Member Info for yrabsmurruc

ALB....you are funny.......... do you also do kids parties [covid compliant ones of course]............B

nice little push today............ over 90 and I will feel much more comfortable....... seems an age since we were there, and like you HH, was expecting to see a quid way before now...............B

The Nov Trading Update stated "We have also continued to see strong momentum in our Cloud Telephony business since launching it onto our global cloud platform in July 2020. Here we remain confident in our ability to drive attractive, sustainable and profitable growth.".............. so if the gestation period is 6-8 months from July, we should expect the Cloud Telephony part of the business to start converting about now...........B

Nov 27th apologies.B

yep bigsmoke.......... and to think this was nearer £3 in Jan 19 and about the same sp in Jan 20....... kinda suggests the company is going backwards........... but it isnt!!............... so what is keeping the lid on the sp,? and as I said earlier, with no TR1s to reflect IIs offloading on Nov 21 when 22 M shares changed hands [only 55M with 30M supposedly sticky], it does make you wonder who is controlling the price and for what reason?........... Dont normally go for conspiracy theories, but something smelly here and even the BoD cannot find where the fish is hiding......... they have now asked for a copy of the most up to date share register I understand to see what gives.....B

it looks like peeps are sitting on the fence on this one........ waiting for the gaps in the Nov TU to be filled in...... I think Loopup have a £38M head start for 2021 revenue, but peep s want to see better guidance to make sure they beat the £50M revenue expected for 2020....... shouldnt be too difficult but lots of cash and highly profitable do not seem to be exciting rainbow chasers who would rather throw all their money at companies not likely to see any profit for 5 years....... AIM is weird...B

I agree IanB..... there is something not quite right here. On the TU day, over 20m shares were traded and considering that 50% of the stock was in BOD and II hands, one would have expected to see the share register to show movement. No TR1s. This was enough for the ceo to ask the nomad to investigate and nothing showed up. So what happened that day? And where did all the shares go?. I get the short at 2% but what about the other 20 odd million?. Thoughts on a postcard. B

In long. The ceo did tell me all his personal wealth is tied up in his share of loop, so would he contrive a sharp decline to make someone else rich at his expense. B

Yes IanB. As loopup stated in the RNS the global bank trial starts in December and have not updated that this did not happen, then one presumes it did start in December. So Dec, jan, feb hopefully leads to a March update. One could always hope there is an interim update that says trial going well, client pleased etc.....or they see enough to end the trial early. Suppose it depends on what deal is in place. So is it a free proof of concept trial or are they paying. Either way there has been no contract news for 6 weeks, so something must be due soon. B

I suspect the holding pattern of 80-85 will remain in play until news sets direction. I had rather hoped that any pipeline contracts in the summer would have materialised by now given the 6-8 month gestation period that Loopup have set for winning business. the 3 month trial with a biggy client should complete Feb/March and may be would get included in the next TU.......... a does seem to be takings its time to march back over a quid.......... I have topped up in the 70s....... and now it looks like the 80s is the new floor.... roll on the 90s.............B

Sarah, because he is an idiot , you answered your own question. Podcast anyone. I am sure Andrew will say we don’t understand the rns and all is good, something he has done many times. B

Buying sub nominal....... nice. B

afternoon NH......... still wading through the carnage on the VAST Board.................I may share my cake with some very upset holders over there......... I think Peters attributes have rubbed off on their CEO........... one disaster after another. B

so, another Arfur Daley special....... so the Bank have only just realised that Vast operate in 2 jurisdictions... obviously didnt need to be on the application form... now the bank manager has asked the question and didnt like the answer....... if only AP had mentioned it last May.............. B

Good posts......... so why the lack of price movement?....... Is the next RNS the catalyst if it converts more pipeline to contracts. Confirmation the 3 month trial with the big institution is going well would be nice. B

The happy market doesn’t seem to have rubbed off on loop. B

Lamp, Steve F sent me this comfort soon after the Nov update: I am sure he is happy to share:

When considering future FY21 revenue estimates, elements to consider are:
o Our estimated ingoing £34m Annualised Revenue Run-rate
o On the potentially positive side:
§ New business won from our existing and fast-growing pipelines
· We are incredibly excited about the unprecedented early stage sales cycle momentum we’re seeing on the Cloud Telephony side, in terms of high quality inbound lead gen, rate of pipeline build, and level of customer engagement

· Having said that, please note that this is indeed *early stage* sales cycle and: (a) we are yet to generate data or a track record for conversion in this additional Cloud Telephony commercial focus; and (b) our 6-8 months sales cycle estimate is indeed only an estimate at this time rather than a proven data point

§ Ironically on the positive side in a forward-looking sense, please note the 24% price reduction in core LoopUp Platform products (Meetings, Cloud Telephony and Events) versus pre-pandemic levels. The 2 key underlying drivers here are:

· c.40% of business is now under committed term contracts (average of 2-year term as per the half-year report), which should be positively protective in a forward-looking sense

· The largest-driver is a change in call mix, most notably towards less international calling. In a forward-looking sense, it is probably reasonable to expect a degree of positive re-dress in due course if international business returns alongside the ebb of the pandemic

o On the potentially challenging side:

§ Minutes per user remain 56% higher than pre-pandemic levels

· It is probably reasonable to expect that this may decline as the pandemic ebbs. I think general market commentary would suggest that it is unlikely to return to pre-pandemic levels and that a degree more home and distributed working is here to stay. However, minutes per usage may well stabilise somewhere between current levels and pre-pandemic levels

§ In our non-core, non-PS markets, we are clearly seeing higher churn in the face of market conditions and competition

· It’s probably reasonable to assume that we will continue to see unwanted churn here

· However, please note that this area under threat now only accounts for 14% of our LoopUp Platform revenue run-rate (14% of £28m)

§ We are also seeing churn in our non-core WebEx resale line of business

· Yesterday’s RNS put current run-rate here at £6m, but revenue was £8m here in FY19

· However, please note that this line of business is materially lower gross margin (c.25-30%) and so churn here has less impact to sub-GM profitability

It does strike me as odd that with Lockdown 3, there has not been a tick up here to acknowledge that WFH is now more likely to be a 2021 thing as well as a 2020 thing.............B

21M volume 0ver 270 trades..... higher than mega placement news day.......... I am sure that is a good thing. B

another 10M plus volume day.......... hopefully the churn will move the overhang from sharks to the allotment...B