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
hangon
- 11 Mar 2009 22:57
- 92 of 124
Where do posters think this turnover ( for LoQ) will come from? It is evident their flagship-principals are doing so badly (that), they need to file for Chapter 11.
. . . . . . . . . . . . . Doesn't that tell you the footfall is down? . . . . . . . . . .
Furthermore I doubt the validity of their revenue model posted here - - these devices don't make the visitor experience better for all visitors - ONLY for those that use it....and I'm slightly doubtful that is really helps them either, since you will Q-bot several rides - and the one that comes up first, will be(!) the one furthest away - hardly likley to improve your experience . . . rather it will have you chasing about.
Far better, IMHO, is a scheme run by the Park management, whereby folk can list their preferred rides 1,2,3 choice - then use a computer to sort out a route such that you experience most of them. As the day moves on the options will change as every day creates different profiles of "poopular" theme rides. This attention to the customer should also create an opportunity to visulise which new rides would create the greatest benefit......
Furthermore I'm noticing that US-income will be affected by the /$ exchange rate.
That's where I think the q-bot system is flawed - it's a selfish technology, rather than one that is benine.....and therefore bound to fail when times are hard.
glennborthwick
- 26 Mar 2009 21:53
- 93 of 124
Hi Hangon, sorry for the late reply. You're the wrong way round on the /$. As a predominantly dollar earner, over the past two years the exchange rate has been $2 to the pound 2007 and about $1.85tothe pound 2008. This year wearecurrently around 1.45, so its a massive benefit. As an example they will announce profits of around 2million pounds. If they earn the same dollars this year that profit would be 2.4 million pounds. The qbot runs in two ways, either normal or gold.Goldcuts youre wait timeby 75%, where as normal i a fairer system where you book youre ride with a normal wait time. and go do other things and you can only book one ride at a time.
Lookmore closely historically at Six flags. Its a vibrant improving business however the previous clowns five to ten years ago saddled it with stupid debts from buying parks and rides too expensively. In fact footfall is up and they have just annnounced their highest spring break crowds on record. "The parent company's flagship park, announced today that Spring Break Out saw its largest one week attendance in the history of the event. The great value and close-to-home entertainment escape proved to be a hit with families and thrill seekers alike over the week of March 14-22. "
It looks highly likely that the debt will be converted to equityremoving over $250 million of charges a year meaning Sf should make significant profits.
Also factor in LOQ have now added4 substantialparksto the list, one an all year round park. As of next week PE will be 3, and they will have the best part of 2 million in cash.
glennborthwick
- 27 Mar 2009 19:33
- 94 of 124
Results april 6th should show nearly 2 million profit. Im hoping for another leg up above 50p. Not bad going from 17p to 40p plus in a terrible bear market.
sniffer
- 02 Apr 2009 07:33
- 95 of 124
Ya 50p is nearly here glen.
glennborthwick
- 02 Apr 2009 18:14
- 96 of 124
im expecting 3 million profit this year and 4.5 million the year after.
On a pe of 8 that gives a share price target of 1.50 and 2.50
glennborthwick
- 05 Apr 2009 20:32
- 97 of 124
results this week possibly monday
glennborthwick
- 06 Apr 2009 07:58
- 98 of 124
fantastic results
another new contract announced
2.6 million net cash
1.85 million profit
positive trading for start of year.
Andy
- 06 Apr 2009 18:44
- 99 of 124
WOODIE
- 08 Apr 2009 06:42
- 100 of 124
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.
glennborthwick
- 14 Apr 2009 20:34
- 101 of 124
hitting 60p now.
glennborthwick
- 14 Apr 2009 20:34
- 102 of 124
hitting 60p now.
glennborthwick
- 17 Apr 2009 16:11
- 103 of 124
just me then
glennborthwick
- 19 Apr 2009 00:03
- 104 of 124
now a 4 bagger. AGM soon.
glennborthwick
- 15 May 2009 21:01
- 105 of 124
now 84p and gaining lots of coverage
Joe Say
- 16 May 2009 09:27
- 106 of 124
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.
WOODIE
- 13 Jun 2009 20:08
- 107 of 124
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.
Andy
- 19 Jun 2009 10:28
- 108 of 124
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).
Andy
- 23 Jun 2009 16:46
- 109 of 124
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).
hangon
- 20 Apr 2010 16:45
- 110 of 124
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.
jkd
- 28 Apr 2010 00:17
- 111 of 124
CC
where are you? just doing my research.-)
good luck
regards
jkd