Live Share Discussion Threads

[gingernut1] 05/10/2019 20:09

Quite simply there is no need for further raises for working capital as confirmed by the Chairman at the investors call. Well on track with meeting and likely exceeding their targets this year.

“£3.2m of that £5.2 already booked. With 3 mths remaining of H2. 6 further shows announced since then, and 3 profit-sharing Bricklive events scheduled and not included in the £3.2. So given the growth of events this year, the rate of sales and the confirmation that they now don’t get out of bed unless shows return a profit. It’s pretty reasonable to reflect that the forecast in the brokers note is more than tangible, and that the statement from the company that revenues are heavily weighted to H2 is accurate.

Big news this week, and with such a low free float it doesn’t take much pressure for this to move quickly. Given you are not invested at all you are spending a lot of your weekend time posting. Must be sweating a little. All your effort since opening your short position has not resulted in a mass sell off, that’s because those holding recognise the value here. Best close that position or at least top up your account so you don’t get stopped out.

[mister md] 05/10/2019 19:47

I get the feeling the PR exercise here is to pump the price ready for the next 'working capital' fundraise, but time will tell. Again, good luck to investors but way too high risk for me at 28m marketcap, 0 cash (aside from the ceo owning largest stake in company and paying himself 400k)

[mister md] 05/10/2019 19:18

I think it's you who needs help, but keep up the good PR and don't forgot to apologise to the penny share punters you misled this time next year if it turns out financials are worse than you promised ... ;)

Golf Tournaments, Kpop Concerts ... now exhibitions using Lego bricks ... whatever next ?

[gingernut1] 05/10/2019 17:05

Yet the cash position continues to improve since H1 despite them building ever more sets of models. Paying off the small loan they have with RF which they would not be doing if they were worried about cash. Anyone at the investors call will also know that they have a strict rule about building touring sets, they only do it if they have the cash to do it and also if they have at least he first 4 rentals on the books, which means that there is a over 100% return on all capital in less than a few months for each set and an 805 GP after that. As the number of events continues to build, with 120 plus forecast for next year, this will be a cash cow in the future. The company were also clear in that call that there is no placing required as they are growing organically and now have the resources to service multiple events e.g in October they are doing 5 events around the world as well as zoos and other tours. We have also seen zoos extend rentals, which means that for the zoo it is generating the additional footfall that they are expecting.

As to repeat bookings, the China deal was for 3 years, Korea for 3 years, Monacco have repeat bookings, Belgium is a repeat booking many zoos are taking repeat bookings, Cardiff have have more than 6 bookings already and are asking for more, it’s fairly obvious that they are well on to exceed their target of 120 next year with the USA and Europe taking off. As noted they already have £2.3M with 700k about to be added already for next year.

Those who contributed to the Feb placing at 65p also got warrants at 80p and as noted in the RNS the vendors of brightbricks have chosen to take their deferred consideration of £833.000 in shares at 65p. it’s clear that they understand the value of a rapidly growing company with a growing order book.


But its the fact that lego are collaborating with them for the repeat show in Thailand based on starwars that is the most interesting development. We know that lego are massively protective of their brand and also that they need additional build capacity for all the legolands they plan to open around the world.

But keep focusing on your ancient gripe with parallel media, but from what i can see that has nothing to do with running LVCG events. Give it up mate, there are people you can speak to if you want help.

[darola] 05/10/2019 15:08

Doesn’t need to charm investors. The facts on the companies growth speak for them selves.


”£3.2m of that £5.2 already booked. With 3 mths remaining of H2. 6 further shows announced since then, and 3 profit-sharing Bricklive events scheduled and not included in the £3.2. So given the growth of events this year, the rate of sales and the confirmation that they now don’t get out of bed unless shows return a profit. It’s pretty reasonable to reflect that the forecast in the brokers note is more than tangible, and that the statement from the company that revenues are heavily weighted to H2 is accurate.

[mister md] 05/10/2019 14:16

the last raise had circa £1.7m of shares, at a premium of 65p,

are they clever, in hindsight ?

shareprice now 40p

cash at almost 0

DC earning 400k - how long can he charm his way into getting more investors to hand over their cash ?

[darola] 05/10/2019 14:02

Do you really think holders with >500k shares are “clueless, random twitter penny stock punters?” Suggests to me they are very well researched and a bit smarter than you are - who can’t see what’s happening here.

Edit: the last raise had circa £1.7m of shares, at a premium of 65p, picked up by existing retail shareholders. But hey, they’re clueless.... I know of 2 who are pretty good at investing and hold >1m here. Hardly a punt.


The fee float is pretty non-existent so it would be difficult for an ii to take a meaningful stake. And with no dilution or raise expected - unless it coincides with a big international contract and corresponding step change in growth (the whole point of AIM, so this would be a positive, as was the raise in February), it’s unlikely an ii will take a position anytime soon.

Growth is phenomenal without any requirement for further dilution. The credibility and popularity of the brand and its products is just going from strength to strength. With new regions opening up all the time. Why else would the £multi-billion organisation Nickelodeon associate itself, and even agree to take the contract scope international?

Seemed to be overlooking my earlier post, so here it is again:

”£3.2m of that £5.2 already booked. With 3 mths remaining of H2. 6 further shows announced since then, and 3 profit-sharing Bricklive events scheduled and not included in the £3.2. So given the growth of events this year, the rate of sales and the confirmation that they now don’t get out of bed unless shows return a profit. It’s pretty reasonable to reflect that the forecast in the brokers note is more than tangible, and that the statement from the company that revenues are heavily weighted to H2 is accurate.

But you keep living in the past....“

[mister md] 05/10/2019 13:35

when you said holders were adding yesterday (and again today) I thought you meant institutional holders (are there even any?) not some clueless, random twitter penny stock punters ...

events look good fun though for kids.

but 28m marketcap vs 0.1m cash...?

[gingernut1] 05/10/2019 08:29

What’s this? Even more evidence that holders of lvcg were topping up yesterday.




Good article here about the Bricklive Force event taking place in Thailand for the 2nd year running. This is being done in collaboration with LEGO.(Which is massive news and marks a significant change in my view. It’s obvious that the Lego group are watching the growth here very carefully)

hxxps://www.nationthailand.com/lifestyle/30377090

Sponsors keep coming back and asking for more events e.g. Monacco, China, Belgium etc all have repeat events. They only do that because they are making a profit from these events. We see also that the touring shows get repeat bookings. Marwell zoo keep having events and Cardiff are on something like their 6th booking. You wouldn’t do that if you were making a loss.

[gingernut1] 04/10/2019 19:07

At the conference call on Monday the company told us about an additional 2 events above the 65 announced yesterday. Looks like here is evidence of another booking for the Pawpatrol. Demand outstrips supply for these incredible models and that’s just in the UK. This is Nickelodeon’s most valuable IP and is broadcast in over 160 countries.

[darola] 04/10/2019 18:41

“Live Company growing ahead of schedule as it clinches international deals across Asia, North America, and Europe”

[gingernut1] 04/10/2019 18:18

hxxps://www.shiftingshares.com/

Some advice from Michael at shifting shares

“The other side of stock market tipsters is those that want you to sell. I find it incredibly hard to believe people actually bother to try and convince others to sell so they can then buy in cheaper, but they exist. It would be less effort learning to trade but they don’t seem to ever grasp that. You can find some of these dopes on bulletin boards where they keep coming back weekly for years on end, where they pretend they are altruistically trying to stop other private investors losing money. Perhaps they lost money once and are now bitter. Perhaps they are short. Perhaps they developed a weird fetish for the stock and keep coming back. Some of these can be credible and convincing, and some of them may even have a modicum of truth to them – but do not let them get into your head without good reason. If you do, they are robbing you of a learning opportunity. You will only learn by making your mistakes. It’s OK (and encouraged) to hear the bear case, but do not let someone else sway your mind unless it is fully your decision. Many of the people who frequent bulletin boards to talk stocks down continuously are losing traders who, quite literally, have nothing better to do, and so most can be dismissed without further thought.”

[gingernut1] 04/10/2019 18:00

Just 3 of the LTH that added to their position today

LVCG is well on track to achieve its growth forecasts this year and I would personally not be surprised if they managed to exceed them with all the new events they are running above the target.

As to cash position its being well managed and has grown since H1. Confirmed in Mondays call that they don’t built a set without having the cash to do it nor without having booked at least 4 events for it, so all the touring sets make a more than 100% return on capital this year and its mainly profit after that.

Personally I’d rather believe the regulated information that is provided by the company than the ramblings of a couple of those desperately trying to support their short positions. But good luck lads and hope you have a comfortable weekend because IMO its big news next week.

[darola] 04/10/2019 16:55

Jaknife.

You’re not just selective with your use of data, but selective in which posts you read. That “heroic level of growth” is already on schedule to be achieved. To save you scrolling back here it is again.

£3.2m of that £5.2 already booked. With 3 mths remaining of H2. 6 further shows announced since then, and 3 profit-sharing Bricklive events scheduled and not included in the £3.2. So given the growth of events this year, the rate of sales and the confirmation that they now don’t get out of bed unless shows return a profit. It’s pretty reasonable to reflect that the forecast in the brokers note is more than tangible, and that the statement from the company that revenues are heavily weighted to H2 is accurate.

[gingernut1] 04/10/2019 16:19

100% Darola. Anyone looking backwards cant see whats coming.

[darola] 04/10/2019 14:59

£3.2m of that £5.2 already booked. With 3 mths remaining of H2. 6 further shows announced since then, and 3 profit-sharing Bricklive events scheduled and not included in the £3.2. So given the growth of events this year, the rate of sales and the confirmation that they now don’t get out of bed unless shows return a profit. It’s pretty reasonable to reflect that the forecast in the brokers note is more than tangible, and that the statement from the company that revenues are heavily weighted to H2 is accurate.

But you keep living in the past....

[mister md] 04/10/2019 13:52

I do understand how companies work. Especially what happens when cash runs out, regardless of 'profits' made ...

[gingernut1] 04/10/2019 13:51

I’m pretty comfortable jakNife thanks, but you must be sweating a bit now. £70k a year for each rental 🤣 Placing coming 🤣I’ll be reminding you of that for a long time mate.

[gingernut1] 04/10/2019 13:49

Lol who do you think has been adding today. You clearly have done zero research. Try looking at what the money has been spent on, which is the purchase of zoo touring assets mate. Now going to have 16 sets by the end of the year and the ROCI is over 100% for this year with an 80% GP.

Is that really the best you can do? You do understand how companies work don’t you. Get help mate.

[gingernut1] 04/10/2019 13:30

Page 49 of the brokers note highlights them pretty well, which you would know if you did any actual research instead of bringing your 3 year old grudge onto a public bulletin board.

Valuation conclusion
On the basis of our compco valuation analysis, we believe an appropriate valuation range on a one year view for Live Company is 73p – 89p. The lower end of this range is based on the average of the FY21E implied valuations, including the drag effect of the EV/sales metric. This underpins the shares and their future prospects on a similar relative valuation to the compco group, and suggests downside risk should be limited from their current trading level. The top end of our valuation range is pitched at the upper end of the FY21E valuations. We believe that newsflow on new business gains, with existing or new clients, will be viewed positively by the market, as it will increase investor confidence and reduce perceived risk relative to future earning s. This in turn could push the shares towards or indeed through the 100p level, reflecting the valuations implied by the application of the FY21E metrics of our selected high growth compco sub-group. Conversely, negative newsflow could have an adverse impact on sentiment and share price with downside risk below our valuation range.


For emphasis “downside risk should be limited from their current trading level” which was around 65 to 70p at the time of publication.

No doubt you will say its sunk since them, but part of that is down to Milton selling off their holdings across the board on AIM shares.Always one of the problems with shares that have a low free float. Equally a low free float means that this will move extremely fast when the wider market realises the incredible growth. All the long term holder have been adding to their portfolio recently as they realise that the current share price is a gift at this level.

But if you don’t like the company you can always sell your shares mate. Oh wait, you haven’t got any.