This is a mobile optimized page that loads fast, if you want to load the real page, click this text.

TNY - Tinybeans Group

Jump to new
barney said:
Great day for the Tinylegumes

The Supply is getting thinner than my old man's hair

Over the recent high at 72 cents and its everyone to your place for a booze up @verce lol
Click to expand...

If I get to retire early @Ann is definitely invited because she believed in me from basically the beginning. And was very helpful with the charts!

You can come too barney.
 
verce said:
If I get to retire early

You can come too barney.
Click to expand...

Lol ….. I'm in

Bear in mind … if AMG happens to strike an IOCG at Cloncurry I will be retiring first

If not, fortunately I like the taste of baked beans, so win win either way for me

Seriously though … Tiny beans is showing some positive signs … if it gets through those recent highs, it could really get interesting Technically ….. If that happens and the Fundamentals stack up … happy days for holders
 
The special event sales for brands reminds me of the Afterpay "Afteryay Day" kind of deal. Very switched on marketing.

e.g.


And the Tinybeans approach:


There is a lot of scope for expansion here as @Ann pointed out:

"Sort of a combination of Facebook and Amazon, all they need to do now it to have an Ebay style where parents can sell their second hand kids stuff on line through them."
 
Reactions: Ann
Up another 20% today so far … I see a booze up coming lol ….. Great to see someone having a win @verce
 
barney said:
Up another 20% today so far … I see a booze up coming lol ….. Great to see someone having a win @verce
Click to expand...

Thanks mate! I much prefer this supportive forum to the 'other' one I won't name. Dealing with perpetual trolls is frustrating at times.
 
verce said:
I did take my name from Vercingetorix after all!
Click to expand...
I thought there was a meaning in your name Verce! I just did a search for images of Vercingetorix and he is one cool dude! Drag one in as your avatar, so much cooler then an empty space!

I will put up a chart on the weekend, this baby is flying.
 
Looking forward to the chart! Will be watching closely tomorrow. There will probably be a slight pullback and some consolidation - a bit of a breather.
 
Reactions: Ann
verce said:
Looking forward to the chart! Will be watching closely tomorrow. There will probably be a slight pullback and some consolidation - a bit of a breather.
Click to expand...

… Not …. lol …..

I don't even own it and I'm excited High of $1.03 .. up another 25+%
 
Make that $1.09 ..... and 33%

Spoke too soon and put the mocker on it ….. Only $1.06 lol
 
barney said:
Make that $1.09 ..... and 33%

Spoke too soon and put the mocker on it ….. Only $1.06 lol
Click to expand...

Did I say $1.06 ………. Tell him he's dreaming ….. Currently $1.19

Hope she stays there for you Verce …….. Stellar rise.
 
barney said:
Tiny beans is showing some positive signs … if it gets through those recent highs, it could really get interesting Technically
Click to expand...

Closed at $1.03 with some expected profit taking and a big Pin bar ….. Might need a bit of a rest and resuscitation for a while now you'd think.

If the Top 20 are holding tight, it will be a big vote of confidence though​

JTLP said:
I’m eating humble pie on this one!
Click to expand...

Humble pie still tastes better than baked beans
 
Very happy. Still holding.

I personally subscribe to the philosophy that you should always let your winners run. The company is just as fundamentally strong as ever, and getting stronger if you look at the Apple App Store ratings (over 50,000 5-star reviews).

Great undervalued companies like this are so hard to find these days (I spent over a hundred hours researching - trust me) - why would I sell? Nothing has changed. Market cap still tiny. But this company is certainly not tiny in ambition!

Thanks everyone for your kind words.

@Ann looking forward to that chart!

Cheers,
verce
 
I note with interest that Pinterest (hey that rhymes) just IPO'd in the United States @ 10 billion USD so I dare say at ~30m AUD market cap this is still undervalued.

Snapchat started out with less traction than this. The only thing that worked for Snapchat was word of mouth (which is what TNY is doing). It took a bit of time to get going but it eventually snowballed into the 12-billion-dollar giant it is today.

It's clear to see there are tech stocks on the ASX with no revenue prospects that are trading at 100m. Over three times TNY's current market cap which would imply a fair valuation of $3.

Separately, if you look at how social media networks are traditionally valued, Metcalfes law would dictate that if the number of users in a network doubles (which it has after reaching 3 million) then the value of said network actually goes up by quadruple. Which would imply a fair valuation of $4.

I imagine the stock will eventually start trading in the $3 - $4 range when people wake up.
 
Mate
You talked money and showed money with conviction. I did not do research on this excepting reading your convincing success story and aiming to get TNY to $3.
I believe your research has paid dividend and will pay as well. Do not hold but salute to your research.
 
verce said:
It's clear to see there are tech stocks on the ASX with no revenue prospects that are trading at 100m. Over three times TNY's current market cap which would imply a fair valuation of $3.
Click to expand...

It implies nothing of the sort, I suspect you are confusing price with value. (notwithstanding that your speculative bet on TNY has been hugely successful for you to date, well done.)

verce said:
Separately, if you look at how social media networks are traditionally valued,...
Click to expand...

If you use traditional valuation you end up with a valuation that is some fraction of current price, what has happened is that in order to support the speculative hype on these sort of businesses, analysts invent new metrics and claim "its different this time". We wont know until the tide goes out, who has togs on.

Remember the old adage, "in the short term the market is a voting machine, in the long term its a weighing machine." The narrative has no intrinsic value, the hype & creative metrics have no intrinsic value, so if you plan to hold long term, make sure you inderstand the business, balance sheet and management alignment.

As I say, well done to date, sounds like you are sitting on a significant gain.
 
You must log in or register to reply here.

Similar threads

REM - RemSense Technologies
Replies
10
Views
3K
pabloran
P
EDV - Endeavour Group
3 4 5
Replies
83
Views
14K
finicky
OPN - Openn Negotiation
Replies
3
Views
2K
Country Lad
SKO - Serko Limited
Replies
9
Views
5K
Country Lad
IS3 - I Synergy Group
Replies
0
Views
4K
System
Menu
Log in
Register
Cookies are required to use this site. You must accept them to continue using the site. Learn more...