Loopup Share Discussion Threads

[stalker_boy] 08/2/2021 11:32

A translation for that post is I have not really bought any but just want to ramp my other stocks.

[ny boy] 08/2/2021 11:30

I added a few more last week on weakness, trading statement was fine, looking forward to more positive news flow going forward.. was going to add more after the TS but decided to add to ( FOXT) instead. Dyor as usual

[kirk 6] 08/2/2021 11:23

Absolutely, it's a great achievement that Loop is virtually debt free. I honestly thought given the current price action that we were in for a substantial placing to wipe away the debt. What a company and what potential given market conditions and growth prospects

[bad gateway] 08/2/2021 11:22

Share has moved above the 50dsma. First time since the initial drop from 216p so positive enough for me leading into the next update. Little steps and all that.

[sev22] 08/2/2021 11:16

A delayed purchase of 46000 shares just appeared on my screen.

[eye2] 08/2/2021 11:12

loop want to be debt free thats some going to wipe out that debt in the last 14 months
6 weeks to big update the chart will brekout in the mean time

[eye2] 08/2/2021 11:11

go and find a stock like icon massive debt and zillons of shares

[yump] 08/2/2021 11:03

What frustrates people is probably that they're supposed to be in a growth area, based online, which shouldn't be particularly affected by covid (in fact supposed to be a positive for increasing business) and yet that's now an issue.

[bad gateway] 08/2/2021 10:54

Was there a plunge? They didn't sound too negative going forward at the end of the Nov update and did in fact cover the fact that short term predictions were difficult..

"In our recent market communications, we expressed that overall macro conditions continue to be marked by a high degree of instability relating to the societal and economic effects of the Covid-19 pandemic, which has made it challenging to provide specific guidance on near-term expectations."

Happy to wait for the FY myself but glad to see the share price recovering from the gap fill.

[kirk 6] 08/2/2021 10:51

Having said that, we have already had some management changes for the Australia section, and they've actually mentioned the growth potential in this part of the world.

[kirk 6] 08/2/2021 10:50

Ezey I remember you posted on a few other stocks that I had a very large position in which Have gone up a very minimum of 100 to 200% upside

[kirk 6] 08/2/2021 10:48

The trend may not be your friend, but the trend is starting to change and the key is to get in when the trend is starting to change to maximise profits.However you look and valuate this company, it is extremely cheap and even if they maintain the current levels of profitability then we are probably One of the cheapest stocks on the whole of the markets. Whats to say this time next year some management won't have changed? And what's the say this time next year that they do deliver new contracts and add revenue stream? Just on the speculation of potential opportunities we should see the share price 10 times higher than the current valuation

[eezymunny] 08/2/2021 10:37

EBITDA 12m in H1 and 3m in H2.

The trend is, apparently, very much not your friend. Ten weeks into the new year, and no update for this period, suggests to me that the trend may not have changed and things continue to plunge. Why on earth don't they tell us? Pathetic IMVHO...

[redwing1] 08/2/2021 09:56

The term 'gross cash' takes no account of any corporate bonds, convertibles or bank borrowings that the company might owe. In the pandemic many companies have talked about gross cash and overdraft facilities to show what access they had to instant cash, if required. Important in a crisis but in normal times, as an investor, you should simply focus on changes in net debt/cash.

The debt position has improved by just under £11m over the year, which is still pretty good and includes a further improvement of £4.6m in the 2nd half.

[dgarvey] 08/2/2021 09:40

The Group ended the year with gross cash of GBP12.1 million (FY2019: GBP3.0 million) and net debt of GBP0.7 million (FY2019: GBP11.5 million).

[redwing1] 08/2/2021 09:07

You are double counting dgarvey. Net debt has improved by £10.8m to £0.7m. A good first half year 2020 and a cheap valuation, but the market is focusing on the weaker 2nd half and the poor outlook for 2021 that was flagged in November.

[dgarvey] 08/2/2021 08:49

Cash up 9m debt down 11m - net gain of 20m?

[bad gateway] 08/2/2021 08:07

Seem a bit cheap on those no's so have joined the throng for a few today. looking forward to the full report.

[eye2] 08/2/2021 08:02

yep on 07 debt that will be gone full report in 6 weeks

[kirk 6] 08/2/2021 07:47

Hardly any debt aswell- don't think there is going to be a massive placing!!!!

[robertpeacock] 08/2/2021 07:41

No outlook for 2021....

[kirk 6] 08/2/2021 07:41

Incredible and baked at 40m

[hydrus] 08/2/2021 07:33

Revenue in the second half decreased from prior year by around 10% - it was a tad over £20m last year and just over £18m this year I believe.

[oakville] 08/2/2021 07:23

LoopUp Group plc (AIM: LOOP), the cloud platform for premium external communications, is pleased to provide the following trading update.

In line with the trading statement of 27 November 2020, the Group can now confirm that it expects revenue for year ended 31 December 2020 to be approximately GBP50.2 million (FY2019: GBP42.5 million) and EBITDA to be approximately GBP15.3 million (FY2019: GBP6.4 million).