Member Info for lampedusa

many thanks for sharing, but it doses not address my concern about the PS side of business. if for example, they had on Jan - feb 2020 one thousand PS clients and each spent 100 minutes in these 2 months equel 100.000 minuts.
Loop said on 27 November : minutes per PS client increase 56%, so if the number of client stayed the same as Jan-Feb pried Minute volumes should also be 56% not less. which seems to sugest they losing PS clients as well

just had a chance to look at the last rns :
Minute volumes: 43% higher in PS, but c.10% lower in
non-PS, driven by:
Minutes per user: c.56% higher (broadly consistent
across PS and non-PS) resulting from the large
scale migration towards remote and distributed
working
If minutes per user are up 56% and minutes volumes are only up 43% dosen it translates that the lost some client even in PS sector?

Law firms ditch trophy office moves as pandemic reshapes City

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/e4f4e5f1-72b7-458a-a7bd-eb361cdc970b

Leading international law firms are ditching trophy office moves as they look to slash space by as much as 50 per cent because of the shift to remote working as a result of the pandemic.

Global firm Norton Rose Fulbright, listed DWF and London-based Fieldfisher project a reduction in floorspace of between 30 per cent and 50 per cent with workers planning to work more regularly from home. 

It comes just one year after a clutch of groups signed long-term deals on expensive trophy offices designed to lure graduates and impress high-end clients, which have cost them millions of pounds.

Law firm moves in London rank consistently as some of the largest and most valuable deals, according to property agent Cushman & Wakefield.

But after the global pandemic, firms are embracing a permanent shift to homeworking as they seek to downsize, modernise or sublet space.

The economic uncertainty and pressure on costs have also led those firms that have not already committed to moves to extend leases at their present bases or scrap relocations to expensive premises.

In December, top UK law firm Slaughter and May renewed its lease at One Bunhill Row in the City of London for 10 years, ending its hunt for a new London location.

Paul Stacey, Slaughter and May executive partner, said the firm had “completed an extensive search of potential properties across Central London” but decided the building was “an important part of our identity”.

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/e4f4e5f1-72b7-458a-a7bd-eb361cdc970b

California-based Cooley also extended its lease at its Moorgate office after the pandemic led to delays to its planned move to 22 Bishopsgate this year, according to an executive at the firm.

New York moves have also been put on hold. Elite “magic circle” firm Allen & Overy extended its lease for five years at the Sixth Avenue skyscraper it shares with peers Mayer Brown and White & Case.

It was in the process of moving to 45 Rockefeller Plaza on Fifth Avenue when the pandemic hit, but now wants more time to evaluate the situation, said a partner at the firm.

Yet, 2020 was

https://www.ft.com/content/a399c208-7027-4138-abbf-6c08ef818a44

The British office market is having one of its “Road Runner” moments. Like the coyote in the cartoon, it is still running forward despite having left the edge of the cliff some time before.

The vast Covid-19 economic stimulus this year has helped keep returns going for the sector, with central bank programmes pushing European bond yields into negative territory. Agents Savills reckons the average spread between them and rental yields on prime European offices is now about 3.25 percentage points, well above historical average.

That makes the sector still attractive to global investors, many flush with cash. But the glaring absence of the rent-paying tenants in their shiny offices (and shops) will no doubt catch up with the market as gravity inevitably does with the Road Runner’s nemesis.

Companies are busy planning for new working models in the new year and beyond — and the need for real estate will be structurally affected as a result.

Most bosses are delaying any major return to the office until the spring at the earliest, when it is hoped that vaccines would have reached enough people to restore some normality. Even then, many think that office needs will be much reduced after the mainly successful shift to working from home.

Reviewing property requirements is high on corporate lists as a result. Many companies plan to downsize, cut costs and push through permanent hybrid models of working between the office and the home. 

Google has told employees that they will not be expected to return to offices until September, and then for a flexible work programme with only three days in the office. Many others are making similar moves — and that potentially means discarding as much as two-fifths of their office needs.

Where companies have not been able to drop or negotiate leases, many are looking to sublet space, often at lower than market rents to rid themselves of the financial liability. 

London has seen among the largest rise in Europe this year of so-called grey space — the term for offices not technically on the market but empty and available — according to Savills. 

In the City, office vacancies have risen from 5.5 per cent to 6.5 per cent in 2020 — equivalent to about 9m sq ft — and the majority of this increase was from tenant-controlled space.

Remarkably, rents have dipped only a little last year, but that cannot continue. The City is heading for its lowest take-up for more than a decade, while there is about 15.5m sq ft of development and refurbishment coming on tap between now and 2024. 

There will

looks he needs some cash

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/593c0292-f5c5-44e1-9074-283a1821aa9d

Despite the surge in Cairn Energy’s share price, analysts cautioned it was unclear when India would pay the money.

“Although many years in the waiting, the question quickly moves on to when this might be paid,” said Nathan Piper at Investec.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found at https://www.ft.com/tour.
https://www.ft.com/content/593c0292-f5c5-44e1-9074-283a1821aa9d

Arvind Datar, who was part of Cairn Energy’s legal team, said he was “very happy” with the ruling that “is one of the few cases that deals with retrospective taxation.” Mr Datar said he believed India had the right of appeal, and “given [the] huge amount of damages, I suppose they will”.

below is from an employee October 2020
I worked at LoopUp full-time for less than a year

Pros

They are quickly canceled out by the cons.

Cons

- IMPOSSIBLE commission structure
- Leadership in the US is minimal/absent
- Embarrassing product that is difficult to sell, and you are forced to stick to scripts that aren’t impressive or alluring. So much so that they listen to your calls and tell you to stick to scripts that do not work lol.
- You will cold call all day everyday. They do not value any other marketing strategy. Almost no one is making inbound inquiries. The US has obnoxiously exhausted accounts.
- Far from merit based. It’s the luck of the account so if a mediocre worker gets the easier accounts and books more meetings without having a great pitch, they will be favored over an excellent sales rep with exhausted accounts. I’ve seen people get promoted that consistently took two hour lunch breaks and shopped online the entire day lol.
- horrible market for the U.S.
- below average compensation
-PLEASE read all one star reviews. When people began to leave there was a comment on how it was good because now the office quota would be lowered.
- If this company is your last resort, keep applying elsewhere.

Advice to Management

Diversity is absent and you know it. Pay people what they are worth. Become organized, you are no longer a startup. US is in DIRE need of more management. Spend more time on your product development.

i am heavily invested hear and getting very concerned
no director buying, horrible reviews from employees about the product offering that it's very difficult to sell.
Loop down today 5% and Zoom is up 5%

yrabsmurruc next time you contact them please send this link from an employee
https://www.indeed.co.uk/cmp/Loopup/reviews?fcountry=ALLMy time at LoopUp was very different throughout my tenure. It was exciting at the start as a first job out of college. I learned a lot from one particular person in management whom I viewed as a mentor, he was let go recently along with 49 others in a lay-off. Work was fun because there were good people around. Many (not all) at the executive level however, didn't see things as they were in the US and wouldn't adapt to markets here. Processes from UK were spread across global markets and when it wasn't working in the US, the executive team was tense, but still not willing to stop and understand things differently. The product is extremely behind in an over saturated market full of innovative competitors. Instead of expanding the engineering team and product roadmap, 40 new salespeople were onboarded and new offices opened to show growth to the stakeholders. Overall very average job with a lack of fulfillment. Job security was good but that doesn't seem to be the case anymore. This place is a stepping stone for experience and maybe a title advancement for your resume.

thanks for the post. how do you explain revenue for the last 2 months only growing by 6% in PS?

this the 4 time this has been delayd

you should thank me for helping bring the price down you should be able to pick up more on the cheap

been here many times before and traded kat but i feel a moral duty to warn newbies about the lies hear

Haneti Nickel Project - 35% was sold for £125k so don't believe post hear telling you its worth Millions

all pump and dump

this is very risky for all new investors Katora paid for the project around $750k how can this be worth now £10m?
the share can go up but the company is not worth even one million pounds, one day it will crash like the directors other company Kibo

Spoon you will not get an answer here for your q. they original deadline was 30 April . ask your self if its worth a Million why is Blyvoor giving way 50% for peasants?

https://www.upstreamonline.com/finance/kurdistan-operators-brace-for-more-financial-misery-over-output-curbs-pressure/2-1-872580

SigmaRoc (SRC:51p), a company pursuing a buy-and-build strategy in the heavy building materials sector, is navigating the Covid-19 crisis far better than analysts had predicted, prompting a round of earnings upgrades following a robust set of interim results. I flagged up the potential for upgrades when I last suggested buying the shares, at 41p (‘Targeting value plays’, 3 August 2020).

Acquisitions helped boost first-half revenue by 83 per cent to £54.5m, but the key for me was that like-for-like revenue matched the prior year and on higher profit margins, too, despite Covid-19 disruption. Importantly, the recovery is gathering pace in some areas. For instance, Poundfield, a maker of pre-cast concrete products, reported record revenue in both May and June, and CCP Building Products, a supplier of concrete blocks and aggregates, has seen demand return to normal levels. Analysts at brokerage Peel Hunt have taken note, upgrading their full-year pre-tax profit and EPS estimates by 42 per cent to £10m and 3.3p, respectively.

The acquisition of the outstanding 60 per cent interest in South Wales quarrying group G.D. Harries (GDH) is a smart move. SigmaRoc can implement operational improvements by using its quarry management and concrete expertise, source lower cost materials (especially cement), and expand the customer base eastwards towards Cardiff. Consolidation in local asphalt production looks set to continue into aggregates, thus offering scope for improved profitability within the industry. GD Harries controls around 14 per cent of asphalt production in South Wales.

SigmaRoc has bought out GDH for an enterprise valuation of £26.5m, equating to a reasonable 7.6 times annual cash profit. Factoring in GDH’s contribution, and the stronger recovery, Peel Hunt upgraded its 2021 pre-tax profit and EPS estimates by 7 per cent to £15.5m and 5p, respectively. On this basis, the shares are priced on an undemanding forward PE ratio of 10, prompting me to tweak my target from 60p to 65p, having first suggested buying, at 46p (Alpha Report: ‘A General Election winner’, 12 December 2019). Buy.

i am also very surprised KAT is worth £8mil . Kat paid into the JV less than a £1mil less than a year ago and you are telling me its now worth Millions ??
If its indeed worth so much why is our JV partner not ending the partnership as they are fully entitled to do so? Be warned!
you might lose all your investment. difficult to know when it will happen it might still go up a lot but its all manipulation