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Jtd - you ask "so why not dig into research on the others and simply ignore this?"
Because I was a holder for short of a year despite intending to hold long-term. I believed that they couldn't fail, due to the increased WFH, despite thier considerable previous history of value destruction. I got out with a very small profit at 78p and have continued to pay close attention since, and will continue to so. Hoping this fares better than I fear for holders. GL
"I decided to post before one of the trolls came out with a gem"
Jtd
don't worry..they don't get out of bed until at least mid-day
..and I am sure it will take Monica69 at least a couple of days before she can even put together a legible sentence :-)
Ocelot77 - We can all take from it what we wish but IMO it was an improved message from the last presentation - with new information and explanation, not merely a more polished performance.
If you were expecting more or a different message, that's OK, I agree they made significant mistakes, especially WRT Meetingzone but I think the current strategy is very good.
Loopup still have Cisco sales, but surely he was talking about Loopup cloud comms not just selling Cisco products via MeetingZone.
Pokerchips - I agree it will take months - I was merely pointing out that the day to day stuff is often contrived and should be ignored - I many investor do worry and I decided to post before one of the trolls came out with a gem like " the market didn't like the presentation" or similar.
JTD, you're easily pleased! I watched a presentation with the same messaging we heard before, improved only through the experience of presenting the message. Loop have had a Cisco relationship from the first acquisition, then they wanted to turn those webex and video customers into Loop product customers (with comparably better audio control but a not-so-great video and web share). Now Loops latest acquisition returns to the hardware play they previously dismissed, with hybrid onsite and offsite, this needs people on the ground, vans and maintenance of hardware.
"It will be in the coming weeks that the reaction will become clear - not today" I do wish I could share JTD's eternal optimism.
I have invested in telco for 15 years, and worked in CPaaS and it's emergence for 20. Loop have a good engine, but the strategy since the first acquisition has persistently been off. JTD reading your posts it feels you believe positive or negative talk in these forums will influence investment, it won't, that's entirely down to Loop's ability to pull new revenue.
jointhedots
you are going to have to give things another 3 months ......I wouldn't take any notice of any particular day´s buys or sells...
with all the COVID and travel restrictions back on the table ....the Remote Meetings business may well get more short term winter revenue which is quite profitable and helps cover the running costs of the main business...
With all the vacancies for jobs I hope they are able to find them ...one wonders what kind of salaries they need to offer to attract the right people
The presentation laid out what distinguishes the company and signals the direction of travel for the company, so achieved all we could expect - like all the other presenters he demonstrated a belief that Loopup are special and explained why.
Potential investors can take it or leave it, but at least we now know the CEO's views (I don't feel we did before).
The early sales this morning are IMO most likely from the same entity(ies) that are trying to paint a negative picture and slap down enthusiasm - they know how to do battle and when to cool things down.
Any potential investors from the meeting will do research and decide action - so discouraging them is a logical goal. It will be in the coming weeks that the reaction will become clear - not today.
IMO there is a game going on (battle) and so far we have been losing, lets hope that marks a turnaround, IMO we should make no mistake there are enemies at work here, not just trolls on the BB.
Another takeaway from the presentation - no hint of or reason for a capital raise, all is going according to plan - scaremongering about this was used to beat us with a few session ago.
Wow roll out of Cisco solutions next year sounds good
Haha same it is a positive should of used loop instead of zoom! Love it Jtd. Jammy raises a good point zoom need to team up with loop
JammmyC - so you are not going to buy shares, so why not dig into research on the others and simply ignore this?
The audio was not terrific when Steve was adjusting his headset but every word was clear - how does it reflect on Loopup products - it was Via Zoom.
WRT what really matters "what he said" it was very positive.
i.e.
Still time for more 2021 contracts
2022 to be materially better.
Existing business still generating cash.
Clearer/new market opportunities for the recent company acquired. Looks very promising.
Partnerships seen as a major revenue opportunity
Rolling out Cisco solution next year (that's new). New revenue stream
Steve see a new breed of Telecoms providers/consolidators developing with Lookup hoping to be part of it. That was a very bold statement at the end
etc
Very positive messaging with better body language from Steve and clearer sense of purpose than previous efforts.
I was pleased, but you give it the swerve by all means and best of luck with what you eventually buy.
Bizarre that of all the 6 companies presenting, Loopup had the worst audio of all. Not the best of adverts when you sell yourself upon providing the best telecommunications infrastructure! Interested in others thoughts but there was nothing there to make me want to risk my capital with them again.
Anyone listening to it?