Savage pump and dump again by tops and his mates leaves punters nursing monster losses.
I do not know how he is brazen enough just to continue from one stock to the next posting his usual fancy price targets then dumping leaving others badly impaled. |
Results due by end of May and expected to be above expectations.Buy on rumour IMO |
Another successful pump and dump by tops and harold.
They are long out, the chasers are now taking big losses, tops will buyback in and do the pump all over again and like lemmings they chasers will return.
Amazing he gets away with it after all these years |
Taking a bit of a breather today, although this could all change in a thrice. Staying invested here for further gains over the coming days. News imminent. |
Here we go!!! 10 p incoming |
Valued at sub £3M andxstrong into the close.Could we see 10/11p this week or even test 14?? Looking forward to results |
Blimey! This looks like a no-brainer. It's risen a fair bit today - hopefully there's much more to come. Should be interesting over the next few days. |
 We will need to wait until after the festival for final numbers but we can have a go at calculating the profit based on what we’ve already been told.
We know that day 1 is now sold out and that day two has sold 21k tickets and they hope to get this to about 26k tickets. We know the mechanism for allocating ticket profits to KPE. We also know KPE has a minimum profit guarantee on merchandise.
Based on this I calculate the profit as follows (this is profit not revenue).
*Day 1 profit to KPE: €0.9m
*Day 2 profit to KPE: €0.7m
*Merchandise minimum guaranteed profit to KPE: €0.4m
*Annual consultancy fee to KPE: €0.2m
In total €2.2m profit to KPE which is already known. LVCG’s share is therefore €1.1m
Additional profit:
*Sponsorship: We’ve been told that the sponsorship will bring in about $1m for a sold out show.
*Streaming: This is the big unknown, but the deal is structured so that LVCG can’t make a loss. Profit could be significant and all to LVCG (after the streaming company’s cut).
*Merchandise sales above minimum guarantee: This could also be significant - the 14 Feb RNS states the following:
‘Average ticket prices are in the region of Euro 70 per ticket and research indicates that average spend per person on merchandise could be the same amount again. This means that the potential total revenue for all partners assuming day two sells out could be in the region of Euro 6mio for ticket sales alone and close to twice that if merchandise is added.’
I’m hoping that LVCG will make at least €2m from the Frankfurt festival, with streaming providing the potential for more (big unknown).
I think the Bricklive business plus LCSE business will cover the company’s overheads in 2022. So the Kpop profit flows to profit for the company.
I think this one annual festival therefore justifies the current £18m market cap of the group.
There is at least one more festival planned for 2022 and 4-8 festivals are planned for 2023. As set out on the webinar yesterday, the potential for streaming revenue will be greater in future shows as packages by individual band will be available (with interview, backstage footage etc).
Merchandise sales should also be higher with the potential to sell band merchandise as well as kpop.flex merchandise.
It should also be easier to sell out the events with the whole weekend announced upfront.
If the additional festivals are announced there could be a fairly quick pathway to profits of 10m+ and therefore a market map of £100m+ (50p+ share price)
Check out lvcg |
Looks like someone reduced according to the rns
D |
activity - |
Could well be Tom...
Missed that after pondering wayyy too much... and actually forgot to book my additional trades here too.. Life getting in the way of money... no bad thing I guess
D |
38% -
I've got a feeling some OSI investors / traders maybe taking a punt - |
breaking upwards - |
Finally moving up - |
one word- illiquid
if we see the high 3's im in |
Any thoughts on the drop today?
D |
Sooooo quiet here
D |
Good start -
10p target - |
There’s the speeding ticket
D |
Not complaining... but like wha???
D |
Clowns buying blindly when there is no news |
Justin promoting it. |
Register for streaming realtime charts, analysis tools, and prices.
Hot Features
Premium
