Lo-Q Share Discussion Threads

[marben100] 03/4/2013 16:32

Roger Lawson attended Lo-Q's AGM yesterday. Roger has written a report on the AGM, which is available on ShareSoc's member network, here:

To access the report, you'll need to be a member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join as an associate FOC here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the report (and reports on nearly 100 other AGMs). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here:

Cheers,

Mark

[davidosh] 03/4/2013 15:52

ShareSoc have provided a report of yesterdays Agm in their Agm library section of their website

[robotface] 03/4/2013 15:49

Can anyone point me to the NASDAQ link?

[rivaldo] 03/4/2013 12:13

Cheers SM, good spot. The transcript's useful - this extract gives a taste of TB's ambitions:

"Blackpool's one of over 40 theme parks worldwide with virtual queues. So far they're all in Europe and North America. But there are plans to expand into Asia, where the sector's expanding four times faster. And theme parks could just be the beginning.

SOUNDBITE (English) LO-Q CEO TOM BURNETT, SAYING: "There's queues when you go to the bank at lunch time. there's queues at the post office, there's queues when you turn up at the airport. there's a queue to get a doctor's appointment. there's queues all over the place. Conceptually it's possible for you to organise your life in such a way as you can move around all the things you might want to do without having to stand in a queue line. and you can do that from your sitting room.""

[helpaargh] 03/4/2013 11:48

Great video thanks for posting that

[perceypig] 03/4/2013 08:52

Spud

Who the hell wants a VW with wheel arches?

Does that make you happier now i have posted something? :)

pp

[spud] 02/4/2013 16:29

Yup, my next sale will be at circa £10 in order to fund the purchase of my new Cayman. Anyone interested in an Audi TT? :-)

spud

[shanklin] 02/4/2013 16:24

Indeed. The average price on those LOQ shares I still hold is circa 54p having last sold some when they were circa £1. I find it virtually impossible to believe that LOQ will trade so badly as to only meet broker expectations and am happy to continue to retain my shareholding whilst LOQ's expansion continues apace.

[spud] 02/4/2013 16:17

Lol!

A long term investment these days can be measured in days as opposed to years. I think your average punter these days wants the 'buzz'. Me, i'm happy to settle for the 'growth' & tend to take the longer term view.

spud

[shanklin] 02/4/2013 16:04

Blimey, what happened at the AGM? Did TB not mention the 20 new contracts to be won in the next fortnight?

[rivaldo] 02/4/2013 07:46

A bullish and confident AGM statement out this morning. Can't see anything new, though the concentration on the patent portfolio is interesting:



"Lo-Q has also further invested in its extensive patent portfolio, one of our greatest strengths, and we are committed both to the protection of this portfolio and, where appropriate, extension of it as we further differentiate and extend our technological leadership in our market."

[rivaldo] 01/4/2013 09:37

Great to see Standard Life increasing their stake in LOQ to above 6% per Thursday's RNS, with 1.2m shares.

The RNS shows an increase from 1.096m shares, but actually the last holdings RNS showing for them on Investegate has Standard Life with 712k shares a year ago, so they've been steadily buying an extra 500,000 shares since then.

[ghostofahangman] 30/3/2013 11:13

Bloody hell, even the LOQ thread, is not save from "those nasty MMs are playing games agian" posts, you see lots of these posts on other threads when the share price is going down,but strangely never when it's going up, some posters even think in my former life I was being paid by a market maker.

[spud] 29/3/2013 11:55

We'll beg to differ - End of.spud

[effortless cool] 29/3/2013 11:42

orange1,

£2,900, actually, but I agree with your premise; stories of MM manipulation are almost always nonsense.

[orange1] 29/3/2013 10:40

Sorry but the whole premise is completely false. The announcement yesterday led to some 14.4k shares being sold by the MMS to buyers at a price of around 615p by the MMs.

The premise is that the MMs heard about the announcement in advance and decided to profit by dropping the price so as to induce sells with a view to offering the same shares for 615p after the announcement was made.

So let's look at the trades on Wednesday: approx. 64.8k were sold at a price of less than 615p of which some 41.6k were bought the same day. That left the MMs with some 23.2k acquired by them for less than 615p.

Yesterday, the MMS sold some 14.4k shares. Assuming these were shares they had acquired the previous day for an average of say, 595p, they have made a profit of 20p on each by selling them on at 615p ie a grand total of 290 stg.

No, MMs just make their money through buying and selling, reacting to market demand. It is far too risky for them to take positions based on rumours and winks. And what for in the case of Loq? 290 quid?

[spud] 29/3/2013 08:36

I think it's called rumours, nudges & winks...spud

[orange1] 28/3/2013 20:07

No. It's nonsense, that's not how MMs do their business.

[baxter99] 28/3/2013 19:57

How would the mm's have known yesterday? Do they have access to privileged information?

[spud] 28/3/2013 17:01

Standard Life has taken another tranche. spud

[strollingmolby] 28/3/2013 09:19

Merlin plans flotation and overseas growth



Varney said he expected a bounce back in the UK this year as there would be no competition from the Olympics, which drew 10m visitors away from alternative days out.

Elsewhere, Merlin is opening Legoland Discovery Centres in Canada, Germany and Westchester, New York; a new Madame Tussauds in Tokyo; a Dungeon in Berlin and a Sea Life Centre in Manchester.

Merlin worldwide: Numbers of attractions

• 44 Sea Life centres, including the UK, Germany, Spain, Italy and Germany

• 14 Madame Tussauds, including Bangkok, Shanghai and Las Vegas

• 10 Legoland discovery centres, including Manchester, Tokyo and Chicago

• 8 Dungeons, including The London Dungeon and Hamburg Dungeon

• 6 Legoland parks, including Windsor and California

• 5 theme parks, including Alton Towers and Chessington World of Adventures

• It also owns two ski resorts, The London Eye, Blackpool Tower

• Tree Top adventure parks based in Australia and Warwick Castle

[glyn10] 28/3/2013 08:18

spud, I agree, the mm's knew something yesterday !!

More good news again !!