Mysquar Share Discussion Threads

[888icb] 03/10/2016 21:54

A 403000 share Buy reported after hours @4.95p. That's a £20000 purchase which looks a positive sign and bodes well for tomorrow.

[cougar99] 03/10/2016 15:58

Indeed.
The share price on this stock bounces around during the day on comparatively small volume. So if significant 'good' news arises and volume shoots up then so will share price .... (reverse is true as well of course - but if I was expecting bad news then I wouldn't still be holding).

[trotterstrading] 03/10/2016 15:44

I asked the company if they share Beaufort Securities view that MYSQ has a "very real potential to be achieving monthly break-even or better before the end of the current financial year"

They responded to say that Beaufort's note are 'based on inputs from the company'

Great News and shows the incredible rate of recent progress at MYSQ

[888icb] 02/10/2016 10:19

A very interesting summary of MYSQ. I think the comparisons with Vietnam are particularly relevant with the Vietnam company now worth $ 1 billion. Beaufort's 21p would give us a market cap of about £40 million so still a lot of upside from there!

[trotterstrading] 02/10/2016 08:14

Mdchand, can you post the link to the article please, I'm pulling together an investment case and would like to reference

[cougar99] 02/10/2016 01:27

So the price target from Beaufort remains unaltered as expected to reach 21p within 12 months.... Unfortunately I'm not a great fan of Beaufort .... However I do anticipate that MyPay will be up and running this quarter (otherwise cred of this lot will suffer). If the share price is 8p by time next Chinese New Year comes around then I'll be content. I can wait for it to reach the 21p by end of next Chinese New Year providing they moderate the issuing of more warrants and that additional fund raising is used for expansion - not working capital

Just my speculative 2p's worth - In the meantime then I'll sit back, chill out .... wish I could have one or two of these whilst waiting:

In meantime then Singha will have to do :-)

[mdchand] 02/10/2016 00:03

Recent Beaufort Note (27/9) - The strong performance of MySQUAR’s second major game is an exciting development and provides quite remarkable monetisation for such a young company in virgin territory. Management’s plan to introduce a new game approximately every other month is well on course and provides the opportunity for significant revenue growth in a dramatically expanding territory that still remains significantly underserves in terms of preferred local language product. Moreover, having risen rapidly up the Myanmar mobile gaming ‘learning curve’, management is also highly confident that future games can be even better placed than their predecessors. Marginally countering this positive news is the fact that the launch of MyPay appears to have slipped three or so months into Q4’2016. Additional regulatory requirements possibly meant that an eye was taken off of this particular ‘ball’ while coping with the exceptional progress being made elsewhere in gaming, but to date this delay has not slowed progress noticeable, although the future benefits it could accrue should be! This all suggests MySQUAR is positioned to more than deliver on its promises and, based on recent progress, has the very real potential to be achieving monthly break-even or better before the end of the current financial year. This is something that is unlikely to have been missed by its numerous and very cash-rich global peer group, who remains determined to continue ensnaring players in virgin territories that have successfully participated in an online user ‘landgrab̵7;. In this respect, MySQUAR now appears quite dramatically undervalued; Beaufort has set a price target of 21.0p/share and repeats its Speculative Buy recommendation.

[deeppockets] 30/9/2016 15:07

With so many potential revenue streams lining up, it will be interesting to see where this is in a few months time when they announce the revenues, as the cash burn is relatively low.

[888icb] 30/9/2016 13:32

The providers of this Convertible loan are said to be strategic investors who look for early stage investment opportunities. If they are genuine long term investors then I think todays RNS can be viewed as a positive development.

[cougar99] 30/9/2016 10:11

Indeed.... but given speed the sector they are in will develop within Myanmar then they can't hang around with launching new products .... so dosh needed to do that ..... still look forward to a bright future for this company ....

[donk7] 30/9/2016 09:53

As I anticipated, a funding. MYSQ looks interesting but I don't like CLN's as the shares received are usually dumped. I'm surprised they didn't go for a larger placing last time or do another one with private investors

[donk7] 27/9/2016 08:54

Interesting company but must be very low on cash now. Last 6 monthly report had losses of approx £1.3m and since then they have raised only 400k. Plenty of development costs but good to see some games revenue and also the related party, mypay, cough up for the integration of the payment app. Results should be soon? I'd expect a funding soon but it's an interesting company with the obvious political risks although Myanmar is clearly opening up and reforming.

[888icb] 26/9/2016 20:55

Over 5 million shares traded today and based on the last reported trade UP 17.8%
A good day hopefully to be followed by more upward movement tomorrow. This has some way to go to reach the 21p target.

[shrewdmole] 26/9/2016 17:48

Cougar

Some very nice late buying.

This is still below the radar so today's volume was encouraging.

S

[cougar99] 26/9/2016 16:29

Well as far as I am aware then Beaufort's latest target price as set on 3rd Aug is 21p - so I'll be happy with 75% of that before next rerate

- the share price on this stock often declines towards daily close - but not today ....

[trotterstrading] 26/9/2016 14:20

I agree Deep, most of the business costs have been front loaded, used to build the tech platform and user base. I expect costs to actually reduce significantly at the same time as gaming, advertising and payment revenues really ramp up. Almost the perfect storm which could see re-rate after re-rate for the share price over the next 6 months.

[deeppockets] 26/9/2016 13:46

If the current games continue to grow and they add more they should be cashflow positive early next year and that's without the payments business or VOIP additions. Looks way too cheap at these levels.

[888icb] 26/9/2016 08:22

A very positive update which bodes well for the future.

[dan de lion] 26/9/2016 08:20

One assumes that as more and more people are attracted to the games then the opportunity`s for advertising revenue will increase, plus the rising income must make another cash call unlikely!

[deeppockets] 26/9/2016 07:08

Great update! All looks positive and ahead of plans!

[cougar99] 23/9/2016 02:58

And an interesting article from the came website that gives pros & cons of investing in Myanmar :

Investors are excited about Myanmar, but the big rush hasn’t come yet:

[cougar99] 23/9/2016 02:44

d.d.l. - thanks for link. Interesting - it gets better by the day. From the article then:

>“MyPAY is to be launched around the beginning of October ...

So not long to wait.

> Overseas remittances will also be an option in the near future.

That should be a nice little earner.

>The technology for the payment solution will be used in partnership with a European company already running several wallets in Asia as well as Europe

So they are not trying to reinvent the wheel and the security side of it will have been tried and tested somewhat important nowadays.