Australian (ASX) Stock Market Forum

TNY - Tinybeans Group

Miner does not like it when I write bump ...... so I am not gunna post anything

(but I still like LBL and CLV - even if SOL did sell some)
 
4 months ago the SP was 40 cents … they are currently raising a fair slice of cash at $1 per share ….. Not rocket science:) ……. Should be a positive period ahead you would think;)

Thanks for the "bump" @HelloU :)

It appears my earlier post was right … however, did I back my assessment with any cash …. No I didn't:oops:

Moral of the story …. being right does not help … unless you act!!

Well done @verce ….. I assume you will be sipping Pina coladas on the French Riviera when this reaches true value;):D Well done.
 
Hi @verce
I seen it getting squeezed into the end of the triangle and thought you'd be back to have it in the last 2 Monthly Competitions. It's going along nicely.

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looked good from the gap away from consolidation.
The climb up has been classic orderly in technical terms.
Verce stuck to his rhetoric.
Hope he had 1,000,000 of them!
 
What is going on here?

Its getting steep that's for sure.

I see they have continued to grow their customer base and retain a high percentage of customers and advertisers which is a good sign.

They are hoping for positive cash flow Q1 2020 so still a bit of work to be done …

Maybe its just the Eddie Yoon involvement …. His appointment as advisor was in early September and that's about when this current run higher started:cool:

Normally you'd expect a run like this to need a "technical" breather, but it is in blue sky territory so the rules often change.
 
As a chartist you can only go by the Information the chart and volume give you at the time.
During the discussion the Stock was in a period of flat consolidation and comments
surrounding it at the time were valid.

Verce had a fundamental view and certainly liked the product.

Price did show a turn in sentiment and a break from the Consolidation in September
with a very tidy technical trend which developed from there.
 
Normally you'd expect a run like this to need a "technical" breather, but it is in blue sky territory so the rules often change.

That is looking like an understatement:eek: … Currently up another 17% to $2.70 … Not much Volume and Sellers retreating. I'm a sook so I'd be taking some profit off the table at these levels if I owned it …. but what do I know; I don't own it:(:) Hope it continues for you @verce

Price did show a turn in sentiment and a break from the Consolidation in September with a very tidy technical trend which developed from there.

It certainly did and has Tech … The Chart is a real "blue sky" chart now but the lack of Volume in the Support areas makes it look a bit fragile to me … but like I said, what do I know:chicken:
 
The free booze party is still on @barney

Getting closer by the day.

Lol Cheers Verce ……

Seriously, I hope you have a life changing "investment" in Tiny …. whether I get free bourbon and coke or not:D

Stocks/the market can be a tough place to navigate … If you get rewarded from your assessment/investment, I will be the first to offer you a couple of high fives;).
 
Verce thanks to you highlighting the company on this thread I took a very very small speculative position in Tiny Beans a few months ago at just $1.18 per share.. Its since more than doubled. I am holding on for the long-term. Its super risky but it has a lot of potential. it still could be a 10 bagger from here. The concept is good, its showing strong growth and its getting close to break even in terms of profitability.
 
To reiterate some of my earlier points and predictions from 2018

Metcalfes Law would dictate that if the number of users in a network doubles (which it has after reaching 3 million users since IPO) then the value of said network actually goes up by quadruple. Therefore, TNY should be trading at four times its 2017 valuation - or a price target of around $4 AUD per share.

Snapchat (Market Cap = 20 billion USD) launched in 2011 and started out with less traction than TNY. The only thing that worked for Snapchat was word of mouth and organic growth with hardly any marketing spend.

In 2012 Snapchat launched in Google Play Store for Android. This saw its user base grow to over 100,000 users. It took a bit of time to get going but it eventually snowballed into the giant it is today.

Facebook was dominant at the time, but wise people observed that Snapchat was able to carve out its own niche and create a new social pipeline. Sound familiar? Tinybeans have won the attention of the millennial parent demographic and this generation is highly prized.

Strong buy.
 
Thanks @barney I appreciate it.

I'm still holding for a plethora of reasons, but a couple that stick out in my mind right now:

- Featured on the iOS App Store as "App of the Day" in the US
- Facebook are notorious for acquiring potential competitors before they reach critical mass, and then incorporating and absorbing them into the gigantic Facebook monopoly. TNY have created their own global social network for millennial parents. Nobody else does this. It's bound to be on someone's radar by now.
 
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Share price has gone ballistic in 2019, surging more than 1125% in the past 12 months. The company’s share price opened the year at 26 cents and is currently trading at an all time high of $3.30

Tinybeans is a free social media platform developed in Australia, aimed at parents who want to capture, store and share photos and videos of their children within a secure community.

The Tinybeans platform is designed to boost online safety and security and maintain user privacy. The application creates a contained, invite-only environment where parents can upload photos and videos of their kids and securely share the content with an approved network.
 
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