Syqic Share Discussion Threads

[bad robot] 05/6/2014 15:43

I guess it's 7p then

[dasv] 05/6/2014 13:11

any lurker out there know any reason for falls yesterday or today? any info appreciated.

[bad robot] 05/6/2014 11:57

IPO Mug punters got wiped out now shrewd players piling in

[oldtown] 05/6/2014 11:39

my golly gosh this looks like it may end the day blue, all the sellers look wiped out?
mm's played them like a trombone.

[bad robot] 05/6/2014 11:20

I think dead cat bounce to 50p

[professor x] 05/6/2014 10:24

There doesn't seem to be that much volume either to cause such a fall. Very strange! I have added a few this morning anyhow.

[dasv] 05/6/2014 10:20

Bit of a harsh fall for a company forecast to do 8.7p EPS in 2014 but WTFDIK.

[eric76] 05/6/2014 09:59

Think 7p may be a bit ambitious personally, but admire the optimism BR.
Currently trying to bounce of the bottom bollinger, see if the falls overdone or not over the course of the next few days i guess.

[bad robot] 04/6/2014 21:20

Not looking good.

I may buy some at 7p for the dead cat bounce

[dasv] 04/6/2014 10:49

On the basis of published data/estimates:-

Forward PE of 6.72 with 135% EPS growth forecast on a conservative revenue estimation for 2014 of 7.8m. Biggest debtor hasn't missed a payment so far and payments will provide working capital. Note though that due to this single big Indonesian customer, trade receivables will likely increase in 2014/2015. I remain a holder.

[stanmore2] 04/6/2014 10:41

Is it a buy now or do we avoid. What is the downside?

[phowdo] 04/6/2014 09:06

Is there a pre-IPO seller here?
Its on my watchlist to buy but the shareprice seems very weak

[fairenough11] 28/5/2014 16:37

58p---good day guys.

Onwards and upwards.

away for a week or so now.

GLA.

[aishah] 28/5/2014 09:48

These were offered to me @47p last week which I took up.

[fairenough11] 28/5/2014 09:47

Winning the OTT War: Strategies for Sustainable Growth

Winning the OTT War: Strategies for Sustainable Growth
The invasion of over-the-top (OTT) services has begun. It is time for telecommunication operators to prepare their positions and choose their weapons to win the battles for mobile voice, messaging, media, and cloud services

Battleground 3: Media
This will be the most exciting battleground, and the most hard fought. The emergence of OTT video and media services has changed the telecom game. Not only does OTT fuel the data traffic explosion, but consumer mindshare and future telecom relevance are at stake. This battle will be fought on many fronts-television, video, gaming, music, advertising, and other digital services-and among adversaries that include telecom, media companies, OTT players, device and equipment manufacturers, and even artists.

The success formula here is to provide superior service. Content might still be king, but customer experience rules in the digital era. For telecom operators, this means an all-inclusive approach must be at the core of a winning value proposition. Integrated telecom operators might have an initial structural advantage, although we expect mobile operators to form partner- ships across mobile, fixed, and media.

While OTT services are evolving fast, consumer behaviors are shifting faster, so operators will have to create business models that are both agile and adaptable, and partnering will be the best way to do it.
The economic value that can be won in this battle might be small in the near term, but it has long-term significance. It will distinguish winners from losers, and as such, the conventional strategic wisdom is to establish a strong bridgehead with the following tactics:

Clarify the strategy. Which battlegrounds, what business models, which technology platforms, what organizational approaches? As dodging the fight is not an option, this is a time for operators to pick their battles and fortify their positions.

Innovate and experiment with new business models and approaches. While the general direction seems clear, no proven business models and approaches exist yet for telecom operators. Thus, operators will have to experiment with new forms of content and services, multiscreen integration, enabling technology platforms and business ecosystems, and extensive partnerships.

Moving from subscription to ad-funded models will be difficult for most established mobile operators to accept, but that is the new reality of competing successfully in digital services.

Leverage telecom advantages to provide superior customer experience. Three core actions will be essential for telecom operators:

Deliver a distinct, end-to-end experience, particularly in seamless multiscreen and service offerings.
Integrate new digital ecosystems and manage multiple partnerships.
Analyze and continuously spot consumer behaviors in real time.
We are already seeing some exciting developments in the United States, Korea, and Japan as telecom operators push new service concepts into the market. For example, South Korean firm CJ HelloVision's TVing app, which allows users to view programs on computers, tablets, smart- phones, and smart TVs, has impressive content, open customer reach, and wide device compat- ibility. In Singapore, SingTel is repositioning itself as a digital services provider by expanding into media content and its digital business. In Spain, Telefonica Digital has unveiled plans that target more than $6 billion in revenues by 2015 by entering new areas ranging from mobile commerce and advertising to M2M, e-health, video and content, digital security, and cloud computing.

This battle is just beginning, which makes it even more imperative for telecom operators to seize the opportunity and establish the kind of presence in the media-services market that will keep them relevant with consumers.

[fairenough11] 28/5/2014 09:39

Looks to me as though it won't be long before we are back above IPO @ 62P.

Highs 120p+.

GLA.

[fairenough11] 27/5/2014 13:39

The share price will take care of itself now we are back on the up.Over £1 and I will probably sell a few once again.
First target is to get back above the IPO price of 62p.

[fairenough11] 27/5/2014 12:43

Hi,

yes the share price is less than half price even without any EXPECTED EXTRA GROWTH.

Great value as the share price is under the OVERSUBSCRIBED 62p IPO price.

[dasv] 27/5/2014 09:11

fairenough11 - thanks for research. Agree re: value at this stage. Have added too.

[fairenough11] 25/5/2014 11:03

"Southeast Asia Perspective: As with their global perspective, Deloitte sees MIM platforms replacing SMS in many Southeast Asian markets. Adoption is growing most quickly in Singapore and Malaysia, where smartphone penetration and broadband availability is highest. At the same time, carriers in emerging Southeast Asian markets like Indonesia and Philippines are "trying to embrace the OTT players, rather than fighting them with their own service offers or through the regulator, with the objective to stimulate data usage beyond the use of MIM apps." These include offering free data packages for select MIM services."

[fairenough11] 25/5/2014 09:34

MICHAEL GROTICELLI, CREATIVE PLANET /
05.20.2014 03:52PM
OTT and Mobile Video Accelerate Globally

"Euroconsult said that growth in linear channels is being led by emerging digital markets including the Latin America, Asia, CER and MEA regions, which accounted for 80 percent of new channel launches since 2008. The main drivers in these regions include the launch of dozens of DTH platforms, the introduction of new digital terrestrial services, the growing availability of HD content and the increasing localization of content."

[fairenough11] 24/5/2014 12:17

Mckcap only £11M and 23M shares in issue of which only 25% are in free float!!IPO'd at 60p per share.
================================================================================
SyQic is a fast growing OTT (Over The Top) provider of live TV and on-demand paid video content across mobile internet-enabled consumer electronics devices such as mobile phones and tablets through its "Yoonic" platform. Yoonic utilises efficient mobile video streaming as its core offering and allows for close to high definition streaming, utilising adaptive bit-rate streaming technology that matches the available bandwidth through the Group's proprietary encoding methodology, and can stream as low as 80kbps.

The Group has access to over 40,000 hours of online video-on-demand content as well as over 200 live television feeds comprising English and International video content as well as content for a number of 'home markets.' The content is delivered through SyQic's platforms via a number of channels in the movies, drama, music, sports, news, lifestyle and general entertainment genres.
================================================================================
The Group's momentum from 2013 has been continued into 2014 and revenue for the first three months of 2014 was GBP2.0 million (unaudited) representing an improvement of over 600% on the same period in 2013.
================================================================================
"Drawing from our experience with the Bangladeshi OTT launch, we expect to be able to announce a programme of additional OTT launches in the coming months. At the same time, we anticipate adding to our content library as well as evaluating potential acquisition opportunities."
================================================================================
Key achievements since IPO


-- Successful admission to AIM on 4 December 2013, raising GBP3.2
million via Allenby Capital (of which GBP2.5m was new equity capital)
in an over-subscribed fundraise
-- Launch of the Group's international Yoonic OTT Bangladesh service
alongside a prepaid payment model and new distribution channels.
These are significant milestones and are expected to be the key
revenue drivers for the Group in the medium term
-- Launches scheduled for Yoonic OTT to a number of communities in
the coming months and to be made available in Asia, Oceania, the
Middle East, the UK, Western Europe and the US
-- Completion of significant technical enhancements of the existing
YooMob platform (telco oriented service) during the period and
continued footprint growth achieved into Indochina, South Asia
and Africa
-- Established shared database, content encoding and processing,
storage and video delivery infrastructure (achieving economies
of scale and efficiency) for both Yoonic and YooMob
-- Continued ongoing technology development, alongside research programmes
with major tertiary institutions in the UK and Singapore
-- Collaboration entered into with Tata and Amazon for video storage
and distribution
-- Substantial growth of video content library, and growing alliances
with major broadcasters and content producers
================================================================================
Prospects for 2014

The Group is in an important stage of its development, and 2014 will see the continuing enhancement of both the YooMob and Yoonic platforms, and growth of landings and geographical footprint where the service is made available. The Board is pleased that the market environment for SyQic's services is very positive particularly as the consumption of data on mobile devices continues to grow, and the global migrant market that the Group is targeting is significant.

In response to the feedback that was obtained from the initial phase of the launch of Yoonic to the Bangladeshi community, the Group is adapting its model and refining its routes to market. Take up of the service has been very encouraging and there has also been substantial interest from retailers in the UK, Europe, the Middle East, Malaysia and Singapore to offer the service to their Bangladesh and other migrant customers.
===============================================================================
From Allenby:-

"At current levels we think the market is essentially assuming that the company will never receive any of the payments due to it under the receivables plan---despite the fact that the company has received in full all of the last 11 payments,For 2014 we forecast top line growth of 66% and on our revised earning we anticipate underlying PAT growth of over 200% to £1.8Million.At 49.5p the company is trading on just 6.4x 2014 earnings."

[fairenough11] 23/5/2014 18:12

IPO much higher was oversubscribed---50p--£11M Mckcap--23M shares in issue.This looks a shoe in from these levels imo.
================================================================================

A company that streams live television and video content to mobile devices is poised to become the latest technology business to float in London, by raising £3.2m on Aim.
SyQic, which operates a subscription model and targets the Asian market and migrant communities around the world, will today announce its intention to float on the London Stock Exchange's junior market.
Its shares are expected to start trading on Dec 2, and giving SyQic a market value of £14.4m. It originally sought £2m from the fund-raising, but the offer was oversubscribed, said chief executive Jamal Hassim.
The market for internet television is expected to expand significantly in coming years, with global revenues climbing from an estimated $9.1bn (£5.6bn) this year to $49.8bn in 2017, the company said. SyQic itself generated revenues of about £1.32m in the quarter ending Sept 30. The group's biggest markets are Indonesia, Malaysia and the Philippines, although the company is launching in Britain in coming weeks, and later plans to enter Europe and the United States.
"There's a lot of growth to come in the next 12 to 24 months, so what we wanted to do was have access to the capital markets to be able to fuel that growth," said Mr Hassim.

[fairenough11] 23/5/2014 13:53

bought a few back this am.

Fall way overdone imo.

GLA.