|I P Live
||EPS - Basic
||Market Cap (m)
I P Live Share Discussion Threads
Showing 26 to 47 of 50 messages
|I am reminded of The Producers.
|That is often the way with these microcaps. The company picked a wrong 'un in Movin' out but full marks to them for taking decisive action promptly and not letting a bad situation get worse.|
Anybody thinking of buying this, take care.
You can buy online, but you can't sell online.
And when you ring up your broker to sell over the phone, the price you'll get will be less than the advertised bid price, even for small quantities.
This is a "Fish Trap". You can get in, but not out.
I'm out. Thankfully I didn't buy many and didn't lose too much. Commiserations holders.|
|The company remains on track financially for now but the future of its prestige project Movin' out remains in doubt. It has been and is a storming success over the pond but with its Vietnam war storyline and Billy Joel music hasn't travelled well. The reviews were mixed: everyone was pretty much agreed that the dancing was jaw droppingly good but some had reservations about the storyline and the lack of dramatic intensity.
A gamble by the company which hasn't paid off but the company should be able to bounce back.
With small companies such as this with low trading volumes it is often difficult to trade online in size.|
|What's the score here guys? The RNS didn't look as bad as the drop so I thought I'd have a punt. I could only buy 5000 online, then when I tried again I couldn't even buy 5000. Aw, somebody's messing you about.|
|Sounds like Uptown Girl is up the creek ...
|oh dear , not my best pick
looks like billy joel didnt go to well|
|Sorry for the mistake, it is indeed:
And, yes, the hit counter is now movinf at an ever faster rate as we approach 28 March. Still plenty of seats available though!
Not sure the Bodies exhibition will be such a moneyspinner. It lasts 7 weeks and IP are only the co-promoters. This is the background, as told by IP in the last results:
"On 4 May the Company announced the sale of its investment in the 'Wonders of the Human Body Exhibition' to Premier Exhibitions Inc., which is quoted on the New York OTCBB market, for $580,000, realising a 65% US Dollar profit in just eight months. The Company also received an equity interest in Premier whose shares have since more than doubled. We also retained the rights
to act as co-producer of the exhibition in the UK."
Still if the exhibition goes well it will be good for IP's general reputation and standing even if it the London show only brings in revenues of, say, the tens of thousands.|
|by the way orange www.movinout.co.uk
now says 30 000 visitors on the site which i hope bodes well|
|the website seems to be movinout.co.uk without the g
lets hope its catches the eye - bit gruesome for me but i bet its fascinating|
|More good news!
The Body Parts Exhibition opening in Earls's Court next month!
Should be another cash cow! I can see these going to a quid before long.|
|There's a lot of visibility with this one too. If you go to:
you can check on the progress of ticket sales. There is a also a site visitor counter. In the past two weeks there have been about 2000 hits (a few of them mine!) but there are also lots of seats left for the shows.|
|i agree phil, very unexpected non movement - lets hope movin on is as succesful as it is in the states|
|Response to recent announcement that "profits will significantly exceed market expectations" was underwhelming, to say the least!
This little gem is completely off the radar of most investors (apart from one or two highly rated and shrewd fund manaagers) but is just about to get a whole load of PR.
The Billy Joel musical "Movin On" is about to open in the west end with the usual fanfare, and meanwhile the Billy Elliot musical continues to show to full houses.
Both excellent earners for IPV!
I've gone in this am for a slice as I see big bucks here later on.|
|ticking down again|
|mazed at the lack of interest here|
|looking good for a run up to results|
|Billy Elliot recently announced an extension at London's Victoria Palace through to October 21st, 2006. IP Live invested 10% of the production costs. Do they now get 10% of the profits?
IP Live has the right but not the obligation to invest further funds in subsequent productions around the World, in proportion to the initial investment.
The NY Post reports today that an agressive offer has been made for the hit musical to visit Toronto, before it does New York. Michael Riedel writes that the Mirvish family, who has controlling interests in many of Toronto's theatre's has made the proposal to the show's producers. Previously, composer Elton John expressed his opinion that the show would hit Toronto before New York as well.
Will IP Live invest in the Canadian/US production?|
|Among the smaller caps, entertainment group IP Live stood out with a 4.5p gain to 64.5p as it said the huge success of Billy Elliot, The Musical will see its profits for the year to end March "significantly exceed" market expectations. IP Live made a £500,000 investment in the stage show last June and, once its investment is recouped from net receipts, it takes a share in the musical's profits.|
|IP Live attracts Moulton
Entertainment production company IP Live announced maiden interim profits earlier this week alongside an exclusive contract to bring an award-winning Broadway show to Europe, justifying recent buying by top private investor John Moulton.
Moulton, of Alchemy Partners fame, snapped up a shade under 3% of the £7.2 million company (IPV) when it launched a £2.1 million fundraising in October.
He holds 305,000 shares.
Moulton was unavailable for comment when we called.
He rose to prominence when his Alchemy Partners vehicle attempted to buy Rover.
In recent years Citywire has tracked him buying into companies such as Civica (CIV) and Infast (HMC).
He has also entrusted some of his personal wealth to the highly-rated fund management team at Liverpool based boutique fund manager Midas Capital where he also owns almost 3% of the company.
His support of IP Live is a positive sign for a company which has only been quoted for a little over a year.
At the same time as Moulton built his stake, the highly-rated Ross Hollyman of GAM was adding to the holding of his GAM Star UK Dynamic and GAM UK Equity Hedge funds.
Between these two funds Hollyman now holds more than 15% of the company.
Other top investors with stakes include Framlington's highly-regarded investment trust manager Brian Watson and Andy Brough of Schroders.
IP Live chief executive Jemma George told Citywire: 'We are building a portfolio of branded live entertainment and they have seen what we've done and like it.'
In the opening half of the year IP made a maiden profit of £130,154, compared with a loss of £83,811 the previous year.
The performance was bolstered by the first income from the award-winning Billy Elliot musical in London's West End and the profitable sale of its investment in the Wonders of the Human Body Exhibition.
Upon the sale of the exhibition IP took an equity stake in the purchasing company which has now doubled in value.
IP Live's strategy is to build a portfolio of branded live entertainment which can be easily transferred around the globe thus cashing in on ticket sales and merchandising.
This strategy was originally honed by executive director Martin Flitton, who helped build the Lord of the Dance into a multi-million dollar global brand.
The latest step in its strategy is the signing of the exclusive rights to produce the Broadway hit Movin' Out in the UK and Europe.
The show has grossed more than $100 million in three years on Broadway and is now on a national tour.
It features 24 songs written by pop star Billy Joel and will open in London in the spring.
Flitton and his team are already working on casting the show in London and a venue is in place.
The crucial difference between the Billy Elliot deal and the Movin' Out deal is IP is the producer of Movin' Out rather than just an investor, and therefore has more control over the show and its exploitation for merchandising and so forth.
IP Live is still a very young company and has some way to go to develop the sort of recurring revenues its management is aiming for, but it is heading in the right direction.
Its share price climbed from 45.25p to 76p earlier this year but has settled back a little recently and is unchanged at 65.5p today.
Investors considering buying IP will need patience as it is still an early stage company but the signs so far are good.
thats enough from me for now|
|Embargoed until 0700 30 November 2005
I P Live plc
I P Live plc, the AIM listed entertainment company announces a major new deal and interim results
for six months to 30 September 2005.
- Negotiated an exclusive licence to produce the hugely successful Broadway show "Movin'
Out" in Europe featuring the music of Billy Joel
- First half profit before tax and amortisation of £130,154
- Earnings per share of 0.8p compared to a loss per share of (1.44p) for the six months to
30 September 2004
- First income received from award winning Billy Elliot the Musical
- Profitable sale of Wonders of the Human Body Exhibition investment with retained equity in
Premier Exhibitions Inc. and UK production rights
- Placed 3,000,000 ordinary shares at 70p raising £2.1 million before costs, proceeds
received in October following the half year end.
Jemma George, Chief Executive, commented:
"These results contain many positives including a major new deal, a first half profit and receipt
of income from Billy Elliot the Musical which continues to play to a full house at the Victoria
"Movin' Out has been a huge success on Broadway and touring throughout America both financially
and critically and we are confident that it will be a great success in the UK and Europe. The deal
gives IP Live a leading role as producer and manager, which is in line with our strategy."|
|Nice ramping Maestro
maestro. - 10 Mar'06 - 08:51 - 20921 of 20921
check out IPV.... no brainer!|