Lo-Q Share Discussion Threads

[valustar1] 04/10/2012 07:36

The LOQ system at 6 flags gets a mention

[rivaldo] 28/9/2012 08:40

Interesting commentary from Amati VCT2 in their results just released - they own £1.6m of stock:



"The biggest positive contributor to performance in the period was Lo-Q. Lo-Q, which develops technologies used by theme park visitors to avoid standing in queues, continues to produce positive revenue and earnings growth, driven by contract wins and implementations. Lo-Q's sustained success demonstrates that its proposition to enhance the customer's experience continues to be in demand despite the low-growth consumer environment. An extension of the company's core contract with Six Flags provides a base for further expansion internationally and into new products, such as a waterproof wrist band device that has opened up the water park market. The share price appreciation has put the company on the radar of a larger investment audience, which created a virtuous cycle of liquidity and share price momentum."

[davidosh] 24/9/2012 14:08

I do not think you need to worry about these options. From memory they would lapse very soon so the conversion is positive and it is not necessarily going to lead to any selling. The brokers advised me that they have institutions keen to buy around this level so I cannot see a fall below £3 unless markets get nasty.

We will be getting a year end update within weeks and maybe positive noise from the Far East deal as they are going into their busy season in December/January onwards so may be looking to be installed with new systems around the next couple of months.

The very first Mello event in Scotland is happening in late October and TB has been provisionally booked for that in Edinburgh so hopefully investors north of the border will have an opportunity to hear about LO-Q too

[eddie catflap] 24/9/2012 11:35

Don't use twitter but saw this lo-q entry.

Anyone know if there is more to it or were they just angling to join a Radio 4 discussion?

https://twitter.com/LoQplc

[spud] 24/9/2012 08:25

Blimey, it's LO-Q Option confetti time! At this rate I'll be topping up circa £2.75!spud

[spud] 20/9/2012 16:24

A couple of biggies which I have as buys on my radar, namely 115k & 105k.

I've still got a spare 30k available for any dip below £3 having bought a further 11.5k shares over the past 5 weeks.

spud

[felix99] 19/9/2012 16:25

employees flogging their options - think it was about 100k which were applied to be listed last week was it ? See RNS 7/9. Thats my theory anyway!

[perceypig] 19/9/2012 16:20

10% drop in just 2 weeks...............
Any ideas??

pp

[rivaldo] 19/9/2012 16:01

Earlier this month Merlin opened the huge Legoland Malaysia. They now have 21 attractions in the Asia-Pacific region and are looking out for more:



Given LOQ's presence at Legoland, and the new partnership agreement for the Asian-Pacific region, one would think there's plenty of opportunities for expansion for LOQ.

[perceypig] 14/9/2012 10:17

Welcome Woodcutter,


pp

[shanklin] 14/9/2012 08:32

fft

There will be significant start up costs at the water parks and any other sites where LOQ technology is newly installed.

[fft] 14/9/2012 08:23

Looking at the Nat West site, they only have 1 broker giving an estimate, and that is 13.54 EPS for 2012 and 14.81 EPS for 2013. IG has 2, but still at 13EPS average.

Does anyone have any more recent broker estimates ?

FWIW, i expect EPS for 2012 to be up by 50% on 2011 due to the water parks and increased sales at other parks. I also expect EPS for 2013 to be up by 50% on 2012. That would equate to about 24p, which would still leave the share price on a p/e of about 13. So it could be argued that the price is fully up with expectations - and based on the broker estimates it could be argued to be overpriced.

Anyone any other thoughts ?

[lord garry] 13/9/2012 10:03

Great move

[woodcutter] 13/9/2012 10:02

davidosh

Thanks i'll look forward to keeping an eye out for that.

It's clear from my posts i have some reservations regarding the theme park business model, they appear to notoriuosly expensive to run and the history of failures is not insignificant.

Most of my investments are in niche small businesses with reasonable barriers to entry. LOQ is clearly a niche business that's what attracted me.

However I'm not sure what barriers to entry there are for LOQ, ii seems from recent posts that there are some very strong patents on their own technology but i can't see what's stopping anyone from developing a phone app linked to the theme park business model, i'm sure it's more complicated than that but that's my thoughts fwiw.

Not withstanding that the last set of six flags figures do look interesting, can that be sustained? As you'd expect a better level of comfort is gained from having a wider client base too.

It seems i'll have to do some more in depth analysis so i'll be having a more detailed look over their clients over the coming days, thanks again for your welcome.

Woody

[davidosh] 13/9/2012 09:04

Woodcutter....Just to add. You are very welcome here and i arrange regular presentations involving LOQ which will be announced here for investors and shareholders to attend and gain a greater knowledge of the company and its market,customers, and partners etc

[woodcutter] 13/9/2012 08:44

i never suggested that anyone on here should analyse the accounts, i asked if anyone had done so and if they had would they be kind enough to post them. If you got that impression then i apologise that was not my intention.

There are over 9000 posts on this thread do you expect me to read them all to see if the information has been previously posted.

I didn't suggest either that six flags might go bankrupt. it is clear it was in trouble in the past and it still has a net debt of $750m so clearly it has some work to do to improve it's financial position.

Unfortunately i hadn't seen this years figures, as they don't appear to be on the six flags website. But the figures going back to 2007 which are on the website don't look pretty.

Like many people i'm pretty busy and anything that helps to cut down my research time is welcome so had the analysis been done it seems perfectly acceptable to me to be pointed in the right direction.

In the interests of balance would you prefer if everyone who came on here was 100% supportive of the stock, if i've raised questions which have already been dealt with in the past so be it but as i've said i haven't got time to read all 9000 +posts.

There are some posters on here who i trust and have observed from other threads who do thorough detailed analysis, similar to myself, so it seemed sensible to ask what was available if that doesn't fit with some then sorry but you can't win them all.

WC

[spud] 13/9/2012 08:09

Thank you super - You've encapsulated what I was crudely attempting to get at in my previous post.spud / Spud

[supernumerary] 13/9/2012 01:04

WC - did you think for a long time before choosing that nick?

A lot of us including Spud (or should that be spud?) were loq shareholders when 6F was in Chapter 11 ie technically bankrupt. It just seems a bit weird that someone should come on here and warn us that 6F might go bankrupt, if you see what I mean.

Then when he suggests that we should analyse the 6F accounts in order to save him the trouble and so minimise his risk of investing in a company whose major customer might go bankrupt, it seems even weirder, if you see what I mean.

It's late. I'm sure you have our best interests at heart.

[davidosh] 12/9/2012 23:59

FWIW....Whilst SF were in Chapter11 the LOQ invoices and share of the revenues were always paid very promptly and in full. Revenues were increasing all the way through and LOQ have an excellent relationship with their largest customer. I cannot see SF having problems from here as everything is going in the right direction for them. If they survived the 2007/9 crisis and are now much stronger having been restructered I do not see a problem. Naturally if the economy collapsed and attendances fell by 20% then the situation needs revisiting but SF has been through the pain barrier and survived.

The water parks growth and expansion into the far East will soon change the dominance of Six Flags in any event. For example, If LOQ sign up a water park deal with a large operator for 2013 then SF would almost certainly drop significantly below 50% in park numbers.

[woodcutter] 12/9/2012 23:36

riv

thx the link was very helpful and if those kind of profit figures can be continued i guess their net debt will come down at a reasonable pace. I'll now have a further look when i've got some time, perhaps do a little more research.

WC

[stewjames] 12/9/2012 23:02

I'm hoping Spud and spud are not one and the same.

[kalkanite] 12/9/2012 19:08

"Personally I really don't care whether you invest or not - it makes diddly squat difference to me or anyone else who has invested - I really don't know why you bothered to post that fact...

You surprised me with that comment spud? Woody had genuine and real concerns which I thought he presented quite well for discussion. Surely you don't want a board full of cheer leaders? Intelligent debate is essential for all investors whether it is positive or negative.

Woody I get the feeling that Six flags has turned a corner now and is embarking on a strategy for the future but as always DYOR


K

[spud] 12/9/2012 18:02

Woody12 months ago you may have had a valid point re Six Flags solvency but not now. As regards the feel good factor, The US has been going through a very bad period with the Market well below 10k and yet the visitor numbers are up. Why is this do you think?Personally I really don't care whether you invest or not - it makes diddly squat difference to me or anyone else who has invested - I really don't know why you bothered to post that fact...Anyway, good luck in your investment decisions elsewhere & Bon Voyage.Spud