glennborthwick
- 22 Aug 2006 14:46
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
argos7
- 10 May 2007 13:09
- 37 of 124
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!
glennborthwick
- 15 May 2007 11:38
- 38 of 124
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
argos7
- 15 May 2007 22:45
- 39 of 124
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?!
glennborthwick
- 18 May 2007 10:04
- 40 of 124
no thats the paper version, but expect qbots there and in 7 others next summer
argos7
- 18 May 2007 17:49
- 41 of 124
paper version, please explain who owns that?
glennborthwick
- 22 May 2007 10:22
- 42 of 124
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
argos7
- 22 May 2007 21:03
- 43 of 124
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!
argos7
- 22 May 2007 21:03
- 44 of 124
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!
glennborthwick
- 23 May 2007 12:20
- 45 of 124
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
glennborthwick
- 22 Jun 2007 09:54
- 46 of 124
possible breakout today
argos7
- 22 Jun 2007 10:10
- 47 of 124
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.
glennborthwick
- 22 Jun 2007 11:36
- 48 of 124
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
argos7
- 22 Jun 2007 13:07
- 49 of 124
glen on the share liquid issue people that brought at 2-10p cheap, will probably think about selling giving the uncertainty of the whole market at the moment improving share volume, there are more options for directors also, spread was at 5% this morning a first! We are on the ride now!!!....
glennborthwick
- 22 Jun 2007 13:30
- 50 of 124
sems like ive been on the ride since single digits. this thread started less than a year ago at my tip price of 17p so anyone who bought into the story is now up nearly 150%. there are a lot of tight holders here . evern with a vaguely fair wind it can easily be making 2 million in a couple of years time and a pe of 12, makes a share price of 150p so plenty of juice left yet
glennborthwick
- 25 Jun 2007 10:02
- 51 of 124
spike to 50p today
Big Al
- 25 Jun 2007 10:58
- 52 of 124
Lo-Q PLC
25 June 2007
Lo-Q Plc
Lo-Q plc ('the Company' or Lo-Q) notes the recent rise in its share price. The
Board of Lo-Q confirms that it knows of no specific reason for the recent
increase in its share price.
For further information please contact:
Jeff McManus, Lo-Q Plc - 01491 577 210
Romil Patel, Blue Oar Securities Plc - 0207 448 4400
glennborthwick
- 25 Jun 2007 14:05
- 53 of 124
is the word specific important - normally they just state no reason. My guess is current trading is good
oilyrag
- 31 Aug 2007 07:46
- 54 of 124
Glen, can you shine any light on the sudden fall in sp. Interims seem to be in line with expectations. Is it just the current market conditions making this a buying opportunity, or is there some bad news in the background. Your comments would be appreciated. Thanks.
glennborthwick
- 28 Jan 2008 09:15
- 55 of 124
this is still a bargain in these dire markets. just announced 500k profit on market cap of just 3 million, plus have 600k in cash in the bank, plus new parks on stream for coming season
glennborthwick
- 05 Feb 2008 13:31
- 56 of 124
further good news. trial starting at drayton manor in may. market cap still around 3 million, pbt of 500k, 600k cash in the bank. rumours of hershey park possibly being added and six flags adding two new sites over the next two years. I also expect silver dollar city to add lo-q products next year. Profits next year should be 1 million so ona forward pe of 12 share prcie could be three figures against 26p now