Live Share Discussion Threads

[stocktrend2] 21/1/2020 07:55

£3m already booked for 2020 thats 60% of the turnover for 2019 and its just January this is bloody cheap

[kreature] 20/1/2020 15:20

What happened at 12:35?

[stocktrend2] 20/1/2020 15:05

Market priced this At 30p only a few days ago its dropped to a bad worded rns will be back over 30p in a week if not a few weeks and more longter term imo

[stocktrend2] 20/1/2020 14:58

Easy 100% this

[stocktrend2] 20/1/2020 14:57

That is a very strong interview.....you can hear the passion in his voice! This is an absolute steal at this level. The key that the market is missing is that they are now profitable, they are "BUILDING" and once "BUILT" (meaning models, tours and shows etc) they are then available for 12 + 15 + years to rent out, the accumulative value of each model and set is very generous over time. DC also says that they are committed to build, they could get to a point and stop and then rent out the models and sets and bring in the profits, but the commitment to continue building means that there is much more future growth and revenue stream. Very attractive business
in the entertainment sector! It is a matter of time before the shackles are off and LVCG's share price will also grow and grow!

[stocktrend2] 20/1/2020 14:53

hxxps://www.voxmarkets.co.uk/articles/open-orphan-live-company-group-and-union-jack-oil-b6273a2/

Fantastic interview

[stocktrend2] 20/1/2020 13:52

Fair value 30p imo

[jason_scrap] 20/1/2020 13:34

Don't forget 5m plus liabilities lol. Fair value 15p

[mister md] 17/1/2020 16:03

gingernut1

here are your 'market expectations' versus what is now expected:

Turnover £6.555m a 23% increase => NOW EXPECTED: 5.5 M (1 MILLION LESS). ie Zero revenue growth
Gross Margin 64.6% => now expected 63%
EBITDA £1.108m => NOW EXPECTED 0.7 M (0.4m or 40% LESS)
Operating Profit £0.538m => NOW EXPECTED: not mentioned, but probably close to 0 ?

... and no financial expectations provided for 2020 ?


And you were ridiculing us all for not being invested in this / being cautious

[mister md] 17/1/2020 15:25

.. or Darola, for that matter ...

"Darola - 02 Oct 2019 - 16:58:03 - 335 of 677 Live Company Group PLC - LVCG
Better close that short Jacknife. Gunna get burnt fella. Huge news coming ;)"

[mister md] 17/1/2020 08:16

anyone seen gingernut1 recently ?

[costax1654x] 17/1/2020 07:44

? orm hmm!5-6 mil cash + gold assets ,no Debts all for 3 mil mcap!!!?

[carcosa] 17/1/2020 07:15

Whilst the Group has demonstrated strong growth in 2019, results for year are expected to be below market expectations.

Plus more loans. Plus no cash to pay salaries continue...

If this is the best Trading Update they can muster then the Results are going to be very entertaining!

All very predictable.

Keep issuing the press releases....

[costax1654x] 14/1/2020 08:51

? #orm hmm!5-6 mil cash + gold assets ,no Debts all for 3 mil mcap!!!?

[carcosa] 09/1/2020 05:29

Re: Yesterday's poorly worded RNS:

So Clive Nørgaard Morton has been a naughty boy and been consistently selling his shares throughout 2019 (643k shares sold)without informing the market?

I also note that Simon Horgan last reported 3,152,330 shares being held, so what happened to the shareholding of Horgan Investments Ltd holding then?

[parisv] 16/12/2019 10:48

proactive interview

[richie32] 16/12/2019 09:00

I like this deal which I believe will put some rigour (if it is needed) into the finances. Small shareholders have some safeguards against any attempts to trash the sp

[carcosa] 16/12/2019 07:16

A complex read but seems that:
Confirmation LVCG has no cash itself.

New Investors/Debt have really done a number on LVCG and are now in control of the company's future.

If i read it right, the 'investors' have prevented LVCG from issuing further shares(?)

The 'investors' have rights over the over the assets of the Group.

Management have finally, finally realised they needed to go to finnCap Group plc to advise the Group on securing debt funding, meaning... Investors highly unlikely to see any profit until at the very earliest 2022, if they are lucky.

[mister md] 13/12/2019 16:08

where's gingernut these days? hope they are not going for a sneaky-after-the-close-on-a-friday update ?

[carcosa] 12/12/2019 07:09

Just a reminder that the Outstanding Balance due under the Riverfront facility is due for payment by 13 December 2019. If that gets missed tnen in theory they will be granted a conversion notice for 90% of the lowest 10 day average share price to be exercised by May 2020.

As I think I mentioned before, why would a finance institution be in the least bit interested in owning an equity stake? They would, I believe, much prefer to get their cash at that time instead.

So either an immediate placing is necessary, or directors dig into their own pockets (but they don't seem to have this sort of cash lying around) or they arrange even more onerous re-financing or any 'theoretical' profits next year go toward paying off the debt.

Originally in Oct 2017 the agreement provided GBP1m with an interest payment of 9% (plus some other start costs). The period was for one year and a payment to be made monthly commencing on the fourth month of the loan. The final month payment would be for GBP350,000.

In actual fact 13 months down the line they actually owed GBP704,250.

Doing some simple maths the original agreement implied a payment schedule of GBP72k/month but at best they actually achieved, on average, GBP29k/month.

If Riverfront took their payment in shares that would represent (at current valuations and adjusting for additional interest and share price 90% around 4% of the market cap. But then they would have to sell those shares so not only would an overhang be created but I suspect they would also expect some element of guarantee that they would be awarded options so as not to dilute their holdings. Becomes very messy if they go that route.

Anyway, see if LVCG issue an RNS tomorrow/Monday.Whatever RNS they issue it will not be good for the share price