Mobile Streams Share Discussion Threads

[brut winky] 29/3/2021 15:42

Suppose they will at least wait until a month has passed from the china roll out, so they have a figure for a months revenue and also the increase on the whole bushiness, only problem is where will the share price be by then, snippet on the legacy or the Spanish version wouldn't go a miss this week. GLA

[7rademark] 29/3/2021 13:19

Plenty of panic sellers caught on the spike, always the same.

[petersmith6] 29/3/2021 12:39

Until they put the printing press away the share price will keep drifting down.

[7rademark] 29/3/2021 11:17

Volume is falling so I'd expect a bounce soon, once all the panic sellers are out of course.

[blueblood] 29/3/2021 11:14

It's up to BoD to release new news ASAP. Looks like the £2m funding was at least partly for Krunch which makes sense but hoping they can bolt on other services to SaaS offering!

[7rademark] 29/3/2021 11:11

Yeh I was thinking that. Lol.

[blueblood] 29/3/2021 10:56

So much for City Analyst's theory...

[petersmith6] 29/3/2021 08:32

With all these millions and billions are share we need a consolidation to get the share price to a number that people will take seriously.

[oil be there] 27/3/2021 14:47

Great analysis city. Hopefully we will get to find out why the placing had to be rushed through and what the other placing funds was needed for? Apparently the placing was not carried out for the Krunch deal.

[7rademark] 27/3/2021 14:18

Thanks for that explanation city, top work.

[hsdeo] 27/3/2021 12:53

Good analysis and i truly feel a strong push up next week.

[city analyst1] 27/3/2021 12:41

7trademark, there was a material change in stock levels at around 16:22 yesterday. And those with Level II access would have observed the three MMs move the 'Ask' to 0.28pence. I think I know why...

• On March 16, 2021, 23m shares changed hands at 0.23pence per share. This was close to the average daily volume of circa 27m shares.

• On March 19, 2021, 314m shares changed hands at 0.44pence per share. This was 11 x the average daily volume.

• On March 22, 2021, 391m shares changed hands at 0.28pence per share. This was 15 x the average daily volume.

• On March 23, 2021, 107m shares changed hands at 0.28pence per share. This was 4 x the average daily volume.

• On March 24, 2021, 82m shares changed hands at 0.26pence per share. This was 3 x the average daily volume.

Thus, considering the number of Placing (800m) and Broker shares (80m) issued on March 22, 2021, and drawing upon twenty-five years’ experience in small cap investing, I believe a significant proportion of the Placing shares were ‘forward sold’ on March 19, 2021.

The balance of the Placing shares were then sold between March 22, 2021 and March 24, 2021.

More importantly, and over a period of 3 days (between March 19, 2021 and March 24, 2021), a total of 894m shares changed hands!

So, what does it all mean?

It means the ‘bulls’ are firmly in control.

Buyers have, pretty much, mopped-up most, if not all, of the Placing shares. This is extremely bullish as it indicates a strong demand (from retail investors) for the stock.

Also worth noting is that, a notable proportion of those shares appear to have gone into the hands of LONGS, and may explain why the MMs ran out of stock at 16:22 – the point at which the 'Ask' jumped from 0.26p to 0.28pence per share.

And a £28,000 purchase at the 'Bell', and at the full 'Ask', lends credence to the argument that, stock levels are thin and demand is substantively strong.

Thus, on the above rationale, I expect the share price to strengthen considerably as we start the new week.

AIMHO.

[oapknob1] 26/3/2021 18:25

China - Mobile Games market. Tencent, Baidu, Alibaba, Foxconn.

[parsons4] 26/3/2021 17:06

At last some stability ending with a nice buy. Not excited like last week-end but I think we have seen the lows and I now own a few more shares than I planned !!! GLA

[7rademark] 26/3/2021 16:43

10m buy at 0.28 Monday should be interesting

[volsung] 26/3/2021 16:14

I see it hit around 0.23 to sell as predicted.
This seems to be a lifestyle, jam tomorrow operation

[brut winky] 26/3/2021 16:11

It could do with some news next week to install some confidence. GLA

[hsdeo] 26/3/2021 15:09

Lets hope for a RNS-ridden week next week.!

[parsons4] 26/3/2021 13:50

Much better now that we have all had a chance to top up at very close to the placing price.

[zxie] 25/3/2021 20:18

It is highly recommended (KOD) next GGP

[hsdeo] 25/3/2021 17:12

Well my top slice at 1p is now 2p so yeah, tuck it away and see what happens. If my other investments come good may even buy a few more

[citycanary] 25/3/2021 16:37

IMHO it may be better to just put this share in the bottom draw for a few months and meanwhile focus energies on other investments. In a 2-3 months there will be more deals for MOS, share price will be 0.4p+ and we'll all be happier ;-)

GLTA and DYOR