Oilex Ld Share Discussion Threads

[tomboyb] 06/5/2022 12:04

Nice vol today -

[arlington chetwynd talbott] 06/5/2022 11:18

Why is this bucking the trend today?

[stocktrend2] 05/5/2022 15:23

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)
Chexk out lvcg

[chickbait] 04/5/2022 14:41

Don't get spiked. Careful!

[geoffmanana] 04/5/2022 10:43

No discount....onwards and upwards.

[arlington chetwynd talbott] 04/5/2022 07:38

Share issue - thought so. At least it is not at a discount.

[terminator101] 04/5/2022 07:14

There's that placing. They did well to get it away for 0.2p, but the crew claiming that its "at a premium" need to remember that the share price was 0.3p when they announced they would need to raise funds.

[cool hand kev] 29/4/2022 14:43

Thanks Geoff, final top up completed :-)

[geoffmanana] 29/4/2022 09:25

Good luck Kev,

[cool hand kev] 29/4/2022 09:02

Hi Geoff, I’ve been buying back in this morning

[geoffmanana] 29/4/2022 08:26

I still believe OEX could be 0.50p by the end of this year Kev, if all goes to plan.

[geoffmanana] 29/4/2022 08:25

I still believe OEX could be 0.50p by the end of this year Kev.

[geoffmanana] 28/4/2022 12:10

I wouldn't have thought so Kev......but as I said what do I know?

[cool hand kev] 28/4/2022 11:05

No rush buying back in yet then?

[geoffmanana] 28/4/2022 08:52

No new news from a very comprehensive RNS. We must be getting close to a placing which I assume will be no lower than the 0.18p of last time....but what do I know?

[801710245] 28/4/2022 07:24

Re-fac hopes to result in a 3 to 5 fold increase of gas production (Cambay) by the end of the summer.

[searcher0] 26/4/2022 08:34

Seeing premium raise everywhere on twitter who will pay it?

[arlington chetwynd talbott] 23/4/2022 11:04

Everyone likes to think that on AIM but it is almost always a share issue. If OEX did turn out to be the exception it would just fly from its current level. Chances are though, as I said, that it will be a share issue. There will not be much downside in that though, not from here.

We will know soon enough.

[ashleyjv] 22/4/2022 17:05

They said they need money, they didn't say they would get it from a share issue. Probably just get a line of credit

[bullrun1] 22/4/2022 16:36

Have seen placings have a positive reaction, depending on price and other information released.

[searcher0] 22/4/2022 16:14

Silly buying it up here when the company has said there raising. People are going to get impaled on a spike.

[arlington chetwynd talbott] 22/4/2022 10:33

All well and good, but the market, as ever, wants it NOW and does not like fundraising talk. Hence, 0.2p.