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TNY - Tinybeans Group

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verce said:
Haha thanks Ann. It's really hard to tell what is going on. The price fluctuations seem really wacky at the moment. I note it is continuing to get good reviews on the Apple App Store and the Google Play store. But that's about it.
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I think it as simple as a lack of volume Verce. Currently there are six buyers and no sellers with a turnover today of $10,946. Until the volume of both sellers and buyers picks up it is going to be like a bit of flotsam bobbing around in the ocean. There is no demand basically. I think the most buyers I have ever seen at any one time (when I have been looking) is seven. Often there are only a couple of sellers. Sorry I can't be more upbeat.
 
JTLP said:
Average staff costs of $150k per person. That’s the problem with Aussie businesses, people want to pay themselves fat before making their startup thrive.
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I've got no problems with the concept, however looking at the trading data over the last six months I fail to see any supply. I only saw two days where the dollar value exceeds what that person working for them earns per annum.

Mostly it is under $10,000

Caveat emptor.

gg
 
I heard its registered and monthly active users have grown by more than 50% since 2017.
Are they planning to increase market share and planning to do bigger technology investment?
 
Thanks JTLP - quietly optimistic. Will be interesting to see whether a capital raising is required or not.
 
...and an End of Day chart. Currently 40c seems to be the resistance it needs to push through.

 
Ann said:
...and an End of Day chart. Currently 40c seems to be the resistance it needs to push through.

View attachment 93759
Click to expand...

Thanks Ann

I am managing my expectations. I hope that whatever the announcement is tomorrow, it proves to be enough to break through that resistance at 40 cents.

All other technical things aside, I do think this is a positive company that is bringing a bit of good into the world. It's more than I can say for a lot of other companies. That's gotta be worth something at least.
 
Verce is going to be a very happy chappy today.....See, he told us, didn't he!
So far today TNY is up 65% to 66c
Tinybeans lands advertising deal with Lego for photo sharing app

Technology developer Tinybeans (ASX: TNY) has announced its largest contract to date, inking an advertising deal with international toy giant Lego Systems Inc for its namesake photo sharing platform.

Under the deal, Lego will advertise its Duplo products on the Tinybeans ‘modern family album’ app, targeting families of toddlers and pre-schoolers in the United States.

Although the financial value of the contract has not been revealed, Tinybeans said the deal surpasses its previous record marketing campaign made in February with a US-based life insurer for more than $200,000. More...


 

Thanks Ann

Today was pure validation and vindication of the business model. To reiterate:

Once a customer signs up, the brand loyalty is very high. Over 90% of Tinybeans members would purchase a product or service that Tinybeans recommends. It has the first touch of the millennial parent demographic (much like Afterpay) and these people are just coming into their prime income-earning years.

Any chance of an updated chart to see where the next resistance is?
 
Well done @verce You posted about a company and gave us a chance to look at it before the price spike. Resistance is supply from long term holders pleased to get their money back. There may not be the usual resistance levels because the trading volumes have been so light.

This contract with a high profile brand (Lego) may entice other well known brands to consider the services of TNY.

 

Hi Peter

I really appreciate your comment about my research. I've put in over a hundred hours of my time into reading about this company over the course of many months, so I'm quite chuffed to see it pay off in the end.

I feel this is just the beginning and people are beginning to take note. Thank you for the charts!
 
I was intrigued to see your tip's performance and started looking at this stock and thread. Noticed, on January 19, you have already foreseen it. With grown-up children, until they become parents, I am not a customer of this product but from an investment perspective, do not mind to follow this thread in future.
Good work
 
verce said:
Any chance of an updated chart to see where the next resistance is?
Click to expand...

Here you go Verce,
Again showing the chart with EOD prices we can see there may be a support or possibly a resistance at 70c if TNY retraces a little. Referring to the Equivolume chart (not shown) there appears to be a little selling pressure from .675c to .70c

I have drawn a rising support line from .26c and then it touches again at around .36c this is giving it a good angle of rising support which may be an effective proven support as it moves along its trail upwards.

 
Bit of profit taking and Supply hitting the 60 cent level today ….. Buyers appear to be thinning ….. Hope she holds up for you @verce
 
barney said:
Bit of profit taking and Supply hitting the 60 cent level today ….. Buyers appear to be thinning ….. Hope she holds up for you @verce
Click to expand...

I think Verce will be happy enough, the spike is bringing in a bit more interest than normal and it did get a little over excited yesterday but it is only a youngster, it will have its second birthday on the 21st of April. Put it down to the exuberance of youth! Far better than a recycled mining company with a share consolidation in its background!
 
Ann said:
Far better than a recycled mining company with a share consolidation in its background!
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I love recycled Mining Companies

TNY is very illiquid so its pretty difficult to make any assessment on how the short term price action will play out T/A wise ….

If it consolidates between 50 and 55 over the next few days with increasing Volume, the Chart will have a better feel about it ….

Over the last X months its been a bit of a "Gapathon" on minimal Volume
 
Just following on from the T/A aspect …. Until the Company gives some more detail on the financial benefit the Leggo deal actually brings, Traders/Investors are flying a bit blind in what it really means dollar wise …. (Traders will take profits unless there is a reason to stay put)

Further announcements should be in the pipeline regarding the above you'd expect ….. Good numbers could make the world of difference to how the SP behaves in the short term
 
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