MIG 0.00% 4.4¢ a.c.n. 059 457 279 limited

mig upside

  1. 87 Posts.
    $2-$4 stock price potential mentioned in the below youtube video within a few years ..



    Few points of note I see as well.

    1) last cap raise was not to the public - strategic placement was done at a premium to the market price at the time.
    2) big boys have been funding this previously, strategics will likely keep doing this
    3) this is mega billion dollar market they are targeting
    4) migs revenue is growing fast
    5) Yesterdays e-commerce announcement (launch of migshop) is a significant potential driver for mig with strong e-commerce growth in Indonesia and India
    6) Potential acquisition target from groups wanting to gain access to the fast growing markets mig is in ??

    Few interesting articles below too;

    http://redwing-asia.com/e-commerce/e-commerce-in-indonesia-big-bang/ - Massive growth in Indonesian e-commerce

    "Billed as the next frontier in e-commerce after China and India, Indonesia's market is expected to swell to US$130 billion in 2020, with an annual growth of 50 per cent, Information and Communications Technology Ministry spokesman Ismail Cawidu told The Sunday Times"

    http://www.straitstimes.com/asia/se-asia/all-eyes-on-indonesias-e-commerce-pie

    http://yourstory.com/2016/01/indias-e-commerce-assocham/

    https://www.techinasia.com/top-funded-ecommerce-startups-in-india-2015

    some very large investments in the e-commerce space in India too as per above links

    Good luck to all !
 
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