Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
SyQic comes to market Monday with a cloud of all that is unknown on listing day. However the strong press coverage from the Telegraph here coupled with an air of popularity for IPO stocks like Royal Nail or, at the other end of the scale Rapid Cloud, suggests this may fly.
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Comments
Libero
Dear Doc,
Out of interest did you remain invested in SyQic?
I know it’s performance when it floated was lacklustre. But if you held you’d be in profit right now, it’s a fast growing company (revenue grew 300% in the two years after the company launched), and it’s still very undervalued trading at 89p when fair value is 140-150p I’d say.
Well worth another look if you did sell out I’d say.
All the best,
Libero