Mysquar Share Discussion Threads

[masterboffin] 11/5/2017 09:50

It is also an encouraging fact that that Myanmar economy has a current GDP growth rate above 6% . I guess this means more cash in the pocket of the average citizen and would allow Mysq the opportunity to increase user subscription fees leading to more revenue . This would be slightly balanced by increased wages to their own employees on a small scale.

[ajrgy1] 11/5/2017 09:47

Seems people are holding on tightly to their shares!!

[boysie72] 11/5/2017 09:09

Just a thought, but if the total number of users is up to 11m (based on general consensus) then if you made an average of 10p a week across the board incorporating all Apps etc, then they're turning over £1.1m a month. Take into account the last number of £5k a day at £35k a week, then that's £140k a month. If those last numbers are based on the 11m users, then it shows you the massive potential in this new market!!

[boysie72] 11/5/2017 08:51

The other thing is, they need to build on this momentum, so frequent updates will likely be given. When you're rolling out new products and enhancements to the masses, then it's public knowledge anyway. GL all.

[boysie72] 11/5/2017 08:45

Trying to find a negative about this, but I can't find any. Just one question, if anyone knows, what's their marketing strategy and budget? Or has that not been stated clearly. Obviously users of a increasingly popular app like MyChat will spread very quickly in a market without one already. And tying it in with dating is brilliant.

[dusty_coplhopper] 11/5/2017 07:49

New add in to MyChat; MyWallet. Could have a significant impact given the lack of proper banking facilities.

[aliaspc] 10/5/2017 18:44

Those hoping to get 2.5, or 2 point anything for that matter will be left by the sidelines on this one in my opinion. I am calling this to go north tomorrow, lucky at 3.5 I reckon.
Sentiment is strong,for good reason, and I for one am still buying 8o)

[big bear billy] 10/5/2017 18:05

Was a decent run from the lows.

Decent volatility today.
Look at the chart. Profit taking would have happened .

I think some more selling possible, then it should reverse to double top. I do not think 2.5p will happen, but on the wild west aim, anything is possible.

No doubt this is a great growth stock, I think we all can agree with that. Don't be surprised to see $10k daily revenue rns, I do not think it will take months.

Loads of lurkers now watching this.

[telbap] 10/5/2017 17:07

No Blue today

[mostro] 10/5/2017 16:55

Out for now, maybe get back in at 2.5p ish if opportunity arises!!

[pilot48] 10/5/2017 16:39

I tried to verify the McKinsey number and couldn't see it online. However, it would have been a sector/nation report (that's more what McKinsey do) rather than just on MySQUAR itself so Researchanalyst probably meant that the company "represents" a sector that could be worth £5 billion.

[888icb] 10/5/2017 15:31

Its got along way to go to achieve its potential. Its Market Cap is currently £21.5 Million. I believe that the equivalent company in Vietnam (obviously with a longer history than MYSQ is valued at over £1 billion. Mckinsey & co according to a post on LSE have put a potential valuation of £5 billion if it ticked all the boxes going forward. Clearly alot of work to be done but the potential rewards are mind blowing.
There must be a good chance that a global player will decide to take it over and that could happen at anytime as it starts to prove its business model and its subscribers increase.

[broncowarrior] 10/5/2017 14:54

Think it has run its course for now.

[sikhthetech] 10/5/2017 14:46

taken out my capital and some profit...will run with the rest unless newsflow changes...

Will wait to see what their next update says...

[ajrgy1] 10/5/2017 12:22

Wish I had the gonads to trade!!!

[jamesd888] 10/5/2017 11:02

Profit taking today...will be be in the blue by the end of the day

[falia] 10/5/2017 10:58

CHA BOOMING AGAIN

[jamesd888] 10/5/2017 08:54

Wow MWG on the move today

[jamesd888] 10/5/2017 08:15

Morning!!

COG (off topic) tip...worth buying today

[dan de lion] 10/5/2017 07:56

Beaufort:-

Momentum is building; opportunities to monetise value-added products through an expanding and loyal customer base are now being realised. May’s daily revenue growth validates MySQUAR’s business model and anticipate further healthy revenue growth coming from its existing multiple revenue streams as products gain in popularity, familiarity and dependence in conjunction with the release of new products and features that are currently in the pipeline. Indeed, following the same trajectory as its peers in more developed territories, MySQUAR’s position as the go-to local-language site for such on-line products and services, suggests revenue-take now has potential to commence a dramatic, almost unstoppable expansion as the Burmese population becomes increasingly dependent on mobile communications and banking/credit card facilities proliferate amid the country’s quite dramatic economic expansion. Having raised £2m (gross) last month in order to plug its near-term funding gap, while also closing the Sandabel CLN facility, the Company should be able to finance its future expansion from cash flows and outstanding accounts receivable. Thereafter there should be available headroom on the credit facility provided by Rising Dragon Singapore Pte. Ltd for all reasonable needs. Beaufort considers current activity within MySQUAR, which has been boosted by the recent Telenor agreement, with similar arrangements also potentially being signed with MPT and Ooredoo in coming months, will shortly carry this low-cost operation to profits on a monthly basis. Recent news has already kicked off a significant re-rating of MySQUAR equity although Beaufort considers it still has a long way to go, notwithstanding which a predatory approach offering something like its target price of 21p/share could potentially be forthcoming. Beaufort retains its Speculative Buy rating on MySQUAR.