We would love to hear your thoughts about our site and services, please take our survey here.
Expect it is due to large buys this morning in background
Yup. NetEase can buy MYSQ without breaking a sweat and save themselves a lot of time and money trying to break into this market. Negotiations ongoing so don't think it will be long before we see the value of their first 'official' offer. A preliminary number was pushed back so would be expecting double digit for share price value
NetEase are the company currently in discussion not Tencent. They want to package up their music streaming service for release into Myanmar and want to tap into the MYSQ user base for quick growth. Creating a strategic partnership.
Spotify is a great example of how people fail to value this stock correctly. In these sectors it is far too early to be focusing on profit generation as the focus is fully on land grabbing and becoming the #1 player in the market. Companies such as MYSQ should be valued more on their asset and user base rather that current daily revenue. The 25m users we have are also super valuable to other companies. MYSQ is massively undervalued and one day the market will learn how to value tech stocks correctly and then this will rise by several 100's of %. I am very happy to keep loading more every month here knowing that the company will be acquired in a deal in the hundreds of millions of $ at some stage. 2 parties already in talks and more likely to join the discussions this year. Research the acquisition prices of similar companies. Many of whom who were no where near as established as MYSQ and you will get an idea of how much of a monster this will be. Dyor before it's too late.
Tencent & NetEase. Would start as an investment taking a substantial % of the company in this growth stage. Test integration and adoption of the companies existing platforms to the Myanmar market with that initial 25million account traction.
As I posted a couple of times in the past couple of weeks, there are 2 parties that the company are talking to regarding investment and potential acquisition. This was then confirmed in the RNS last week! I have loaded more today! Only a matter of time for them to finally reach a deal. As the RNS stated, it takes time to get these things done and now the Chinese banks are involved the red tape needs to be sorted before anything gets announced. I have loaded and am now sat on my hands waiting for the big reveal!
https://theaiminvestor.com/thor-mining-shares-up-25-and-todays-other-aim-movers/
Looks like an intraday reversal playing out here!! Expect this to finish blue today.. Looking very strong
Fully expect yesterdays RNS to have been absorbed by most now!! Expecting a very strong day here today!! Should be a scramble to get in at open.
Buying is relentless here!! MMs shaking to try and free up some stock but coming up short!! We WILL see 1.5p paid today.. I am certain!
Don't be fooled by the games here!! This will 100% finish over 1p today!! Needs to get to 1.5p for true value now!!
I am calling it early. Get the flippers and stale bulls out now then watch this rise to over 100% rise by close of play. My target from that RNS today is 10p minimum!!!