Member Info for Bennster

All good stuff MB10 - but have you factored that all the KPOP revenues you list are for KPE and not LVCG? From the KPOP RNS....

"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."

LVCG only owns 50% of all this. This may explain a discrepancy in our estimates?
With 166M shares in issue after next week I am anticipating an overall maiden positive EDITDA of about £1.6M hence my SP target of 10p

PS - worth noting if we only get to my lower target rather than your higher one, we're still nearly trebling our money in 12 months which I hope doesn't sound too negative - I suspect lots of holders would be very happy indeed with a 10p mark in 2022. It would make it my best performing share in all probability too!!

Fair play. I don't know your history with any poster, but I haven't see Tintin attacking anyone so I speak as I find.
To your question:
Personally I think the AIM relies on a lower P/E for this kind of activity and the state of the businesses finances (clearly just me giving an opinion, by no means meant to be gospel). I would work on P/E of 10 for a company with such a weakened balance sheet.
The question I sent in for tomorrow's relations presentation runs at the heart of the matter for me - are we going to be diluted yet again because the cash isn't there - and are we going to place to get into yet more sectors without making any of the current ones turn a proven profit?
I would much prefer LVCG to mature its business model now, stick to the stuff that's ongoing and make it work. If the company can generate 2 consecutive years of positive EBITDA and prop up its balance sheet without another placing then I'm good to go with a P/E of 20.
On that basis I stick with my 10p SP target in 2022, so long as there are no more placings, but we can certainly go higher if the profits beat expectations on KPOP for example. In 3 years, with prudent management we could get much closer to your 60p

MB10 - serious question: why do you need to make personal attacks like a 12 year old in the playground?

If your argument is correct and you're right, there's no need. It's a weak form of debate to attack "ad-hominem".
I agree with much of your latest posts and share your optimism, albeit not to the 60p mark you were quoting 3 weeks ago!
I don't agree with Tintin's totally pessimistic view, but I do respect that we are ALL shareholders and it's good to hear all sides. Without some realism and balance in anything in life it becomes mob rule and a "who insults worse" environment.
The Paranoid Android thing is not adding anything sensible to the discussion, unlike some of your posts which are good and well worth consideration.

I see history has been re-written for us this morning!

Apparently I've sold out now? I'm just bashing somebody else's share? News to me - I can still see the fat red in my portfolio.
Castle and Starknight do a lot of research too. The upshot of which is "Any SP price is possible" from Castle or "At least a double bagger from here" from Starknight.
I'd be very happy if it double bags from here - I'd then be a lot less in the red......

Not sure I approve of the cheap homophobia either Castle - that's an attitude that belonged in the past, not in 2022.

Maybe Castle and Starknight are right - maybe we dreamed it all up! The share price hasn't collapsed at all, actually the test is ready, actually we're all making loadsamoney here...... welcome to the BRH message board.

I note three people had the self-shame to recommend your post.
They must either be alter-ego accounts, fellow blind rampers or equally inept at having a mature debate on the reality before us all.
No change from the rubbish that you infested this board with all through 2021 and look what that did for PI's that were sucked in.
I will not step back and allow you to continue to pump this without challenge.

Starknight - an interesting extract from the BBC on behaviour on BB's like this - you are the classic case in point:

Dominance can be attempted in the content of an argument, using a host of dirty tricks designed to make an opponent look weak or foolish. These can include:
• Arguing "ad hominem" - attacking the person rather than the argument itself
• Knocking down a "straw man" - distorting the other person's argument and then attacking the distortion
• Guilt by association - rather than exposing flaws in an argument, calling attention to disreputable people that are sympathetic to it

You have been a thorn in the side of this BB for over a year with your blatant ramping (you had to apologise for the last pathetic attempt last Friday). The SP speaks for itself and all I do is call it as it is - we have seen an appalling drop in value over just 6 weeks driven by a seller connected to the Chairman.
I've been very honest about my reasons for investing but also my frustrations.
You, on the other hand, have been shown to be a manipulator, blind ramper and also incapable of backing up your opinions with any intelligent reasoning or fact. This last post is your latest drunk attempt to attack me.
You are a poor investor and a worse influence here.

IF you are underwater??

Is there anybody left here who isn't? How can anybody be well up after the start of 2022.
You're now trying to be bullish and you're agreeing with Prolee's 10p prediction 3 weeks ago.
Amaziing.

sweet mercy - at 16.4p too

4.5/4.6 split right now should keep Tintin quiet :-)
There's a tailwind as we head into the weekend folks.
Monday's SP will be an interesting watch!

right on cue - 2 block sells at 17p
careful what you wish for :-(

I'll go for STREAM/LIVE

well he's wrong about that last point - I bet we are all reading what's going on because we are well aware of tremendous demand - we just don't want to be diluted again so somebody else gets the jam :-)
Spread now 4.3/4.5 - so there's going to be something good coming or some really upset spiked buyers come Monday PM..... definitely been my share to watch this week!
Superbowl hangover may get a great tonic yet......

need to start scraping Twitter for the gossip - there's a high level of buying just started.....

Why does it make NO sense? If these guys haven't been paid and there's no cash then this could have been the only option and not something they "insisted" on. Seems perfectly reasonable and indeed would add to any pump prior to Monday.
I am positive on this share - I only look to see balance and understand all possibilities.
Meanwhile I have just seen 4.48p being paid, which is a nice thing to see :-)

The purpose of my post was to show there's both sides and all possibilities, that's important in investing and generally understanding in life.
MB10 always goes for the upside, you always go for the downside. We're all just speculating
Let's see what Monday brings........

I might read some more of Maria's Tweets - she sounds like my kind of girl!! :-)

"Question then, why did they choose this particular moment to insist on taking their salary in sharers?"

Not sure anybody offered up the competing theories...
I reckon you're going to say it's because they believe this is about to rocket and so they want to be in now before a blockbusting Monday RNS - which may be the case and let's face it would put a smile on all our faces.
For balance, however, it's worth noting nobody knows if they "insisted" on being paid in shares or whether they were offered no choice because there's no cash left. The price ticked up so the board moved quickly to take advantage - which may also be the case.
Monday could be a mix of both very exciting news but also a placing slid in at the back - hence my question sent yesterday.

You have to see all the possibilities though - last time they did an investor session it was followed by a placing.

Me too!! 350k shares traded so far and the last trade at 4.22p
There may be some anticipation of Monday (buy on rumour) but that can also mean sell on news.... I'll remain a realist until we know what Monday's revelation is :-)