Mysquar Share Discussion Threads

[dollar17] 02/4/2018 12:01

Only my opinions and What I took from interims. Looking ahead, registered users are increasing. revenues from gaming continue to rise. games and apps continue to gain traction (and hopefully as they do more revenues from advertising will come in). On the downside Expenditures have increased and Hoping they can get to grips on this and manage it in a better manner which is a must, they seem to be putting measures in place to address this so I will wait to see. Be great to see us sign with the remaining two telcos MPT/Mytel. still have faith Eric can deliver and even more since Chong came on board. As always dyor $-)

[dollar17] 01/4/2018 19:02

Any investment has its risk I don't own a crystal ball like most of the numpties on here seem to possess. it's not plain sailing here by any means but for me happy with the direction thus far. As always dyor. $-)

[sweet karolina] 01/4/2018 18:02

Losses increasing, cash disappearing fast. Mega dilution on the way, followed by insolvency. All in all a bad business being badly run by bad people operating in a bad part of the world, apart from all that, it is a great investment.

[shirley83] 01/4/2018 17:46

That's great dollar and what about the death spiral funding

[dollar17] 01/4/2018 17:37

happy to keep holding this stock. user numbers are increasing, revenues increasing, games and apps are gaining traction and possibility of takeover/joint venture. $-)

[dollar17] 01/4/2018 17:09

Are you both shorting this stock?There seems a air of desperation in your posts jaknife and unsweet karolina, you clearly both are not invested in mysq so what is your agenda? why are you both here on this board? speaking in such a derogatory manner about a company that simply offers mobiling gaming and social apps to a emerging country with a majority young population that has just opened up from years of military rule, there has been a huge growth in mobile phone saturation in the country and mysq are leveraging a first mover position. it's still only early stages so like most companies on aim need to raise capital to grow, unlike other aim companies mysq are actually generating a revenue which is growing year on year yes it has been fluctuating month to month but again that is only to be expected in a growing company trial and error as it tests it products on the market to see what works etc. And yes expenditures have increased but also to be expected to a extent in a young growing company hopefully they can manage this now and improve outgoings while revenues continue to increase $-)

[sweet karolina] 01/4/2018 16:07

"As previously notified, the Company achieved run rate operational break even at the end of June and does not expect to require additional funds for current operations."

Proven scumbag liars - can't be sued for posting the truth in UK. Different of course if you are of the wrong ethnicity in Myanmar, but there they just rape and kill you.

[888icb] 01/4/2018 15:33

Tag team out today although it’s probably the same sad person with multiple identities.
There are some sad bashers at work on LSE as well,probably the same sad person.
Making comments such as “scumbag liars like MYSQ” on a public forum is entering dangerous legal territory. I hope you get a call although they will probably decide you are not worth bothering with as no one takes you seriously anyway.

[sweet karolina] 01/4/2018 13:13

Easter is about one of the biggest frauds of all time. Not committed by the very good man who was put to death, but by those who centuries later cynically exploited the myths and lies around it to enrich themselves and do serious harm to many others, who dared to question the myths and lies.

Fortunately in this more modern world, scumbag liars like MYSQ are exposed and will get their just rewards, as will those who seek to gain their 30 pieces of silver by supporting and spreading those myths and lies.

[dollar17] 01/4/2018 07:28

Pushing forward for me. registered users still increasing now at 22 million. revenues still fluctuating on a monthly basis although they are still increasing year on year July to Dec 2016 revenue was 340,716 and last year July to Dec 2017 revenue went up to 917,000 with that principally coming from gaming and also advertising. Mysquar retains its role as the leading publisher of mobile games in Myanmar with the largest portfolio of games and the widest selection of mobile game genres.
Expenditure has increased and needs to be controlled measures being put in place to arrest outgoings 25% reduction in Staffing at its Vietnam operations and streamlining and integration of their apps/services. Takeover or a joint venture still a possibility As Mysquar continues to discuss a number of commercial and investment opportunities with various regional participants and further announcements will be made should these discussions progress to firm proposals. The Board understands that this may be frustrating for some investors who would prefer a faster pace to negotiations, however that is not necessarily the way of business in South East Asia. Also
Discussions continue with the remaining two Mynmar focussed telcos, MPT and MyTel, which announced the launch of their services in March 2018. $-)

[doyourresearch] 29/3/2018 18:49

@dollar17

The problem is that the breakeven point has INCREASED to USD13,300 per day. They've done a good job in increasing margins. But the overheads are where the problem for this business is.

The question remains; can the Company increase revenues quickly enough whilst not continuing to increase overheads to get to breakeven before they run out of fundraising options

The way that overheads are increasing with sales, I suspect the real break even is nearer $20,000 per day (because overheads will continue to increase). So how long will that take? I reckon it's at least 24 months, during which time the Company will require about USD8m in cash. It has about USD3m now so will need a minimum of additional USD5m to get there.

Question is, can they get their hands on this sort of money? If you think yes, by all means hang in there and hope for the best. But if you think no, time to bale

[dollar17] 29/3/2018 18:04

Not to shabby daily revenues averaging around $5600 by end of 2017 and registered users exceeded 20 million by 31 October 2017 and exceeded 22 million as of 31 December 2017. Also Possible predator still could be circling with regards to a takeover?

[babbler] 29/3/2018 17:36

They left that until market closed for long weekend didn't they...hmmm...

[leetomma] 29/3/2018 17:35

900k weyyyy

[doyourresearch] 28/3/2018 17:29

@dollar
We will see what the Interims bring. But ask yourself this question...given the recent fundraising, if sales were going well what reason would the company have in not making these public before tomorrow?

If sales were good, RNS this and see the share price rise. Then you can negotiate more favourable CLN terms

But nothing since November on sales, not even a peep

I'm happy to be proved wrong but I suspect we will see a lot of talk about comparisons with 2017 and very little on recent monthly sales numbers..which I suspect are flat compared to November