Syqic Share Discussion Threads

[the shuffle man] 11/3/2015 11:45

Will be interesting to see what the next set of figures from that web site look like as the Cool2vu web site was only re-launched at the beginning for Feb.

Need a lot more views in order to generate decent revenues.

[snowydays] 11/3/2015 11:12

That site estimates just 60,000 visits for the whole of February. Video adverts generate an average of $24.80 per thousand views according to one study I found. So if each visitor viewed one video advert that implies revenues of less that $1,500 a month.

On that basis issuing an RNS stating that the site is already generating revenues seems misleading.

[the shuffle man] 11/3/2015 08:25

Look at the stats from this site. The Alexa ones seem to be out of date. Traffic is significantly increasing according to this site.

[snowydays] 10/3/2015 17:31

"cool2vu.com receives about 920 unique visitors and 8,284 (9.00 per visitor) page views per day which should earn about $7.36/day from advertising revenue. Estimated site value is $2,930.43. According to Alexa Traffic Rank cool2vu.com is ranked number 409,325 in the world and 0.0002% of global Internet users visit it."

Wow!

[mikeja] 10/3/2015 15:50

For anyone who wants to see the product it is now available in UK on www.cool2vu.com,looks pretty smart

[jojaken] 09/3/2015 08:42

Sorry today’s announcement raises more concerns than the excitement of increased revenues. NO numbers were provided, just hype. This reminds me of what happened in February. Then look what happened a matter of weeks later.

Management should be giving a more rounded view otherwise trust will be lost with the next round of realism. All in my honest opinion.

[daz] 09/3/2015 07:39

The excerpt that Mike has posted just goes to show how conservative the 2015 forecast is. The performance of Viki alone has probably made a significant dent in the target of adding another £100,000 a month in revenue to meet their revenue forecast and this is only the first quarter.

[mikeja] 09/3/2015 07:35

given prospects, conservative p/e of 4 looks ridiculous

[fairenough11] 09/3/2015 07:26

Again another positive announcement.Confident of new highs going forward as expansion gathers pace.

[mikeja] 09/3/2015 07:12

Further bullish update this am re agreement with Viki."since launch Syqic has seen a significant increase in subscribers and advertising revenue across its home territories"

[daz] 05/3/2015 21:23

Appreciate that Mike, I was just attempting to add some detail as to why they were conservative.

[mikeja] 05/3/2015 14:30

Dax,I tried to emphasise that those forecasts are very conservative.I would not be surprised to see revs at least £1m ahead of that forecast.Cash flow should be around £550k per month before admin of £200k.However the co is building itself into a content co. so expenditure is likely to continue at a high level.They are very rapidly building a network for monetising that content.I believe the margins on their content are very useful.

[mikeja] 05/3/2015 14:30

Dax,I tried to emphasise that those forecasts are very conservative.I would not be surprised to see revs at least £1m ahead of that forecast.Cash flow should be around £550k per month before admin of £200k.However the co is building itself into a content co. so expenditure is likely to continue at a high level.They are very rapidly building a network for monetising that content.I believe the margins on their content are very useful.

[daz] 05/3/2015 14:00

Thanks for the pointer Mike,

The 2015 revenue forecast of 13.5m assumes monthly revenues of around 1.1m, given that the company exited 2014 with monthly revenues of 1.0m, it's not going to take very much to achieve the 2015 forecast, with cool-vu ramping up in several countries, the cross selling opportunities and the new ventures announced.
Initially I was disappointed that forecasts for 2015 had been cut so drastically but the new figures provide a target to beat, hopefully quite comfortably.
It is disappointing that cash collection from PTNP is worse than expected and the company does need to ensure that the 9 month collection period is adhered to.

[geraldus] 05/3/2015 13:33

Thanks for that information mikeja.

[androyd] 05/3/2015 12:30

Excellent news that a cash call is not required, hope that's soon reflected in the share price.

[mikeja] 05/3/2015 11:10

New note out from Allenby.Takes very conservative view.Eps for 2014 at 7.7p and 2015 of 10.4,forward p/e of 4.3.Lot of money going on content but cash position not requiring any further cash raise.Estimates year end cash at £1m+.
Emphasis that these are very conservative.

[masurenguy] 02/3/2015 16:32

It's beginning to look that way, mikeja ! :-)

[mikeja] 02/3/2015 08:39

Looking like a well judged purchase Masurenguy

[yump] 26/2/2015 16:35

Falling knives are relative.

I bet nobody was saying "get out while you can" at 120p, although obviously lots were. Same old.

[snowydays] 26/2/2015 16:26

Good luck Masurenguy. It looks like a falling knife to me.

[masurenguy] 26/2/2015 15:08

I also topped up today.

[mikeja] 26/2/2015 13:58

Troll alert.Picked up some cheapies.

[snowydays] 26/2/2015 10:30

Get out while you still can!