Member Info for Bennster

Now I'm starting to wonder about the bullish posters on here who haven't posted anything in the last 2 days.
Where's MB10's comment on this?
Who was dumping shares like crazy in the last week - it's almost like somebody knew something.
Disgusted - I'm also going to take a step back for the weekend too.

DC has no interest in the value of his LVCG shares - he is clearly happy to take whatever gross profit is made and then bleed it to himself via one scheme or another.
Nothing ever gets to the bottom line so nothing will ever get to a shareholder.
DC has just made more money selling Startart to us than his shares were worth - and he clears £250k a year in "international consulting" fees or the like.
NO dividend or return for us here.

you get no credit for anything - you have hawked this at 20p just a few days ago.
You change with the wind.
I have seen this for what it is and I am absolutely furious.

This is a lifestyle company. It funds DC's lifestyle. I am now in the red on this after being well up and happy with my holding. All the KPOP hype was just that.
I have no desire to defend this at all.
I am very angry. "Profits the same as M/C" indeed - we have been scammed well and truly. To see the SP disappear up it's own backside then a placing, when we're supposed to be profitable - only to see that deep discount used to pay more to DC (who owns Startart)
We have been done like a kipper. Now all I can do is stick this in the bottom drawer till after 2023 and just pray for a spike to get out.
Disgusted.

Natural choice would be North America - large Asian population and big city venues.

To be honest I'm not even sure you could describe most of the posts as containing any real information at all. The level of blind faith is evangelical and almost tongue in cheek it's so bad.
Regulars here know what they are all about now, clearly nothing is shifting this SP until we actually get some real progress from the company directly. The year end results weren't it.
Never mind - have a good weekend.

I reckon somebody did last night - coughing up about 400,000 shares at 5p
It's a sad old world - keep the eyes in the back of your head peeled.

You see Halma - I've been studying the ramping handbook and learning some lessons.
First you have to keep on posting to bury other posters sensible work - that way you can keep them to the background and promote your guff.
Second you have to make sure you post under a header that reflects your message because most people subliminally remember the thread header.
As you can see I have now mastered both :-)
Happy Friday all!!!

I notice that Chinstrap dude has gone for a rest too.
Word of the day for flaky Freddie: Integrity

amazing.
so you got your entry point after all that rubbish yesterday and now you're our friend again?

So the wailers yesterday were screaming that DC didn't communicate or care. There's the latest info folks.
To be critical I think it's a mixed picture TBH
With the streaming not providing profit despite some massive projections from some quarters based on BTS etc. also the merchandising didn't hit the high hundred thousands.
BUT the ticket takings were just under £5M with a very promising average price upswing. That's quite an achievement for the very first KPOP foray and as other concerts come online the lessons learnt will help drive this way up.
E1M already received for Frankfurt 2023 and of course the 3 day O2 festival plus whatever else comes along....
Overall this is as I expected back in January when I bought in - we will demonstrate a bottom line profit in 2022 and once the market stabilises this will value over 10p on a P/E of 10 and by 2023 should be up at 20p. It's just going to take some time - more than the short termers want it to.

This was todays opening post - open to any genuine thoughts to those who have a constructive view on the facts:

Last year's results are interesting - improved revenues on 2020 and a tiny gross profit on activities
Obviously even though overheads have been reduced there's still a loss, but it's much lower than 2020.
As far as I can see if LVCG maintain their overhead levels then a gross profit of £3.4M on a combination of KPOP and Bricklive alone will deliver positive bottom line.

Now - what can we estimate for 2022? This is my early stab and up for debate, no doubt I'll have missed something...
There's a total of £1.5M borrowings at the end of May 22, and operating costs of about £3.4M so I'd expect DC to want that paying off before any retained number to shareholders so I think the target for us to see a shareholder return is minimum £5M gross profit.
DC has suggested famously earlier in the year profits equal to M/C - when M/C was £7M.
In that case I see a positive £2M bottom line for 2022 if he's correct.
P/E of 10
M/C of £20M
SP just over 10p
This doesn't allow for extra revenue activity, which we anticipate.
For 2023 if you include O2 and Formula E alone then you're way past that and so the 20p longer term SP is minimum fair value. 7/8 KPOP concerts would just keep adding things up.
What do you think?

Suedee5 - you are never too old to learn and your point is well made, I shall do the same in future.
When posting on this message board I'll make sure my posts are under a positive heading and not perpetuating some misery header started off by one of these de-rampers.

Starknight's pants?

The best of Tintin56/Stocktrend2

“My 20p target is actually conservative as i know most here have much higher targets” 11/05
“i think 20p is a realistic target short Term” 11/05
“Totally baffling that its in the 7’s now” 16/05
“Its baffling that its not over 20p” 17/06
“Still no news.. think this could hit 5p now” 13/06
“Sp will just drift 5p 4? God knows” 15/06
“People having a ho at me but i was right 6p” 22/06

You are a disgrace Tintin56/Stocktrend2.

sadly - as suspected yesterday mud sticks.
Nothing has changed from yesterday - other than slightly better 2021 results than anticipated.
And yet - somebody dumped out (probably at a loss) late on and we get the SP we see tonight. All unnecessary and damaging (unfairly) to the company and DC's reputation.
For LTH's the future is still going to be based on KPOP outcomes and it would be nice to get that info soonest, but today is a good demonstration of why you can't simply filter these trolls and let them infest the board and drive an agenda.
We do have to stand up for reason.

about £5.6M negative equity - numbers haven't moved since 2018

the company you refer to had DC as a director. It's equity is negative and it has had no income or expenses since 2018

I am looking at EXACTLY THE RIGHT COMPANY - you're annoying me now
You try again.

Chin up12 - I have just posted about that company - the company is DORMANT
No income or outgoing since 2018 - and there is NO spare cash there, it's in negative equity.
You need to get your facts straight.