First class interim results
top line growth 74%, yet costs only up 24%
they will have the best part of 700k cash at year end

corporate synergy note suggest eps of 2.09p for the year , current share price 17p

dollywood contract very likely
more parks very likely
no debt

LOQ must be one of the best risk reward plays out there

07/04/2009

Aided by a strong dollar and growing demand, Henley-based virtual queuing systems provider Lo-Qs profits more than tripled in the year to December.

The company, whose Q-bot radio-controlled devices allow theme park punters to avoid queuing and pursue other activities while they wait for rollercoaster rides, grew sales by 73% to 7.8m, with revenues boosted by a favourable sterling-dollar rate, a rise in the number of theme parks using Lo-Qs products from eight to 11 and an increase in the selling price. With costs largely stable, pre-tax profits grew by an impressive 236% to 1.85m, sending earnings per share 246% higher to 11.99p.

Since the year-end, the number of parks employing Lo-Qs technology has risen to 15, including Europes second-largest theme park owner, Parques Reunidos, poised to launch Q-bots in Italy this Easter.

With Europes number one group Merlin, owner of Legoland Windsor, Alton Towers and Thorpe Park, among others already a customer, executive chairman Jeff McManus says he is in talks about expanding current deals to include other parks.

However, McManus admits there are sizeable cost outlays for parks wanting to add Q-bot systems as they have to build new entrances for each ride and some have paper ticket systems in place already. He assures that the industry believes it is more recession-proof than many others exposed to consumer spending and that US customer Six Flags benefited from people eschewing foreign holidays.

Forecasts for 2009 point to pre-tax profits of 2.5m and earnings of 17p, placing Lo-Q on a miserly prospective price-to-earnings ratio of 3.4. That rating reflects Lo-Qs dollar and consumer spending risk, but also leaves potential for bumper gains.

i have no holding, i thought it might be helpful for holders,taken from gci site.

hitting 60p now.

hitting 60p now.

just me then

now a 4 bagger. AGM soon.

now 84p and gaining lots of coverage

Wait till the summer - don't think people have taken on board the extra volume being sold this year, although tbf park attendances yet to be seen.

Six Flags Inc., the world's largest regional amusement-park company, filed for bankruptcy protection early Saturday.

The theme-park company, shouldering more than $2 billion in debt, had been racing to restructure outside of court, negotiating with lenders, selling parks and laying off staff. But it couldn't outrun the deteriorating economy and a looming $288 million payment due preferred shareholders this August, along with $31 million in unpaid dividends.

Six Flags, whose theme parks attract more than 25 million visitors a year, said it filed Chapter 11 with a prearranged reorganization plan that garnered unanimous approval from its lenders' steering committee. The plan would deleverage Six Flags' balance sheet by about $1.8 billion and eliminate more than $300 million in preferred stock obligations, the company said.

Low consumer confidence kept attendance down at Six Flags' 20 parks, which dot several cities across North America, including Chicago, San Antonio and Mexico City. Revenue fell and the company delayed certain debt payments.

Six Flags' Chapter 11 filing marks a setback for investor Daniel Snyder, the Washington Redskins football team owner who took control of the theme-park company in a contentious proxy fight in 2005 and installed his own management team. The bankruptcy would likely wipe out Mr. Snyder's stake.

In a statement on the filing, Six Flags didn't address Mr. Snyder's stake. A Six Flags spokeswoman didn't immediately return a call seeking comment.

In the midst of his battle to wrest control of the company, Mr. Snyder wrote a letter to Six Flags stockholders saying they "would have been better off hiding their money under a mattress" than investing in the company under its prior management.

"The current management team inherited a $2.4 billion debt load that cannot be sustained, particularly in these challenging financial markets," said Mark Shapiro, Six Flags' chief executive, in a statement. He said operations of the company's parks would be unaffected by the filing and that Chapter 11 protection was sought solely to "clean up the balance sheet."

Also losing out on Six Flags' financial rollercoaster: Microsoft Corp. founder Bill Gates, whose Cascade Investment LLC owned about 10.2 million shares.

Six Flags failed to get last-minute concessions from lenders out of court. A deadline for debt holders to swap certain notes for equity expired Friday night. The park operator had extended that deadline by more than two weeks after falling well short of a 95% targeted acceptance rate.

Mr. Snyder's team, led by Mr. Shapiro, a former ESPN executive, had made some progress of late. Six Flags sold 10 parks and laid off about 300 workers. It tried to make its parks more "family friendly," banning smoking in most areas.

Last year, Six Flags brought in more cash than it spent for the first time. The company's losses narrowed in 2008 to $112.9 million, about half those of a year earlier. Sales nudge 5% higher to about $1.02 billion.

But last summer's record fuel prices, plunging consumer confidence and deteriorating credit markets weighed on Six Flags' balance sheet. The company lost even more money when the recent swine flu outbreak forced a temporary closure of its park in Mexico City.

A few months ago, Six Flags hired law firm Paul Hastings Janofsky & Walker LLP to prepare for a bankruptcy filing. It also hired Houlihan Lokey Howard & Zukin to negotiate with creditors.

Proactive Investors One2One Forums

The directors of Lo-Q (AIM: LOQ), Stanley Gibbons (AIM: SGI) and Sinclair Pharma plc (AIM: SPH) will be presenting:

Thursday the 25th June 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

Register FREE, click HERE
These really are superb evenings set in a wonderful location, in the heart of Mayfair.

The evening is entirely FREE, and you can take the opportunity to chat and network with the presenting CEO's, industry professionals, and fellow private investors in a friendly networking event after the presentations.

If you have any problems registering or queries please email action@proactiveinvestors.com


Please note the nearest tube stations are either Green Park (5 minutes walk), or Bond Street, (7 mins).

All,

Don't forget, LOQ are in town on Thursday, and these presentations are well worth attending, in a superb setting, and a rare opportunity to chat with management informally after the event.

-----------

Proactive Investors One2One Forums

The directors of Stanley Gibbons (AIM: SGI), Lo-Q (AIM: LOQ), and Sinclair Pharma plc (AIM: sph) will be presenting:

Thursday the 25th June 2009
Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

Register Here. http://www.sign-up.to/signup.php?fid=1816&pid=7163

These really are superb evenings set in a wonderful location, in the heart of Mayfair.

The evening is entirely FREE, and you can take the opportunity to chat and network with the presenting CEO's, industry professionals, and fellow private investors in a friendly networking event after the presentations.

If you have any problems registering or queries please email action@proactiveinvestors.com


Please note the nearest tube stations are either Green Park (5 minutes walk), or Bond Street, (7 mins).

Sorry folks, missed the date......DOH!
Yet, nearly a year-on . . . .
Little comment here on the likely demise (DYOR) of (US-)SixFlags, that was trumpeted by LoQ partly because they had little else to shout about.....
Yet, curiously the Stock-Market thinks this penny share is worth over 1.
Obviously the US- theme-parks will continue, but maybe not so lucrative for new contractors...?...Assuming a new business emerges, etc.

Nice Ad. for ProActive, Andy. . . . . . . . . were you there?

I used to have StanleyG and LoQ . . . . . . got shot of them both: because SG creates a Tax Nightmare being "overseas" and LoQ because it never did anything to create turnover. Also, I suspect a Mobile phone can/could now do the same job far cheaper and the operator doesn't need to supply any "kit"....so I've missed out on the recent fantastic rises...boo-hoo...still SG was up %% so I get it right sometimes.

CC
where are you? just doing my research.-)
good luck
regards
jkd

Tuesday the 11th May 2010 - Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The directors of Allocate Software (AIM: ALL), Lo-Q (AIM: LOQ) and ImmuPharma PLC (AIM: IMM) will be presenting:

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.


FREE registration - http://www.sign-up.to/signup.php?fid=2023&pid=7163


Nearest tube stations are Green Park or Bond Street

jkd - Sorry I missed your post on 28th. I bought 3000 on 24/03 @ 100 sold @115 on 31/03. Bought 4000 on 31/03 @120 sold 2000 @ 130 on 20/04. Sold 1000 @ 135 on 28/04. Holding onto remaining 1000, hope that answers your question. Good Luck, Regards CC

loq one to watch i feel with new ceo coming in 5th october along with a trading statement+water park product.

loq on the move today will we finally get a divi this year?

The directors of Lo-Q (AIM: LOQ), e-Therapeutics plc (AIM: ETX), Asterand (LSE: ATD) and Norcon Plc (AIM: NCON) will be presenting:
Thursday the 3rd March 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB

The presentations will start at 6:00pm and finish at approx 8.00pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

This event is suitable for the following:
Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/102

If you have any problems registering or queries please email events@proactiveinvestors.com.au.

LOQ is now almost a two-bagger for me, but it seems that appreciation of the business is starting to spread given the recent rise to 175p.

The current business - with 4 new parks added just this year - should be capable of say 18p-20p EPS in the next year or two. Perhaps more.

But in addition you've got:

- a market-leading and completely new product for waterparks across the world currently being tested for near-term commercialisation
- and the expansion of the core technology into potentially myriad new applications to do with queueing and waiting

If you were to value such potential on a commercial basis you could be looking at a valuation a number of times the current price. It's then a question of the timescale attached to that commercialisation and discounting the value for the likelihood of success or failure.

I'd say the chances of success for the waterparks product are now extremely high given the success to date and the apparent interest.

More likely rising for interims on june 22nd, possible few bob to be made between now and the 21st.,.

AIM-listed Lo-Q will release interim figures on Tuesday, and they should be good. The specialist in virtual queueing technology, used in places like theme parks, has seen its share price rise nicely over the past few years, growing from a mere 16.5p in 2008 to £3 today.