Syqic Share Discussion Threads

[nashwan123] 26/6/2014 07:41

One thing worth noting is that Indonesia has the 4th biggest population in the world! Plenty of customers for SYQ.

[mikeja] 23/6/2014 20:49

Smartfren,the Indonesian telco they partnered with,is almost as big with 11m subscribers and investing $100m to increase that by 40%.

[mikeja] 23/6/2014 19:25

I doubt whether Maxis is going to the trouble of making this tie up for tiny revenues.

[mikeja] 23/6/2014 17:25

Maxis has mkt cap of £9.25bn and sells at 29x earnings

[mikeja] 23/6/2014 17:10

This deal with Maxis could be mega for SYQ.Maxis had revenues of £1.65bn for 2013 and 14m subscribers according to Wikipedia it also states that its Hotlink subsidiary has 17m subscribers.

[nashwan123] 23/6/2014 08:03

Excellent news today. In effect YooMob Plus can grow revenue from tomorrow with exposure to smartphones too.

[m1das_touch] 23/6/2014 07:46

Press Release 23 June 2014

SyQic Plc

Launch of enhanced telco platform

SyQic plc (AIM:SYQ), a fast growing OTT provider of paid mobile video content across mobile and internet enabled consumer devices, is pleased to announce that it launched its new YooMob Plus enhanced telco platform service in Malaysia with Maxis Telecommunications.

With this new enhanced telco oriented platform, SyQic has the ability to reach a much broader range of handsets, including new generation smart phones and operating systems, with enhanced features such as HD video streaming, content sharing capabilities. These features improve the viewing experience and increase customer engagement and consequently the directors of SyQic anticipate that this will result in more content purchases.

The YooMob Plus platform has an intelligent database using analytics to gather consumer usage data. This opens up the possibility of using data mining in order to develop new revenue streams.

The YooMob Plus platform's intelligent interfacing allows for rapid deployment of new sites. Average deployment time will be reduced from three months to around one month. SyQic is currently carrying out a process to upgrade all of its existing telco sites to the new YooMob Plus platform over the coming months and, going forward, all new telco sites will be launched with the YooMob Plus platform.

[m1das_touch] 21/6/2014 10:07

I think your revenue estimates may end up being too conservative mikeja, particularly with the announcement due over the next few weeks. But not sure if we'll achieve 11p eps this year - depends on how much this revenue growth is costing. EPS for last year (diluted, excluding AIM IPO costs) was 2.91p, so that would be quite a jump.

Either way, looks like an exciting little growth company, so plan to hold some for the long-term and trade in and out as and when opportunities come along. Shame about the spread, but that's down to illiquidity and low free-float.

[mikeja] 21/6/2014 07:03

Problem is that the market is so thin.Despite a quote 0f 63 to 65 the cheapest buying price for 5000 was 68 at the close.Fortunately picked up a further 25k around the 64 mark.One has to seize these possibilities
.Rather anodyne note from brokers suggesting revenues up from £7.8m to £9.2m.
Given the statement in the update that "this upward trend will continue",my expectations are for at least £10m,giving eps of 11p for this year.

[m1das_touch] 20/6/2014 15:31

My pleasure, glad to help! Wasn't expecting another opportunity to present itself quite so quickly, so I bought some of them back myself - sold at 70p, bought a few back at 64p :) The limited free-float makes these great for trading, as the price can move sharply in either direction on relatively low volumes.

Who knows if the pullback has further to run, but will continue to build a new position on any further weakness as I like the long-term story here.

[mikeja] 20/6/2014 15:07

Thanks Midas,at last some cheap stock.

[androyd] 20/6/2014 14:13

Don't forget, the company has promised more good news soon!

[m1das_touch] 20/6/2014 13:11

I decided to sell today. I'm sure that longer term they could go a lot higher, but the temptation of banking a 72% profit in just 10 days was just too good to resist!

Seems like the buying momentum has died down for now and as we enter the summer months these might well drift downwards again until there's further news. Will certainly look at buying back in if another opportunity presents itself.

[30003000] 20/6/2014 10:35

To sell or not to sell - take a profit me thinks, but huge spread!

[clitheroe troll] 18/6/2014 20:55

Great returns for those who bought when the share price was battered down to low 30s.

Well done all.

[nashwan123] 18/6/2014 20:38

Prof

RSI on my measure about 57 and overbought will be 70 plus so still some headroom. The trade update was a significant trigger IMHO.

[professor x] 18/6/2014 16:41

Another great finish at the end of the day. Still not quite overbought yet either!

[nashwan123] 18/6/2014 12:12

hareb'

kept a small interest in CBUY but do not see anything more concrete this week than last except price risen on small director buys. A case of wait and see.

[androyd] 18/6/2014 09:59

70p to buy.

[harebridge] 18/6/2014 09:22

Nashwan- could be worth looking at cloudBuy CBUY again. Ex Visa bigwig on board & director buys.

[nashwan123] 17/6/2014 18:22

SYQ clearing 10% profit on revenue and would hope this percentage will increase with greater revenue. Growth story in place.

[30003000] 17/6/2014 17:21

No stopping this for a while.

[cupra kid] 17/6/2014 17:18

Took some profit today having bought a stash at 40p only a week ago. It's nice when you get it right.

[nashwan123] 17/6/2014 13:22

Another good day for SYQ investors. this has got legs!!

[aishah] 16/6/2014 19:48

Rise continued on good volume, well above ADV. Bodes well imo.