Toople Share Discussion Threads

[queenwood] 15/5/2019 15:52

No need enough cash just read the updates instead of trying to be clever

[hamidahamida] 15/5/2019 15:38

Placing written all over it

[tewkesbury] 15/5/2019 15:33

Thanks hottingup.

So if they get half a percent, i.e. 0.5% or 25,000 SME's, that's worth a share price of 6.42p to 7.5p.

Maybe around end of this year.

Whats not to like really.

[hottingup] 15/5/2019 15:03

Recalculation of TOOP's valuation using KCOM (and Daisy) as the comparitors but taking into account KCOM had £108m net debt when taken over for £504m, effectively meaning the company was valued at £504m + £108m = £612m, i.e. approx 20% more. If TOOP get 1%, the share price comparitor with KCOM thus rises from 10.77p to 12.92p:


TOOP’s projected growth in market share (% or No of SME’s) with corresponding market capitalisation & share price, based on comparisons with recent takeover prices for KCOM (5% at £504m) and Daisy (7% at £1 billion [= 5% at £714m]):

Market Share............Market Cap...............Share Price*

0.1% or 5,000 SME's = £10m to £14.2m = 1.077p to 1.5p or *1.29p to 1.5p
0.2% or 10,000 SME’s = £20m to £28.4m = 2.154p to 3p or *2.58p to 3p
0.3% or 15,000 SME’s = £30m to £42.6m = 3.231p to 4.5p or *3.87p to 4.5p
0.4% or 20,000 SME’s = £40m to £56.8m = 4.308p to 6.0p or *5.17p to 6.0p

0.5% or 25,000 SME's = £50m to £71 = 5.35p to 7.5p or *6.42p to 7.5p

0.75% or 37,500 SME’s = £75m to £106m = 8.077p to 10.5p or *9.69p to 10.5p

1% or 50,000 SME's = £100m to £142m = 10.77p to 15p or *12.92p to 15p
2% or 100,000 SME's = £201m to £284m = 21.54p to 30p or *25.85p to 30p
3% or 150,000 SME’s = £302m to £426m = 32.31p to 45p or *38.77p to 45p
4% or 200,000 SME’s = £403m to £568m = 43.08p to 60p or *51.69p to 60p
5% or 250,000 SME’s = £504m to £710m = 53.85p to 75p or *64.62p to 75p

7% or 350,000 SME's = £705m to £1000m = 75.39p to 107p or *90.46p to 107p

*KCom also had £108m net debt, so if you add that to the takeover figure of £504m, KCOM's true takeover valuation was £612m , i.e. the buyer would have paid an extra £108m if there had been zero debt; thus we could increase the valuations for Toop based on KCom as the comparitor (above) by another 20%.

[queenwood] 15/5/2019 14:40

Great posts guys n gals this is going to make loads of money

[jungmana] 15/5/2019 14:33

Am keeping some powder dry just in case the market takes us down to 0.4p in coming days.The results was good but not spectacular

[78steve] 15/5/2019 14:18

As long as they can continue to demonstrate the orders are growing month on month then share price will follow suit. They should get back to monthly RNS's as they're a fast growing business then this would be more appropriate to keep the markets informed of developments.

[hottingup] 15/5/2019 14:13

"I would say we are probably the fastest growing B to B telecoms company in the UK. The future is bright...We can grow the business with no further increase in the cost of marketing." (TOOP, CEO, Vox Markets Interview, 15/5/2019)

[flashheart] 15/5/2019 14:07

Showing all the hallmarks of filling a very large buy order at these levels I would think.

[parob] 15/5/2019 14:05

Trying to buy a few more but it's impossible again like this morning!

[ff2345] 15/5/2019 14:04

Does anyone else find it a little annoying (to say the least) when the CEO is so pleased with the results yet the share price is TOP of the losers board!!!!!

[city chappy] 15/5/2019 14:01

Toop's CEO on Vox Markets today:

[city chappy] 15/5/2019 13:44

Expecting another positive Update next month.

[ff2345] 15/5/2019 13:27

Let's think of the positives and the negatives from today's Interims:

Positives:
- Large increase in the GP% to 19%
- Record orders in April
- Saying goodbye to low margin business

Negatives
- T/over not as high as predicted (due to the reduction in the low margin business, which I am OK with)
- Overheads up by nearly £300k (you need to sell an extra £1.5m of business at 20%GP to cover those increases, estimated at 100 customers per month. They seem to be doing this given record April sales)
- Cash position becoming vague (no longer stating that they have enough cash to get them to break even, although happy to state that they have enough to follow through on their marketing strategy)

So, for me, as I think things through, a bit of a downer. I am just wondering what we have on the horizon to give us a boost??

[smraynot] 15/5/2019 11:54

SRB😀

[2mex] 15/5/2019 11:50

Toople met or exceeded all of their Key Performance Indicators.

The overall gross margin of 19% is very impressive. Especially when you consider FY18 RETAIL was 21.7%.

FY18 overall margin was 13.5%. We were hoping for 15% in 19H1. So 19% is awesome, moving strongly upwards as the board intended.

[azuli] 15/5/2019 11:46

Lol DL, it's Orwell's 1984: "War is Peace; freedom is slavery; ignorance is strength". Basically our world today ;-)

[davidlloyd] 15/5/2019 11:43

Azuli - agree, am beginning to wonder if there is anything out there these days that is not 'fake news'...… :-/

DL

[azuli] 15/5/2019 11:26

"Toople shares fall on revenue warning despite excellent first half" - Those Alliance News headlines are somewhat misleading, given the "revenue warning" was an expected result of the strategic decision to move away from legacy wholesale revenue contracts with high debtor risk and low margin. All good in the bigger picture.

[bibs] 15/5/2019 10:38

Great solid progress, looking positive.

[jungmana] 15/5/2019 10:16

I could not get a quote too on the drop . Tried many times to buy at 0.45p but np quote and ended pay 0.49p for my small top up.Am pleased with this results and look forward to the future here .

[azuli] 15/5/2019 10:16

Cheers Parob, good interview that. Try reposting a live link here:

[jungmana] 15/5/2019 10:13

I could get a quote too on the drop . Tried many times to buy at 0.45p but np quote and ended pay 0.49p for my small top up.Am pleased with this results and look forward to the future here .

[azuli] 15/5/2019 10:03

Once the dust settles and the short-term hot money has moved on and the wider market has taken time to digest today's results, lets see where that in conjunction with the recent golden cross in the charts takes us.

After watching the drop from a high of 0.4p last month and the recent drop from a high of 0.59p last week, i thought i'd try my hand at a cheeky trade at the open this morning by selling a small chunk of my holding on the assumption there would be an initial sell off enabling me to buy it back cheaper. Sure enough the initial drop appeared, but i couldn't get an online quote for a sell at the open, and by the time it was down in the low 0.4s i wouldn't have sold anyway. Glad i didn't get a quote in hindsight, buying back any cheaper would have proved nigh on impossible given earlier comments on here. Good recovery and buying since.

Happy with today's results, progress continuing in the right direction. Plenty of inevitable noise from the usual suspects and some new ones spinning perceived negatives and projecting doom and gloom, but that's just par for the course. Onwards and upwards.