Member Info for JezTheFez

It's such a bad share that you spend all of your Sunday evenings on the chat board?! You are the amateur, Chris2p because you continue to sit on the sidelines while others do the manly thing and take their positions.

I've been realistic with my messages today and believe that we deserve to be trading between 2p and 3p once we have been awarded the banking licence and the Payments Platform goes "live". I can't foresee there being any problem / issue with these two events happening and we really don't have very long to wait at all.

You have come on here this afternoon in an attempt to create negative sentiment prior to Monday's trading in a desperate attempt to drag the share price down so that you can take your position. You are running out of time fast and you know it and hence why I refer to you as Chris2p. Will it take the share price to start with at least a '2' before you realise that you've missed the boat? Or would you like your name to be associated with 3p or 4p instead? You take your pick?

Hi Roy,
I'm not allowing myself to get too excited until I see the facts presented in front of me for how we are doing financially and how user many users we now have etc. The two big pieces of news coming-up IMO will be the award of the mobile banking licence and then the official launch / "go-live" of the Payments Platform. Anything in between is a bonus.

I'm realistically not expecting financial results to be up to much at this stage in time because operationally we have had to make a number of cost saving exercises and there is a desire / need to have the workforce working out of MY and not Vietnam - hence the jobs that were cut a while back in Vietnam.

We may get a RNS next week referencing our current financial situation but I still think we're a way off breaking even and registering a profit. It's still relatively early times in terms of our overall development, but at the same time, when things move quickly here, this is usually reflected in the share price movement. What I have come to like about this share is amongst other things, it does have a tendency to BOOM and being on the right side of a BOOM can yield some decent profit.

I'm sticking with my 2p-3p prediction over the Autumn because I believe I've been around long enough in this share to know that what you may wish for takes time and bags and bags of patience. We are not blessed with a very communicative CEO, which makes things difficult in terms of guessing what's coming-up but I suspect he knows what he's doing so as I always say, "it's over to you, Eric to wow us all...."

Like most AIM shares, it's short term pain for long term gain. I guess this will be true of MYSQ. Things are developing nicely here and in time this definitely has the potential to be a double digit share. If we're trading between 2p and 3p by the end of September then I'll be fine with that. 5p+ I'm not sure you'll see that until some point next year when we're hopefully registering a profit. We know the Payments Platform should launch soon and once that beds-in and is fully functional, that should increase our revenue but we're going to need to continue forging credible partnerships, release new and better / more popular games, open-up more cross border links and not waste money on needless projects that amount to nothing. Try not to rush this one along at the pace you'd like because you may get frustrated. Give it a bit of time to flourish, top slice en route, de-risk your investment and leave the rest / leftovers as "free carry". That's my strategy anyway and it has served me well to date.

I'm glad I surprised you with my 'voice of reason-esque' statement. Shares are being exchanged from the impatient to the patient at present if you ask me. That's fine because hopefully shares are entering into stickier hands and those savvy enough to realise that we're getting closer and closer to our next BOOM moment.

You really wouldn't want to be out of this share come the weekend ;)

Sliotar...

If you study the share price movement every few minutes and base your feel good factor on them, you'll get yourself all stressed. If you look at the charts, since 22nd June, the general direction of the share price has been upwards, so we are actually in an uptrend at present albeit a sluggish one.

There is a much, much bigger picture enfolding in the background at present and one that will be revealed in due course. The strategy is being played out and will become a lot clearer over the next few months IMO. We just have to ride the storm at present and patience and faith will be rewarded.

It takes one sniff of good news with this share for the share price to rocket northwards. I suspect this will be witnessed again at least once before the end of the year, so people who want to be invested here have taken their positions and those that are still sat on the sidelines will be disappointed they didn't buy-in at these relatively low share price levels.

Let Atlas do what they do. Time is the cure to most things and in time the conversions will go through the wash and hopefully the shares will enter much stickier hands.

Hope that helps.

Not long to wait now for flurry of good news. Hold firm, keep the faith.

I see Chris's post has been removed and rightfully so.

Look what the cat dragged in. Chris2p. Still lurking around in the depths of the bb I see? Still dreaming of your fantastical entry point eh?

Pathetic calling somebody else childish when you win the 1st place rosette there hands down mate.

Financing

The Group’s capital requirements depend on numerous factors. The availability of equity funding is subject to market risk at the time and there is no guarantee that the Group will be able to secure any additional funding or be able to secure funding on terms favourable to the Group.

Any additional equity financing will dilute shareholdings, and debt financing, if available, may involve restrictions on financing and operating activities. If the Group is unable to obtain additional financing as needed, it may be required to reduce the scope of its operations, scale back its exploration programmes and this may result in loss of tenure, as the case may be.

Sorry, I meant 'chocolaty'. 'Chocolatey' also acceptable.
I also noticed previous poster's comment in which he/she mentions the fact that this share price "needs a boost".

More chocolate.....

AERO at 0.99p? Somebody has chocolate on their mind?

Have you noticed how the deramping has ceased and the maturity levels increased on this bb as of late?
That has to bode well for what lies ahead. Even TW is leaving us be because he knows we're on to a winner.

We all know how quick the share price heads north on any good news. That's why this is an exciting share to be invested in. The increase in momentum and good sentiment is commencing and others will want a slice of the cake when the share price is much higher. For those that are already in, hold firm and let it all play out. Not long to wait now for what should be a flurry of positive news flow.

This company should put in for a name change. DESCENT RESOURCES would be more apt.

Ouch look at the size of those late buys. Have to be II's taking their positions in my opinion. This is all turning out very, very nicely indeed. Hold firm and wait for the next push-up in share price. We are way undervalued at present and the fun times have only just begun.

That 1,000,000 trade looked like a 'buy'. Momentum starting to pick-up again. Good to see.

All will be revealed, Sliotar.

We all just have to sit back and let it all play-out. I suspect Eric and the BOD know what they are doing. They are executing their strategy and perhaps in times like this, they are having to be tight lipped for a good reason.

There's a much, much bigger picture evolving in the background that will come into view before not too long. I can sense it as my fez is starting to twitch again.

Did you buy your de-fib the other day?!

Jezza

Good man. Don't respond.

Patience dear Sliotar. Patience.....

Well if it's true - the fact that Atlas are holding-off converting any more shares for the time being, this smacks of confidence IMO. Confidence to hold on as we are all doing for the next bout of news flow, which should hopefully be positive. They like we know that just around the corner there is news that has the potential to send the share price northwards. Why sell / convert now when they can do so at a much higher price tomorrow? That wouldn't make good business sense.

Stay strong fellow MYSQ'ers. I know the wait is frustrating and the lack of communication palpable at times, but be stubborn, be brash and say to yourself, "no.....you ain't having any of my stock until I tell you and it ain't now thank you very much...."

#tometoyou
#chucklechuckle

My thoughts go out to Barry Chuckle's family for his sad loss. So one half of the Chuckle Brothers has been lost.

Good for you lot that another pair of Chuckle Brothers still lives on.

tometoyou