Mysquar Share Discussion Threads

[bumpa33] 29/5/2017 23:06

Shareholder is too busy feeling the love over on the Lunatics South East BB. The level of idiocy over there is truly staggering.

Actually, perhaps 'idiocy' is not quite the right word...

[loglorry1] 29/5/2017 12:18

Shareho1der buy some more. It's cheap anywhere below 20p don't you agree?

[bumpa33] 29/5/2017 12:16

good for you.

[shareho1der] 29/5/2017 09:54

for your information, I bought from sub 2p, and intend to hold for a very long time.

[shareho1der] 29/5/2017 09:52

I really don't like to engage in meanings debates with the shorters here. I have been in this game long enough not to be drawn into nonsense arguments. If anyone is stupid enough to buy or sell based on what they read here, it is their choice. End of !

[bumpa33] 29/5/2017 09:27

888ICB - I'm not just following Miers, I'm following a pattern in Beaufort clients. I think in the future something may well just surface on that but I'm saying nothing more on that score on a public BB. As for MYSQ specifically, depends which way you look at it for 'missing the boat'. Good luck here, I think you're going to need it, but let's see. I have to say though, "bashers" (as you term it) turning up would make me question the validity of my 'investment', I use the term loosely...

[loglorry1] 29/5/2017 08:54

Arrival of the "bashers" is a good sign? The so called bashers tends to arrive when a terrible company spikes up to a ridiculous market cap or a company engages in some sort of financing which is set to dilute existing shareholders away or worse.

I seem to recall when the "bashers" arrived in BOOM, QPP, CAMK, AFR, AFC, DAN, PCI, 88E, GKP, MTR, CTAG and many more the shares price was downhill ever since.

I'n not sure you have noticed but the market has already started to decide taking the price down 50% from recent highs.

Anyone going long here was simply riding the momentum up and most of the smart money will have left already leaving mugs carrying the can as always.

[888icb] 29/5/2017 03:52

Bumps
Each to his own and good luck going with Meirs. I agree with Shareholder that the arrival of the bashes is nearly always a good sign. You missed the boat and are starting a pathetic attempt to bring the price down. The market will decide and you and your mate will either be very smug or look very stupid. I am clear in my view but let's see how we go.

[shareho1der] 28/5/2017 20:16

I feel so much comfortable with my holdings here now the bashers are out in force

[professor pettigrew] 28/5/2017 17:51

NO assets, a puny £5k per day income with DEBT. And an mcap of £27m?

Don't make me laugh.

Sub 1p would be a fairer share price

[smithless] 28/5/2017 16:37

888ICB - the McKinsey thing was a rumour started on the LSE by someone called liquid1, which you then posted in iii. Mckinsey have done many reports over the years on Myanmar and have never mentioned MYSQ. I'm more than happy to eat my words if you can come up with any reference linking the two. If MYSQ is such a fab investment, why has it's broker Beaufort converted all its warrants into shares so soon after been issued them - 28-4-2017. It had 5yrs to do so, no rush. But after a bullish buy side research note from them, they have converted them. Why? To sell them. As its under 3% holding we will only know if it has sold them when it lists it assets in it next reports and accounts, but I bet you they will have. Please tell me what MYSQ owns? It has no assets,it has no IP, it has no R&D, because it owns NOTHING. It just throws out third party products, hoping it can earn a few bob when the apps are downloaded and a little bit more if gamers etc use a third party payment platform etc with whom MYSQ has done a deals with. I'm gobsmacked its has a valuation of £27m

[888icb] 28/5/2017 14:51

Good luck with your short based on Shareprophets articles.
Personally I prefer to take notice of the far more reputable McKinsey and Co who recently put a valuation on MYSQ of upto £5 Billion if all the boxes get ticked. There is also a directly comparable business in Vietnam which has a market cap of over £1 billion.
Let the market decide when it reopens next week!

[smithless] 28/5/2017 13:20

888ICB - and if you think games and other offerings are going to save MYSQ, think again. The company recently mentioned it had hit $5000 per day revenues. Even at this rate, if one takes it at face value, it won't get to break even, as some on this BB would have you believe. Revenue and margins fell at the interims, even after it made big statements about per day revenues in H1 and Myfish had apparently gone viral!!! It stated on 9th May 2017 'The increase in revenue has been achieved due to both the integration with Telenor Myanmar's carrier billing services and recent product releases'. Without knowing how MYSQ defines revenue, the $5k per day is meaningless. It could be the gross amount Telenor receives, before MYSQ gets its cut or its could get a large proportion of revenue from Telenor, but pays Telenor via cost of sales - that's my gross margins have plummeted recently. As for My Hero - Bo Lattae, does it own any of these games? If it does, I would expect 90%+ gross margins, as it would have had to expense development cost though the P&L, as I can't see anything being capitalised!! But margins in H1 were 38%, so suspect the games are 3rd party ones tweeked, with not much going to MYSQ. The share price might go up some more, but I think when the FY results are publishes you will find Miers and Co are right and sub 1p is on the cards. PS I'm looking to short, if possible.

[professor pettigrew] 28/5/2017 13:01

I've run the slide rule over this and wouldn't touch it with a bargepole.

[888icb] 28/5/2017 09:37

Shareprophets is the work of a totally discredited pizza salesman With the initials TW. I am relieved that he doesn't like this share as the usual advice is to do the opposite of what TW suggests. I have not read it as I wouldn't dream of registering on his website but suggest you consider his motives for writing a negative article at this time. I feel sure it's not for your benefit but of course you are free to follow his opinion and sell.

[bumpa33] 28/5/2017 09:03

hxxp://www.shareprophets.com/views/29341/mysquar-ltd-part-2-taking-liberties-with-the-truth

[mr hat] 26/5/2017 17:34

Well, 4.9p would be nice to start Tuesday off with. :-)

You too Shareho1der. Enjoy the holiday weekend.

[sidjameslaugh] 26/5/2017 17:07

Oh dear. Are you working over time Bumpa boy. Turned out blue again. I'll show you some emotion. Ha ha ha ha ha.

[shareho1der] 26/5/2017 16:52

Mr Hat, don't worry. It will open at 4.9p on Tuesday morning. Enjoy the long weekend.

[mr hat] 26/5/2017 16:21

Closing around the day's high. Nice.

[shareho1der] 26/5/2017 15:33

It only deluded people that will think their comment here will affect the share price. Comparing market cap at IPO to now is absurd