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

and gas prices down- look out for six flags update thursday evening. I hear season ticket sales are well up. Stron performance today for loq - up 18% - i expect finals to be out soon after sf update with new park annoucnement alongside it

LOQ had a good day again today glen, spread is very high. I wished I purchased at 25p ish sometime last week!

Posted: Mon Mar 12, 2007 11:35 pm Post subject:

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loq have announced prices for 2007 5% higher than last year and Im told 10% more capacity

Factor in more gold q bits I expect this years revenue to be around 2.8 million from exisiting parks, 1.2 million from 3 new additions making a total of 4 million. cost of sales 1.2 million and fixed costs of 1.5 million means a profit next year of 1.3 million - market cap today of 5 million

i think fair pe is 12-15 so share price this time enxt eyar should be 120p - 140p

price now 30p

thanks again for the update glen, I am looking to get in sometime soon, I am hoping the US retails sells drive the price lower this week.

glen LOQ results fiinish in 15 month intervals this year to march 07 as last year was 15 months to dec 05, i purchased to early as though results were out late march.... Results out i guess in may/june. Thens thats the time to buy more, the new park is on the map on the LOQ website I noticed not been to press yet!

hi argos - the 15 month timeframe wwas a one off as they wantedto move the results to a similar pattern as the themepark industry im expecting a six flags update wednesday tehn moe end of June. thempark attendees are reporting loq's qbots being in such demand they frequently sell out and we are no wwhere near peak season

thanks for the update glen, it seems to good to be true that the qbots are selling out this early in the season, I hope they can be moved to parks were demand is higher, I ask this at agm! Maybe 6flags can pay 4 more qbot to be built.
Sixflags update tommorow there a flash pass link on the six flags website and you can buy qbots on there site, I hope loq get a decent % of online flash pass sells! I estimated 2 million profit a bit OOT i feel! Will be buying more if six flags update is good!

sicxflags update excellent even called stellar by one analyst - park spending up 20% on 10% less operating days. CEO quoted as saying qbot flashpass sales early season are "very strong". The vip program which includes a qbot is set for higher prices due to demand. Dollywood qbots are selling out daily as well. Next six flags update end of June . Its what i love about this stock is the visibility. You get these clear updates from six flags well in advance of loq updates so you know how the season is going. 70% of all income will now drop to the bottom line and I expect them to make 1 million this year so a pe of 4.5 on a growth of 300%. Its a no brainer that the share price will be three digits in 18 months time.

cheer glen, i listened to the update online so much info in it that I have to listen again, attendance up 6%, true about less operating days which will mean more qs!!!! hence more need for flash pass/qbots I am confused that six flags seem to think they own the flash pass though! 27% increase in online tickets sells, more flash pass seems to be required and seems that only VIP tickets will get them in summer....???? 1st quarter is only 5% of sixflags income..., from what been said it will be a lot higher for loq!

not quite right about only vip customers getting them in summer. The number of flash passes are limited but are substanially mroe than last year - its also a fluid pricing system so on quiet days they are 30 dollars and on busy days 40 dollars so loq have a great deal of pricing power. 70% of all extra income will drop to the bottom line - im expecting income to nearly double to 4 million and profits to be over a million this summer

glen glad to here more qbots than last year! Check out the six flags site on buying the flash pass, there seems to be more parks listed there than loq operates in, namely Califonia/LA, more parks to be updated?!

no thats the paper version, but expect qbots there and in 7 others next summer

paper version, please explain who owns that?

its a system six flags used years ago , bit like getting a ticket at the deli counter . They never upgraded magic mountain as they were contemplating selling the park. also loqs cash shortgaeg two to three years ago emant they reduced the capitla spend (it was meant to be in 10 parks but they stopped at 4, now in 7).

Current trading is rumoued to be fantastic. They have for example taken on 10 cashiers at the new jersey six flags whwre last year there were 4. Dollywood qbots are regularly selling out and getting rave reviews and prices are between 5 and 10% higher this year in all parks. Also the VIP version is being rolled out to all 7 parks at $50 dollars a pop more. This is a watershed year for LOQ

glen you sources are good again hope they are right. I think dollywood will be they key, we see on results before ints ending june out in november ish, I get the directors buy again if what you say is true. If results are good expansion must be on the cards in US and Europe, I would like a deal with Austrailia parks also for all year cash flow.... Sixflags annoucement is June for Q2. I hope they have enough Qbots. Agm on tuesday cant wait!

glen you sources are good again hope they are right. I think dollywood will be they key, we see on results before ints ending june out in november ish, I get the directors buy again if what you say is true. If results are good expansion must be on the cards in US and Europe, I would like a deal with Austrailia parks also for all year cash flow.... Sixflags annoucement is June for Q2. I hope they have enough Qbots. Agm on tuesday cant wait!

dont expect too much info until after the six flags end of june conference cal. I get the impression they never want loq to report figures before them

possible breakout today

that for sure, here we go, 250p by xmas! glen we can buy small small amounts of share in 500 a time interval thats all. six flag webcast was good not sure if sixflags focusing on other events will pull customers away from rides/qs.

i think if the people come through the gates , thats all that matters. LOQ increased revenues 74% last eyar ona 12% drop in attendance so its a strong developing model. Interims in a couple of months should be interesting. I expect loq to be in all six flags 20 parks within three years and proably 4 or 5 other chains as well. they could easily be turning over 20 million a year and making 4 million a year profit , pe 12 means share price of 300-400p. that would be my 3 year price a target