Regaining trust in LoopUp will be a gradual process31 Mar 2021 15:09
Yesterday was a start. With most of the financial information already being out there, it was a penalty kick for the day traders.
Regarding yesterday's RNS, strategy featured 3 times and strategic 12 times. They laid out what they are doing going forward, now they have to achieve and more. That means not only gaining new business but also improving the offering to retain customers, technology does not stand still.
Cautious investors both institutional and private, looking to hold long term, will be waiting for the next trading update, likely in July. Even then if the news is good, many will still put that down to the effects of the CoViD-19 pandemic. Assuming the vaccine rollouts have succeeded, the probability is that H2-21 performance will be a key factor in deciding the future prospects of LoopUp with regard to the SP.
I can't cope with the daily stress of looking at share prices and reading share chat, not that it isn't informative at times. Firstly it is time consuming and more importantly it can lead to bad investing decisions. Own a stock, don't let it own you. That is why am not Premium, have been there. If I can't trust a company to deliver long term, do not want to hold. Will keep LOOP, at least till July's update. If that is promising, there is H2 and who knows. Have an interest in 20 stocks, am currently examining them all for future prospects, with a view to focusing on 5 for the next few years.
Wishing you all a good end of lockdown and successful investing.