Syqic Share Discussion Threads

[nashwan123] 16/6/2014 18:09

Finished above 60p so breakout looks to be in place.

[cantrememberthis2] 16/6/2014 10:36

I am having a misery of a ride with LOND, MRW and TRP.

Shoite choices that needed some profits banked elsewhere.

Will get back in, short term RSIs and issues with wider market means more of a miserable time.

SYQ looking good. Happy to have banked and realised some here. But Strong Buy here IMHO.

[mikeja] 16/6/2014 09:22

Why on earth did you do that?

[cantrememberthis2] 16/6/2014 09:19

Awaiting a pull back having sold at 49p.

GLA

[nashwan123] 16/6/2014 08:48

I topped up this morning although only small parcels available. IF this holds 60p today then the chart looks very likely to breakout. RSI moving upwards too following positive trading news.

[loverat] 16/6/2014 08:28

The rise continues. Next leg should be 60p but might be more.

[30003000] 14/6/2014 17:01

Obviously a super B Board!

[liam wilson] 14/6/2014 14:05

SyQic Jumps On Mobile Streaming Revenue Growth
Today, 2:04 PM

[30003000] 14/6/2014 11:03

Up 50%+and no comment today???? Glad I took a risk with this last week! Pity didn't buy a load more.

[loverat] 13/6/2014 16:55

Indeed. I am always attracted by shares which fall for no apparent reason because more often than not, they recover after issuing a clarifying statement. On a more general note, shares in AIM companies often spike down sharply just prior to good news being issued and a recovery.

As for the target I think this will move up to at least the 70's and 80's after a brief consolidation. I am sure we will see soon enough.

[fairenough11] 13/6/2014 16:47

+55%---Not too shabby:-))))

my target is 100/120p---sell half and that would give me 3 lots of free shares which I intend to keep Long Term as I see rapid growth with a few acquisitions on the way.I don't mind being diluted a bit at £2+++--lol.

A few lessons learnt this week I guess.

[mikeja] 13/6/2014 16:46

Agree with Loverat,probably needs to spend some time consolidating around 60p,particularly as was the issue price.
Interesting that pullback around 9am,perhaps a few stale bulls,enabling more cheap purchases.
GLA

[mikeja] 13/6/2014 16:39

Been buying all day,got 150k

[androyd] 13/6/2014 16:31

A bit conservative Loverat, my short term target is 100p!

[loverat] 13/6/2014 16:28

Gearing up for next week. The news will sink in more over the weekend and should be more buying.

My short term target is 60p.

[cupra kid] 13/6/2014 16:25

Thought we might see some selling into the close but quite the opposite, just more buying! Hopefully get some form of write up in the press in the not too distant future and looking forward to more positive news released in the next few weeks.

[money mad] 13/6/2014 16:14

revenue could be higher if it is growing each quarter.

2 million Q1, Say 2.4 million Q2, then we have Q3 and higher seasonal Q4.

Plus launching new initiatives...

[m1das_touch] 13/6/2014 15:28

Might get some positive press this weekend too, so wouldn't be surprised to see a further rise on Monday.

[mikeja] 13/6/2014 15:26

Uphill struggle to get stock now.
dash,looks like revenue of £10m this yr against forecast of 7.8m

[m1das_touch] 13/6/2014 15:23

I suspect there are many feeling sick today - to be honest I was tempted to sell out myself when it hit 32p at one point yesterday I think it was. Was going to put it down to a bad call and move on - so glad that I resisted the temptation!

[dasv] 13/6/2014 15:11

key thing is whether the seller (who must be feeling sick - remember delayed 500k trade at what was it 30p?), is done - i.e. no overhang. The stock needed fresh buyers and today it looks like it got some. Valuation highly undemanding if this revenue run-rate can be sustained and highly cheap if upturn continues. At this rate, 2015 revenue targets could almost come a year early. This would most likely add 2m to profit.

[m1das_touch] 13/6/2014 14:43

50% daily increase so far - not bad on a savage sell-off day for the wider market.

Still below the IPO price and way below the all-time high of 129.50p reached back in March. Arguably the fundamentals are better now, and the risks significantly reduced.

Should still have a long way to go, although I expect further volatility along the way. I bought this as a punt really at 39.5p, purely on the basis that the sell-off looked way overdone and the market-cap was suggesting a company on the way out, rather than an exciting growth story.

Tempting to take profits - 25% in two days is not a bad return. But happy to hold on for a more sustained re-rating as the newsflow keeps coming over the next few weeks / months.

[aishah] 13/6/2014 11:12

LONDON (Alliance News) - Shares in SyQic PLC jumped during early trading Friday after it said its core mobile streaming business YooMob saw revenue of GBP2.0 million in the first quarter to end-March.

Shares in SyQic were trading up 29% at 44.39 pence Friday morning, making it the biggest gainer on AIM. The stock was up more than 50% soon after the open, at 53.00 pence.

The digital media company said the YooMob business saw encouraging trading in the two months following the quarter end, with total revenue of GBP1.6 million in April and May, and SyQic expects the "upward trend" in revenue to continue during the rest of the year

The service has seen customer take-up increase due to new content launched on the streaming platform, including new Korean television series and awards shows. SyQic will continue to add further titles and content during 2014.

In June SyQic will release a new Indonesia YooMob site with Indonesian internet service provider PT Smartfren Telecom, Tbk, which it said will be the first site using its YooMob Plus Service for a newer generation of smartphones, with enhanced content.

SyQic expects to launch the YooMob Plus Service to new and existing customers during the coming months.

Its major Indonesian telecoms partner PT Nextnation Prisma has switched its payment method for 2014, opting not to use a payment plan, which Syqic said will lead to it receiving payment "much more promptly".

The company expects to make a further announcement regarding its YooNic content platform over the next few weeks, it said.

[fairenough11] 13/6/2014 09:37

As I posted yesterday it was BUY one get TWO FREE.

We reached 129p,but now we have recorded growth,more positive news to come in next two weeks and more reassurance re payments.

A perfect storm imo.

[m1das_touch] 13/6/2014 09:35

Make that a market cap of £12.2m now...still a steal! :)