The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
The link is to a write up from the lead contractor for an Irish university implementation.
Interesting as it gives an insight into the elements that go into an implementation - sounds like expensive gear to me - not just a few display screens.
I suspect Loopup are right to target prestigious implementations - not stuff or local state funded college
Misterh - good assessment and I share those views.
When shareholders stop running scared or disgusted with the BoD and base investment of logic, then fair value can be restored.
Despite all the pain heaped on us this year, I'm looking forward to 2022 and hopefully tangible momentum and growth start to compound.
I wish all shareholders a happy Christmas and a happy and prosperous New Year.
Much as I would love to take some comfort from the stabilisation on the last few sessions- lets be honest, it's meaningless based on practically no trading and is just as likely to be part of a softening up process as genuine buying. The rise could be reversed in minutes and half a dozen small trades.
Unless there is some news, this period until the new year is best considered as waiting time.
The old saying "When the cats away the mice will play" spring to mind in the run up to events like XMas, and people have their focus elsewhere so we could get some efforts at gaining some easy momentum on low trade.
We have the tell tale stream of small trades (marked as buys) this morning, usually the prelude to a blocks of trades to more the SP up or down.
In most shares that would be reasonable - but when there are no trades for hours on end as with Loop it suggests to me the same entity placing most of the trades to create an illusion of buy/sell pressure
Talking of viewpoints - I made it clear that I believe the SP is being manipulated down - I can't just switch that off as the SP rises a little.
Nothing has changed, the pressure is still on and those entities buying may be exactly the same entities that where selling last week and may switch again at any time.
I think we'll need to get to a least 30p to suggest we have driven them off (and it's always only temporarily) - the new guy is right in one respect - those making money from their strategy will not want to stop (g
Llanishen when someone takes up investing and an advisor is involved, Investment Trusts or whatever, there is always a statements to the effect - "past performance offers no assurance as to the future"
That's because trends change as the underlying reasons for a trend change, that's the answer to your questions
"...why would it go up ever. seems to me that people are making plenty of money when the share price goes down - why would they stop doing something profitable?"
and something everyone investing should know, I suspect you know only too well.
Those making money on the destructive strategy will not give up easily, but they are not stupid and most will recognise when the game is up There is no reason to believe tat's not now or imminent, but if the BoD pull their finger out and deliver operation success a SP rise will be irresistible and the sky's the limit.
Your statements implies there is no hope of any success - that's a fair viewpoint, but one I do not share.
Whatever you do don't buy any shares with that viewpoint
NewSid - Your experience is the same as mine, not being able to buy or sell suggests to me MM manipulation - they simply close the door on trading and use a wide spread to deter when necessary.
I agree there are precious few buyers (and IMO few sellers, as shares are being recycled or even don't exist) - but it's not because of anything they are aware of operationally or strategically - it's fear and frustration.
I think there is a perception that the bad news has not yet ended - and fear is a powerful motivator see steer clear. Whatever the news (unless it's a complete disaster), it's already priced in and then some.
If I where short Lookup I would feel my capital was at very little risk - there is part of the problem, our BoD delivering blockbuster news should be a risk to some - no one has any confidence in them delivering anything other than jam tomorrow until 2022 - but I would love to be surprised.
Guys I said for some time I believe this is being contrived/ orchestrated - it's obvious IMO.
That does not mean there are genuine distressed sellers helping it along - if that where not the case it wouldn't be half as successful.
I really hope our directors are probing into what is going on even if they can't react now they should make themselves aware of which entities are hurting them, IMO is it definitely not PI's and not simple day to day trade.
This is an entity or entities that are playing a game and playing a very, very well, our BoD appear as hapless saps and have made the same of us, they need better advice. It's not acceptable for our BoD to be a bystanders in this, they need to fight, as the directors of other companies have.
What on Earth are they doing to deal with this destruction of the company's listing. Especially the US guy - I haven't a clue what he does within the world's biggest (US) market that dwarf's all others combined, that's where the growth should be strongest.
Does anyone know what he does, or have an example of him actually speaking about Loopup. Steve gets all the pressure but where is the other guy. Can't he present to the US audience - there is no evidence of him doing anything that I can find. Does exist beyond a photograph and CV??
NewSid you say: "I think we can now assume that none of the late-stage contracts would be converted this year. "
Absolute rubbish - we can assume the exact opposite - Steve said that at the recent presentation.
The SP action now as nothing to do with ongoing operational performance.
Ben Lee is having another discussion session today (4pm), this one is with a Lookup consulting staff member and entitled:
"Microsoft's Teams Roadmap into 2022 - and what it means for enterprises"
These session are obviously contrived and the Lookup staff are a little amateur in their presentation techniques (they are learning I hope) - I agree with Steve F that putting material out there is very important. The company must be as high profile as possible.
Internet searches return loads of links to companies supposedly providing information on all flavours Cloud services and Loopup need to do it - in truth it is a roundabout method of advertising capability. There are also loads of spoof product comparisons that have an agenda to sell specific products.
If I where running the company I would ensure all appropriate staff where given training and support in their presentation skills and looking very hard at how Loopup can grab attention (that's essentially what Zoom did)- in the end the persuasive capabilities of the team presented to clients will determine the success of the business - I suspect Steve doesn't even realise his own vulnerabilities.
They appear to be going in the right direction though.
To follow on from what I said previously about the SP being manipulated. I took a look at the trades from yesterday and it follows a pattern that has been followed for many sessions.
Trades are placed in batched of over a few hours, a series of buys followed by sells then buys etc - it's a pattern - NOT just random trades of a genuine seller(s) and buyer(s) interspersed. As I've said I believe it may well be the same entity buying and selling slowly working the SP down and sapping confidence - MMs are a prime candidate for this but could be anyone. A position or spoof position is being taken and then unwound or partially unwound prince and repeat with little risk.
In sapping confidence more shareholders throw in the towel - many will disagree with me but it's a theory that works for me.
If I'm right it explains the confusion about why so many shareholders are selling at a loss "they are not" just a few are.
It crossed my mind if Emtec as a reseller and MS gold partner might be one on the re-seller companies Loopup are in negotiations with to sell Cloud Comms - it would make perfect sense and explain how Loopup managed to find a partner for Mashme so quickly.
One of the disappointments for me this year is the lack of progress in signing up new partners - hopefully that will accelerate soon as Steve suggest it will be a good new earner.
Enfin - thanks for correcting me, clearly you know who I was referring to, teach me to work from memory , however I stand by what I said they are poor - the response to me (yes they did respond) was evasive and they actually said they didn't do IR - so who the hell does - an agent of the company fielding questions out of politeness doesn't qualify in my view. Some person or other conduit should be explicitly assigned.
If so shareholders could offer suggestions and support not just moan. For instance, I have helped companies in the past, mostly from thanking them to confirm their approach is working, but on occasion advising opportunities and on one occasion advising a very grateful CEO of leaked information that had not been released by the company.
Other shareholders I'm sure may do the same, it's not only senior shareholder that have good suggestions - IMO they are missing an opportunity to include shareholders as part of the team and keep them onboard.
NewSid - nice positive outlook on the sector opportunities from the Zoom CEO - only downside was that the slime ball Nigel Farage popped up in an advertisement at the end (hope he didn't earn even a fraction of a penny from me ). I won't hold it against you though, lol
stew200 - looks like a really good fit, excellent start, I would have thought Loopup should at least put something on the website - their problem is the same as before the placing- how can they cherry pick information, they would have to release all the news they are holding back including a TU
(Oh what a tangled web we weave!!).
Anyway this is part of what Emtec have said:
"“While the pandemic brought unprecedented disruption to the education sector, it also brought about a massive opportunity to innovate,” said Doug Goodall, Managing Partner, Infrastructure Services, Emtec. “In the Higher Education sector specifically, technologies like mashme.io are empowering colleges and universities to differentiate themselves to students who prefer a more diverse educational experience versus a hard choice of ‘in classroom’ or ‘remote’. The next generation ‘Classroom of the Future’ makes this possible.”
Emtec has a rich history of 25+ years empowering clients in the education sector to deliver optimal learning experiences through digital technology. From managing student devices and application delivery, to school district cyber security, to modernizing classroom audio visual capabilities, Emtec digitally transforms learning environments and assists faculty in achieving their educational missions.
As a North American Gold Partner, Emtec’s infrastructure team will be certified to architect, design, install, and provide support services for the mashme.io Room of the Future technology throughout North America.
“We are thrilled to have Emtec on board as one of our first partners in North America,” said Marcus Greensit, COO, MashMe. “Their longevity and experience in the education space is a perfect fit. We look forward to working together to bring seamless video collaboration to their education clients.”
“The significant push toward remote collaboration will absolutely accelerate - not only in the education sector but other markets as well,” said Goodall. “While our initial focus with MashMe is driving further value to our education clients, we see significant use cases for our clients in the public sector, and within our large global enterprises clients as well.”"
https://www.emtecinc.com/resources/news/emtec-and-mashme-announce-strategic-partnership-to-deliver-classroom-of-the-future/
NEWS - I'll give you some news mate!
Background: "mashme" the name of the new company we just bought was mentioned in the CEO's recent presentation, basically that new options and opportunities for the service were becoming evident and that a salesman of 1 perhaps explained why progress had been slow in rollout out their "Room of the Future" offering. Interesting they started off with Mashme TV, an offering that had apparently approaching half a million users at on stage, and morphed to it's current offering.
Any way they have just announced via social media that they have signed a partnership agreement with Emtec Inc, who are quite a large 1200 (people) US outfit that provide innovative solutions/services - hopefully that will provide exposure to a whole new set of potential client and result in a sales increase.
Looks good to me.
https://www.emtecinc.com/company/partners/
Yes those that took part in the recent placing are around a 1/3 down, but some poors sods who bought in at the height of the optimism are around 96%.
How on Earth has this happened, it's horrendous and usually reserved for zombie companies with no visible prospects whatsoever - that is not the case here, even if you are sceptical or simply don't believe - there is potential.
IMO the upside is huge, but the potential is still probably about 6 months from being realised, and may be a while from even being properly understood (I'm not sure the BoD even know).
I stand by what I said previously - a proportion of the trades (enough to help the SP down) buys and sells are from the same entity or possibly naked short selling - MM's could do this at NO COST or risk unless a substantial buyer enters the market - and they can simply restrict trading if that occurs.
IMO it's contrived and our BoD are not playing this well, they need to think about supporting the company and if Steve is too busy operationally - then appoint someone to be proactive.
The SP is trashed, I think everyone would agree with that, even the trolls, it may even go lower, I really don't know. But what I do know is that the SP could rise very quickly when the company decides to to mount a defence and delivers some good news.
The SP has more than quadrupled in the past from a listing value of £1 with much worse potential future, so I do believe this could get back to £1/share in 2022 It is very downbeat at the moment, but the future is not yet decided.
stew200 - the directors and major (insider shareholders) almost certainly can't buy as the company sits on significant information - one of the problems with being secretive.
No - I haven't had any correspondence with Steve - months ago I made clear to IFL (their official contact) that I believed they needed to address IR on the website, nominate an IR lead and have a process for making comments - and NOTHING happened after I was assured my concerns would be related to the BoD, all are missing/or ignoring the need to communicate like a AIM listed company - hence my view IFL are a major part of the problem wrt shareholder engagement (PI's just don't seem to be of any consequence to them, I got a pile of BS in my discussion).
IMO fear and uncertainty will be restricting buyers and as well as the contrived sales/shorts there may be some sellers clearing the shares before years end.
Institution(s) that have made substantial profits this year may be selling to offset tax liabilities (as our directors did and I believe the law is changing in the US hence the Microsoft CEO's sales) - the year end for companies does not match personal tax.
The company's apparent tendency to delay releasing information as long as possible is very unhelpful - we are overdue a trading update and the market will assume is is going to be negative. Should have released it weeks ago and the SP would have reacted once - as I said the company appears to be being given poor advice (from IFL)
I disagree with the view that recovery is in any way unlikely - it will be related to company performance again in 2022 - this year has been washout, all about sorting out a poor previous strategy and failure to restructure quickly enough.
2022 - will be totally different IMO