Lo-Q Share Discussion Threads

[markt] 20/3/2013 13:19

A cynic (like me!) may think that the recent rocket run up in the LOQ share price was due to insider trading knowing that this deal was about to be announced.

[davidosh] 20/3/2013 13:12

It is the Agm a week on Tuesday. Any of you coming ?

[itchycrack] 20/3/2013 12:38

Those are not problems I'm going to have Felix :-)

[janeann] 20/3/2013 12:31

sounds all well and good felix, but where do you live in the meantime......

[felix99] 20/3/2013 11:47

Itchy its not tax free - you will pay tax on your pension income when you draw it !

The ideal is to have your pension as a rainy day fund and spend everything else. Then when your an old crock you go into the home with no "assets" and its paid for by the state and not the kids. When you die its a great IHT dodge as your pension, assuming you dont draw it down or touch it, is in trust and outside of your estate to whoever you want to leave it to.

SIPP is CGT free yes but careful planning each year using £10,800 should be good enough for most to mitigate this cost - or spreadbet them on a sinlge share anyway. Maybe not a bog portfolio

[rivaldo] 20/3/2013 11:27

Top find Orange1. Equity Development aren't usually the kind of people to talk about such things without being genuine from my experience.

You could pick any price target for LOQ following a NASDAQ listing given its global leadership and prospects and the kinds of ratings achieved over there :o))

[itchycrack] 20/3/2013 10:36

A NASDAQ listing - BRING IT ON!!!!!!!!!!!!!!!!!!!!!! :-) :-) :-)

[orange1] 20/3/2013 10:18

Could this be the reason for the recent strength?:

@equity_research: #TMFPP $LOQ.L Lo-Q - another new contract win - shares have been Very strong on series of contract /customer wins. Talk of NASDAQ listing

[itchycrack] 20/3/2013 09:18

Couldn't agree with you more on that one rivaldo!
And with my entire holding being in my SIPP its all tax free!
I'm certainly going to enjoy a very happy and prosperous retirement when it comes.
Very happy days indeed! :-) :-) :-)

[spud] 20/3/2013 09:17

Indeed riv. I'm afraid that's where most investors fail. spud

[rivaldo] 20/3/2013 09:10

Never has the phrase "run your winners" been shown to be more true.

[igbertsponk] 20/3/2013 09:01

Not a massive deal, as proven by it being a non reg announcement.
But every little helps and shows the progress.
Bonkers share price action again !

[glyn10] 20/3/2013 08:18

Good to see a new deal to accesso, showing what a good move it was to acquire them. Another good plan by Tom now coming to fruition

[deepvalueinvestor] 20/3/2013 08:16

Well done everyone. I was tipped this a long time ago by an analyst and should have listened!

[spud] 20/3/2013 07:47

Very nice. 'The Club', is this a pseudonym for a name that can't be mentioned (in the same vein as Universal) & if so, how big is 'The Club'? Good to see the price being marked up in anticipation.spud

[rivaldo] 20/3/2013 07:35

Another contract win...



"Contract Win

- accesso signs a 4 year deal with a major North American Membership Club -
- accesso to become this client's exclusive eCommerce attraction ticketing solutions provider -

Lo-Q plc (AIM: LOQ), the AIM-listed technology solutions provider to the attractions and leisure industry, is pleased to announce that accesso has signed an agreement with a major North American Membership Club (the "Club") to be its exclusive eCommerce ticketing solutions provider.

Under the terms of the agreement the Club will employ the accesso PassportSM ticketing suite's eCommerce solution for a term of 4 years. accesso Passport'seCommerce solution generates secure, bar‐coded, print‐at‐;home tickets that can be validated directly at the attraction's front gate. Starting this summer, the North American Membership Club will begin providing this print-at-home delivery option for the Club's largest Florida attractions partners through a single eCommerce storefront. This will allow the Club's members to purchase and print discounted tickets to the attractions directly from the Club's website.

Commenting on the agreement Tom Burnet, Chief Executive of Lo-Q, said:

"I am thrilled to have signed this deal which highlights the strength of Accesso's offering particularly in the North American market. This agreement not only demonstrates further signs of progress from our Accesso business, but it also reinforces Accesso's position as the attractions industry's leading provider of ticketing solutions. As we seek to grow the scope and potential of our business, agreements such as this reinforce the benefits that our Accesso operation adds to that of the combined Group.""

[spud] 19/3/2013 22:57

Very happy days indeed David. I had £4.20 odd for this year & £6.80 ish for next. I hadn't got £10 in my mind until 2015. I now think we'll reach that milestone a year early with a very good shot at £15 in 2015.Happy days! spud

[the analyst] 19/3/2013 20:58

For a long time, I've thought that LOQ should be capable of making £10m pa profit without too much trouble.

Which, for me at least, would make a valuation of £300m+ quite possible. At some stage...

But valuing the company really depends what sort of multiple you apply. Who ever thought ASC would command such a high rating for such a long time?

[jong] 19/3/2013 20:52

IMHO this will be a real growth year for Lo-Q. They've made it perfectly clear they want to become a much bigger global leisure company :-

"The board has as its strategic ambition the vision to build a trusted, proven and energetic supplier of scale across multiple Leisure markets. At the heart of this, we believe the convergence of queuing, ticketing, payments and digital content on to mobile platforms is inevitable and that this represents a huge potential"

I think the Institutions are just waking up to this and the potential for real growth. With highly rated paper at the moment, and a recent new bank facility put in place I expect further acquisitions, as well as lots of new deals for both accesso and loq.

I'm holding till at least £10 :-)

[m.t.glass] 19/3/2013 20:20

"..Forget the collusion and concert party theories.."

With this particular stock, I agree.
(was just answering the question)

I think it's just to do with a widening awareness of the company and its prospects, increasing demand and enthusiasm.

[davidosh] 19/3/2013 20:12

Forget the collusion and concert party theories. Why would any bidder push it from £3.50 just before Christmas to £6.50 within weeks to make a bid ? If they were to do it for best effect then any bidder would simply try to get management onside for a deal and agreed exit for holders at say 80% premium when the share price was around £3.50 and simply offer £6 cash or fairly liquid paper exit.

I think many would have considered £6 a clean exit and institutions with little loyalty would have taken quick booked profits of 150% on holdings picked up only six months before at £3 average 'in' price.

This demand at these prices has set a new marker and if a bid came now it would probably have to be at the £10 that TB mentioned as his next personal goal. I am with him all the way and many of us should get a feel for where we are going in two weeks time at the Agm.

Many institutions are still getting to know the growth story here and learning about the new applications.

Happy days !!

[thegameofmoney] 19/3/2013 19:02

Been watching this one for a while... Today's comment was damn should of got in when I thought about it. My concern is how far this can go?! I would like to see them expand out further to music concerts etc.

[m.t.glass] 19/3/2013 18:47

There are rules applicable when parties work "in concert" -




but there are sneaky ways of disguising what they are doing

"Ostensibly unconnected investors working in concert to make discreet purchase of a firm's shares. Each investor buys just enough shares to remain below the statutory level above which he or she must declare his or her interest. Their usual objective is to jointly accumulate enough number of voting shares to (1) manipulate share prices, (2) influence a firm's management, or (3) initiate a takeover bid. This practice is officially disapproved by securities watchdog organizations."
(businessdictionary.com)

You or I might legitimately accumulate a significant number of shares - but might also have done so with the secretly agreed intention of voting together with others at some later date - without that secret agreement ever being provable.