Lo-Q Share Discussion Threads

[rivaldo] 22/7/2013 18:34

Here's the conference call transcript - not much of direct relevance to LOQ AFAICS at first glance:

hxxp://seekingalpha.com/article/1561462-six-flags-entertainment-management-discusses-q2-2013-results-earnings-call-transcript?part=single

[igbertsponk] 22/7/2013 13:52

Not all good news at Six Flags though

[rivaldo] 22/7/2013 13:49

A reasonable H1 report just out from Six Flags (despite adverse weather in Q2 yet again) - attendances and total spending per capita up overall. The conference call will no doubt give more details, hopefully on the new LOQ-enabled water parks in particular:

hxxp://investors.sixflags.com/phoenix.zhtml?c=61629&p=irol-newsArticle&ID=1839533&highlight=

Extract:

"Total guest spending per capita grew $0.46 or 1 percent in the second quarter to $39.52, with admissions revenue per capita increasing $0.61 or 3 percent to $22.59 and in-park revenue per capita decreasing $0.15 or 1 percent to $16.93. In the first six months of the year, total guest spending per capita grew $0.36 or 1 percent to $39.74, with admissions revenue per capita increasing $0.56 or 3 percent to $22.62 and in-park revenue per capita decreasing $0.20 to $17.12. Attendance for the first six months increased 1 percent to 10.7 million guests.

The company continued to successfully upsell guests to season passes and membership plans, and as a result, deferred revenue grew to $130 million as of June 30, 2013, an increase of $23 million or 22 percent compared to June 30, 2012. "

[rivaldo] 19/7/2013 17:41

Yep, good luck to LS, you just have to read davidosh's post for a good summary.

For the institutions to snap up £1.5m of stock at 600p so easily just shows the demand for these shares.

[spud] 19/7/2013 16:55

Leonard normally sells @ Christmas from memory so maybe he's placed his order for La Ferrari..Sold 2k @ £6 a few days ago when the bid was showing 585p, which backs up the strong demand comment. spud

[felix99] 19/7/2013 16:49

he is winding down and selling out. Think its actually quite positive as Inst usually know where the stock is coming from and I dont think he or any other director would lob 250k of shares over to Inst's if trading wasn't more than fine - and plenty of upside still to come.

[davidosh] 19/7/2013 16:40

Lo-Q (AIM: LOQ), the AIM-listed technology solutions provider to the attractions and leisure industry, announces that it received notification today that, in response to significant institutional demand, Mr Leonard Sim, an Executive Director of the Company, sold 250,000 ordinary shares of 1 pence each ("Ordinary Shares") on 19 July 2013, at an average price of 600p each representing approximately 1.28% of the Company's issued share capital. Consequently Mr Sim holds 1,943,575 Ordinary Shares representing approximately 9.96% of the Company's issued share capital.


I have no problem whatsoever with this. Leonard is not as involved day to day now as he was pre TB and did have major surgery last year so probably happy to keep easing some money into general enjoyment purposes. I think the key information is that there is significant demand from institutional investors and £6 is the recent peak so no discount being offered.

[itchycrack] 19/7/2013 16:40

Unlikely (IMHO) as its not the first time he's sold due to strong ii demand.

[igbertsponk] 19/7/2013 16:35

No doubt summat to do with the RNS just out : Leonard Sim has sold 250k shares due to "institutional demand" at 600p a share. Drops him from 10% to 9%.
Not great, will drop Monday I suspect.

[algomas] 19/7/2013 16:33

250,000 director sale just before bell

[rivaldo] 19/7/2013 14:32

Interesting transactions just reported, including a buy of 29,338 shares at 629.5p. Looks like some kind of deal of 300,700 shares changing hands in total in 4 trades.

EDIT - the trade at 629.5p has now been edited to 600p! Oh well...looks like a simple change of ownership or summat then.

[rivaldo] 18/7/2013 14:04

The superb weather is forecast to continue for at least another week, so LOQ's British operations should continue to thrive.

Dollar currency movements this year continue to be in LOQ's favour.

And Six Flags report their Q2 earnings on Monday, for which the signs are also good.

[spud] 17/7/2013 08:17

Looking like a scoot above £6 shortly IMO.spud

[rivaldo] 15/7/2013 14:02

Cheers spud.

Anyone fancy working for LOQ this summer at Six Flags Magic Mountain? Must have "basic math skills"!

hxxp://hometownstation.com/santa-clarita-news/santa-clarita-worksource-center-host-job-fair-36234

[spud] 15/7/2013 12:55

Looking a little stronger today:

Bid 587.5p (Max = 5000)
Offer 607.5p (Max = 500)

spud

[spud] 12/7/2013 17:01

Which makes a £500m valuation of LO-Q within 5 years very achievable..

spud

[itchycrack] 12/7/2013 16:34

"...between $800 million and $1 billion." - WTF!!!!!

[spud] 12/7/2013 16:10

Interesting, from the original prospectus, esp as Tom wants to acquire a company in order to facilitate a 'back door' into Disney:



Directional Data Systems Limited – This company is based in Scotland and supplies Disney with its FastPass® system. The system is based on tickets that have time allocations printed on them and are a more recent version of the 'deli-counter ticket'. They may be issued at the time of initial ticket purchase or at the ride. These systems are not interactive, resulting in the over-booking of popular rides and leading to all ticketed places on the ride being fully booked early in the day.

spud

[orange1] 12/7/2013 15:48

All fine and dandy in theory but Disney spent an absolute fortune on their wristband. The total project has been estimated as having cost between $800 million and $1 billion. Not many can afford that or anywhere near that.

[itchycrack] 12/7/2013 15:46

I think you'll find Loq are pretty hot at protecting their many many patents in this area. Would be difficult for others to break into this market at this stage, a fact borne out by the fact there is pretty much zero competition. All IMHO.

[igbertsponk] 12/7/2013 15:29

itchy - wasn't suggesting others would buy from Disney. Just if LoQ's tech isn't that original, and is able to be copied, then expect others to do so.

[itchycrack] 12/7/2013 13:42

I would say that's highly unlikely. Loq are a software company, Disney are many things, but not a software company (i.e. its not something they are likely to be interested in commercialising, its not their core business). All IMHO.

[igbertsponk] 12/7/2013 13:23

Indeed. But where one big potential customer (Disney) go, others may choose to follow. Ewpecially if they begin to suspect that LoQ is taking more of its share of revenues than is justified. Always remember who the owners of the majority of theme parks are - venture funds whose sole object is to squeeze a bit more cash out and so be able to refinance and flog the business to another bunch of vultures (I know as I used to work for a company that owned Six Flags).

This I think sadly puts a drag on LoQ's deserved potential for world domination. Will still do very very well, but with limitations.

[davidosh] 12/7/2013 12:35

LOQ are very cute about watching and ensuring nobody infringes their patents and Disney have spent a fortune developing their own with probably a considerable amount being spent because LOQ are so dominant and Disney had to avoid infringement.

What this does is thoroughly endorses that queue systems and wristbands are the way to go... so that means all the other parks not already engaging with LOQ will be just a matter of 'when ?' not 'if'

The customers now accept it as standard.