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

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

spike to 50p today

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

is the word specific important - normally they just state no reason. My guess is current trading is good

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.

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

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

dont know if anyone is reaing this but more fantastic news. Legoland (merlin) have announced a new LOQ system for this year today. Market cap still minscule for these world leaders. proiftable, no debt, 600k cash in the bank..........need i go on

This looks good value at the present price, I think - year end results due mid to late April.
Lo-Q plc supply the Theme park and related market places with their dynamic Queuing systems.
Six Flags, Inc. is their main customer. It is the largest regional theme park company in the world.
Lo-Q plc are gaining significant traction with contract wins in Dollywood and Legoland (UK) and increasing no's of Six Flags parks (2008)

Feb '08 . Wins contract in Legoland -( Merlin Group)
Feb '08 . Text-Q trial with Drayton Manor Theme Park
Jan '08 . 2007 PBT over 500k, Cash over 600k
Jan '08 . Six Flags contract extended to 2010
Jan '08 . Another Six Flags park added
Nov '07 . Announce purchase of Q-Text
Apr '07 . Announce JV with Poximities Inc
Feb '07 . Announce contract in Dollywood Theme-park
Nov '06 . Announce expansion to 7 managed Six-Flags Parks
Also quite interesting - a VERY high proportion of shares held by Directors, which I always like to see.
Regards
Steve

Shares in Issue - 15,321,101
of which 39.57% are not in public hands
Major shareholders and directors shareholding Number of Ordinary Shares % Issued Share Capital
Mr Leonard Sim Director 4,398,575 28.71%
Barclayshare Nominees Limited 908,121 5.93%
Mr Jeffrey Robert McManus Director 903,414 6.22%
Sinjul Nominees Limited 760,000 4.92%
L R Nominees Limited 613,319 4.00%
Mr Ian K Johnson 580,000 3.79%
Mr Robin Nicholas White 488,000 3.19%
Mr John B Clarke 443,300 2.89%
Mr Antony Bone Director 240,079 2.16%
Mr Steven Drake Director 234,384 1.53%
Mr John Lillywhite Director 145,500 0.95%

results today , net profit 550k, 600k cash in the bank, 40% growth, eps of 3.6p. share price 26p market cap 3.5 million. strip out the cash and pe is less than 6. bargain. nother 40% growth should happen this year. they already have two new sites signed up plus have bought out a text phone version in 6 installations.

agm next week and six flags update on the 8th may.

Weather in the states ahs been great for LOQ so far. cn see this making a million this year so on market cap of 4.2 million its laughably cheap

Good interims....

fantastic interims - will make 1 million this year, and PE is sub 4. will have 1.6 million of cash by this time summe ron market cap of 4.5 million. Bargain of the century

also magic mountain park in california are signing on the dotted line,

Yes super value...

ttt

wow 1.4 million profit coming, market cap 5.2 million

Possibly talking to myself here but here goes anyway. Some predictions for this and next year. Last weeks announcement confidently suggests turnover of 10 million and profits of 1.4 million for this year. (they will already have 90% of income in the bank as June July and August account for that). With 600k already in the bank they will have 2 million in cash by year end

Their job adverts for managers in California suggest MAgic mountain is an addition for 2009. I expect Legoland California to also sign up plus possibly an asian park.


Gross margins are 30% and each decent park should add 1 million to turnover and 300 000 to profits. I suggest organic growth of 5% in parks (higher prices, moreqbots etc) for 2010.

So for 1 additional park I expect
10million x 1.1 x 1.05 = 11.55 x 30% margin = 3.465 million profit less 1.6 million fixed cost = 1.865 million profit next year.

With extra parks = 10 x 1.05 x 1.3 = 13.65 million x 30% margin = 4.1 million - 1.6 million fixed cost = 2.5 million.

So market cap 4.3 million, 2 million cash in the bank and projected 2009 profit of 1.8 to 2.5 million dependent on park sign ups. 13p t0 18p a share

Still multibag territory and my target price 80p to 140p a share. Current price 30p

dollar now 1.68 to the pound instead of last years average of 2 dollars . great news for loq

massive news on six flags conference call tonight which hasnt hit the market yet

THE CEO OF SIX FLAGS HAS STATED
"WE HAD 1 MILLION MORE USERS OF FLASHPASS THIS YEAR" AND "WE INTEND TO ROLL IT OUT TO TWO MORE PARKS NEXT YEAR"

so average price per person on flashpass is 17 dollars, so lo-q will have earnt 17 million dollars in revenue which is about 10 million pounds. Gross margin is 22 to 25% so a minimum of 2.2 million extra profit. I reckon lo-q will make 2.5 million on a market cap of only 3.5 million.

If you google six flags conference transcript you will find it