Syqic Share Discussion Threads

[adamb1978] 14/1/2015 08:15

Re-assuring. I cant see teh share price starting to move towards the level it should be at though until we get a set of figures reflecting the current business for an entire trading period. So probably a couple months away

[fairenough11] 14/1/2015 07:36

Good news on payments,another deal struck and the business is performing strongly,what's not to like?

It looks as though SYQ does what it says on the tin.

[yump] 14/1/2015 07:19

How scary is the market sometimes. Sudden 10% drop out of nowhere, then the same rise and now a good RNS. Sometimes it really is dartboard investing.

Confirmation of the payments promised by end December should remove some of the 'tarnish' attributed to payment 'issues' when doing business in the Far East, whether justified or not.

[mikeja] 14/1/2015 06:49

Daz,it has nothing to do with earlier trades.The two lots are part of a single transaction.The MMs took nothing on their books.

[daz] 13/1/2015 22:01

Mike,

The matching 60,000 trade looks to be on the 5th Jan and I would guess the 40,000 is matched by the 50,000 trade on the 9th Jan.

It seemed strange at the time that an MM would take so much stock onto its own book given how illiquid SYQ trading is but I think a buyer had already been arranged.

[mikeja] 13/1/2015 21:15

The 60k and 40k were put through the market,the other side does not seem to have been reported.

[daz] 13/1/2015 17:14

Looking at the trades today, I think we've seen the last of the overhang. The 60,000 trade matches one last week and the 40,000 trade probably links to the 50,000 trade a bit earlier. Judging by the big jump in the offer price, I would say there isn't much stock around any more.

Fingers xxd.

[nashwan123] 13/1/2015 16:15

RSI is on it's knees so a rerating is due; albeit against an illiquid share.

[mikeja] 13/1/2015 15:03

nurdin,are you around?

[yump] 12/1/2015 16:15

I think that must be an old post that's appeared by mistake from sometime just after the 120p peak ;-)

[masurenguy] 12/1/2015 16:05

A paltry trading volume of less than 25,000 shares in such an illiquid small cap is hardly a meaningful basis for charting or any realistic market view relating to the credibility of the company !

[snowydays] 12/1/2015 15:26

The charts look very bad here. Clearly very little confidence in the company's credibility.

[the oak tree] 11/1/2015 11:33

On the general topic of Bhutan / Myanmar it was interesting to read the government is going down the electric car route. It shows its progressive and if they can entertain that, then mobile phone audio and video content products shouldn't be as ununual as you'd think for this economically young country i.e. gives some comfort that this country is going places and our product might sell.

hxxp://www.takepart.com/article/2014/12/24/bhutan-environmental-conservation

[daz] 05/1/2015 11:50

I'm just wandering if the 60,000 trade at 50p is the last of the overhang. Taking Mike's estimate of 200,000 outstanding, it adds up if you total up the trades since then.

If a few more buys come through, it should hopefully life the price.

[daz] 29/12/2014 14:27

I don't think a penny or two will make any difference in a years time, the oak tree. If the company continue as they have been, I fully expect the price to be over a 100p sometime next year. I bought some at 58p, when it raced away a few weeks ago because of insider knowledge of the trading statement, so you've done better than me on that lot.

Slightly off topic. Lord (John) Lee said a few months back, that when he had researched a company, he didn't mind (within reason) what he paid for the shares as he took a multi-year view and expected the share price to be much higher, which when I think of some of the missed opportunities I've passed up, is something I wish I had heard many years ago.

For the sake of balance I would repeat that this is a foreign based AIM share and so given the track record of other companies of this type over the past few years, a degree of caution is required. I just hope the management here have more integrity than elsewhere. From the limited contact I've had with Jamal, I believe this is the case but there are no certainties on AIM.

[the oak tree] 29/12/2014 13:07

Thats mine. Didn't have a choice to get these closer to the offer unfortunately.

Thanks Daz and others for giving a balanced view on this share.

[daz] 29/12/2014 11:27

A buy for 27,000 shares at above the ask, suggests that the overhang may have cleared, so should be onwards and upwards from here

[nashwan123] 14/12/2014 21:21

Revenue run rate must be up on last year as new and better content added for end users. Oh yes and the door is now open to sign up the population of Mynamar. SYQ still a good hold at these levels.

[red_shed2000] 12/12/2014 07:52

Thanks. Decent indication then...

Great to see the likes of Sony being involved, I think the future will be interesting here.

GLA

[mikeja] 12/12/2014 07:28

My source was the Alexa website ranking site which measures visitors to a particular site on a global scale.

[red_shed2000] 11/12/2014 17:08

Interesting.....I hope that's true...

Also came across this whilst researching

hxxp://www.sony.com.my/microsite/support/maaduu/

[mikeja] 11/12/2014 16:27

According to independent sources Maaduu have been racing up the popularity stakes
looks like a very successful relaunch

[geraldus] 05/12/2014 20:14

Getting to like this company more and more,got the makings of something that could prove to be a little gem.

[daz] 03/12/2014 10:04

I think there is a good chance that next year's forecast will be upgraded, we have had 2 new country launches and a new social gaming channel already as well as the expected growth from Yoonic and Maaduu.

[jojaken] 03/12/2014 09:36

That's quite a rise from Allenby's fair price target of £1.12 put out in September!