Lo-Q Share Discussion Threads

[itchycrack] 19/4/2013 14:39

I added a load more over the past week.
The great thing about this shakeout is that its been much easier to buy in volume :-)

[spud] 19/4/2013 14:38

Yup, looks like someone put a floor under the price @ £5. spud

[spud] 18/4/2013 20:14

Worth noting that all the sales at £5 were soaked up. If that continues tomorrow, i would suggest that we have an Institution accumulating once again. spud

[joe_satriani2] 18/4/2013 17:26

Thanks for the reply spud.... I guess I got too used to seeing it only go up! I like the "transformational acquisition" of Acceso" and recent contract win, so I can hold for things to heat up again...

[spud] 18/4/2013 16:47

Share got too hot on almost 40x allied to 'Broadly meeting earnings expectations' statement from Company.

If you're a chartist (unless it goes below £3) you will be avery happy chappie come March '14.

spud

[joe_satriani2] 18/4/2013 15:46

Whats going on, why is everyone selling? Everyday down 1-2%....

[nomunnofun] 18/4/2013 10:13

Hmmm - not far off the 485 when I posted in February that I had sold all before cursing it all the way up to 650 and beyond. My little venture has paid off in AFF (scary share!). I know I will be back in here over the next few days - the question is, as it is for many I am sure, when?

[2cbg] 17/4/2013 16:17

Just bought a few on the Spread.

[spud] 17/4/2013 15:18

I predict....That i'll soon be buying some more shortly :-))

spud

[robotface] 12/4/2013 08:49

I was wondering about this. I gather it came from a tweet on looking back through posts but would be keen to know if it could be substantiated further anywhere.

[spud] 12/4/2013 00:02

David - Was the Nasdaq rumour raised at the last meeting?spud

[supernumerary] 11/4/2013 22:12

tommy - I think a couple of other points are worth making. Firstly LOQ has excellent earnings visibility - it's not like a company that has to keep selling to stay in the same place. It operates long-term contracts with customers who have good reason to keep extending the scope of their contracts, as its superb record of customer retention demonstrates.

Secondly, I suspect that if loq throws off the sort of cash that davidosh is implying above, and the share price stays strong (as I'm confident it will), we can surely expect more acquisitions. Perhaps something exciting going into a Nasdaq listing? There's still an awful lot of growth potential here and TB has shown no sign of hanging about.

[spud] 11/4/2013 17:36

Yes thanks David.spud

[tommy51] 11/4/2013 13:26

Thanks spud, and particularly davidosh for some very useful pointers for me to get my teeth into.

[davidosh] 11/4/2013 09:49

For any prospective shareholders tuning into LOQ for the first time having seen the share price fall... I have been a very long term holder and so probably well placed to explain where the forward looking investors will find the likely significant growth over the next couple of years is going to come from when compared to the year just ended.


Firstly there is the fact that 2012 was not a good year for weather helping the company. Make no mistake weather conditions can influence theme and water park attendances much more than marketing spend !....Last year Lo-Q's revenue was up 18% despite a very wet UK and a very hot US holiday season. Like-for-like sales were up 12.6%. Imagine if the weather had been more supportive to higher attendances at the parks.

Secondly the company signed a partnership with Sanderson in the Far East that should be delivering some new contracts in that region quite soon and certainly during 2013.

Thirdly the accesso deal looks to be a masterstroke not just for the two businesses being stronger as one but also due to the cross selling potential and great management team that has been acquired. They will help accesso deliver growth to LOQ in revenues and earnings in 2013.

Fourthly so far in 2013 the dollar strength has worked very well in favour of LOQs 90% overseas dollar earnings. That movement so far, if it holds and certainly could be significantly hedged at this point by management if desired, would increase flat 2013 earnings by about 10% when converted.

Finally the company has stated that year two and three in new parks see very significantly increased use of the products and repeat business that means all the new parks signed up in 2011 and 2012 will deliver VERY significant growth in 2013.

I certainly look forward to 2013 and expect very good newsflow and upgrades to forecasts to be likely if the above factors play out as I expect.

[spud] 10/4/2013 21:22

It went too far too fast getting towards 40x. I think we all expected more contracts before season open allied to the 'broadly meeting expectations' company quote didn't help.From a chartist pov, a retracement to £5.50 was always on the cards and I'd like to think we could stabilise at this level now. However, this type of stock is news driven & we need a good steady flow of additional contact news in order to hold this level. We are almost exclusively held now by Institutions & Directors (which I see as a positive) with only the odd short position pulling us back.Hopefully we'll get some contract news from Asia which should reignite the afterburners.spud

[tommy51] 10/4/2013 20:11

Its been a while since I've been in LOQ , and am surprised to see this recent drop. I'm looking at getting back in and , sorry about this , can I ask the question which always causes me to roll my eyes when I see it from others but..... " Why the recent drop ?".
I can surmise at a number of things : became overheated so maybe due a correction; only "meeting expectations " is a disappointment to some ; no significant large contracts recently ?; a placing due ? pesky market makers playing games..
Would welcome any thoughts, thanks.

[spud] 10/4/2013 18:32

Has anyone read the recent ramblings of -? They really haven't grasped the fundamentals of Lo-Q's business model whatsoever. I do hope that no one on here has actually shelled out for a sub because if they grade all stocks they review with such ineptitude, you'd be better sticking it all on the favourite at Redcar @ 3.30...spud

[johnthespacer] 09/4/2013 14:23

looks like standard life have ditched 100,000 shares

[lucky_punter] 09/4/2013 14:10

the queuing solutions group, has staked its claim in Turkey through a new deal with the country's first international mega theme park, exhibition centre and shopping centre.

[rivaldo] 09/4/2013 14:05

That still implies BlackRock have added over 600,000 LOQ shares since then to get to over 10% now.

Their last RNS disclosure per Investegate was back in January when they crossed 6% with 1.04m shares AFAICS, so someone in their back office has been a bit lax methinks.

[orange1] 09/4/2013 10:37

Well something has clearly been lost in translation as according to the Loq website BlackRock held 6.89 % of the issued share capital (1,335,484 shares)as at 21 February 2013.

[fft] 09/4/2013 10:11

It does seem a bit strange that blackrock have added quite a few % to their sholding, but that 1. the share price has had a bad week or so, and that 2. there has hasn't been an RNS from anyone else to indicate a reduction in holding.

I wonder whether some holding changes have got lost in the post to LOQ ? wouldn't be the first time.

[igbertsponk] 09/4/2013 09:18

Blackrock being clever to take advantage of the dip to add another £5m worth. They clearly think this company has legs, and long ones.