Member Info for 13martyn13

Good RNS this morning, not blow the doors off start but buying ticking along.

Three small sell trades and two market makers mark their prices down.
77p - 81p. Must square itself up soon

Agreed that news soon should help out our share price.
Just picked up an extra 40,000 @ 13p

It’ll happen.
First bought @ 63.45p on 6th April 2020.
Loop were in the doldrums before COVID, but Covid gave them a wider market with the increase of WFH.
In the 6/5/20 RNS Steve Flavell commented that ‘ On one day our business volumes increased more in that single day than in the first 10 years of the company’s life’.
The share price went up, Simon Thompson of the investors Chronicle tipped them around 130p ish and then on and off, carried rising to 248p in the August.
Think the growth was expected to continue at that rate but when the trading update was more normal, the price started to slip.
Having over promised and underdelivered in the past, when the share was up to £5, LOOP didn’t want a repeat so where whiter than white in the November update.
We have continued to trade robustly ....
We have also continued to see strong momentum in our Cloud Telephony business ...
We remain confident in our ability to drive attractive , sustainable and profitable growth.
£11.6m in cash
BUT the market focuses on the 14% of the company where there is higher churn and to remain challenging.
They don’t say that 14% of the company business has been lost, just higher churn.
New private banking group 3 month trial more than halfway through, all adds up to an optimistic outlook.
I know I’m preaching to the converted, but it helps to write it down occasionally, gla

Yep four sells, obviously why all Friday’s buying didn’t keep the price up.
But out the way now, onwards and upwards

Some nice chunky buys today, and a rise into the close.
Agree on not expecting a rocket rise, but as long as we get there we’ll be happy.
Results early March, so not too long to wait until the next update on trading.

Thanks both.
Your notes tipped the balance for me riddler thank you.

Hi baserite, just so you’re not talking to yourself, I jumped on board today with 80,000 in two trades.
Hopefully I’m not too late.

Morning yrabs, hope you enjoyed the boom as much as I did yesterday.
Normal service resumed now, back to my cuppa.

Yes reads well.
Average profit before tax being £13.3m.
Not bad considering the year we’ve all had.

Woolgie.
Just a thought, transfer your holding into a regular trading account with ii, then take up your entitlement.
Won’t cost you anymore money to have a trading account as well as an ISA, the monthly £10 charge will cover the two accounts.
Login to your ISA, add the trading account, then call up and transfer your holding into it.
Hope this helps

This Wednesday 20th.
Price isn’t too far off recent highs, touching 84p on the bid.
If 4th quarter fee income matched or better still improved on 3rd quarter of £109m, then the share price should pass the recent highs.
A big ask with the extra lockdown restrictions but price strength makes me feel optimistic they have, not long to wait now.

No problem personally with ii, if the online trading at £3.99 isn’t giving me a deal price due to my holding size or buy quantity, I just call up and pay the £49 deal charge.
Which I’ve just done. The broker improved my order by 0.002p large in % terms, an extra £100, paid for the extra deal charge, no complaints.

Not showing on this site today.

Today’s RNS still not showing on this site.

Showing now 80,000 @ 12.8p, time 9:14:24.
Nice movement today.
Thanks for all the in-depth research over the last month and half.

Well the first 15 minutes aren’t going as I expected, five sells no buys

Nice update this morning, OSI should have a nice rise today.
Cash balance £1.4m, market cap £4.3m, no fund raise on the horizon

Divided will be paid into our accounts on 12th February.

The next dividend that goes XD 13th March goes into our accounts on 9thApril.

FallingKnife1, is that pub getting busy today, haven’t read everything posted