Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
only one item ? H2 was a disaster compare to H1 on revenue and number of users . this business is declining, no demand for there products
i can smell a pw number 2
waht is the cash position of aexg ?
just got a reply from Steve confirming my assumption, they had fewer users in Sep -Oct 20 that Jan- Feb even in the PS , i am out sold all at a loss, good luck with your investment
re: 40% its from 27 Nov RNS
Effective per-minute rates: c.24% lower (broadly consistent across PS and non-PS), driven by:
? Migration to preferred subscription pricing: committed subscriptions and minimum
spend term contracts (versus pay-as-you-go pricing) now accounting for c.40% of total
LoopUp platform business, up from c.30% in our half year report (accounting for c.10 of the
24 percentage points)
just before i leave you a nice wringfrom the shares magazine 27 Nov
Whilst trading through the Covid-19 crisis was always going to be difficult to forecast, what is most telling about today’s release is that LoopUp’s core conferencing revenues are now some 9% below pre-Covid-19 levels, despite continued high levels of remote working, and with even the more resilient professional services sector only up 6%,’ said Megabuyte analyst Philip Carse, who had warned of the threat from rivals back in July.
‘Put simply, the shift to IP-based and generally free at point of use conferencing services such as Microsoft Teams, Google and Zoom that was evident last year has now resumed, and actually accelerated, as organisations have implemented longer-term solutions to the new Covid-19 world.’
just logged in and sow the nice comment about me, thank you all. Now to the facts, Loop was my biggest holding in my portfolio till 2 days ago and it is still one of my bigger holdings. i have posted a question yesterday regarding the last RNS which i am worried that business are not booming as they claim even in PS. this should worry each one of you unless you are a PR for LOOP. I thought this forum is to learn about the company we are invested but seems like you only want to hear positive comment and don't let anyone raise any issues . Good luck with your investment
already explained in my first post today but sorry seems was not clear to understand. let's try again.
in the 27 november Loop compered September & October (covid) vs Jan & February (pre-Covid) See below.
if the number of custmers in Sep-Oct same as in Jan- feb how can "Minute volumes" grow be only 43% in PS? it should be 56% as the percentage average increase per user
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
i was quoting from the same update, they say the PS side are trading robustly but they contradict themself as in my post Minutes per user have increased which is good but they have fewer clients even in PS sector than in beginning of 2020 (before covid)
"main area of businesses continue to trade robustly" this is not the case please my first post today
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
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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”.
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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
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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.
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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%