Lo-Q Share Discussion Threads

[davidosh] 06/9/2013 09:09

Virtual queuing moving into retail space...

hxxp://www.retail-week.com/companies/house-of-fraser/house-of-fraser-trials-virtual-queue-system-for-online-collection/5052769.article?referrer=RSS&utm_source=twitterfeed&utm_medium=twitter

[spud] 06/9/2013 08:35

Obviously not! :-))spud

[spud] 05/9/2013 16:05

Since moving to SETS MM the mid price has been anything but. Not of massive importance but can anyone shed light on this anomaly?

spud

[effortless cool] 05/9/2013 06:59

Only teasing, David, although I do think it would be worthwhile calculating a proper IRR on your portfolio.

Anyway, you've clearly done very well, even if you don't know exactly how well, so congratulations!

[davidosh] 05/9/2013 00:18

EC....I do agree it is not a perfect marker but I have no overall measure and eight of the ten holdings were pretty much the same throughout the period with one being taken over late in the year. In a positive year the portfolio gain if including SB accounts will be much better than shown and there are dividends to add as well. The problem for me is how to provide comparable data from the SB providers to that which is available to me from my brokers.

My top ten holdings are very identifiable and a Motley Fool writer has tracked them for years so I felt that was the fairest way to show general performance. If the other investors simply gave annual percentages then one could argue mine have at least been validated against individual investments made. I certainly would not wish to mislead anyone.

I think it is the style and strategy of investing that is of interest to most not an exact percentage gain.

[effortless cool] 04/9/2013 21:26

David,

Returning to "Eric", don't you think it's misleading to use the 10 largest holdings to judge performance? Surely it's a very biased sample, with those holdings that have done well much more likely to be amongst the largest? If a holding has lost 95% of its value, for example, it would not be amongst the 10 largest.

[expletive deleted] 04/9/2013 18:38

Article on theme parks in today's Evening Standard gives LOQ a favourable mention.

[davidosh] 04/9/2013 18:38

Lots of mention for LOQ and the Qbots and Qbands in tonights Evening Standard with a feature on theme parks....

hxxp://www.standard.co.uk/business/media/gideon-spanier-theme-parks-are-on-an-upward-ride-8797761.html

Lo-Q, the London-listed technology firm behind Q-Bot, the handheld queue-busting device for theme park visitors, has seen its share price leap 83% in the last year and tenfold since 2009

Operators are looking at other ways to use technology. Visitors to Legoland Windsor can pay from £15 a head to rent Lo-Q's clever, handheld Q-Bot device, which lets users reserve a place at a ride in, say, half an hour's time, rather than queue. Lo-Q also offers digital wristbands in some US parks, allowing users quick access to rides.

The next big thing is mobile, letting users turn their phone into a digital pass from entry to the park to using rides and even accessing their hotel room. "We're all getting more technology-literate," says Tom Burnet, chief executive of Lo-Q. "Consumers are coming to the park and expecting to use their phone to add to the experience. The iPhone and other phones have opened their eyes to the art of the possible."

Disney has pioneered its own digital wristband, called My Magic Plus, in Florida, and is looking hard at mobile.

[supernumerary] 04/9/2013 17:37

Glad to hear he's enjoying it, but if a big enough bait is offered he'll take it. I guess we just have to rely on the rest of the board to tie him in as much as possible.

[davidosh] 04/9/2013 17:22

Lol.....good point. There is always a downside and of course if he wins the usual drop in share price that follows !
That said I think you will find there is not another job in the world he would take right now as he told me only a few weeks ago that he was enjoying it so much and there is so much still to go for !
Anyway the transfer window closed on Monday lol

[supernumerary] 04/9/2013 17:18

dd - please don't bring this one to the attention of any more headhunters than is strictly necessary...

[davidosh] 04/9/2013 17:03

Anyone going to put forward a top CEO for nomination ?

hxxp://www.quotedcompanyawards.com/GTQCA/nominate/nominate.thtml

More the merrier.

[effortless cool] 04/9/2013 13:29

Well done, "Eric".

[davidosh] 04/9/2013 12:40

LOQ were the stand out performer amongst some quality small caps for Eric !

hxxp://intel.harriman-house.com/investing/free-capital-what-happened-next/

[rivaldo] 04/9/2013 11:02

Trustnet notes today that the respected Harry Nimmo has been buying LOQ (and FSJ!) for his Standard Life UK Smaller Companies IT:

hxxp://www.trustnet.com/News/454845/harry-nimmo-the-stocks-ive-been-adding-to-my-trust/1/1/

"He also bought Lo-Q, a company that develops queuing technologies for visitor attractions."

[davidosh] 03/9/2013 06:50

A New thrill ride for Six Flags in 2014...



Not my idea of fun but no doubt a nice view for the twenty seconds you are at the top !

[spud] 02/9/2013 16:31

Not sure whether anyone had expectations regarding this other than a continued dilution going forward, which is kind of inevitable.

spud

[orange1] 02/9/2013 09:08

What do people make of today's announcement? Is 19,700,401 in line with expectations?

[spud] 29/8/2013 09:18

According to my charts we've still got a dip to 550ish to come & a pretty decent spike before the year end.spud

[igbertsponk] 29/8/2013 09:03

Expect it to flatline for months until IMS or decent news.

[spud] 28/8/2013 17:54

Looks as if it's being bought at £6 again..

spud

[davidosh] 27/8/2013 11:28

I am absolutely certain that they will provide a very detailed trading update in November and they will not have taken this decision lightly. Frankly I always felt the move to October year end was a strange one considering the business probably has a high point in cash in late November and sometimes the season for parks actually runs into the first week of November with Frightfest in US and Bonfire weekends etc in UK.

As the accesso business also runs on a calendar year it makes sense to move to December reporting and will make the figures look slightly less seasonal as May and June are reasonably busy months compared to Nov and Dec.

[fft] 27/8/2013 09:49

To mitigate this change, the trading update will have to be a lot more detailed then usual. Otherwise there might be the suspicion of something not being revealed in a timely manner, and the common PI falling well behind on the information front.

[baxter99] 27/8/2013 09:49

Spud - thanks for the clarification. I now know what to do when I offload my 100,000 having accumulated 5.5% of that figure to date!

[davidosh] 27/8/2013 09:37

This was in the 2009 interims...

Change of year end

Those that are familiar with the company will know that most of Lo-Q's trading takes place in a concentrated period when the majority of our theme parks are open and that trading begins to wind down dramatically at the end of October when most parks close for the winter.
As a result we believe it is more appropriate to change our current financial year end to the 31 October. This will mean that the year end balance sheet will provide a robust view of the Group's annual cash position and company's performance to shareholders and potential shareholders as well as suppliers, customers, banks and finance companies.

So until four years ago it was June/December and we were all quite happy. I thought the change last time was more to do with having the quiet non operational period (Nov to Feb) to get the accounts and Agm out of the way before the busy new contracts, hiring of seasonal staff and Easter etc. I suspect that the new board want to try to minimise the seasonal fluctuation of revenues and earnings.