Lo-Q Share Discussion Threads

[itchycrack] 21/6/2013 08:35

Great entertainment! - some people really need to get out more!!! PSML :-) :-)

[helpaargh] 21/6/2013 08:21

Has chart in header stalled?

[robotface] 21/6/2013 08:15

Cue an article in stockop.eadia next week.

[orange1] 21/6/2013 07:51

I was at Heathrow the other day ready to board my plane. A small group was allowed to get on the plane first ahead of the vast majority. There wasn't a murmur of disapproval though. It turned out that the people in this group had bought more expensive tickets (business and first class).

[alunmorris] 21/6/2013 07:17

I didn't buy Lo-Q shares until I realised that the Q-bot didn't let you jump the queue but spend you time usefully whilst in a same-length virtual queue.

AIUI Q-bot Gold cuts the queue time by 75%. I think this is wrong and is very close to a trivial 'pay to go to the front' ticket.

In truth, even the standard Q-bot does lengthen queues, since those with a Q-bot can queue for two rides at once (one on-your-feet, one in a computer) so they can have more use of the limited resource.

The Gold Q-bot is not bad enough to make me sell up but I'm not happy with it. I suppose I have the same choice as park attenders who object to the Q-bot - boycott the park.
It's easier for me though since there are 1000s of shares available without having to travel an hour or more.

[supernumerary] 21/6/2013 01:41

I doubt anybody's going to write a great deal on the matter. It was a talking point about a decade and 7 million customers ago, but I think by now it's pretty well accepted that loq know how to manage their way round the problem, if it can even be classified as such.

pauly - I take you don't have a position here yet, but would like to?

[robotface] 21/6/2013 00:21

I imagine there will be some *edit* non-comprehensive *end edit* responses on this. This gives a flavour of the commonplace nature of paying to skip lines.

hxxp://seattletimes.com/html/travel/2021158636_themeparkvipxml.html

Money vs equality is an age-old debate.

[paulypilot] 20/6/2013 23:52

No.

My understanding from looking at Lo-Q's website & theme park websites, is that they seem to have 2 systems, one of which looks really good, in allowing people to do other things whilst they are held in a virtual queue, and calls them when they are at the top of the queue - all sounds absolutely fine.

But the system which gives preference to people who pay extra, seems to me fraught with risk, in that it will undoubtedly upset everyone else.

Other people here know far more than me about this company, so what do you think about this issue?

Cheers, Paul.

[robotface] 20/6/2013 23:48

Have you been to Disneyworld Paul?

[paulypilot] 20/6/2013 23:46

Hi,

I think it's a very valid point actually - i.e. allowing some people (who pay extra) to queue jump, will seriously upset everyone else who has had to queue.

So I think Lo-Q products need to be very carefully set up, as in my view the products that give copper, silver & gold status to theme park visitors depending on how much they have paid, could do serious damage to the visitor experience for everyone else who visits the park.

We all know how furious we feel when anyone queue jumps in day-to-day life. I would be livid if I saw a fast lane for people who have not queued. It's fine if everyone uses a system which puts you into a virtual queue, but people who pay extra and get preferential treatment with shorter queue times, strikes me as a fundamentally bad system which could well backfire with visitors who resent seeing an unfair system in operation.

I like the company, but think the valuation is too high. But if they out-perform, then the company might grow into the valuation, who knows?

Cheers, Paul.

[robotface] 20/6/2013 23:17

Is it a government run theme park?

[spud] 20/6/2013 21:14

Interesting:



This is a simple 35 euro up front payment, NOT the Q-smart smartphone solution which has been introduced at Walibi Holland.

Perhaps this will lend traction for a roll out to more Compagnie des Alpes parks sooner rather than later.

spud

[spud] 20/6/2013 19:36

I'm keeping my powder dry for Tuesday. If the tone of the statement is remotely average then we could well have blood on the streets with a possible dip into the 400's :-(

I'm sure Tom is across it though..

spud

[robotface] 20/6/2013 13:43

Surely the pacific market performance must have had some impact on this given sanderson's remit.

[felix99] 20/6/2013 10:25

reckon the 5k at 510 was a sell probably - but someone will have bought it even if it was just MM

[spud] 20/6/2013 09:16

I see someone managed 5k @ 510p - Nice! I guess the volatility will ease up going forward. Don't forget though that it'll go the other way just as quickly, so news could see us up well over £1 in a matter of minutes.spud

[janeann] 20/6/2013 08:57

thanks for the info; janeann

[spud] 20/6/2013 08:33

Managed to get 1k @ 520p (a price I thought impossible a few days ago) so from a buyers pov it's marvellous.spud

[robotface] 20/6/2013 08:32

Was it not LOQs decision to move to SETs though?

[fft] 20/6/2013 08:30

smarm,

nothing whatsoever to do with the MM's. When they are taken out they have to come back on. As with far bigger stocks that doesn't happen immediately - there is a gap of a few seconds. With a very illiquid stock like loq it is easy to put in an order for 2-3000 and take out 2 or 3 mm's (and any other punters around). at which point the new price is 20p or so lower. For "O" trades they can absorb as many as they like. with "A" trades (DMA) have to leave and come back on. stupid for a share like LOQ.

[felix99] 20/6/2013 08:17

Think it happened Monday.

JaneAnn

Basically last week LOQ was a market maker stock only. There are 5 Mms each quoting in 1000 share lots. However they may quite happily at times have bought or sold much higher amounts when they are contacted. Someone selling say 3k could speak to a market maker and he would take them at a price to fill his orders perhaps.

Now on SETS MM it is like a FTSE 100 stock where the market makers put their order on the book in 1000 lots. Plus anyone else that wants to. Now someone with 3k of stock to sell if they place their orders on the system just takes out 3 market makers in one hit. MMs will just come back lower until buyers appear. In a stock like this if there is a reasonable seller the buyers may not appear for a bit and the stock spirals down. As this am - about 4k sold and took the bid down 50 to 500 until the selling stopped.

If a fund manager wanted a line of stock he could easily sell the book down 50p with 5k of shares and hope to hit a load of stops and then buy up the stampede of sellers.

[spud] 20/6/2013 08:13

Yup - Tens of millions wiped off the Company's value in hours. I can't see Tom being very impressed..spud

[smarm] 20/6/2013 08:08

Looks like MM's haven't realised they have to pay attention here.

Silly silly system.

S

[robotface] 19/6/2013 23:11

Janeann, this might helphttp://www.londonstockexchange.com/products-and-services/trading-services/sets/sets.htm