We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I am talking about the posters who have been negative since the first day they posted here - I doubt they hold - it’s the same on Advfn - non holders with a grudge against DV that has lasted years - I just say “get a life and move on”. I will when I decide to sell up here - I won’t mention this subject again..
I do wonder why people can't handle that some folk might want to debate issues that might be viewed as negative, on a share that has just come out of suspension (and comms blackout) for 7 months with a SP, comms and management performance like we have here.
Most of the trades except 1 are buys but are showing as sells
Because no one wants a 60% loss
I do wonder why some here remain shareholders - if they are… let’s see what DC has to say on Monday..
I can't believe how much negativity. I am reading since yesterday . Cornerstone Investor will bring lines of business Already making profit Which we will buy and issue shares at six p + I think Because david's six p purchase. Then the investor will give a loan to the company as working capital to progress the lines of business into mega profit. They will also take seats on the board of directors . This is my understanding . What I have put together. I could be wrong. I doubt very much I am
In terms of reporting, we used to get a half yearly report in September and annual results at the end of June. Does this mean half yearly results need to be issued shortly and we will get full results for 2023 in 3 months?
I thought the reporting was an aim requirement
Surely a lot of effort will just be put into servicing the debt. I can’t see how they will grow without raising more money or dilution. Nothing comes for free, is an investor comes on board they won’t put anything in without big dilution and the share price will influence the stake. I’m glad it’s trading again but want to know where Jason Lee is, what has happened with model production and will shares issued be sold dragging the price down?
Has anything changed or is the old playbook being used once again?
Now is the time to buy not sell? Now where did we last hear that? You can buy all the shares you want Knco, no need to inform the board. I for one hope DC will be wearing his truth pants at this upcoming presentation, it’s well overdue that we get answers on where this is headed and why shareholders were blanked for months on end. As for these new business lines everyone seems to be going on about, he’s not starting an only fans page is he? Or perhaps jumping on the new I-pop trend? I’m just a shareholder, not on the inside, so not in the know.
I didn’t say it was certain but i am confident from what i know gl
I'd bet everything I have that this doesn't see 10p this year without a reverse split.
Even when the new business lines are shared with us, I would caution you with evidence from the past, kpop events that were a complete flop, bricklive which is worth a few £'s in royalties now and Start which was a massive scam. So, anything that is promised for the future is not certain or necessarily in the interest of private investors.
I'm not trying to argue with you or anyone, the best way I can describe what I am trying to say is that 8 months ago I was you, bought in because it looked cheap with all the amazing things to come but they never did. Even when I sell I shall remain on this board to provide (whether wanted or not) a cautionary view to others.
It certainly won’t take years to get to 2p, again you have no idea what is happening behind the scenes, if you guys want to sell, sell but this will be 10p plus in a few months, there are new business lines, we will know fairly soon. I participated in the placing and continuing to buy in the open market, price is rock bottom, now is the time to BUY not sell imo
That this total bag of s*** can scrape to a bid of 1.1p per share and I can cut my losses at 50% and be done with it. Normally I try to hang on for breakeven when a share plummets but not this one. I've set my expectations at getting half my money back and I'm pretty certain that it will take a fair while and I'm not in the game to wait for a few years for lvcg to get back above 2p.
TSG - whilst I have openly shared my frustrations and anger at this shower, I respect the fact that you have a patient and more positive outlook - I know you have a holding at stake here, so rest assured I keep my distain for this situation separate from your posts.
We do finally seem to be getting to a point where the "cloak and daggers" is becoming public: I hope that Monday's webinar is more than just a chance to talk up hypotheticals and it leads to written comms we can all read and "hang our hats on". That is the best remedy for all that's gone before now we are listed again - it gives everything chance to settle.
From there many of us can make the decision on if/when to call it quits.
In that case TSG, maybe I am being naïve but couldn't they have just changed broker? Why was a broker dictating anything, surely they work for us/lvcg?
I am just looking at a 50% devaluing to all our holdings for the sake of £300k. Long way back from under 1p. I know you have a large holding and I hope there is a happy ending for all of us. All we can do is moan and debate on here because we haven't been told diddly squat by the company and it is unfortunately showing in the SP action today.
Nail on head Bennster. Placing should have been out in the open, with DC on a webinar beforehand explaining future direction of travel.
Shareholders have been given zero info apart from us trying to piece together what is posted on here or what other SHs have said, which obviously has to be treated with a pinch of salt. I contacted Sarah directly and could have invested but I had no information to go on as to reasons why I would put more money in. I am sure the price will go up after Monday (can't go any lower!), only wish DC would have communicated much sooner.
Jimmy / Bennster - I agree this could have been handled better but the price was insisted on by the broker. Anyone could have approached them for the placing as it was announced in previous RNSs. It is a blessing that so little money was raised at this level IMO. Most was agreed at a premium. Given the lack of comm's and length of suspension, I am not totally surprised by the bloodbath today but when the dust settles, people should begin to see that.
You rightly mention the dire cashflow issue but that has now been shored up.
Terms agreed with the new cornerstone investor, to bring in significant new revenue streams is the key here.
True Jimmy.
If the placing had been publicised would it have attracted more interest and therefore required less of a deep discount?
The lack of transparency about plans but also the seriousness of the cashflow problems has never been shared so we can only surmise.
As a shareholder I wasn't asked, invited or even made aware aware of any of this by the company itself, which suggests a sub-optimal thought process somewhere.
Ok thanks 212hl, that makes sense. I don't understand why they wouldn't have paid 2p, if they are so positive about the future. Not to mention factoring in the inevitable devaluing of their own holdings by 50%. I know some have large holdings. Not sure it was the right move. Had they raised at 3p and given future direction of travel before relist, we might be around that price mark now. I wonder if this was factored in by anybody.
Hi Jimmy, I heard the nomad wanted to see money being raised from outside the company too, other than the directors and employees and don't think anybody would have done it for price higher than 1p. That was the reason given to me for money being raised like this.
Don't worry knco and DC has had a vision which suggests the share price will be 10p going on 30p soon. Odds are probably in our favour of winning the Euromillions before that vision is likely to come to pass.
To relist without any indication of future direction of travel is not a good decision in my book. Why not do this webinar before we relisted. I also don't know why they raised at 1p, if the future is so rosy, for such a small amount of the total, because that is where the floor has been put. Well lower. Devaluing the mcap 50% to raise £300k doesn't feel like a great move to me.
Knigel, DC may have something to shout about, but who will ever believe or trust him again? Must admit I have bought more shares at this price and laugh at those insiders who bought at a premium
Knco forgets that people’s emotions can change - we were suspended for ages and some people had given up and/or wanted out on relisting. Now that we have actually relisted - I suspect some are relieved and considering their options. Btw there’s an investor presentation next Monday which makes me think there will be another RNS before then - surely DC will want something to shout about???…
Bennster, totally agree with you Knco AKA Tintin should sober up and stop such nonsense. If he/she/ it has that much insider information as to say it will be 30p and he /she/it has benefited financially by that insider information then it is time to hold the insiders to LVCG to account for unregulated activity.