Loopup Share Discussion Threads

[che7win] 27/11/2020 08:39

Crazy times,£47m market cap, EBITDA of £15m cash of £11.6m.Should get back into triple figures today.

[sphere25] 27/11/2020 08:35

Had a high risk short term trade at 80p. Exit if it falls under 75p but it would appear massively oversold on both technicals and fundamentals.

Are appearances deceptive though?

[molatovkid] 27/11/2020 08:33

Can see Director buying RNS coming in next week....

[che7win] 27/11/2020 08:32

IMHO, this is well oversold, the baby thrown out with the bath water.Interesting to watch the market overreaction and subsequent bounce which is imminent imho.

[pratt2] 27/11/2020 08:29

Either way I m stuck here for the longer term, can't afford to sell now with 65% erosion of capital sadly. In the current market with a lot of contrarian and growth plays available, market will heavily penalise for today.

[pratt2] 27/11/2020 08:28

Again let's go back to first principles and look at a baseline projection for next year based on today's announcement. Could someone kindly do this? I am in meetings all morning so can't really do now, apologies. Alternatively wait for analyst updates.Some director buying now may be a vote of confidence considering how big the opportunity may be now (if they really think it's cheap!).

[maddox] 27/11/2020 08:26

Investors will see this as a profit warning and have learnt to sell immediately. It is in fact an expectation failure but the distinction will be lost.

[molatovkid] 27/11/2020 08:24

Adam, I had to read it twice to make sure I understood it !

[bookbroker] 27/11/2020 08:24

Probably not, do not know anything about this company, except that there are others in the game called Teams and Zoom. But get the feeling that this company is a niche player somewhere, but a halving in price at low today seems harsh, I’m sure they have a role somewhere!

[adamb1978] 27/11/2020 08:24

Agree MolakovThe presentation of the update this morning is particularly poor, especially the differentiation between the to markets - the scale of the problematic piece (14% of revenues) is burried late on. They should have said earlier in the RNS that that piece was only the minorityAdam

[deltalo] 27/11/2020 08:22

I agree, this should bounce back up now.

[molatovkid] 27/11/2020 08:20

In light of this, the Group now expects FY20 revenue to be no lower than £50 million (c.18% growth on FY2019) and EBITDA to be no lower than £15 million (c.134% growth on FY2019)

THAT does not justify such a fall & could have been presented more clearly. Almost like they want it to tank.

[pugugly] 27/11/2020 08:19

Re post 646 - share price action today looks like my gut take was correct - Now significantly below price where unloaded - Lesson learnt - If company faile to respont to PI investors then possibly best to avoid - unload. Paid signifcantly in this case.

[allstars001] 27/11/2020 08:18

Completely overdone

[molatovkid] 27/11/2020 08:17

Agree Parvez 100%....a gift

[redartbmud] 27/11/2020 08:16

Parvez

Hang onto that thought, if it gives you comfort.
Numbers don't support it.
Where were they getting info for previous numbers from? A cloud of something they had been smoking?

[che7win] 27/11/2020 08:16

Market overreaction at this price.

[parvez] 27/11/2020 08:11

Put it into perspective....the non-PS business is only 14% of the total and very competitive. The rest of the business i.e. PS and Cloud Telephony is flying. I would suggest they will focus on growth PS/Telephony market. An absolute steal at current price IMHO.

[bookbroker] 27/11/2020 08:09

Looking at some of those bids this could hit 80p!

[redartbmud] 27/11/2020 08:05

No reason to buy, even at very depressed levels.

[maddox] 27/11/2020 08:04

Well done Pratt you called it correctly. This is a real mixed bag. Lower than expected H2 revenue despite the continuing momentum from Covid masking some very good progress elsewhere.

[monet] 27/11/2020 07:59

LoopUp Group says its core business continues to trade robustly

hxxps://www.proactiveinvestors.co.uk/companies/news/935093/loopup-group-says-its-core-business-continues-to-trade-robustly-935093.html

[horndean eagle] 27/11/2020 07:59

What a bunch of shysters. Zero mention of any of this huge churn at interim stage. Almost bordering criminality in not doing so and then subsequently dumping stock. A lot of explaining needed.

[frazboy] 27/11/2020 07:58

With hindsight, the COO, Marcus Greensit, certainly timed his sale very well.