Syqic Share Discussion Threads

[aishah] 23/1/2014 15:23

I quite like it now. Back to almost placing price which was over-subscribed.

[still waiting] 23/1/2014 14:14

still prefer MTV to this.

[sos100] 23/1/2014 14:00

not looking good!

[bambos22] 21/1/2014 13:51

Backno. Agreed mate. :)

[backno] 21/1/2014 08:17

Quiet before the storm. Trading statement due soon I would have thought after their year end - definitely within the next 2 weeks. This isn't going lower so last chance to get in close to the IPO price. Pretty sure the trading statement will cause it to get wider press coverage. This is a bargain at this price.

[sos100] 07/1/2014 19:29

What thread , what poster...

[swiss paul] 07/1/2014 19:23

Nah - share rise due to a result of a poster on another thread bigging it up - be aware of incoming!

[backno] 07/1/2014 17:15

It doesn't take much to move this - so only needs a little interest. I think the mm have been dropping this and accumulated some shares that they expect to shift following the trading update. The broker price of £1.30 is based on such low subscriber levels that I would imagine the trading update will see that target revised closer to £2 on the same calculation basis. Like mentioned already, profitable, generating cash, launched new product and in new Geo-markets and was seeing rapid month on month growth prior to listing - no reason to doubt this hasn't continued since then .... We will see. Once (not if) this gets press coverage it will fly.

[dibs61] 07/1/2014 16:19

Shares moving fast now. Market got wind of trading update I wonder?

[cottoner] 07/1/2014 14:10

From RNS on 20/12/13

"The Company will update the market on its results for the year ending 31 December 2013 by way of a trading update in early 2014."

So the trading update could appear shortly.

[dasv] 07/1/2014 13:05

looks interesting - no stamp duty on shares, no income tax for co. for 5 years, then v. little income tax - therefore margins strong despite defensive revenue model (sharing with telcos).

71m middle class indonesians to tap now that indonesian business reactivated.

Trading at 2x 2014 revenue (conservative). Cheap for such high margins, post placing.

Already profitable.

66p support?

[eric76] 03/1/2014 14:47

Not unusual during these holiday weeks to get low volumes on these illiquid stocks though is it?
Trick is judging whether you're picking up the baby or the bathwater imo.

[sos100] 03/1/2014 14:33

needs a good trading update because no one wants this at the moment.

talk of £1 before the update looks pie in the sky

[eric76] 03/1/2014 14:30

Starting to look cheap again here, near the bottom of its range. Trading update must be pretty close?

[willydoctor] 24/12/2013 22:03

I can beat you Frenchfry - in at 91p!!! Right slap bang on the crest of the top. Still - they seem to be on the up. I wonder if this simply represents a bit of an overhang with short term sells after the IPO.
Long term this does seem to be a conservatively priced share - but it is a competitive market.

[frenchfry] 24/12/2013 14:50

Spectacularly mistimed by me! Purchased post IPO near to the top, but the rebound (on such low volume) has got me near to break-even. At this rate should be in the money soon!

[backno] 24/12/2013 11:46

Lol - Couple more foreign students subscribing this morning. This is so undervalued - really think this will be over £1 in jan-14 leading up to trading update then after that Allenby will have to look at their £1.30 target as it is built on really conservative inputs.

[frenchfry] 23/12/2013 14:34

Maybe a foreign university student not going home for Christmas has taken out a subscription before the planned UK roll-out? !

[backno] 23/12/2013 14:16

Ohhh a pulse - anyone know why? Suddenly got a little buying activity. I'm guessing it will be tipped for 2014. Not expecting a trading update till jan-14.

[shakyhands] 21/12/2013 04:08

Too many stags ?

[melody9999] 21/12/2013 00:19

On the other hand buying near the IPO price makes perfect sense. Why? Because the IPO price will be perceived as a point of support.

[backno] 20/12/2013 15:35

Selling at IPO placing price so can't be much interest in selling now. MM maybe playing games and loading up on shares for the jan14 climb in price.Knitcraft you will be rewarded - even on the 82p

[adred] 20/12/2013 14:58

wow, look at it drop!

[knitcraft] 20/12/2013 14:54

Seems a good entry point for a top up. Had 5k at 66.5p to add to load bought at 76p and 82p. Ouch! Will keep topping up if necessary and expect to reap a rich reward sometime in the next 2/3 months.