graphs and news etc to be put in the header?

[888icb] 02/8/2016 10:56

Yesterdays Placing and update has stirred some interest here. The shares were marked down on the placing but it has been predominantly buying since then including a 2.4 million buy yesterday at a cost of £102000.

[888icb] 09/6/2016 00:19

That's right the 50000 was a Buy.

[dan de lion] 08/6/2016 23:33

The 50,000 must be yours then!

[888icb] 08/6/2016 16:08

I saw MYSQ mentioned in the Weekend FT. It looks to be gaining traction in the Burmese market and is now moving into gaming. I decided to make an initial investment today and my Buy is shown as a Sell!

[rhubarbkid] 05/4/2016 06:50

What is the significance of that RNS and why the drop?

[raysor] 30/3/2016 15:03

Good announcement today

[fillipe] 03/3/2016 09:26

AGM - 17-3-2016, in Singapore, 1100hrs. Ahead of us time-wise, so any news from that will be before the UK markets open, on the 17th.

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[fillipe] 03/3/2016 09:20

MYSQ + 10% today, on steady buying this morning.

f

[dan de lion] 19/2/2016 08:54

Have added a total of 120,000 since my last post, took advantage of the drop back.

[andrbea] 18/2/2016 20:23

starting to move up nicely

[dan de lion] 27/1/2016 13:40

Have been adding for awhile latest was 25,000 @ 10p, difficult to buy in quantity!

[simonparker5] 27/1/2016 13:30

Very quiet board here considering we have put on 50% over the past couple weeks.
Incredible u shape chart which should go higher.

[bonnard] 05/1/2016 20:54

simonparker5.....

Looking at average monthly salary in the USA as $2520 and the average monthly salary in Myanmar of $61 dollars, if the ratio of the value per user is the same, then the value of each customer in Myanmar would be (61/2520)*(222)=$5.37. With 2 million users, this would value MYSQ at $10.74 million or 3.2p !

[bonnard] 05/1/2016 17:22

2 million customers acheived ahead of schedule. I added to my holding on the news.

[dan de lion] 29/12/2015 11:00

Forecasting 2,000,000 customers by the end of this month, everything appears to be going to plan!

[simonparker5] 13/11/2015 10:50

Confirmation today that the NLD have won a landslide victory in the elections.
My view is that this is very good news for MYSQ and we should see even greater user sign up now.