Live Share Discussion Threads

[gingernut1] 07/11/2019 13:02

Basic maths jacKnife 🤔 You have already shown that you are not very good with the simple maths. Company confirmed only yesterday that they are well on track to meet their revenue targets for this year which is an increase of more than 20% from last year. That means that they will be in actual profit and will have more than enough cash.

You have been saying placing needed for months now and it’s not come to pass. Time to close your short while you have a chance before it gets too expensive for you,

[mister md] 07/11/2019 12:20

JakNife - indeed. I suppose the issue now is that the vendors want more shares for monies owed ( i.e. at a lower implied shareprice than originally agreed) ? And then shareholders would have to hope the shares are not directly sold on the market to get the cash out. Same story with Parallel where lots of parties were paid in shares.

[mister md] 07/11/2019 10:26

Also, aren't the official 'Lego Discovery Centres' much more fun for kids - they have indoor rides, 3D films etc aswell as nice lego models and play zones ...

[mister md] 07/11/2019 10:18

The market seems to think all is not right here. IMHO to do with settlement of fees and cash levels. Time will tell.

[gingernut1] 05/11/2019 13:49

Months and months later from when you said they needed cash and that a placing was coming the company seem to be doing just fine. They have delivered on their “mad October” where they had 6 x bricklive events around the globe, and all the indications are that all of those shows were a success. Indeed the Birmingham event had record numbers attending. The business always articulated that revenue was weighted towards H2.

As to progress, they announced the partnership with penguin ventures on 3 Sep and just tow months later they have completed 2 x builds of snowman and Snowdog touring sets and have rented them out to Balham Zoo and whiteroseleeds over the festive period (8 and 6 week rentals respectively). They have also rented out the pawpatrol set again to Birmingham for the German Christmas markets, another 8 week rental. So these boys don’t hang about either.

Progress being made with the USA too now that they have advertised 9 x sets for rental, which is double the original number.

Time to close your short now that the share price retraced a little, otherwise it could get really expensive for you.

[mister md] 05/11/2019 12:53

ginger-IGG (651p) doing really well, glad you noticed I'm invested there & Yielding 7%!

How's things going for you here, have they sorted out this settling of fees malarkey yet and how are cash levels ? How come you are not 'averaging down' now its back at the 40p lows again - or do you finally agree with me that this is way overvalued ?

[kevalp1] 25/10/2019 09:09

Added some more #LVCG this morning. Buys under 40p doing well and expect to see 65p again very soon. MMs short of shares and shorter on IG about to get burnt ?

[gingernut1] 23/10/2019 09:14

Nice update on the blog about the brickosaurs event in Germany and prepping for bricklive Geneva

hxxps://www.livecompanygroup.com/lvcg-blog-markg-geneva.html

The Cretaceous in Cologne

Prehistoric adventures in Cologne and looking to the future with BRICKLIVE Geneva

Posted by Mark Guest on October 22, 2019

It’s been a fun yet busy four weeks hopping between countries, hence my delay in providing you with an update on our shows and tours, but as I sit here in Geneva surrounded by bricks I thought it would be the perfect time to reflect on the story of the autumn so far for me.

September began with a five-day trip to the Odysseum Abenteuermuseum in Cologne, to install the incredible Brickosaurs tour. This was particularly exciting as this was the first time these giant models were going to be displayed indoors, in a venue that we would have full design control over. What do I mean by this, I hear you ask? It means we could embrace the potential of our set designs to create and build enclosures, illuminate the models in their full splendour and group them into the relevant prehistoric periods. All this, while adding additional interactive and educational elements to provide visitors with a memorable immersive experience.

It was an intensive five-day installation and it’s hard to put into words how spectacular Brickosaurs in Cologne turned out to be so I have created a little video walkthrough to show you the full effect - prepare to be amazed!

As I mentioned earlier, I am now in Switzerland, having prepared for the BRICKLIVE Show at the famous PalExpo venue in Geneva. We’re all very excited about this event as this will be the first outing for two of our new show features; Marble Hills and Race Circuit (about which I will share more details later on). In addition, the show will include one of our very popular tours, BRICKLIVE Ocean. It runs between the 18th and the 27th of October so if you’re in the neighbourhood come and experience it for yourselves. In the meantime, here are a couple of pictures with more to follow this week on social media. That’s all for now, I look forward to updating you again soon.

[gingernut1] 23/10/2019 08:35

Mate, you seem to be 100% invested in nothing, except perhaps IGG where you said

Mister MD - 19 Sep 2019 - 08:40:16 - 2339 of 2399 IG Group - IGG
slowly creeping up? I see more of a rocket ;)

Share price when you said it 638p, shareprice today 614p. Called that one right 🤣🤣🤣🤣

Just like you called it right with Thomas cook 🤣🤣🤣🤣9315;

And like your short position here opened at 41p or below. That must be hurting mate. Time to give it up before you get burnt

[mister md] 23/10/2019 08:32

Marketcap of 36 M, cash 0.1m

You know what, I may look into opening a short position - then at least one thing you write will be true ;)

🤣🤣🤣🤣9315;🤣 👌👌👌

[gingernut1] 23/10/2019 08:28

“Its listed on AIM for a reason”

Of course it is mate, all public companies list on AIM to raise money. And that is exactly what LVCG have done over the last two years. They raised money to buy instead of rent a set of models in order to significantly improve their operating costs at the time. They they raised money to purchase brightbricks so they could own the production house and all of their IP and turn this into a fully vertically integrated business. That has been extraordinarily successful. Then they raised money to accelerate the build of models to tap into the zoo market and that has paid off handsomely for the company too.

That’s what growing companies do mate, or at least the good ones do, they raise money, invest it in the business and the business grows. They are now over that stage and are at the point where they are growing organically. That’s a stage that normally lasts at least 3 years, but has been completed in under 2 years as they have grown so much. That was clearly spelled out at the investors call at the beginning of the month, but you would not have d=ailed in as you are not an investor.

I cam give you the 101 on business if you would like.

You are not even a good trader or reader of charts as who in their right mind opens a short position at the lowest point in 20 months when the business is growing so rapidly, its a sure fire way to loose money quickly and given you are already 40% down on your position I suggest you close it quickly. 👌

[mister md] 23/10/2019 08:21

gingernut1: 100% invested in Live Company and no positions in anything else. Seems like a trustworthy p.i ;)

[gingernut1] 23/10/2019 08:19

Have you apologised to investors for ramping them in to Thomas cook, just before it went bust mate 🤔 I’d be a little embarrassed about that personally, but I suppose from someone that’s prepared to mislead over the significant holding of the new NED perhaps I should’ve be surprised.

For someone not invested you are really working overtime. No short position you say either 🤣🤣🤣

Open the curtains in your bedroom mate, you will find that it’s daylight outside.

[gingernut1] 23/10/2019 08:13

Dates on that “review” 2017

If they were not making money why did the event organiser book for them to come back and for a multi year deal 🤔

30 May 2019 RNS “I'm thrilled the Group has secured a multi-year contract with Exhibition Hub to promote, manage and operate BRICKLIVE Shows in Belgium. The BRICKLIVE brand is growing rapidly in Europe, with events already announced in the UK, Germany, Geneva and Monaco and we are thrilled Belgium is the latest addition to our network of European shows and events in 2019. I'm delighted the BRICKLIVE brand is fast becoming an international entertainment and educational children's brand."

You are just a bedroom onanist mate. Time to give you your 5 year old grudge and close your short before you loose too much money.

[mister md] 23/10/2019 08:12

Its the PR-crew I am suspicious of here ... Just providing the balance to a very one-sided story here. The shareprice is where it is for a reason. And its listed on AIM for a reason - to raise cash ! Lets agree to disagree and let the next set of results do the talking (but please ensure you apologise if they do happen to raise cash over the next 12-24 months)

[gingernut1] 23/10/2019 08:07

In case anyone is confused if you are invested here or not, no need to guess as you have already told them

“Mister MD - 30 Sep 2019 - 07:08:48 - 320 of 518 As of 24 September, the Group had GBP140,000 of available cash.

yikes. fundraise coming? glad I never invested in this since parallel media fiasco”

Why would someone not invested spend so much fo their time commenting? Its not like its for altruistic reasons is it, especially given your ramping of Thomas Cook Group right before it went into administration?

Time to close your short mate, you are going to get burnt badly. Oh and get out more to see more than the view from your bedroom window 👌

[mister md] 23/10/2019 08:00

judging by the reviews online (e.g Bricklive Brussels) it all sounds a bit of a rip-off really:

"Thierry Van Vlierberghe reviewed Bricklive Brussels — 1 star
November 2, 2017 ·
too high entrance fee to play with lego bricks! boring and so small ... compared with legoworld in utrecht ,nearly the same entrance fee ...much more things to do.
Dirty environment and no place to drink even a coffee.
I went with my family ,especially took the train from antwerp .
It was really the first and the last time ."

"Iwona Kur reviewed Bricklive Brussels — 1 star
November 1, 2017 ·
40 euro to play with Lego? Much too much. I expected something more for this price, instead of a hall with few corners to build ur own constructions. Trash bags slingering all around. Slow and not handy sevice in the cafe. No choice of Lego products in the shop. Just poor."


Anyhow, investing is to make a profit so fair play to them if they can get away with it.

Will await next set of results to see what is really going on with Cash flow

[gingernut1] 23/10/2019 07:37

Anyone at the investors call will know that they don’t need to raise cash for working capital. That was clearly stated and is backed up by the figures and statements being made. Still no comment on your misleading information about Mark Freebrain not buying his shares either. And oh look you have made “516 posts” 🤣

Events taking place around the globe simultaneously today

Pawpatrol Bricklive trail @themallLuton
Bricklive Geneva
Bricklive Toulouse
Bricklive brickosaurs, Coln, Germany
Animal Paradise tour of China
Stone Zoo, Boston, USA
Brugers zoo, Netherlands

Starting Friday
Bricklive Brussels
Bricklive Liverpool

Starting 30 Oct
Bricklive Birmingham

As noted in the H1 statement of 30 Sep 19 “Revenue of £4.8m for 2019 already secured from shows and builds, with a further £0.4m of fixed fee contracts for 2019 currently out for near term signature. This excludes the majority of revenues from the Group's flagship NEC show and other upcoming BRICKLIVE shows for 2019 where the Group receives a share of the profits”

Revenue from merchandising being provided by LMI is excluded from those figures too.

All this from a company that is not yet 2 years old. Remember they started with a single event in Birmingham using a set of models that they rented from Brightbricks. Now they own the production house, own all their IP in this vertically integrated business, and have made deals with globally recognised companies such as Nickelodeon and Penguin Ventures for world class content.

Been trading profitably since Q2 and on track to make a maiden profit this year and managing the cash very well (the cash increased from the results date to when they were published, a simple fact that is being ignored by some as its a bit inconvenient)

And they are still expanding, rolling out the UK model globally.

[mister md] 23/10/2019 07:12

well I reckon they will need to raise yet more cash for working capital purposes, but happy to be proved wrong. We shall see ...

[darola] 23/10/2019 06:39

£3.2m of the £5.2m required (to meet forecast) in H2 is reported as already booked with only 60 shows reported. Since then we have another 8 booked and 3 of the 68 now booked are high revenue 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 profit 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. The company would be misleading the market when they state “we are on track” if it was anything otherwise. That balanced enough?

[mister md] 23/10/2019 06:03

Its a nice Block-models story here, but would like to see more evidence of operating profit and more importantly cash generation given the companys previous incarnations and the fact cash had dwindled down to 0.1m at last results. Best keep your 'research' balanced eh guys ?

[researchmonkey] 22/10/2019 21:07

It’s time to put your money where your mouth is. Talk is cheap. If you believe invest - if you don’t then foxtrot. You made your point and no one cares. The price is rising. There is lots of good news around this - you don’t have to believe and you don’t have to invest - but standing around dooming a company and other folks decision to invest seems fool hardy and rather spiteful. People who short are low life pond scum. Find a a story you like, a share you do believe in and back it.