Member Info for steello

The buying is just relentless here

Me too

Bought back in here at 1.35. Need it to get to 197.50 to make my losses back :(

I’m out with a hell of a loss. Could have made a couple of grand if I’d sold out the same day I’d bought in.
Lesson learned and I hope it comes good for anyone that stays in

Numis had a broker rating of 6 quid of this last September

It’s got me beat. Nobody likes a big fall in profits but investors should look at the reason why.
I bought from 1.25-1.40 so I may as well sit tight now.
The other thing I noticed it that despite the huge drop in share price, I think there was only one decent sized sell, the rest are all relatively small amounts. Come to think of it, there doesn’t seem to have been many big buys either. Makes you wonder where all the sold shares are, can only think the mm’s are well stocked up no.

No encouragement to buy from the mm’s. Big spread again this morning.

Oh great, just me again ?

Well I’m still here. Surprised there was no real big trades reported so it looks like none of the big boys bailed.
I still think the huge drop isn’t justified so I’ll hang around for a bit like a bad smell

44.7% of the shares are owned by large holders and management funds.
This should help it move quickly as it recovers. There a good chance some of these holders will add at this rock bottom level.

Currently 1.30/1.34 looks like a lot of people have taken a quick 5% profit. I’d rather leave it and see where the price is in a few says time. I still want 1.50-1.60 and think it’s worth every penny of that

They’ve opened the spread right up to nearly 10% now.

2 price monitoring extensions so far. A busy morning !

I keep asking myself 2 questions. What am I missing that’s so bad ? and when will the heard arrive?

I’ve just doubled my money here for an average of 133. The market expected more for a company of that market cap but it’s not a bad rns.
Honestly, maybe 10-15% down sounds about right.
It was in auction for ages until it came out at 1.40 on the ask

No particularly big sells showing today, I guess they’ll all show at the end of the day.
I bought another £3k just to help it on its way up

Look at the rns for the reason : Subdued H1 2019 revenue in the Group's long-term LoopUp customer base:

· The Group is experiencing year-on-year revenue erosion of approximately 7% in its long-term established LoopUp product customer base, in contrast to net growth of 1% in FY2018.

· Rather than any material change in the gross revenue loss rate, the cause appears to be rather subdued revenue levels more generally across the long-term base. The Group notes that approximately 70% of LoopUp revenue comes from professional services firms. As such, the Group believes that this subdued revenue is a reflection of more general market uncertainties relating to Brexit and the global macro-economic climate.

Greater management and training required for rapid growth in pod staff:

· The Group has executed in line with its aggressive recruiting targets to increase the number of trained pod staff dramatically, from 63 at the end of FY2018 to 112 currently.

· Notwithstanding any further recruiting during the remainder of this year, current pod staff alone have the quota potential for approximate 14 pods once fully ramped into the system, and the Group believes this growth in pod team size will yield material future growth and value.

1.35 to buy so it’s ticked up. Maybe a few people will see a chance to make a few quid today?

Yeah, got to be 150+ I’m not planning on sticking around too long. I only put £5k in

For no good reason.