Bullish engulf detected on fridays daily chart!24 Oct 2020 12:43
The SP closed on the consolidation top line! will it break its consolidation and resistance of 109 ? If it does the upside looks very interesting! Definitely moving places! + they preannounced some negative results! The market has digested this negative results so nothing more to add on the 30th of this month! I can only see this moving upwards once this 109 is broken’
Toople PLC (LSE: TOOP), a provider of bespoke telecom services to UK SMEs, is pleased to announce that it has sold a range of new IP cloud based services to an existing client in a 36 month extension to the existing agreement, significantly increasing the value of the contract.
In March 2018 Toople announced that it had signed a new contract with a London based bakery, to provide full telecom services to their 52 retail sites and their company headquarters. The bakery has since expanded its footprint to over 70 retail sites and continues to grow its estate.
Toople is now contracted to provide telecom services to all these locations, including broadband, telephony and mobile Wi-Fi, plus high speed broadband and Wi-Fi services to the bakery's headquarters and distribution offices. Toople will replace standard broadband with superfast fibre-optic broadband in each location, where available.
Additionally, Toople will now be responsible for rolling out cloud telephony, as well disaster 4G backup recovery systems, in each location. This will ensure that the business has seamless connectivity in the event of outage and can continue to function with online delivery platforms.