Member Info for BigBoo2

Love what they have done with the website re-jig - they are pulling the messaging together and that's part of what's needed for this "transitional year."

"Powering the global journey to cloud telephony with Microsoft Teams... With fully compliant cloud PSTN replacement in 67 countries and flexible solutions elsewhere, LoopUp has the reach to provide even the largest multinationals with a single global solution for telephony. All your users on Microsoft Teams Calling from one service provider, on one global network, administered on one management system – wherever in the world they may be."

A clear and impressive pitch.

Please could everyone not use the words "market manipulation" on the basis that Richard Beach1 doesn't "want to hear about [it] if [he] is being honest." Thanks.

Richard, take a chill pill and re-read what Stew is saying.

COME ON MIKE AND STEVE, rally that team and get that pipeline converted

There's the most amusingly shambolic de-ramper on advfn - "the monkster." So dreadfully blatant that it mildly amuses me. Might be related to our Monika here at LSE. Or is it Monica with a C? Who cares. Can never work out whether it's people that have been badly burnt, are seemingly unsuccessfully medicated by their GP, or just entirely hopeless as an individual. Alas, so much to play for here

Bigsmoke made a very important point recently: it's time for LoopUp to convert those into paid contracts, it's what Captain Tom would have wanted....

Why didn't we get slapped down? I'm very glad we didn't, it just breaks the pattern of what I've come to expect! Perhaps I am in shock. Time for whisky.

3 shares sold at 17:09 after hours, just to especially smack us down

The game being played here is spectacularly bad cricket

FireAnt, good spot - missed that, unusually sloppy of Manolete to put that in a presentation, slightly disjointed with Steve Cooklin's messaging to the market

Agree with what you're saying re dry spell, bit of cautious wait and see won't hurt here

R3 presentation - "Manolete Partners Plc - Post Covid - 19 Maximising Realisations from Claims in Insolvent Estates"
https://www.youtube.com/watch?v=SSFt1SqMhYk

Fresh off the press if you're interested

I am a little concerned about the "lead" time on referrals - e.g. say measures end in June, how long will it take to feed through into claim buys for MANO. Usually it is a good few months minimum from administrator instruction, correspondence with directors and then the purchase of the claim. This is in no way a concern about the liquidity of MANO which Steve Cooklin has gone to lengths to explain is strong. He has explained in presentations exactly how they can sit this out without concern. Instead it is just one of the short term factors that impinge on results and weigh on SP. Long term though looks very very bright

I could have been overly greedy here and got it wrong, time will tell, but I have new mercedes levels invested here and it will be easier to average down with some free cash flow if it came to it. I'm not sure if it will drop sub-200 either but I would be very, very happy to average down at those levels - I agree that it's a "when" rather than "if" re the 300s, 400s and 500s plus

Sensible plan, it would be nice to see some resilience in the June numbers despite covid, but I'm not hung up on those - this is a very different business to Burford and LCM but the one comparison is that the sector is a long term bet. I slept on MANO and have averaged down 25% just in case. Felt more prudent and less like gambling with the majority of the holding. If it drops slightly I will average down, but not expecting wild drops as March was a large one off ii sell down and we are very close to IPO price on a company that is 3 x the size of it was at listing

Anyone else wondering why "NEW BUSINESS ACQUISITION" appears to be randomly listed as the top strategic priority on page 12, without explanation? Shame staff numbers have actually shrunk - starting to operate a leaner model? Doesn't say. The most unforgiveable part for me is the Chairman's statement: "However, we have a strong balance sheet, and I am very confident in our ability to manage the transition and to continue delivering significant value for our customers through our premium and differentiated, communications capabilities." No mention of creating shareholder value really. Same on page 31 re corporate governance: only references creating value for customers, no focus on shareholders. And look at the whopping bonuses Mike and Steve took home. They are treating this like an owner-managed business....

Excellent points Tommy, very balanced, and thanks FireAnt - will you be averaging those down or waiting/ staying put? I've averaged down a lot on this this Jan, initially from 270 with further purchases at 200 and 180. My current holding averages 219 which is basically IPO prices for a business 3x the size of it was. Some very noteworthy [big] buys going through the books the past few days - I suspect in a couple of years the returns here will be epic

It does look like we've attracted an institutional buyer

Boris gathers*** lol, he may well have fathered them too, we have no idea how many children he has

"Boris fathers Cabinet amid grim claims there is 'close to nil' chance of June 21 'freedom day' going ahead as hoped due to India variant alert - with ministers bracing to spend ever MORE taxpayer cash keeping stricken business afloat."

The gov simply can't afford to keep these companies afloat. But I don't know what to expect anymore. Feeling bearish

FireAnt, can I be cheeky and ask what your average is?

Decisions decisions, mulling a sell of half my holdings to return later and average down. It does look like we might descend a bit further given the news today

Forgive my cynicism, I could be very wrong, but the purchase amounts correspond with previous. Looks like our mystery de-ramper(s) (shorters?) topping up. We've seen these flurries over months. They need to keep a certain liquidity to edge it down.