Member Info for jointhedots

The SP at its current level is OK, as it stops advance selling of shares, tail swallowing to take part in the capital raise and helps maintain a balanced market.

It will rise steadily, once the dust settles.

All we can focus on at the moment is the bad and ugly, and it certainly does look ugly today, the exercise price is so disappointing and a real kick in the teeth for anyone that invested only a short while ago in a placing never mind long term holders.

I'm not going to dwell on the excessive pay, sheer face and greed of our useless directors - we all know the score - their pay should be slashed in line with the level of activity. But it's now up to our biggest shareholder to give them their marching orders when he's had enough - not in our control.

The sad thing is that the update is very positive and most importantly spells out in greater detail than ever before the opportunities and the client range, IMO it looks very good and explains why our lead shareholders is piling in- if the directors had put the information out before then capital raise would have got off at a much higher price- no accident I suspect!! I believe they simply don't care about PI shareholders, if we sell or stick with it makes no difference.

Another thing is that the money is not to cover debt but finance growth opportunities - that is very positive IMO.

I doubt many PI's will partake (bitten too many times) in the offer but I do believe the SP will rise steadily post completion as this could be the last as new revenues start to flow.

Finally, it dispels the potential for crashing out of business because insiders and those with greater insight into what's going on are prepared to partake

So, all in all though I'm not pleased I don't feel too upset.

Looks a little like the market turmoil (sterling falling sharpy) is being taken negatively in many sectors. I think it misses the point that the success of COPL is not linked to the UK economy as receipts and cost are largely in $US.

When converted to £ the company is surely more valuable.

A terrible give away to the rich by the chancellor - social unrest is being stoked IMO.

However, that is not we are concerned about WRT Loopup, as I pointed out recently the fall in sterling against the US dollar should be positive for Loopup as a large proportion of receipts will be in $.

Currently the £ is dropping like a stone as the markets are not happy - down around 1.5% currently.

Bob - yes trust is an issue and needs restoration for a significant recovery, but what we have seen since the SP uplift on fantastic news is unjustified by any measure.

IMO it is actually down to other factors rather than any intrinsic problem, boredom, lack of interest and perhaps most important the general market pressures - IMO it may present a great opportunity for the brave (though some might say foolish). Time will tell

Not much to discuss here, hopefully they are getting on with the rollout of services to a plethora of new customers.

I honestly believe they will have been very conservative with their conversion figures having learned their lessons on overselling Cloud progress for 2022 in last year's RNS's - I'm hopeful they might at long last out-perform in this new opportunity and that might go some way to restore trust/confidence

According to reports there are over 100 dead as the flare up is on the border as well as the disputed territory - this coincides with when Armenia was entering a period when they turned over territory.

Looks a little like a contrived/deliberate instigation - maybe as an excuse to refuse to turn over territory.

I'm sure it's not impacting AAZ operationally, but it sure hurts the SP. WE just need things to get resolved.

Of course, we are all at least a little sceptical, but we have to retain a logical approach.

WRT the potential new customers, I'm sure discussions will have been held with them prior to the transfer - it is unimaginable that they were simply transferred without some reassurance on Quality of Service, security, costs etc.

My previous comment about transferring infrastructure, facilities and possibly staff is tied in with the above, the service will surely be transferred with as little disruption as possible, that means familiar protocols and service factors - the only way Loopup could possibly do that is use "SOME" existing arrangements and transfer essential staff - there is no way Loopup will have recruited and trained sufficient new staff for a "Big Bang" rollout - they've been trimming staff to the bone for a couple of years.

That doesn't mean they will be top heavy on costs - they'll right size dependent upon customer numbers that stick with the service. I also would expect them the run a parallel service to replicate the existing arrangement rather than give them an ultimatum to change - that was a disaster with meetingZone customers. Many companies actually don't like change and IMO they are the main target group.

I think we may be starting to see a bit of FOMO creeping in, and those that want exposure to a fully financed COPL are right to fear missing out of a surge in SP when it is announced.

An announcement could be weeks away or announced this afternoon, who knows - but now the last obstacle (updated reserves report) is now cleared, it is the time to sit tight IMO as a surge in the SP is inevitable sometime soon.

That RNS is very important IMO as it dispels any suspicion that the deal was exaggerated in some way or would take much longer to roll out (the trolls would otherwise have started on that tack, building doubt, very soon) - new revenues will indeed start rolling in and could even beat expectations rather than fail to deliver.

Even if the market does not react - it's great news, quantifying the potential in terms of real customers.

Very conservative £10 assumed out of a £38 ++ client book.

So there is indeed plenty of upside.

It must also mean Loop are getting some of PGI's infrastructure, facilities and maybe staff or they simple could not manage the transition of so many customer - remember they are enterprises not individuals.

Great and rapid progress.

The loss in SP from the highs of only a few years ago is between 98% and 99% - WhiteKnight14 is right in one respect our CEO's have performed abysmally - they have a long way to go to redeem themselves if they are not going to resign or be sacked.

The current SP and slight movement is effectively meaningless to long term holders (a Mars bar worth) and the important thing is that the company restores confidence and finally proves they are on the right track - then we should see the substantial movement we crave, sod the Mars bars.

I noticed sales of 50000 and 25000 shares for a few thousand pounds, and it brought it home to me the magnitude of the possible upward trajectory when considering the 50000 shares would have previously cost £250,000.

It's ever likely we get p*ssed off shareholders posting, I'm one of them but now I'm far more hopeful of a decent recovery.

There might not be much interest in Loop, but the flip side is that the shares appear to be in sticky hands now the profit takers have gone.

I noticed this over the weeks leading up to the news - practically no trading. It might not seem too important at the moment, but could make the reaction to a sustained flow of good news very interesting. An increase in volume could have a dramatic effect - good or bad

Apart from the one big contract delivered by Hybridium there has been no news on progress at all - surely they have won some new business as the target 8 for the year and particularly in the US where they partnered up with IT services company Emtec.

It may be small in comparison to other parts of the business but it would still be nice to hear how they are progressing.

According to the annuals they plan for:
"• Targeting 8 contract wins in 2022
• Launch of a London facility for LoopUp-managed events"

The most interesting aspect is the trail of the London facility, it is billed as a proof of concept and if successful that could be rolled out is many locations in the UK and overseas - IMO there should be a lot of mileage in that business stream.

WhiteKnight14 - don't be silly. Your posting history with this company demonstrates you are very bitter and nothing positive they do will now please you, verging on obsession with this company - it is the only one you post in.

50+ negative posts in 6 months since joining - you appear to have joined lse to rubbish the company

You are entitled to your opinion of course, but don't represent anyone other than yourself, and I severely doubt you even care what the RNS indicated.

If you are not simply a troll, then you need to move on if your shareholding is now meaningless - it's not good for your health.

PGI Connect is the operating entity from which we are acquiring (potentially) the new clients, it is clear they are a big player in this niche business area, it's pretty obvious from the level of business we expect to acquire £10m in the first year with the expected loss of some customers baked in to the figures. But the RNS also states that is business will ramp up over the year to provide the actual £10m - the logical conclusion is that the annual run rate once all customers are transferred will be much higher than £10m (in the same way out Cloud business wins ramp up though much faster I hope as the requirement is already established).

So I just took a look at the PGI Connect website, not much to be gleaned, except that their customers base is very large and US focused and IMO most interestingly they provide services to 75% of the Fortune 500 (essentially the biggest and most prestigious companies in the US).

Loopup supplying and thus having a foot in the door with such prestigious companies opens up some pretty obvious sales opportunities, I also expect they have some pretty useful second tier clients amongst their 60000 customers.

It really is a great deal and totally out of the blue, for the life of me I can't understand why we are being gifted this business opportunity so cheap - unless the company simply wants to exit the market to focus on other strategies.

https://www.pgiconnect.com/

I've just read the RNS again and it is actually excellent news by any standards.

The company believes it will make the revenue and profit it suggests and is NOT including the transfer of all clients, it is a conservative figure so in theory could be higher.

These are friendly transfers from an existing and presumably trusted supplier giving full support - so no reason to think it will be anything other than successful - the deals are ours to be lost.

On the debt front it should ease concerns and allow a new finance package to be negotiated. On that subject, the remaining loan (approximately £6m) is denoted in £ sterling and presumable much of our current revenue and the new deal are denoted in US$. I believe that could be very positive as the $ has appreciated by about 4.5% in just this month and some say could go to parity - that would super-charge the impact of US$ revenues when converted as a big proportion of our cost are in £.

IMO it could make a massive difference.

Ocelot77 - put the dampers on it there mate.

Now the excitement has subsided we can see some steady progress on the SP recovery, or not as the case may be.

IMO yesterday was partially sabotaged by insider trading and a few profit-takers.

I suspect the big shareholders are just as fed up with the SP as the rest of us - anything around the current price is meaningless as a marker of value it could be 5p, 9p or 15p, it's all valuing the company at effectively a zombie company (or lifestyle business for the directors).

I'm resigned to just see this out now, if they succeed the SP will soar, if not then IMO it will be taken out by a competitor for the client base and staff, so not much downside.

Apologies for my terrible typo filled posts, I must start to proof read.

Today must be viewed as a consolidation day, lots of buyers buy in in recent months at lower prices and will take the opportunity to cash up.

It is not a reflection upon the news, likewise I'm convinced some were tipped off and are profit taking and always intended to do so.

Is is the coming sessions that will count as the news sinks in, this is almost on no ones radar so minor selling will take it's toll.

All I can say is that I'm much happier today than I was yesterday with my shareholding even though the upward more as been modest. It must look more attractive to buy today