Member Info for D14M0ND

Hit the 50% Fib at $59.43 - needs to bounce off this level or will continue to drop to the 61.8% Fib @ $55.34

If it hits that and stays there, $135k revenue will be lost from the $600k first month expected from the next 6 wells at ED and then losing every month thereafter. This really has to bounce otherwise the potential pressure on the cash balance next year will be more under pressure.

Didn’t realise you could advertise on Facebook and they put it on account 🤣

The waffle from the company about retail customers doesn’t tie up but bearing in mind the rubbish they have posted on every prospectus and raised money to achieve additional customers, hasn’t worked too well so far - let’s see.

Ok, the numbers for H1 May be slightly low but H2 of £2.15m revenue considerably too high probably but the end result of a huge loss and cash outflow is the same.

Well seen as your figures are similar to mine for finals to September, have you missed the wholesale contracts also? They are not worth much in my view regarding revenue and only generating 10% gross profit so doesn’t really affect the cashflow or profit/loss - the important thing is purely retail customers.

I have previously explained yesterday and many times previously that even if you ignore the costs of acquiring customers, the GP per year per customer is £125 as specified by the CEO in his interview.

The current net loss is around £1.5m

If we had 12000 direct retail customers at the beginning of October, they will generate £1.5m of GP this year and therefore the company would be breakeven up to September 2019.

But Toop only have around 1000 customers and even if we take the optimistic view that they gain 500 customers per month, it will take another 22 months to get there. And that is if they are free.

This is not exponential to get these customers, it is purely based on the monies they spend on direct marketing. Add the costs to acquire these figures for the additional 11,000 customers required as per the prospectus vary between £40 - £90. So these customers will cost £440k to £990k.

But with the administrative expenses being so high at £1,5m, the monies will not last too long.

You also have to remember that the in house sales team are big enough to grow this or the administrative expenses will rise. We also have to hope that Merlin software can cope with the volume, again as the red flags in the prospectus and utilising third paeprty businesses to continue to provide their services which Toople have no control over which may well affect their reputation.

You just waffle on and cannot provide figures to back up your argument. It is relatively easy to work out a cashflow forecast and project the loss per share based on the information provided by the company for this current year.

But you waffle on but feel sorry for those that listen to the rampish views as they cannot or willnot justify their arguments. Put your figures down and we ca discuss it. I have done on multiple occasions and never received any figures back but just the usual abuse from those less researched or knowledgeable.

Never mind sonic - £400k per year from new customers

Well each customer generates £125 gross profit per year. The direct marketing costs are between £40 and £90 as per the presentation. Let us be optimistic and say £65 so profit is just £60 per customer.

So where do we currently have 6667 retail customers to go through the whole year? We have around 1000 tops.

To achieve that figure we need to generate 1100 customers per month to achieve this as month 1 customer generates 12 months revenue where month 12 only generates 1 months revenue - so we need. 13,333 retail customers to achieve the £400k gross profit.

But even if they do achieve your figure of £500k gross profit, due to the large administrative expenses of £1.5m, the net loss will still be £1m.

Morning Miss G

Loan between David Breith and Toople.com Limited

David Breith, when a director of Toople.com, made director’s loans to Toople.com (‘‘Founder Loan’’) the outstanding balance of which as at the date of publication of this Document is £606,756. By way of a letter agreement dated 3 May 2016 (and amended by way of a deed of variation on 24 May 2017) the arrangements concerning the Founder Loan were formalised such that the Founder Loan:

i. is interest free;

ii. is not repayable for 3 years from the date of 2016 Admission and then only in the event that the Company is in profit and has sufficient funds to make the repayment (with the terms of the loan being extended on the same terms until such time);

the Company may, subject to being in profit and having sufficient funds, repay the Founders Loan prior to the expiry of the 3 year term.

The deed of variation entered into on 24 May 2017 amended the outstanding balance of the Founder Loan, as stated in the original agreement dated 3 May 2016, from £725,000 to £606,756. All other terms of the Founder Loan remain as agreed on 3 May 2016. The outstanding balance was incorrectly stated in the original agreement on 3 May 2016.

The liabilities of the Group have increased over the period covered by the Historical Financial Information, largely due to the increased level of borrowings, represented by the Founder Loan, made to the Group by David Breith to support the launch of the Toople business. The loan balance owed is £606,756 though the net present value was £544,296 as at 31 March 2018. The loan is interest free and is not repayable by the Group until 3 years after the date of 2016 Admission.

DrAmbition - this company was valued at £400k in August with 200m shares in issue.

When the money runs out and still making a 7 figure loss in 6-9 months, again I have mentioned this before what do you think the value will be?

With 973m shares in issue, at 0.1p, the value will still be £973k, nearly 2.5 times it was in August with no real change in the company. Yes more revenue, more cost of sales, more administrative expenses but still losing similar money.

At this time, administrators will be brought in or a huge consolidation will be required as the nominal value of 0.0667p will need to be changed as a huge discounted placing may not be possible.

So go back a few months and see the only difference now if the cash from the last raise. When this is gone, nothing has changed apart from no longer a going concern unless a huge fund raise goes through.

mannnan made a fool of himself when the SP was at 0.85p and those looking to follow him, the list is expanding. This is a pump and dump by the twitter crew who got into the wrong placing. Eventually it will come crashing down similar to MYN, MXO and several others. All directors living off the shareholders

Read the presentations - this is a not a new company but only listed in 2016 - try Cube Telecom but the presentation presents most of the history.

I have not added anything in H1 for the £3,5m revenue over 3 years as it is to be accretive to monthly revenues after an initial six month period. But allowed £600k in revenue in H2 at a cost of sales of £540k. Are you missing the fact that 10% of wholesale contracts are only achieving 10% profit which currently is the majority of revenue. See the figures as they are due and be very surprised if I am not close.

Will remind you in around 6 months of what you think are my deramping comments. I do not need to deramping. I am not invested, will never be invested but will continue to post bearish views in line with what the company is not progressing to the benefit of the shareholders.

You might need to learn how this company was financed and by whom and why. The reason why this dropped from day one was a yearly revenue of £1m creating a £1,5m loss with a strategy that will not work but valued at £8m - the only way was down. Now having lost 97% of value and continuing to do the same and continuing to ask the market for more money, nothing has changed.

As you see I see no reward at all but we all have an opinion. Mine is based on years of knowledge of this company together with the figures produced and expected figures based on the CEOs strategy. But good luck with this but may be you filter me as my posts will continue to be bearish like they have since day 1.

There was nothing wrong with what I posted as can be seen from the IPO presentation and the current position of shareholding. Suspect it was disgruntled investors that got it taken down. LSE admin should not have taken it down as can be proved in the documents supplied by the person involvec.

Why would the BOD buy when they could at the last placing at 0.3p. Explains everything to me but looks like you are blinkered. Unbelievable how the obvious cannot be seen!!

Do not worry too much Miss G

The CEO had 28.25% at the IPO in 2016 and valued at the IPO price of 8p, the valuation was £2.26m but now only worth £85k. He has not invested in any of the discounted placings since then and so clearly full of confidence 🤣

Still, the last placing kept his income for a further 12 months at the expense of the current shareholders.

Wonder if DrAmbition is related to the CEO as AH waffles on too much and his stories do not tie up

Expect 6 months to March 2019

Revenue £950k
Cost of Sales £825k
Gross Profit £125k
Administrative Costs £900k
Loss £775k

Cash balance ~£750k assuming the payables and receivables are similar - if not this needs to be adjusted

Expect 12 months to September 2019

Revenue £3.1m
Cost of Sales £2.7m
Gross Profit £400k
Administrative Costs £1.95m
Loss £1.55m

Cash deficit ~£150k assuming the payables and receivables are similar - if not this needs to be adjusted and the loan to DB of £544k has not been repaid.

Clearly financially the company will be in trouble around July/August next year and still producing a loss of £1.55m. This is based on achieving 300 new customers per month and the wholesale contracts of £600k being used in H2 as per the RNS when a £3.5m wholesale contract was won without any benefit for 6 months. If the loan to DB is paid, then the company will run out of money in April/May next year - hence my view on 6 months where the SP will be below 0.1p and the administrators will be called in or another huge raise close to the nominal value of 0.0667p.

Personally, though there is no positivity here. The main objective is to replace wholesale customers with retail as the GP is in theory 3 times better.

If 12,000 retail customers were given to Toop at the beginning of October, this would create revenue of £5m with a cost of sales of £3.85m generating a gross profit of £1.15m. Bearing in mind the current yearly loss is £1.5- £1.6m, a loss of £400k will still happen. But in reality, these customers will still cost £1m so still creating a loss of around £1.4m

However I look at this, I cannot see a positive apart from traders playing the rise and falls. But good luck if you feel this is the correct investment for you. This company have done the same for 3 years and achieved the same results - increase sales increases cost of sales which increases the administrative expenses but the cash outflow is pretty much the same as well is the loss.

Neo89 - expect figures as below

Revenue £1.7m
Cost of Sales £1.45m
Gross Profit £250k
Administrative Costs £1.6m
Loss £1.35m

Cash balance ~£1.65m assuming the payables and receivables are similar - if not this needs to be adjusted

He had 28.25m shares when 100m shares were in issue and valued his holdings at £2.26m

So AH has already lost himself £2.14m of his own investment. Will not be too long before he loses the rest

How many of the bullish views thought that those with bearish views would not be posting on up days.

Clearly the market is not seeing this as a good RNS like the bullish posters here. May be because the figures do not line up with the accounts, the presentation or the figures AH waffled on about and does not line up with directly contracted small businesses joining Toople which represented a 40% increase compared to prior months.

420 customers @30% GP will generate revenue of £350k over 2 years as AH quoted but only £250k in the RNS. So what is wrong? AH figures are a waffle, the revenue per customer is less or both. Suspect both.

I have a feeling Miss G, ERV and myself will keep posting our views until TOOP disappears but at least some placees made a small profit.

Now back to normal for 4 months until the next update then

I have posted it on here several times why I post and couldn’t be bothered to post it again. Read through my posts.

But on top of that, there are so many bullish views that are incorrect, unresearched and cannot be backed up. My bearish views at least help a few think if their investment is correct and they have not overlooked things.

I no longer post bullish views on LSE as there are too many games being played. And on toop nowadays is the placees and traders pretending they see this as an investment and not a trade.

Think of me what you wish, but I prefer to listen to the negative views as many that do justify them as apposed to the bullish views that say great RNS, price will go to 3p, so undervalued and the likes without referring to information and figures provided by the company.

If you read my posts I would never put a penny in here, it’s a POS and will either be hugely diluted next year or the administrators will in.

You cannot short this stock by the way

Sonic - look at the figures quoted by the CEO

£250k revenue over 2 years - each retail customer will produce £833 revenue over 2 years as per figures from the CEO based of £250 gross profit at a 30% margin. So £250k over 2 years divided by £833 per customer equates to 300 new retail customers.

Either that are or the CEO has told porkies and if you think we have 400 customers (I know you said 420 but easier with the figures), then the revenue will be £625 revenue per customer for 2 years and only generating £187.50 gross profit @ 30% and not £250 as the CEO quoted.

There are a multitude of anomalies quoted in the RNSs, the presentations over the years which do not tie up with the figures quoted in the accounts.

I am not arguing what you said about what the CEO said but he also added, at a cost of £90 for a GP of £250 I think it is worth it. The presentation said between £40 and £90 and feel it is closer to £90 in my view.

If you look at my previous figures, exponential growth will lose the monies in the bank quicker as it is probably not until month 8 that it generates profit. Even at 1000 customers per month, this will lose money

Go back over the last 2-3 months - all figures quoted in line with the accounts, presentations and assumptions by the CEO.

All identified, the revenue from retail customers at 300 extra per month, the cost of gaining these new customers and the gross margin for the first 12 months, the company will still be losing over £1m per year. I also quoted if they got 12000 new retail customers free, they would still be losing money but in reality, to get these will still cost £1m so still losing over £1m in the first 12 months.

After spending all this money they raised which is probably now around £1.5m left of which over £544k could be used to pay back a loan to DB will leave less than £1m.

I mentioned the SP will fall in the next 6 months but keep investing, may be keep topping up on all the dips

DrAmbition

These figures were quoted by AH in the presentation - most up to date figures as quoted by the CEO

You clearly cannot even read my posts - 6 months for the next huge placing or administrators in where the SP will be below 0,1p with a placing close to the nominal value of 0.0667p

You think this RNS is positive and you think I have an agenda? All figures I have quoted are from the accounts or specified by the CEO. You are making yourself look a little stupid in my view

Oh dear DrAmbition

It equates to 300 new customers for October. As per AH figures generating a 24 month contract will achieve £250 GP at a cost of £90 - as per AH interview.

So these 300new contracts will generate a gross profit of £10 per contract so £3000 profit. Ah but do not miss the cost of gaining these 300 new customers at £90 each - so a cost of £27k - a loss this month of £26.3k but at least next month they will create £3k gross profit. Unfortunately the net loss for the company will still be above £1.4m.

You do not fully understand this do you - yet another one

People will push this up but in reality each retail customer as per AHs numbers will generate £833 revenue over 2 years.

So in theory, these figures show Toop have gained 300 retail customers. But these figures in year one will have cost around £25k to acquire and cost of sales being £96k giving a total expenditure of £121k. So these figures according to AHs presentation will generate £4K in the first 12 months. Not looking to good then.

However, this will push the SP up temporarily even though it should not but the twitter ramping and placees will be pushing it for the less informed to get on near the peak and lose money