Member Info for RichWG

Smartinvestment

If you give your wife dishwasher tablets for her birthday then you may need to reconsider your future investment plans!

Also, just to say I am a long term holder, undewater, and still waiting for a return. I read this chat forum regularly and find your (and others ie AJP08) take on current status very stimulating.

Thanks for that.

Watched with interest, (should have watched earlier), perhaps I am too easily impressed, but I was. I am a long term holder and have been thro' a lot of false dawns, but can forsee 2026 being a pivotal year, if not, I will be questioning ITX as an ongoing investment.

R

As I read it they need 75% shareholder support for this sale. Like you, I feel well and truly shafted.

They currently have 44% support for the sale.

I suspect there are a lot of shareholders who have paid well above 10p/share, me included, that do not wish to sell at 10p.

Presumably there has to be a shareholder vote?

I know how I will vote.

Nafanny1.

Good to hear, as I am a long term holder of these shares.

As a seasoned gym goer I would ask that you update us re gym usage, after the 'new year resolution' surge has declined, typically early Feb. If gym is still rammed, then a rise in the share price is a probability.

Loopup is now listed on JPJenkins website. I had my doubts!

My shares are held by ii investments broker.

How exactly I go about selling - not sure but probably figure it out

Anybody withh ii who who has sold unlisted stock through JPJenkins?

Presumably if you take the share certificate and are unable to sell due to no buyers (no demand or worthless share price) you can record it as a loss.

Am I right in presuming that once loopup de-lists, selling (and probably buying) shares at a realistic price will be v. difficult/impossible. So those of us who opt for a share certificate are 'gambling' on a future re-list.

Suspect a 100-1 outside chance?

Unhooked, also my strategy.

The liklihood of finding a 'matched' buyer to sell my shares at a profit, after de-listing will be low, even if Loopups fortunes change.

I suspect Management will suck out any profits in bonuses etc.

But! - your bit about private equity making money by re-listing, obvious, when I think about it, gives me a glimmer of hope.

So, paper share certificates from my broker in the draw and hope by the time they are worth anything I remember I still have them, assuming I'm still in the land of the living.

High revenues can be 'vanity' if there are minimal profits. I know values are often formulated, based too much on revenues, misguided perhaps in this case?

Something had to give, but possibly a bit too early, have to wait and see.

Turnover is vanity, profit is sanity!

As I see it if Loopup do no go private, the high debt they have will be their demise.

Once private the existing shareholders still own the company.

Looking at the encouraging progress, Loopup may prosper and re-list - ever the optimist.

There will be a 'matched bargain facility', by a third party, but unloading (at a profit) our shares will be tricky after Loopup de-list.

I still own a lot of shares, worth a fraction of what they cost me, so I will hang on for a re-list.

Exactly as I see it.

Hopefully they have learnt some lessons??? and do a better job second time round.

I hope so, as I am sticking with them for now as I still have significant number of shares that are worth about 5% of what I paid.

He may know something we do not and expects Loopup to flourish once private and with additional £9M.

In which his increased holding will earn him money, particularly if Loopup relist!

Agree selling shares after delist might be difficult/impossible at a profit?

I am well underwater with this investment.

The 23 preliminary results and forward look ahead indicate a possibility of a turnround.

Now the CEO's are planning to delist and benefit from this turnround and leave the shareholders in the **** .

I would rather lose all my money and see the company go bust. I am fed up of financing two overpaid CEO's to benefit from the shambles of their own making.

I for one will be voting to stay in AIM.

What's the consensus?

Just checked. Funds from FIF sale now in my account!!!!

Anybody had their money from the sale yet? or is my Broker dragging their heels! It was due to be paid within 14days of 18th Oct so by Monday?

I have my eye on some Burberry Shares as a recovery punt, but may 'miss the boat' if FIF money is delayed.

42% rise!

Where have all the pump or dump punters gone, or is this just a pump scenario with a dump to follow? I suspect so, but I'm staying put.

Ditto - just converted my 'dividend pot' into a shade over 82k ITX shares.

Thats it for now - a bit top heavy with ITX but confident (as much as you can be on AIM stock?) they will show a profit before year end, possibly before end July 23.

Spooky - came to same conlusion.

For over 3 yeas I have had expectations of profits from my ITX shares that I have that added to regularly, based on my own research and info posted on this board.

So far I am underwater by 30%, but still believe this will eventually come good but I cannot expend any more effort on these, so bottom draw it is till 24.

AJP,
Just to advise the 100,000 trade was a buy (by me) the two preceding trades were also probably buy.
If the other trades can be believed the days buys/sells were much nearer to balanced.
That said I alao suspect the mm's are preparing for a run on the shares.

13martyn13
First post in almost 6 months, lifted my spirits somewhat, as I have been invested in these for a few years , watching them drop.
I hope your expectations are met, which may result in me breaking even or dare I hope for a bit of profit?