Share Name Share Symbol Market Type Share ISIN Share Description
Toople Plc LSE:TOOP London Ordinary Share GB00BZ8TP087 ORD 0.0667P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.0025 -2.7% 0.09 87,815,093 15:48:23
Bid Price Offer Price High Price Low Price Open Price
0.085 0.095 0.0962 0.0875 0.0925
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Mobile Telecommunications 3.44 -2.47 -0.09 5
Last Trade Time Trade Type Trade Size Trade Price Currency
16:22:29 O 37,559 0.0888 GBX

Toople (TOOP) Latest News (2)

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Toople Investors    Toople Takeover Rumours

Toople (TOOP) Discussions and Chat

Toople (TOOP) Most Recent Trades

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Toople (TOOP) Top Chat Posts

Toople Daily Update: Toople Plc is listed in the Mobile Telecommunications sector of the London Stock Exchange with ticker TOOP. The last closing price for Toople was 0.09p.
Toople Plc has a 4 week average price of 0.08p and a 12 week average price of 0.08p.
The 1 year high share price is 0.20p while the 1 year low share price is currently 0.04p.
There are currently 5,853,409,266 shares in issue and the average daily traded volume is 444,571,007 shares. The market capitalisation of Toople Plc is £5,268,068.34.
investrip: Buried Deep in the deal.... They lost £2.4 Million, 33% of revenue was bad debt, up significantly (20%) from last years results The loss per share was 0.09p matching our half year results of 0.09 in 2020..... so DMSL had no positive effect on losses despite this magical £130k a month synergy saving.. If that saving equates to £1.6 Million... and they are STILL losing £1,3 million, then I cant see how this is a positive at all. Good dressing up, Good PR, Poor results, Not transformational. "Group revenue grew year on year by 40% to £3.4 million with a seven months' contribution from DMSL" Last year they did £2million This year they've had 7 months contribution from DMSL which was £3.1 Million TO on acquisition. So £1.8 Million. Combined. £3.8 Million vs £3.4 Million. So either DMSL has dropped, or Toople has dropped... Which one is it? "As a result, our operating loss was £2.4 million compared with a loss in FY2020 of £1.6 million, but this includes the bad debt costs of £1.1 million. Active cost controls led to a 23% reduction in marketing costs, reflecting our change in strategy, with more focus on DMSL business and recognising the COVID-19 impact, discussed above. Consequently, administrative expenses only increased by 8%, despite a 40% increase in revenues. Cash at bank was over £568,000 at period end and total assets increased substantially due to the DMSL acquisition, increasing to £2.8 million (FY2019: £1.3 million). Our balance sheet was further bolstered post the year end in October 2020, when we raised a further £774,000 (before expenses) via a Placing. This leaves the business with a healthy cash position and a substantially improved balance sheet to navigate any potential economic uncertainty in 2021. The loss per share was 0.09p matching our half year results of 0.09 in 2020. Having acquired DMSL in February 2020, we quickly integrated the business and identified substantial cost savings and synergies. We initially guided that we expected savings in the region of £50,000 per month, but I am delighted to report that these are now running in excess of £130,000 per month, saving the combined business £1,600,000 on an annualised basis. "
jambam: he'll be long gone when we are higher...more 10K buys today and can still sell 10mn in one go...share price will be 0.4+ post results. that should shut up the twerp
jambam: cheeky drop. not having any of mine until share price over 0.3
jambam: The 1.6mn savings and synergies from october onwards alone is a significant step up on the balance sheet. They won 5 contracts in the last quarter. Toople are a different beast these days. AH said a year ago or so he was targeting a MC of 100mn. Now, i suspect that will be higher. No debt and cashed up is a massive deal. Toople are also main market which many people forget. Personally, looking for 1p this year, maybe a bit more if they pull off some more deals. Who knows, someone could come in with an offer of 2p per share :)
jambam: we are all on the same page. I know there are some very fed up LTH's here and I get it. But Toople is now a very strong recovery stock. I really can't see any headwind to stop us heading towards 1p this year, perhaps sooner. Apart from of course trolls who hate it when a share does well. Everything is now aligned at the macro and company level to deliver substantial growth. I believe in the board to deliver and expect more M&A news in 2021. Some will always slate Toople's product but they are in the right space at the right time. The DMSL acquisition was extremely shrewd and because of lockdown happening so soon afterwards has not been factored into the share price. Share price 12 months ago was 0.19 I will argue that we should be double that right now and certainly over 0.50 once we get results. I doubt I will buy anymore unless the price dips again on opening but for all of us with probably large holdings, we should all do very well in 2021 and beyond.
jungmana: A potential 10 bagger (1p+ share price) in a years time imo.
dodge_city: They need to be cutting more deals, that's why the share price has dropped back. Let's see what they have to say.
sharetalk: TOOP's Annual Results to 30/9/2020 could be interesting, plus a possible Trading Update next month if they do the same as last year. Total synergistic savings from the Feb 2020 DMSL takeover are now expected to exceed £1m pa, putting TOOP, "in a much stronger position from a cash generation perspective". TOOP Interim Results for 6 Months Ended 31/3/2020 (Released 9/7/2020) hTTps:// "DMSL has a history of being cash generative, which should considerably accelerate our timeline to achieve profitability and positive cash generation. We communicated at the time of the acquisition that we were seeking to achieve cost savings of £50,000 per month equating to £600,000 per annum. To date we have already achieved over £40,000 per month (£480,000 on an annual basis) with the remaining £20,000 (£120,000 annualised) already in progress to be delivered. In addition to this we have now identified a further annualised total of £420,000 that can be realised, so we now expect to achieve over £1 million of synergies over the course of the next financial year, substantially more than originally identified. ...the Company expects to be in a much stronger position from a cash generation perspective as a result of the acquisition synergies that we have identified and realised."
sharetalk: I have amended the heading to include links and basic info about the newly expanded group: WEBSITES Toople DMSL BroadbandandPhones CheckthatCompany TOOPLE Fast-growing UK company, providing cheaper broadband & telecoms to UK small & medium sized enterprises (SME's) and households. Services include broadband, fibre, EFM & Ethernet data, mobile SIMM's, cloud PBX, SIP Trunking, & Traditional Services (calls & lines). IP protected 'Merlin' system allocates users to the optimal providers. Price competitive, with assured speed & reliability. Acquired DMSL in Q1 2020 and from mid 2020, launched web-based BroadbandandPhones and CheckthatCompany: - Better business connections - The business (and home) telecoms experts - The best deals for home and business - The UK's best value business credit reports Debt free (as of 28/5/2019) & quoted on the main list of the UK Stock Exchange. CEO Andy Hollingworth has 25+ years UK telecoms experience. As Head of Dealers & Distributers at Orange, he helped grow customer numbers from 3.5 million to 10.5 million. Subsequently, as Director of Wholesale at TalkTalk, he led growth in the UK reseller market, from sub £50m to £250m turnover (£150m net profit, with approx 30 staff). He then transformed TalkTalk's small business & corporate segment, from 18% customer loss, to growth of 3000+ customers per month, within 3 years. Strategic ambition for TOOP to become the UK's leading provider of bespoke telecom services to UK SMEs (Annual Results, 17/1/2018) and take 5% of the UK SME market by 2023.
deccer1: They are struggling by the look of it. If Toop group revenue for the 6 months to 31/3/2020 was £1.5m and we assume approximately £0.362m was attributable to 6 weeks revenue from DMSL (6/52 x £3.14m) that means the underlying Toop revenue for the 6 months to 31/3/2020 was only £1.138m. That is only £0.058m (£58k) up on Toop's same period last year, i.e. the 6 months to 31/3/2019, which stood at £1.08m. So a mere 5.3% rise over 12 months, not a 39% rise, once you look at the Toop only figures. Subsequently, its likely that new customer sign-ups for the entire Group either flat-lined or decreased during the period April - June 2020 and bad debt increased, due to Covid-19, making improvement unlikely. As for the cash position, they had an Operating Loss of £1.06m for the 6 months to 31/3/2020 (an increase of £216k on the same period last year) and only had £1m cash left at 31/3/2020, so will have even less cash now and possibly nothing by September/October. So expect a highly discounted dilutive fundraising in the Autumn to raise £1m to £2m, and in relation to which see Toop AGM Resolution 6 (31/3/2020): "the Directors be generally and unconditionally authorised pursuant to Section 551 of the Companies Act 2006 (the Act) to allot shares in the Company or grant rights to subscribe for or to convert any security into shares in the Company (Rights) up to an aggregate nominal amount of £1,791,137 (being the balance of the authority that was granted at the Company’s General Meeting on 17th February 2020) provided that this authority shall, unless previously revoked or varied by the Company in general meeting, expire at the conclusion of the next annual general meeting of the Company following the date of the passing of this resolution or (if earlier) 15 months from the date of passing this resolution" So expect another £1,791,137 of 0.0667p Ord Shares to be issued by the next AGM in March 2021, meaning another 2.685 billion shares, if I have placed the decimal point in the right place. Don't feed the bubble. P.S. 1. DMSL's revenues fell each year for the last three years. 2. Toop retained DMSL's John Carter on £100,000 pa, so wiping out synergy savings. 3. Toop's AH received a £50k bonus + £18k other benefits (inspite of collapsing share price and continued dilution) raising his total remuneration for 2019 by £68k to £128k, so also wiping out synergy savings.
Toople share price data is direct from the London Stock Exchange
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