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

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.

Lo-Q operating losses rise
StockMarketWire.com
Pre-tax losses at Lo-Q rose to £1.1m in the six months to the end of April - up from £942,482 in 2011.

Revenues increased to £3.7m from £3.3m but the cost of sales rose to £3.1m from £2.7m.

Operating losses rose to £1.1m - up from £956,341 a year ago.

Chief executive Tom Burnet said: "We have had an encouraging first half, contracting with both new and existing customers and ensuring that these new mandates were installed efficiently and effectively, ready for the important second half trading period.

"This we have done and I am delighted with the progress our roll-out team has made, with both new Q-bot and Q-band installations primed and ready for guest use.

"Now, as the important peak theme park season comes to life, we are ready to take full advantage of our increased operational footprint and look forward to a full year financial performance in line with our expectations."



At 8:59am: (LON:LOQ) Lo-Q share price was -3p at 301p

- since when the share price has comfortably doubled in 9 months...



One of the very best performers in my portfolio this past year, and I still hold most of my stake, plus additional short-term upbets along the way ;o)

Listen to an audio webcast with Lo-Q

CLICK HERE

INVESTMENT EXTRA: Queue up to invest in AIM star Lo-Q

By Ian Lyall

PUBLISHED: 22:30, 5 July 2013 | UPDATED: 22:30, 5 July 2013


The average white knuckle ride lasts no more than a couple of minutes, which seems scant reward for the hour spent waiting beforehand, wilting in the Florida heat.


And it was while standing in line with two warring adolescents, trying to avoid being molested by oversized cartoon characters, that one of those light-bulb moments occurred.


Wouldn’t it be good to have some sort of electronic queuing system, one that kept your spot and allowed you to rock up to an attraction just as everyone else was belting up ready to go?




Rollercoaster ride: Dolly Parton's Dollyworld uses Lo-Q's technology

It took less than 30 seconds using a smartphone and consulting the great oracle Google to realise that not only had someone else beat me to the punch more than a decade ago – the chap’s name is Leonard Sim – but that his technology is the heart of a very successful AIM company.


Lo-Q, run by former army officer Tom Burnet, was one of the stars of the junior market last year as the stock more than doubled in value. The ride has continued into 2013 as Lo-Q has advanced a further 50 per cent in the past six months.






More...
BEN GRIFFITHS on SATURDAY: Fraud is a hidden cost of hard times


Smartphones are at the heart of the new generation of queuing devices, although its most popular product is the hand-held Q-bot (which looks in size and shape a little like the tamagotchi virtual pets you could buy). It also provides Q-band, a special wristband for water parks.


Lo-Q’s customers – they include Dolly Parton’s Dollywood in the US and Legoland here in the UK – are able to charge a significant premium to those using this queue jumping system.


As such, it provides an important new revenue generator for businesses running at or near capacity.
The success of the technology is underlined by the trajectory of Lo-Q’s revenues and earnings, which are predicted to be £38.7million and £5.5million respectively this year, rising to £42.4million and £6.4million, according to the company’s broker Canaccord.


However, on most valuation metrics the shares look more than a little pricey, which begs the question: have investors missed the boat? The answer is a resounding no, according to CEO Burnet, who believes the leisure industry technology specialist is just warming up.


‘I genuinely believe people have not missed the chance to invest in Lo-Q,’ he said.


The potential impact on both the top and bottom line from entry to new markets hasn’t been factored into those numbers – the group recently moved into Turkey and Australia and is targeting growth in Asia and the Middle East.


However, longer-term this is a play on the unfolding mobile phone revolution and the ability of Lo-Q’s technology to bust queues of any description – not just the ones in American or British theme parks.
‘We are a business that transfers incredibly fluidly onto smartphone, whether that’s buying tickets, engaging with content relating to an attraction or whether that’s standing in a queue. The smartphone is designed to do that – we couldn’t be in a better spot.


‘If we capitalise on the opportunity that the technology, mobile and smartphone revolution is bringing our sector, then I think the opportunity exists to create a really very significant business – worth many hundreds of millions of pounds,’ Burnet continued.


‘I genuinely think we’ve just started getting going.’


OUR VERDICT: I met the impressive Burnet two-and-a-half years ago and he has delivered on every single promise he made when he took the helm of Lo-Q. The technology wasn’t in doubt. However, previous management had problems executing its strategy. Not any more.


This brings us back then to the valuation. At 30 times this year’s earnings Lo-Q appear more than a tad expensive.


It is worth pointing out if Lo-Q was Silicon Valley-based, investors wouldn’t be quibbling about the current share price.


Investors won’t be complaining either if Burnet and his team can harness the full queue-busting potential of the new wave of smartphones.


So sit back and enjoy the ride.