Member Info for Bennster

agreed Knigel.
Tintin - the "I've been here longer than you" approach doesn't exactly warm me to your message. You don't care what I think yet you post 5 times a day promising 20p next week, so you clearly DO care what people read here..... you don't like being questioned.

Up 3.4% and it's 8:38
What's the rush Tintin (Stocktrader)?
I don't know who you are, you may actually be genuine - but until we know the truth cryptic messages about second hand Whatsapps with David and private messages of great riches don't really stick with me.
If you really did know this was guaranteed to be 20p next week, you wouldn't be telling anybody about it - you'd be re-mortgaging and tasking out every available loan.....
If you wanted a quick rise to get out then you'd certainly want to spread a massive ramp....

absolutely right.
All eggs in one basket can lead to a omelette on the floor.

Hi Knigel - I recall that change of heart too from our friend ;-)
I think this kind of aggressive ramp does us no favours long term - it attracts short-termists who then cloud the real value for the genuine LTH's. It means we all end up having to watch and trade to avoid heart stopping peaks and troughs.
I really believe if Frankfurt goes really well, there's some solid numbers released and NO MORE PLACINGS that this share can and will get past 20p at some point after May.

Lifted from the original RNS last year:

"Revenue generation
LVCG owns 50% of KPE. KPE earns revenue via a number of sources including; 40% of sponsorship revenue, 100% of the net profit of event related on-line merchandising, 75% of the net profit of merchandising at the event, 100% of broadcast and streaming rights (ex-Korea), annual consultancy fees of Euro 200,00 and a percentage of the ticket sale profits."

So LVCG see 50% of each streaming purchase - outside of the homeland of Korea.
If we use MB10's maths of 100,000 subscriptions for the event at $25 each outside of Korea, that would give LVCG $1.25M for streaming for the Frankfurt event - so roughly £1M. This is why I don't believe the "rejected £8M" rumours.

I agree with you Graphicboy - the long term potential is huge if Frankfurt goes really well, but we need that proof of concept and the numbers to see what more concerts really mean to shareholder value. This is what will drive the long term streaming value for us.

There's a problem with asking a question like that on here - my worry is you'll get one sided answers 212hl, big wild guesses from the ramper(s).
DC has a habit of placing shares and chasing dreams - he just placed again to set up his own video unit - what if he's not got a deal he thinks is good enough so he's going to try and do it himself? (He's done it before). We could miss out on a great commercial deal and find May 4th ain't what we want to hear....
Now I seriously hope not, and I hope it's great news, would love for him to drop a massive re-rate on us - but you have to explore all possibilities.

I fear this is starting to sound like a boiler room job Tintin (or Stocktrader2 on ADVFN)
Why the desperate rush to try and ramp this to 20p so quickly - if you see where I'm coming from?
Encourage newbies/traders to buy on rumour by chance?

I'll be happy for a steady 5% day again, but then again I'm in it for the long term as others are on here....... I don't think this share needs the ramp right now.

Happy with the churn and happy if we keep getting those 5% days.
Happy if this becomes the new "normal".
I am wary of the "buy on rumour, sell on news" brigade though. Now that everyone is talking about May 4th (Star Wars Day?) being the MEGA news day......

to be fair to you handspring guy (Dad dancer) - I just checked the live broker - 1.2M traded by 12:30 - so healthy but still not exceptional?

?
470k shares traded by lunch - we average 2 million a day for the last 6 days.

:-)
There's a lot of very poor quality conversation on these LSE message boards, but this one seems to buck the trend - always good to have the discussions on meaningful topics.
I think I'll agree to disagree with MB10 on the movement today, but I'm always interested in (and wary of) the factors (obvious, above-board or otherwise) which can hurt my investments.
I think we're all enjoying the rise on this one and will continue to do so for a while. Have a good weekend.

Honest challenge Thereshegoes - meant genuinely.
If you're an ex MM then be honest - we both know that manipulation *can* occur with human intervention, but you'll have seen that on shares with a bigger MCAP that make that kind of intervention feasible - Darktrace was a great example in the last 6 months.
Do you believe anybody would spend their time doing that on a £20M MCAP company like this? Do you believe that there were significant stop losses to trigger at 10p on this share?
Question in peace as one who knows the system too... ;-)
In the end Graphicboy makes the best point - the drop in price has attracted new blood and that bodes very well for the near term. I'm pleased to see the reverse as I expected a drop today.

Good news indeed - nice to see new holders as you say.
If I had any more cash to top up I'd have joined them, but I think I'm in deep enough now :-)
Bring on next week.

Further, I note a buyer has come along in that last few minutes and look at the spread - it's moving back up....
If you were right about the wicked MM's they would be holding the bid spread down to accumulate still.....

Sorry, but some bloke on Twitter isn't the gospel. May as well treat Zak as gospel too....
I work in finance and I know how the automated MM system works. Yes, there can be manipulation but only where a human gets involved - that will only happen on larger MCAP shares where it's material. For a microcap AIM share like this it's just automatic. The share will go NT once a day to ensure the system is still in kilter.
If your theory was in any way true, then the wicked MM's would have been driving down the spread on Wednesday or Thursday, but they weren't were they?
Nope - the reality is called supply and demand.
This week there's been buy demand and today it's a sell demand. Simples.

I don't get the MM fixation MB10. They can't make people sell by moving the spread - it's the other way round.
There are quick turnover merchants here this week - they have made a killing following Zak this week - we started Monday at 8.2p remember? Now they all want their weekend beer money so the MM's process quite understandably drops the spread to compensate.
If a buyer rocked up at these prices, the spread would rise just as quick as it did earlier in the week and just as quick as it's dropped today....
Not that any of that affects those of us who hold long term, it's just noise.

Today demonstrates another lesson:
The Mr 10%ers always like to sell up on a Friday - so if you want to buy, now's your chance. If you want to sell, you could have had nearly a penny more yesterday by avoiding the sheep.
Strange mentality, but it is what it is. It works for some. Next week more movement upwards I think as we get closer to the streaming announcement.
This is why I don't like the day traders getting attracted to a share through chartists and rampers - it distracts and disguises the compelling investment story.
Wait for the "god" that is Zak Mir to decide this has crossed a bollinger band or something and will drop to 3p next week.... *rolls eyes*

Ah! I remember that.
You have chance to get back in before the £2 promised by our new directors.... :-)
In the mean time I'm still only a little bit green after yesterday's rise so need more yet.

it's happened to me - it's just because you got a buy a fraction under the mid-price at the time of registration. It's just an automatic flag, pay it no heed.

Another 6% day will suit me just fine.
Another blue day and all is well with the world.

More BBQ and beer is the order of the day for us :-)