Member Info for JammyC

The aquisative strategy brings execution risk, especially when numerous additions are being managed and incorporated at the same time. Profit taking may explain some of the fall but I think the amount the company has taken on is also a factor. The company needs to prove that the additions work and add value, when that is proven I think the direction of SP will change. From a technical point of view, now that 300 has been breached I think there maybe further to fall.

Along the same lines is "100 Baggers - Stocks that return 100 to 1 and how to find them" by Christopher Mayer. More pertinent IMO to Burford as expands upon the blogs subject matter with drivers of what enables stocks to achieve supernormal growth. I can't think of a stock which adheres so closely with the required ingredients. As I've previously posted, if any one can critique my thinking here, or provide better suggestions, I'm all ears!

If you haven't read it it's available on Amazon and no doubt most good book shops. You may also find a torrent on a well known site.

Maybe because Loopup are offering a product/service the cliant wants at a favourable price. Does this mean that Loopup will be profitable? And that the contract will be sustainable? And that debt can be paid down? These are very different questions and one I am unable to determine from the information that is currently publicly available. You do know the difference between sales and earnings, and why a sales ratio maybe not the best metric to determine whether loopup is cheap?

I've no idea regarding numbers and think it would be foolish to even attempt to forecast due to the lumpiness in their returns. I'm expecting a significant increase though in cash following recent years ramp-up in deployments that, to date have not beared the expected fruit their ROIC and IRRs suggest they should have, even after being generous with allowing for delays when using the mean of 2.8 years to case completion. My patience is waning. I have a full position here as can't/won't increase position size further despite conviction it what is being presented. BUR is currently nearly 27% of my equity portfolio, far more than I know I should be risking, no matter the believed upside or conviction. Unlike yourself I need to see an increase in the valuation sooner rather than later.

It was cheap when it was 75p, it was then cheap when it was 50p, and then it was cheap at 35p, and then 25p. It's now less than the raise which was hugely dilutive. Do you see a trend? Do you have confidence in management? Do you think they are aligned to your interests?

Yes, but you'll have to wait inorder to be fair to subscribers

Found the interview, wasn't directors talk but caravan park true! Haven't reread the rest, the chart and equity raises/dilution speaks loudly enough for me not to waste further time. https://loopup.com/en/resource-center/blog/co-ceo-michael-hughes-featured-in-1-million-by-1-million-series/?postdate=pre-2020

If you search back 6m to 1y through this thread you should find a link to the interview

Because it seems to me the management are masters of value destruction and are running the business as a lifestyle business. They appear completely out of thier depth. Look at the history of failures of Loopup.

In addition I remember, but are unable to locate (hopefully someone else can, I think it was Directors Talk) an interview with the other CEO, where he explained both CEOs went to the same Uni, both setup their own businesses, both failed, then decided they must be a winning combination and to go into business together, initially to set up a caravan park, but then created Loopup. I appreciate this sounds like a story I've dreamt up, but life is sometimes stranger than fiction. I would argue that they are woefully out of their depth and that you are paying for thier fantasy.

You got your top up in 16p cheaper than me! Hopefully this time next year it shall matter not a jot

Someone smokes big. Far too much by the looks of things

The awards are based upon an Average Share Price during the 30 days prior to the end of the Performance Period, not 3 days

Hopefully we've just seen the nidar. Couldn't resist a little top up

Well done! I missed the last drop. Had eyed 740 as good support but didn't buy with my trading funds. Couldn't sell any of main holding so close to a potential windfall. Hope you had a good xmas and have a good year

I think it's mad only to have only a 1 year time horizon, but I don't know you, nor your position. Sure review your holding after a year but to scoff at someone for having a longer time horizon than yourself seems rather absurd. Even more so if you don't know them nor their position.

Jtd - you ask "so why not dig into research on the others and simply ignore this?"

Because I was a holder for short of a year despite intending to hold long-term. I believed that they couldn't fail, due to the increased WFH, despite thier considerable previous history of value destruction. I got out with a very small profit at 78p and have continued to pay close attention since, and will continue to so. Hoping this fares better than I fear for holders. GL

Bizarre that of all the 6 companies presenting, Loopup had the worst audio of all. Not the best of adverts when you sell yourself upon providing the best telecommunications infrastructure! Interested in others thoughts but there was nothing there to make me want to risk my capital with them again.

Can anyone advise on the tax situation with regard to dividends from THS with it being registered in Cyprus? I know holders of Atalaya mining have been stung and I'm not sure as to the reasoning or quantum, or if it is avoidable? TIA

Quite, I never thought we would drift this low, even despite previous experience. We are still someway from results so do have some concern it could drift lower. But at the same time, at this price the value looked too great not to take another small bite! Roll on next year

I do hope you're right on that as I topped up yesterday! Felt I had been greedy enough watching the drop but also was concerned at a continuation of the recent trend. So far so good