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Started: learn19, 27 Mar 2024 09:00
Last post: MIKODX, 14 Apr 2024 09:17
Used to make some good returns from this stock in the Covid days. But the writing was on the wall and I got out before it started heading down. I've learnt from this stock, when investing in a company, make sure to go over their financials with a fine tooth comb, and keep an eye on it regularly. If their accounts doesn't look good or looks very shady, make as much profit as you can and get the hell out of the stock fast. Thats how you've got to treat AIM stocks, even if it means taking a loss, just take as small a loss as you can and get the hell out fast. AIM stocks is no joke especially the way the UK economy is at the moment.
Loopup is now listed on JPJenkins website. I had my doubts!
My shares are held by ii investments broker.
How exactly I go about selling - not sure but probably figure it out
Anybody withh ii who who has sold unlisted stock through JPJenkins?
No, they will be listing on JP Jenkins, which is now connected to Winterflood and in turn to something like 40 UK brokers. Trading is on a matched bargain basis so no market makers involved - you just need to be matched off against a willing buyer.
https://www.standard.co.uk/business/city-shake-up-jp-jenkins-square-mile-pension-funds-jeremy-hunt-ftse-100-b1103895.html
Sadly also down 95% ; but just sold to get a couple of grand back rather than nothing
Company currently worth £1m and RNS states they intend to raise £9m when private, so existing shareholders will only hold 10% of new company. This has proven yet another example of BoD and insiders being able to destroy genuine small shareholders when on the cusp of improved outlook. Valuable lessons learnt the hard way again about how corrupt the stock market is
Presumably if you take the share certificate and are unable to sell due to no buyers (no demand or worthless share price) you can record it as a loss.
Am I right in presuming that once loopup de-lists, selling (and probably buying) shares at a realistic price will be v. difficult/impossible. So those of us who opt for a share certificate are 'gambling' on a future re-list.
Suspect a 100-1 outside chance?
Click on the box titled RNS
click on the last RNS
and all info is there
Does anyone have the key dates for the vote meetings, going private- delistings etc?
Started: Laura2022, 19 Mar 2024 10:57
Last post: Laura2022, 19 Mar 2024 13:32
1 million buy
Buying now
You can sell at above 0.6p
Looks like moving
Last post: Laura2022, 18 Mar 2024 19:01
Only own about 5% between them ..maybe why one of them frantically purchased 4mln last week
The other holders are below, òn the circular it still doesn't say anyone is supporting this motion APART from the directors
ShareholderPercentage HeldAndrew Scott (and related parties)*25.2%Credit Suisse7.9%Hargreaves Lansdown Asset Management7.1%Canaccord Genuity Wealth Management6.9%Interactive Investor5.6%Schroder Investment Management4.1%Jarvis Investment Management3.9%Adara Ventures SICAR3.4%Herald Investment Management
Started: Laura2022, 15 Mar 2024 16:09
Last post: Laura2022, 18 Mar 2024 16:17
Can sell 800,000 at 0.59p but can buy 100,000 at 0.6p
Opposite for me
Can't buy £1k
Just tried to sell my entire holding on iWeb and got: "Unfortunately, the dealing charges for this transaction exceed the funds raised."
I certainly cannot be bothered to do the matched bargaining marlakey, especially as iWeb say I probably need to transfer to a broker that supports it, and that would cost more again no doubt.
So I am stuck with these forever! LOL! Time to re-read The Rime Of The Ancient Mariner.
Pumpers really trying harder now. lol bless them
The Group intends to liaise about this proposed fundraising with certain interested parties following this announcement. Those Shareholders who are interested to receive further information about the proposed fundraising should contact ir@loopup.com.
The Group intends, irrespective of any share price movement in the interim, to raise the funds at 1.75 pence per share
Surely they woukd have to offer that to all holders before ethe Gm ?
Started: petroinvestor, 15 Mar 2024 15:55
Last post: Laura2022, 15 Mar 2024 16:02
Think you're you're the wrong thread
Rsi needs to come to under 40,
hence The clever ones banked their profits leaving newbies or inexperienced ones holding,
Started: FlyingHigher, 12 Mar 2024 11:21
Last post: Laura2022, 15 Mar 2024 15:51
He wants to get the 75% vote passed and larger slice of pie
Exactly as I see it.
Hopefully they have learnt some lessons??? and do a better job second time round.
I hope so, as I am sticking with them for now as I still have significant number of shares that are worth about 5% of what I paid.
So effectively we're initial investors before it goes public in 5 years time again :) god what a disaster of a company
If a company delists, your shares are still shares in the company, you dont lose that percentage owned, its just harder to trade them
This is spooky! Perhaps he can trade his shares for an equity stake in the company after it goes private?
This doesn't make sense to me!
Started: Nasarh, 14 Mar 2024 13:11
Last post: Nasarh, 14 Mar 2024 13:11
Directory buying shares at 0.6?
Started: shenners, 12 Mar 2024 08:28
Last post: shenners, 12 Mar 2024 08:28
At 1.75p looks like good value to me at this point
One II and the directors own near 40% of the company, its passing.
In situations like they usually say "we have unconditional acceptances of X % to bcl the proposal "
But yesterday's RNS says nothing....unless that comes with the forthcoming circular?
Yeah I am down massively... but have averaged down recently. If shareholders vote agaisnt the proposal, what would happen next? They have a massive debt. Sorry guys I a newbie with all this.
My luck at aim shares has been a total disaster.
I'm stuck at 99.71% defecit and it would cost me more to trade out the shares than they are now worth.
At least DDDD had the decency to go bust on me.
After fleecing shareholders they decide to go private.
AIM rules should stop this as it stops investors taking risks in AIM shares.
So they delist and when they are ready in years to come list again with silly valuations.
Surely this is criminal for shareholders.
Just glad I took the hit years ago
Started: Nasarh, 11 Mar 2024 21:06
Last post: Nasarh, 11 Mar 2024 21:06
So what happens next... Do our shares become worthless and we have to sell now! Trying to workout what are the options for Shareholders.
Started: lowerrisk, 11 Mar 2024 20:03
Last post: unhooked, 11 Mar 2024 20:39
Let them take it private. It's a crap company. At least there won't be any more fleecing of PI's in share placings, which is a very good thing. Let the management face the heat of investors in the private markets. I suspect they'll be out on their ears if they don't perform. And if the company does turn around, well, we still have our shares - they didn't put the company into administration, in fairness. Don't get me wrong, I'm not predicting for a moment any future value, especially traded OTC, but they don't have any value now and - who knows - maybe one day those clever PE guys will dress it up and bring it back to market and we can all cash out! Lol. We have nothing to lose.
Board is greedy, vote to sack them.
Started: lemonade311, 11 Mar 2024 10:05
Last post: yrabsmurruc, 11 Mar 2024 14:55
Remember buying these late 2020 when they dropped from £2 to 90p….i was told it was the bargain of the century 🙈😭. B
This company just went the same way as many other UC companies in the transition to cloud.
There was no great scandal or failure, the profit margin fell from 30%+ to 10% at a push with cloud technology because it's very easy to do, relative to on-premise. I'm sorry to hear people have lost money.
they state that they want to go private to raise £9m, the first thing vc's will look at is their history as a public company lol.
they will see this rns and understand the dog **** that this company is.
directors are delusional if they think they can raise any money. they should have fired themselves years ago.
Started: Sidney41, 11 Mar 2024 08:02
Last post: davey50, 11 Mar 2024 10:00
Very true, that must be the biggest mistake we make not taking a loss at times which then becomes a even bigger loss.
Yes davey, same here. The lesson is if you don't cull your bad investments the market eventually catches up and culls them for you!
Wrong market now to have loads of debt, they say they will raise at 1.75p regardless but then cancel the shares. My monitor is going to have a lot less stocks than a year ago at this rate, so many stocks going under or getting cancelled
I took a speculative punt on these years ago. The great thing about holding an investment that's already a disaster, is that when the end finally comes, it hardly registers. My LOOP shares worth £250 quid last week, are now worth £50. Who cares?
What a S**t show this company has been......
Started: NOMOL, 19 Nov 2023 13:00
Last post: davey50, 12 Dec 2023 10:55
Seems to be a bit of a squeeze atm in Loop which does happen.
4 buys today the 2.075p were buys too, about to move ?
Online is tight 2.2-2.32p
Up 17%😳. 17% spread😤…….. smoke and mirrors. As is everything to do with Loop. B
Agree and it's starting to turn on L2 there was a 500k buy yesterday at mid price but slowly but surely overhang is clearing and you watch people pile back in when it's up a good % like normal in this stock
Started: invalidasset, 28 Nov 2023 15:23
Last post: invalidasset, 28 Nov 2023 15:23
I just heard today that they have undertaken their 3rd round of mass redundancies in 2 years, this time entire teams were culled. The FCA should really be investigating the behaviour of the "co" CEO's here as you surely cant be allowed to entirely drive a company into the ground this hard while making out like bandits yourself ?
Started: FlyingHigher, 22 Sep 2023 10:50
Last post: Iconiccars, 22 Nov 2023 13:40
I don't understand the Loop Up strategy ? They are selling Operator Connect which is the "lowest of the low" value proposition in the MS Teams communication stack. Sell cheap, stack it high, Its simple to deliver and relatively low barrier to entry. The whole one supplier internationally is not difficult to do (either directly or through a partner) No money in it really and lots of competition. Where the money is in in the added value services. Contact Centre, Advanced integration, Compliance etc - all added value services (and SaaS software) that you need when migrating over to Operator Connect from something else. If you look at competition like 8x8, Conversant Technology etc they are growing but make no reference to Global PSTN calling for Teams, that's because its pretty much a given and not something I would look to grow a business on. (and before you ask, Yes I have shares and have done for a while - wish I didn't but hey ho !)
Only recently joining these sites for live pricing etc I find it very interesting the type of character that post on here. This is a prime example of someone who I can only assume has no shares in this company given the way they talk, yet they still feel compelled to come and post information that serves no use to anyone who is a share holder.
£5M+ Net debt
£8m operating loss
Really squeezed margins.
The prospects are that this company will continue to make loss after loss because there isn't the scope in the market to do much on pricing.
This was a lucrative market from 2010 - 2020, but that era is over with centralized cloud tech and limited appetite for buying PSTN telephony. You can sell it, but it has to be cheap and then you end up where Loop and most companies in the market are with really squeezed margins.
The answer is a low margin high volume business with tight cost control.
You can squeeze a 10-15% margin if you're really careful.
There are some commercial contracts that can be realised through cloud add-on development, but that market is getting increasingly saturated.
Game over for loop at this point.
!!
Started: jointhedots, 6 Nov 2023 10:12
Last post: jointhedots, 6 Nov 2023 10:12
Not a lot to be said here - hence my silence over the results which were OK but just left us waiting for more confirmation of growth.
Though on balance I think the decision to abandon hybridium is the correct decision- how incompetent to have bought the business in the first p[ace, waste money and management time a developing and rebranding the business.
It's like MeetingZone MK2 - a complete waste of shareholder money in order to disguise the poor progress in other areas. They have surely wasted well over £50m in total and got personally wealthier whilst doing it - it's a disgrace IMO. If they had not bought Hybridium to hide the failings with MeetingZone then we might have cleared all the bank debt by now.
So now we are laser focused on the Cloud offering - but they have failed to gain traction fast enough (root cause of problems) in that area as well - if we are laser focused than that surely means the development of a Cisco version is dead as are all the other opportunities areas which the company said were growing even faster than the Cloud services.
Like everyone else, I'm not going to comment regularly on this when the management gives no real insight on how the company is doing or it's real plans - we must just wait to see how the cloud offering grows.
I've no intention of selling my shares, have essentially discounted them to zero value as they are worth a fraction of what I paid for them - the main regret I have is that the CEO's are still IMO bleeding the company.
For those in at these low prices there is the potential to easily double your money or lose the lot IMO, it's a one trick pony now.
Started: McInvestor, 23 Sep 2023 17:52
Last post: davey50, 6 Nov 2023 09:59
Another good RNS the market is asleep to this company. I added size this morning at almost all time low, when everybody wants this again at 50-100% mark up I'll offload
The company still has lots of value. Remember they don't put out any news apart from results. This stock will jump again I'm certain.
This is being pumped by the usual pump-and-dump crews. Stay away, or you will be left holding the bag!
1.89p offer atm fair price tbh but awful market, normally I'd be buying size at this level but everybody else seems to be selling, wonder if somebody will buy these out on the cheap
?
I think you must have been burned in the past. Triple digit growth in their cloud business, cash up, debt down a lot. Yes they state their events is in decline but it does not look too bad to me, it jumped from last year so they will still be making good money from it. Go and look at RCGH at 5-6 times the value of this stock and see what you get for that. This is good value
Started: davey50, 14 Sep 2023 07:43
Last post: hernandezdyjerim, 22 Sep 2023 12:15
The ARR growth looks strong. However my worry is whether it grows fast enough to replace the large decline in Meetings & Events revenue. This declines from 5.3m to 4m over the last quarter - so if it continues to drop by say 1m a quarter over the next year that's a hell of a lot of revenue disappearing.
In contrast the ARR from Cloud Telephony has grown from 1m to 2.5m m over the last twelve months. (so adding .375m per quarter). Assuming a constant £ growth rate (rather than a %), its going to take years before this revenue replaces the M&E revenue.
The value of this business comes down to how you model the drop off in M&E revenue vs growth of Cloud Telephony. At the moment- there's too much downside here for me
True but I trade different from the herd. I buy when unloved and slice small amounts out all the way up, sometimes they push on sometimes they fizzle out when the traders all leave.
Still looks strong atm
The common mistake many investors do they sell once the sp rises without benefitting of the full rise to follow the initial one..
Just be patient guys…the sp on trajectory move of recovery..
This is only the first leg of aggressive sp spikes
GL
Took a few small slices out there 3.23p, considering I paid sub 1.9p for all my stock I'm happy to get some profit banked as a base level.
PE should be 5-8 so 12.5m-20m mcap. Currently 6m GBP.
All those 5k share sells. Incentive scheme to take the sp from £4 to 2p joke ceos. Whats happened to join the dots. Maybe thrown the towel in .
I guess they cant afford their salaries..so getting part of it in shares is pretty much the best motivational option
So..once again...news shares were created by the company but a load of them were sold into the market to cover tax expenses .... so did they use the results rise to sell their own shares into that rise ...result in having to sell fewer shares??
I take it back, that large trade was not a sale but share purchase for staff and management.
There's some crazy traders in this game atm, it goes to 3.23p bid last week, very strong you could sell size all day above 3p and today at 2.2p bid somebody sells over 2 mil at 2.1p, perhaps this person was buying up the stock last week and got flushed out, certainly thanking them for being able to get size below 2.3p today.
Started: bobbust, 19 Sep 2023 12:24
Last post: bobbust, 19 Sep 2023 12:24
1.5 m today seams the wrong way round for a pump and dump
Started: hasiba, 14 Sep 2023 09:11
Last post: hasiba, 14 Sep 2023 09:11
..and share price rocketing!
What else does anyone want more?!
Started: JAdams5000, 14 Sep 2023 08:50
Last post: JAdams5000, 14 Sep 2023 08:50
They have shown us net debt movements over one year. If you compare to six months ago though it’s barely down.
Minimal progress I’m afraid.