TOOPLE ... Has moved on from 6 months ago from last placing at 0.3p. Its goalpost have moved to generating cash and orders which will change the whole concept on how TOOP valuation are formulated.
prior to 6 months ago, no revenue and a new administration team have been placed that have created record sales.
Forget what the company was doing 6 months ago.
Now we await Oct, Nov, Dec & possible Jan figures that will show accumulated contracts which = Revenue. Wether venues are received now or 6 months time... ITS STILL REVENUE !
This will hit 1p sooner than you expect, Idiots on here talk about receivers and lack of funds in 6 months !!! What utter crap. Toople has moved on from its circumstances 6 months ago.
Healthy to carry losses forward rom previous year end and we need as much Tax relief against the fore-coming revenues.
seems 0.26 is the bottom after being lowered again previously
markets believe risk free here at this level hence buying pressure again today, one only need to look at the buys.
Expecting more news very soon on the last qtrs figures. The last update was for sept 2018 so should see news for this period any day now.
Below is the RNS from August 2018, so leaving just another month as we start receiving income from this £3.5M contract. The 6 month period is about to expire. If you divide £3.5M into 3 years = £1.16M PA on top of the current M/C so adjustment here on the current SP is imminent
UK Regulatory (RNS & others)
Historical Stock Chart
6 Months : From Jul 2018 to Jan 2019
Click Here for more Toople Charts.
RNS Number : 0562Z
29 August 2018
For release: 07.00, 29 August 2018
("Toople" or the "Company")
Major Contract Win
Toople Plc (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is pleased to announce that it has signed a major new wholesale contract with a well-known reseller based in the South of England ("wholesale partner").
The contract duration is for an initial three years and is expected to deliver at least GBP3.5 million in additional revenue to the Company spread over that period. It is expected to be accretive to monthly revenues after an initial six month period.
During the initial months of the contract, the wholesale partner will migrate its current hosted telephony estate over to Toople's proprietary platform, as well as white labelling Toople's broadband propositions and marketing them to existing and new customers.
Commenting on the contract win, Andy Hollingworth, CEO of Toople said:
"This is a great win for Toople as all the revenues relate to our next generation of telephony and superfast broadband services. As this and our other recent contract wins demonstrate, we are seeing increased interest from reseller partners and those active in the wholesale market. This is because we have a number of competitive advantages in terms of our platform, price and next generation service offerings."
- ends -
£3.5M over 3 years should take us up to £3.5 MC making an imminent uplift to the SP to 0.5p ish
"Telecom services provider Toople (TOOP) was up over 250% today after announcing a new contract win.
In an RNS this morning, Toople announced it had signed a major new wholesale contract with a “well-known reseller” based in the South of England.
Toople said the contract duration was for an initial three years and is expected to deliver at least £3.5m in additional revenue to the company over that period.
The company, which provides bespoke telecom services to UK SMEs, said the contract is expected to be accretive to monthly revenues after an initial six month period.
During the initial months of the contract, the partner will migrate its current hosted telephony estate over to Toople's proprietary platform, as well as white labelling Toople's broadband propositions and marketing them to existing and new customers.
Andy Hollingworth, CEO of Toople said: "This is a great win for Toople as all the revenues relate to our next generation of telephony and superfast broadband services.
“As this and our other recent contract wins demonstrate, we are seeing increased interest from reseller partners and those active in the wholesale market.
“This is because we have a number of competitive advantages in terms of our platform, price and next generation service offerings."
Expecting RNs stating continued orders for Nov, Dec 2018 with possible major contract extending to further revenues for 2019.
These prices are a total giveaway with such a low market cap. A real uplift to the SP is imminent. With such revenues due over a 3 year period for those new customers with a price frozen for the Broadband services, 1p here is totally realistic.
What more do you want to be offered on a plate ?
Ever increasing my stake here at 0.27p
My ordered got filled yesterday so happy to be in.
After reading and researching over the xmas period and been sitting on the side lines for the over hang to clear we seem the sp back to recovery with excellent progress.
Very positive for 2019
Don't think they are hiding anything, other than making the key facts obvious.
No doubt a more detail appraisal of all the figures will be released in the new year once all the true statics have been gathered up.
Toop is going in the right direction. £2.2M its has raised is a great safety nett to continue paying its sales team. Long term contracts is what its important here not short term losses. With these contracts TOOP will be able to find other methods of securing funds if needed via JV
Fair point, but increasing costs are due to a new sales staff that's new and you need to invest in good salespeople and a team that will generate good sales order. This is key to any company.... Revenue not losses. So many companies uses its losses against Gains in the future.
Toop has had to invest to gain like many companies. For me, losses show that the investment made in the right direction for pushing an ever increasing revenue which is key.
Are you reading the same RNS ! as us.
Increasing orders and increase in Revenue = £££
Did you manage to Run before you walked as a baby ?
I suggest you buy back in as these 0,3p shares won't be here long.
Back to 1p in no time
Should see us back up now to earlier in years SP value. M/C is so low considering it’s revenue. This continues winning sales orders I would expect the Sp to continue in the same direction to multiples of today’s sp
CEO wants to raise further funds before final results as per the RNS this morning, What the hell is he doing ! the sp is drifting back down so markets must know of an imminent placing as the CLN's been a disaster due the the shorting of the SP.
What a bad judgement call.
This Bose well for Monday as we now have a very tight spread considering the vast differences all week. All the 1.2p placings now gone so we will see huge movement north on Monday morning. Those that did not buy at these prices today will see the SP 2p on Monday.
So little stock 48.99 M shares only, I see this moving back up to 3- 4.5p as it did on the back of the 1.1p placing only a few weeks back.
We were given another opportunity with these 1.2p shares being sold between 1.4 - 1.75p now these have gone only way is up
It appears impatient day and weekly traders are selling to balance their books being Friday. Do you really want to be out of this share before news arrive. Could be at close of today as indicted JV by Dec 2018. Or Even better first thing Monday morning.
This has so much ground to make up in its M/C and the news will clarify this.
GLA that have sold and good time for those still sitting on the side lines to buy back in. Order books Fromm some mm's I see being filed before end of day