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Fully integrated 67 countries in fact have over 80 countries if you include the Cable & Wireless share deal.
Anyway we can only wait till the next update ; clues are employment for jobs advertise on Loopup website.
I was very frustrated last year now have increased by holding by 3 times of original shares and still underwater by 31p needed.
Now can see the direction and see the logic to cloud base and the reduced companies in this field.
Yes I agree Ian ! However loop have done a big transition to the telephony market and having worked for a few big clients in the past they are always looking for change. If loop had done that well I Wouldn’t even be invested probably haha. Just hoping this can turnaround given the long term working remotely and less global travel and the fact loop have expanded to cover 67 countries world wide this is a good bet in my opinion now . Would like to see organic growth and a share price over £1 in 2022
Stew any layman would agree with your mates logic - however since 2020 and with ongoing working from home for almost 2 years the sp has tanked from £2.50 to 18p when in fact it should have been flying.
Most companies have now fully integrated working from home with there selected supplier of choice and are unlikely to change now. The facts and Figures suggest Loopup has been largely over looked. No idea why but it’s clear to see the uptake has been too slow.
Tesla are indeed in the right space for huge EV growth. I found a company with good exposure to that late last week who supply Tesla and other EV manufacturers, . Revs up 44% in HY results and Profits up 34% - I wont ramp them by naming. But that’s the type of growth Loop should have had if in the right space at the right time.
Just been having a chat with a mate about loop up. He said he has heard of them and he said they are in exactly the right market as people and businesses will not go back to normal post pandemic and the likelihood is we will have a global warming scare where businesses will have to use remote communication systems. Loop up is in exactly the right market even like Tesla is in a good market for electric vehicles and innovative battery technologies.. There is no reason why Lil Pump cannot do extremely well as the market is so huge