Loopup Share Discussion Threads

[eezymunny] 27/11/2020 16:48

Market cap halved vs profit forecast absolutely decimated. Lucky day for dunce holders if you ask me...

[molatovkid] 27/11/2020 16:45

Like the cut of your jib Sbb1x....

[leewain] 27/11/2020 16:40

A net cash company with no forward guidance hmmmm

[sbb1x] 27/11/2020 16:38

Company making 15m with a mkt cap of 42 million. Wtf!Mkt cap should be at least 75 million!

[molatovkid] 27/11/2020 16:32

Yes, invest what you can afford to lose in a company making £15m !!!!!

'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) '

The negative was here:

'However, we are seeing an acceleration of churn in non-PS sectors, where our Meetings capability is less differentiated and competition is more intense. Here, we expect trading to remain challenging, although this now represents just 14% of total LoopUp Platform2 revenue.'

SO revenue from non-Ps is 14% of £50m = £6m. They don't even say they are losing business here, just challenging conditions. They will be winning business in this field too - churn works both ways, it is swings and roundabouts.

Yet the market cap. halves in one day. Ridiculous.

[redartbmud] 27/11/2020 16:31

Market cap £49m - they paid £61m for Meeting Zone in June 2018 and the Gross Profit for that business was supposed to be £15m for the year ended 31 Dec 2017.
Something has gone pear shaped here.

[sbb1x] 27/11/2020 16:28

Bottom in .... Time to boom.... gap up monday?

[velvetide] 27/11/2020 16:26

yeah, looks heavily raced during the summer season...

[leewain] 27/11/2020 16:25

40 to 60p looks cheap.invest what you can afford to lose

[sbb1x] 27/11/2020 16:12

Looking forward to bounce bounce Monday

[molatovkid] 27/11/2020 16:10

The market makers doing an excellent job clearing out the emotional, panic sellers who can't think for themselves.

With COVID vaccines looking shaky....home working and remote meetings ain't going anywhere. 2021 will be strong.

Next week should be good here....the sharks will move in and hoover these up.

[eezymunny] 27/11/2020 16:00

Forecast now just 1.5m pbt 2021 and a cash outflow?

Some right mugs in this one.

PMSL.

[sbb1x] 27/11/2020 15:46

Mkt cap 43 million

[energeticbacker] 27/11/2020 15:41

The steep share price fall has seen the market capitalisation tumble to £49m which looks modest for a business set to deliver c£15m of EBITDA adjusted pre-tax profits of approx. of c£9m for the current year. However, what of the future?

More on the Investor's Champion website.

[deltalo] 27/11/2020 15:37

Could drop to 40p like some months ago, who knows witch way it'll go.

[sbb1x] 27/11/2020 15:23

Buy buy buy fill your boots

[arcadian] 27/11/2020 15:19

Wonder if Simon will do a piece on it.

[scepticalinvestor] 27/11/2020 15:15

there is a vast difference between over promising and over delivering...from what i read, they have achieved c.50% of the numbers they forecast as certain, several months ago...

[molatovkid] 27/11/2020 15:07

Under-delivered?
What?
Like 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) '

Wish all my shares could under deliver EBITDA growth of 134%.....

[scepticalinvestor] 27/11/2020 15:04

jibbs your chum must already be down a fair whackthe trouble with this co. is that the mngt have overpromised and considerably under delivered.

[scepticalinvestor] 27/11/2020 15:02

70p close?

[sbb1x] 27/11/2020 14:58

Current mkt cap 46m