Share Name Share Symbol Market Type Share ISIN Share Description
Loopup Group Plc LSE:LOOP London Ordinary Share GB00BYQP6S60 ORD 0.5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -1.10 -1.33% 81.40 78.00 79.00 82.50 78.50 82.50 221,716 16:35:16
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Software & Computer Services 34.2 0.4 2.5 32.6 45

Loopup Share Discussion Threads

Showing 726 to 748 of 2175 messages
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Hi rimau, Agreed I think the Analysts are being cautious for the reasons I mentioned above. But at least Simon Thompson has better captured LOOP's market proposition and positioning accurately. Progressive's report doesn't manage to do that - even though as FrugalTree correctly points out, it is paid-for coverage by LOOP.
I am a little more bullish than the recent analyst upgrades. Here is an extract of the ST article, nothing new or exclusive but an interesting read nonetheless “The company offers its information secure, reliable and easy-to-use remote conferencing technology to customers in key professional service verticals (law, accountancy, investment banking, corporate finance, private equity, asset management, insurance, PR and marketing). The client base includes more than 20 per cent of both the AmLaw Global 100 firms and the world’s top-100 private equity firms. With offices in North America, Europe, Hong Kong, Sydney and Barbados, LoopUp’s geographic footprint covers the world’s major business capitals. A trading update at the tail end of last week highlights just how these secular trends are increasing the number of users, and profitability, too. LoopUp’s first-half revenue soared by 43 per cent to £31.9m, and on four percentage point higher gross margin of 71.5 per cent. Moreover, with overheads lower year on year, the operational gearing of the business really kicked in, so much so that first cash profits (earnings before interest, taxation, depreciation and amortisation) soared by 249 per cent to £12.2m. Analyst Peter McNally at brokerage Panmure Gordon had been forecasting a cash profit of £10.7m on revenue of £50m for the whole of 2020, so has been forced to push through material earnings upgrades. In fact, based on what still looks like conservative upgrades, Panmure now forecasts annual revenue rising by 31 per cent to £56m to deliver cash profit of £16.9m (2019: £6.4m) and pre-tax profit of £10.2m (2019: £0.5m). On this basis, expect earnings per share (EPS) to rise from 2.2p to 15.1p, implying the shares are rated on a modest forward price/earnings (PE) ratio of 12, a hefty discount to the UK Small-Cap Technology sector average of 17.6. It’s worth noting that with cash profit building so quickly net borrowings have been slashed by more than half from £11.4m to £5.4m since the start of 2020, well ahead of Panmure’s year-end estimate of £7.6m. This means that more of the economic interest of the enterprise can now be attributed to shareholders. The debt reduction also reduces interest costs, thus boosting net profits. LoopUp’s share price has surged by 29 per cent to 179p since I published my Alpha Report and is well on the way to achieving my initial 225p target. Given the scale of the upgrades, the share price risk is clearly to the upside. So, ahead of the company’s operational update on Wednesday 29 July, I continue to rate the shares a strong buy.
LOOP tipped by Simon Thompson as predicted.
Progressive is paid for research, paid for by LOOP. So the forecasts and commentary will be heavily influenced and agreed with LOOP. Not sure they would allow a misunderstanding to be published. Interested to hear how they respond to the question on the 29th though. Also, they are nicely into an upgrade cycle now and i wonder if they are still low balling the forecasts - that would be very sensible and another upgrade would start to draw a line under the profit warning that tarnished this one last year. It was tipped by IC recently, so they will probably take a lap on honour and tip it again this week!
Hi Bigtime, Anyone can sign-up for Progressive Equity Research and get a copy. Whilst they are positive and have upgraded I think that they have missed understood what is going on with LOOP. They foresee some pricing pressure from customers looking for volume discounts and switching to cheaper platforms like MS Teams. No doubt some of this is occurring. However, I believe the strong performance is as a result of switching from those cheaper self-service broadband channel providers towards a better quality premium service as online communication becomes more crucial. This is something I will seek to checkout on the 29th. Underlying this is there is I think a disbelief that a UK firm can actually survive let alone prosper against the US giants - an inferiority complex. When this disbelief is removed the shares will soar.
Analysis from Progressive Equity Research ... Unable to post full report but they have materially upgraded 2020 and 2021 forecasts “We increase our revenue estimates by 11% and 6% for FY 20E and FY 21E respectively. Adjusted EBITDA numbers increase by 60% and 12% for the same years.” And Summarise- “This is an extremely strong update from LoopUp, highlighting a very profitable period for the group in H1, with positive signs that much of the improvement will persist into the future. We look forward to additional detail in the Operational Update towards the end of July.”
Lyndon, might be more "nice days at the office" over the next few days/weeks
That was a nice day at the (home) office $$$
lyndon b
Good set of Results Do remember and not known loopup provide the following services as well to other company's Microsoft Team's Skype business Cisco
Bought a few today too. Didn't look at the indicator though. Good to see the breakaway gap on rns, 166-171.5, which can sometimes become a good support zone, and remain unfilled for long periods. The min target price I have on the confirmed bowl is 237.5, with an alternate pattern suggesting 271.5
Paul Scott is positive: I've been critical of management in the past, because they've made lots of mistakes. But when the facts change, then I change my mind. This update today is really excellent. The big question mark is obviously whether this is a flash in the pan from covid-related home working? Most people seem to think that things have (at least partially) changed permanently, with more people likely to want to work from home at least some of the time in future. As my sector expert pointed out in a phone call earlier, if just one key person is working from home, then the only option is a remote meeting. LOOP is a niche specialist, so it's offering more secure conference calls (with a video option) than say Zoom, which is coded in China apparently, and has widely-known security issues. LOOP seems particularly popular with firms of lawyers and accountants, which are sticky customers. Hence I see LOOP as more a niche product, than mass market. We can see how the product works on 29 July, with a results webinar. Overall, I think this looks very interesting, and I've turned positive on this share again, due to the impressive figures published today.
Yes as I stated this morning, from a technical perspective there is a clear target at £3, and with the trading update confirming the business fundamentals are vastly improved, this appears a stone wall buy at current levels. The added bonus is that it would be a beneficiary of further covid / lockdown related issues, so is a portfolio hedge. Edit - Should move up once the 25k feeding frenzy comes to an end...
Nice bowl forming on chart, gap fill tp 290p
They got my 'BUY' as a 'SELL' too
Simon Thompson will tip LOOP in the next few days.
These trades at 180p are buys, one mine.
netcurtains - yes I'm booked-in.
So the investor "evening" in a few days time. Obviously they will talk about numbers going forward and probably we might see one or two institutional buys. Anyone here signing up for the meeting?
Excellent results, one point I'll highlight is that that LOOP's higher margin offerings - basically professionally hosted on-line conferences have contributed disproportionately. Great as ZOOM and others' self-service broadband offerings are they leave niches for differentiated players with superior service and technology to also prosper. Hosted service 'Event by LoopUp' was acquired with MeetingZone Group that they took over in June 2018. The cash generation is exceedingly positive - cash holding has increased by c. £4m at the same time as debt has fallen by c. £5m and there is a further £1.3m in cash yet to come in. So basically a healthy net cash position overall. However, when you see cash and debt on a firm's B/S it often raises a question - has the cash holding been manipulated? It's a point in time figure that can be improved by holding off making payments and chasing debtors. In LOOP's situation of rapid growth and Covid threat it is sensible to keep plenty of cash on hand - so not really concerned in the circumstances, particularly as the debt has been reduced substantially.
Nice looking bowl on the chart back to 300p for those with the patience to hold these for a few months.Remote working practice is here to stay for most industries- Only a matter of time before get there imo.GL All.
IF (very big if) they made EBITDA of £8mn in H2 the prospective EV/EBITDA would be £96mn divided by £20mn or around x5, about what you would expect for a clapped out industrial with n growth but a reasonable balance sheet.
Been watching this for awhile...todays RNS has clarified my thoughts. With more people now working from home LOOP must be in the right place at the right time. Just bought a few.
A return to the £3 level feels inevitable, both technically & fundamentally a sound buy IMO
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