Syqic Share Discussion Threads

[cyprussteve] 09/6/2014 12:46

Hi jollynews,
Your posting 271,
I am unable to post on iii as I do not have a UK address, and that is one of their requirements.
Ciao
Steve

[fairenough11] 09/6/2014 09:58

Mckcap only £9M and 23M shares in issue of which only 25% are in free float!!IPO'd at oversubscribed 60p+ per share.
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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.
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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.
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"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."
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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.
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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."

[jollynews] 09/6/2014 09:40

Steve Welcome no thread on iii could you start one please.THANKS in advance.

SyQic (SYQ) Going North – Recent Media news
Today, 8:38 AM

[cyprussteve] 09/6/2014 09:34

Bought in @ 40p - Happy with that,
Ciao
Steve

[fairenough11] 08/6/2014 09:29

Cable Technology Feature Article
June 05, 2014
TV Everywhere Hits Exponential Growth
By Tara Seals, TMCnet Contributor

Good news for cable TV companies and media networks: People seem to like being able to watch their subscription content on the mobile device of their choice. Like, they REALLY like it.
To wit: TV Everywhere initiatives are seeing exponential growth, registering a 246 percent gain year over year, with nearly 21 percent of U.S. households using the technology, according to a report released by Adobe (News - Alert) Digital Index. That's an increase of 31 percent in the last six months.
Online and mobile video consumption in general is growing. The first quarter of the year set a new record with 35.6 billion global online video starts. There was a 43 percent year-over-year increase of mobile device viewing (smartphones and tablets), reaching an all-time high of 25 percent penetration, with 57 percent year-over-year share growth in the U.S. Overall digital video viewership is up 43 percent stateside........

[fairenough11] 08/6/2014 09:27

Cable Technology Feature Article
May 30, 2014
In Asia, OTT and VOD Drive Future Growth for Operators
By Tara Seals, TMCnet Contributor

As with other regions of the world, consumers in the Asia-Pacific region are increasing the amount of hours that are spent online via those various connected devices, content consumption patterns are starting to change, giving wings to a surge of cloud-enabled, over-the-top (OTT) content and video on demand (VOD). That puts conventional service providers into a transition mode, with fresh challenges to face-but also buckets of opportunity to dip into.......

[123trev] 07/6/2014 17:29

To all,I agreed with a certain post that seems to have been removed,don't no why,but I have good reason for doing so as a number of people asked my advice on certain issues in the past,relating to certain trading matters,I can only conclude that this share has for some reason fallen substantialy and people should do their own research,whether this is a buy or sell is your choice not mine but,talktalk1,is still a massive tit.gl

[1desire] 07/6/2014 16:14

SyQic believes the market for internet television will boom in coming years and expects global revenues to increase from an estimated £5.6 billion this year to £30.87 billion in 2017.
By PLATTS
7 Jun 2014 16:12:38

[fairenough11] 07/6/2014 09:31

32p?

52 Week High 124.50p
52 Week Low 34.50p

The price doesn't make sense.

If its a sell(?)then they waited all the way from 124p to the lowest point in SEQ's short history,then sold???Something not quite right with the reporting of that trade IMO.
Anyway whatever it was its done and the bounce is on.

Year Ending rev(£) pre-tax EPS P/E PEG EPSgrwth div yield
31-Dec-14 7.80 2.18 8.70p 4.5 0.0 +135% n/a 0.0%
31-Dec-15 11.0 3.74 14.50p 2.7 0.0 +67% n/a 0.0%
Syqic forecasts

[snowydays] 07/6/2014 08:54

An even better question is does the seller know something we don't?

There are only 23m shares in issue and the directors hold 75% and are subject to a 1 year lock in period. That 500k is quite a high proportion of the shares in free float. Apart from the directors and associated companies there don't seem to be any notifiable holdings above 3% (only about 700,000 shares) so it looks likely the seller has no more to dispose of.

I hope I don't have any money invested with the institutional seller. To just dump 500k at 32p when they could probably have got 50p plus if they had drip fed the market over a few months seems a bit reckless.

Maybe a buying opportunity for the brave?

[simonparker5] 06/6/2014 22:11

someone dumped 500,000 at 32p, there is your reason for the fall. Question is do they have any more to sell or is that it?

[cantrememberthis2] 06/6/2014 21:22

Hardly anyone made a huge profit as the bid price was consistently low yesterday and the buy price was at lowest 32pish.

The spread means the rise is artificially high compared to the drop.

Strong hold.

[123trev] 06/6/2014 18:36

If I did,fairenough I would give my buy in price,not a chance,just agreed with a certain post about who was selling these shares and the enevitable outcome,to call me a troll based on that is just plain silly.

[fairenough11] 06/6/2014 14:13

Trolls RUS?

Someone wants to BUY--Ha Ha!

[123trev] 06/6/2014 12:26

Mmmmmm,where did that post go but it was correct but as always we will see.