Member Info for jointhedots

Now guys, lets not start comparing sizes, wrt this BB it doesn't matter who is holding the biggest or your shareholding size, the importance to each is on par from my viewpoint , both have valid points to make.

IMO we are almost all on the same mission yet maybe not on the page and I suspect there are no shorters posting on this BB. I really do, no one is vicious or dishonest enough, the usual giveaway signs, I do think there are those, CHR155, Richard et al, who want to trash the SP purely to get a cheap buy price though and the odd idiot that just takes pleasure in upsetting others (trolls).

The difficulty is that some think we should not air our criticism and others, me included, vent their concerns - neither group is going to change viewpoint.

I think the BoD are disgraceful in ignoring shareholders but I suspect they have good reason that they can't share, I hope so because if it's just because they can't be arsed that is despicable and unforgivable.

To put it into perspective I'll use a statement from a company that likely has few PI's invested RNSed their AGM arrangements this morning, for me shows where Loopup BoD is being disrespectful, note the reasoning for engagement and that they are using MS Teams, ironically they could even be using Loopup:

"Post-AGM Video Conference Arrangements
Despite these changes to the format of the AGM, your Board is mindful of ensuring that Shareholders have an opportunity to engage with them. The Board therefore proposes to host a video conference call via Microsoft Teams after the AGM has concluded at 2.50 p.m. on Monday 28 June 2021 and to address questions which might otherwise have been raised by Shareholders attending the AGM in person. If any Shareholder would like to participate in that conference, please send an email to the following address notifying the Company of your interest: azim.khan@volvere.co.uk .The Company will then provide participating Shareholders with an invitation to join the conference. Please note that entry to the conference will be restricted to Shareholders only."

As I said, unless there is a "good reason" for delaying contact with shareholders it is despicable.

Yippee - bid has gone up 0.1p since this morning, now 65.1 (not the 64p headline price) , WoW.

History is one of the most valuable tools we have in every aspect of our life, else we would not learn anything, like the dangers of starting a world war or trusting someone we know is an idiot - every aspect of life Rich.

I suppose we've got a choice of either just moaning, and I certainly do my share of that or letting the BB die of neglect because there is nothing new to talk about - I think we need to keep a focus on the facts historic or current else the only ones posting will be those that want a further collapse in the SP - present the company as is IR worts and all.

As I said first thing this is an optimism day for me. lol

Old news, from January but worth revisiting as the impact should now start to be felt in order.

Leigh Henderson was probably the most significant hire this year, looks like a really good hire, notwithstanding the new Chairman who in effect being nothing new just continuity and IMO a lazy uninspiring choice (least said).

Leigh has taken on the role of delivering on our Cloud Comms aspirations in the Australian region as Director of Consulting - I assume it includes other places like NZ and Indonesia. It looks like it could become a good growth area, the article says it is "showing signs of rapid growth: according to research from the Insight Partners, the APAC cloud communications market will be worth US$5.1 billion in 2027, up from $1.1 billion in 2018."

The linked article from IT Breif Australia, is about the hire quotes him as saying: "...No other cloud telephony provider is as uniquely placed as LoopUp. LoopUp’s secure, global voice network, deep Microsoft expertise and exceptional service set it apart from other providers.

“It’s an exciting time to join LoopUp and I look forward to helping businesses communicate and collaborate better with LoopUp’s cloud communications solution.”

Now that's the spirit Bigsmoke. I believe him.

https://itbrief.com.au/story/loopup-appoints-leigh-henderson-as-director-of-consulting-for-australia

One thing this downward pressure on the SP has done for me is make me put in the effort to dig into the opportunities, competition, risks etc. It's no bad thing as I now feel more content to hold irrespective of the current pressure - on balance IMO this is a great investment with a really low entry price.

IMO not a time to sell, no investment in the stock market is risk, but this company is profit making with no debt ( negligible ) whilst companies whose business proposition is hopeless enjoy a better share price support as someone commented on yesterday.

Unfortunately, we have no shelter from the current pressure until buyers step in in in force so we must fall back to the old chestnut to steady ourselves - "patience" The difficulty is patience is in short supply.

Almost ready for a new start to a new day.

Ever the optimist, can't wait.

Pokerchips - that's my feeling, these changes are major business decisions not just because of the contract size, but more importantly they are often business critical and CIO's that opt form this are in the cross-hairs of everyone from the Chairman. CEO down every moaner in the company.

They will certainly not want to go back to the BoD after a year or so (planning to implementation for this type of contract takes a long time) and tell them the system they all got used to after their recommendation is the wrong product. So I always took the 3 years contracts to represent a minimum duration rather than an end of the line. This is a land grab moment after C19 has focused minds on their needs and frailties - Loopup need to be grabbing their share - the opportunity may never be better

With that in mind it is pretty obvious why the company is highlighting the success of Microsoft on their website, also Linked in and other platforms; and their position, becoming the solution of choice in MS teams. What's the saying "no one ever got fired for buying Microsoft". If Loopup are not having a terrific time in that aspect of the business on the back of their adoption on MS teams as a flagship solution - I'm afraid we're stuffed.

Reminds me of another saying " Pulling defeat from the jaws of victory" - surely not our Steve, that would be some achievement.

I'm firmly in the camp that believes the problem is neither operational or strategic, ironically it's a Communications problem - IR Steve - it is Waffle unless you deliver on it and COMMUNICATE the progress and outcome.

It would be bizarre, except that it is a sign some entity throwing sales in at a lower price than they need to accept!!! Those sales are relatively small, meaningless, the only purpose I can see is to manipulate be creating the impression of severe SP weakness at low cost to them. It's easy and doesn't mean the culprit has any real clout. The UT is meaningless.

Seriously, I've been buying for weeks, though this SP weakness is very frustrating it is an great opportunity IMO, "golden" maybe, sure the market for the services in their sector suggests that to be the case, all depends on how competitive the company's competencies make them.

If you trust the management to have the right strategy - and I think they now have a great strategy but where on the wrong track pre-pandemic, slowly drifting off target, off the pace.

They talked of a transitional year (admission they got it wrong!!!) and the theme of the Annuals was on a new direction for the company in Cloud Comms with meetings as a core capability. Crucially they gave clear pointers to cloud comms and new capabilities being pursued to broaden revenues - if they show clients they have a compelling offer the growth could be phenomenal (yes there is a golden opportunity for the business). I believe companies will be more and more drawn to broader more rounded solutions to their comms - Lookup are well placed to grow into new areas, 5000 existing customers they can offer services to that alone provide a significant opportunity.

They simply need to turn it into reality, the easy bit - we're all waiting to hear about.

The jury is out, but they are still short of all the available evidence.

Good morning and good effort from you guys, you're right of course, it's about time we got some respite from the slow drip of selling (contrived or not). The antidote to this is News. To dispel boredom, lift to gloom and build confidence, as there is no real underlying problem.

It will come good in the end when Steve hears about the concept of IR, lets give him a chance after all he's only been running the business for a couple of decades.

To be honest at this stage I'll be relieved if the SP simply holds it's price until we get some news.

stew200, that's the frustrating thing, the company is not a duffer like so many on AIM, it has huge potential, almost unlimited and they are in the process of competing for a prize that could send the SP much higher - take your pick where. I really don't know where fair value is even at the current time, but I'm sure 68p is no where near.

But from the BoD's recent actions I think it's clear they are in no hurry to precipitate any change.

The website stuff is very encouraging and I check it out for change every day so assume the MS domination blog was posted late in the day - great pointer to them becoming more aggressive in their sales effort though, they need to be visible and fight some very slick opposition.

WRT the number of countries 67 with the cloud telephony approvals - that has been the case since the launch of the website, it is fantastic and I'm glad they are bragging about it - it is well ahead of the target for the full year at the half way stage - impressive especially if they repeat the trend in the sales arena.

"someone dived in for 26 shares @69p"

Probably CHR155 going in big - very exciting times now the big hitters are sniffing around.

yrab: "I wonder why there was no pre AGM trading statement this year..."

I'm glad you asked that.

For technical reason, "they couldn't be arsed" or for a strategic reason, "to get cheaper options for the team"

If you have any other questions that require a deep understanding of the intracacies of AIM don't hesitate to ask.

I bought some more shares this morning, go figure that one " a fool and his money perhaps" lol

stew200 - I feel I've been a little slow in spotting a possible candidate for your holding RNS, in fact I confess I never even noticed it.

I'm actually referring to an RNS released two months before the apparent heavy selling day with 23m trades on Nov 29th. I noticed the holding RNS from 02/10/2020 on the company's website - how did I miss that or is dementia setting in ? At first I thought it must have been added late but it's on LSE with the correct date.

Here's the significance IMO, the seller was hidden by using investment managers but I suspect a very high net worth individual that backed to company in a capital raise had probably had enough and sold what was likely 9%+ of the company in one go - though there where no appreciable sales on the notification day or at ANYTIME around it. So what happened to the approximately 10m shares (5m sells and 5m buys) that where traded?

Well the notifier Jupiter fulfilled their responsibility by releasing an RNS. Then the only assumption I can see as credible is that they sold them to MM's and MMs are not obliged to notify less than 10% of the company and agreed to defer notification of the sell.

From there, clearly the MMs have to resell the shares which brings them to notification of approaching 20m shares that can be sprung when they choose and can make the most from their situation - perhaps when some buyer/seller allows them to churn the shares.

Stew200 - the above scenario provides an explanation of a large known seller providing the opportunity for the SP to be trashed by unexplained trades - the MM's could even easily have pre sold the shares they held before the supposed date of the transaction. So in your search for some large seller you are looking in the wrong time period, could easily be chasing a shadow as they already notified

I think that day was a set-up by MMs to milk shareholders on the day and in subsequent sessions, helped along by opportunists and panicked shareholders on the day .

Obviously just my attempt at an explanation and can never be proven - but leaves me more content, I know the enemy, if you think otherwise carry on digging - but don't say there is no explanation unless you can show the above not to be credible. I don't want to explain every time you complain, I stand to be corrected by evidence!

It also points to MM manipulation, something I suspect is still going on in every session

I repeat what I said previously - there is nothing compelling a MM to disclose a holding of under 10% - that's per MM. There is nothing compelling any foreign investment entity to disclose a holding - i.e. no punishment for not doing so.

RichardB - you're got it mate, we await action from those that can take it.

I'm going to post something shortly about potential manipulation by MMs over a long period (my view is they are the enemy) - but that does not change the fact that the BoD provide the oxygen for them to thrive on - content shareholders don't sell.

IMO this will turn very quickly when the company provides good reason for investors to take a position.

We tend to blame everyone from "shorters" , "secret sellers" to "MMs" (my top suspect) and there is no doubt they engage in ropy methods and feeding frenzy is given half a price.

But they are only a symptom of the underlying problem, it's the responsibility of the BoD - they run the company and are custodians of our investment- if they perform well enough the SP will rise and no one will be able to stop it.

We just need compelling reasons to buy - not a wall of silence

bigsmoke - "we are over the hump" - the AGM should have been a positive event not a hump, unfortunately IMO we won't be over this hump until the Options are allotted and the company start shareholder engagement in some way or another.

We need the exercise price setting then everyone can buy in confidence (including staff) with a base price set.

CHR155 - I didn't say there wouldn't be an update before December, I said "strictly speaking nothing else is required until December."

If there is significant news they will obviously be compelled to release an RNS, but not "forced" unless the NAMAD presses them (can't retain listing without a NOMAD). There are rules but since when have AIM companies worried about that

My understanding is for their LSE listing they only need to RNS their annual and interims within 6 months of the period end - that's December for the interims else they have to suspend or get an extension approval (rare).

I'm hoping for and actually expecting lots of news but it's in the hands of others who have a slightly different view of appropriate news and IR.

Well worth the wait - I'm overjoyed