Member Info for Dubbs99

sales today and still the SP is just 2.86% up. I get the sense that the MMs do not want to let this one go yet...

Come on let's get then SP back over 45p (absolute bargain)!

progressing so quickly with a global brand and with incredible partners in the right parts of the world - future financial reports should be very promising and impressive - I'm just impatient to see them! I guess the SP will remain pretty static until the financial news on new deals is released and I think we will need 2 or 3 RNSs with the facts released over a short period to really get the momentum going. The risks and downsides appear very limited to me compared to most AIM companies but the upside potential is great - The market will wake up to that with the right financial data being released. What do others think?

just 75 sold! Very low volume but no reasons to sell this share and a lot of good reasons to buy, just need patience now.

Completely agree. I only managed to see the interview this morning and it is hugely reassuring. The touring licences are highly profitable. The one announced yesterday is worth £350k profit per annum and if/when the licence for Japan is sold that alone would provide another profit of similar order. Just one more at the level justifies the current market cap and there is a lot more going on in addition! DC clearly sees the touring licences as the cash cow/way to bigger profits so I expect to see more tour licences signed over the coming weeks/months. The brand is very strong already, this story is just beginning.

Even on a disappointing day for the SP, the buys were almost still as many as the sells. I expect this to pick up again before too long. So many prospects and great potential. Asian focus is a huge positive for me.

Malcmorewine, I agree with you. The financial results themselves are meaningless with regard to the now and the future as they only cover 9 trading days of the new LVCG business. Ignoring the one off, exceptional costs of 'dealing' with ending and transferring the previous business, the operating losses for that previous business (£390k) were not as high as I anticipated. The placings in LVCG up to April will have paid for the liabilities transferred from that business so all history now. All that matters now are the prospects for the new business and the RNS regarding Bricklive Touring and the payment for the licence(s) is very promising. I am however, disappointed that the forward-looking statement didn't make reference to potential future profits so we are still having to guess how big this opportunity is. Hopefully, we wont need to wait too much longer to receive news from the company about actual trading results for LVCG post last December and an indication of future revenue/profitability targets.

Uinsionn, I so hope you are right. All the indications are that the events are being extremely well attended and are proving to be very popular. The company also appears to have fabulous connections and is well-placed in many of the right countries/growing economies. I just hope the forward-looking statement tomorrow highlights the level of revenue that LVCG can/is making from an event. By my reckoning each event has an average of 20,000 attendees. If LVCG made just £2.5 profit from each attendee (surely a very prudent estimate) that is £50k profit per event. When up and running with 60 events per year that is £3M profit before all the other revenue streams are even considered. At a sector PE ratio of 20 to 1 that would provide a Market Cap of £60M, so nearly three times that of the current valuation. If anything like that can be discerned from the statement I think LVCG gets on the radar and the market will wake up to this opportunity. GLA

This week

...would be nice to close above 48p today.

The MMs tick the price down on every sale but aren’t ticking it up in the same way for buys. They need stock.

Totally agree Wisha. Is the market waking up? The volume is certainly increasing and the buying!

DJP, yes but the Chairman’s statement should be forward looking and could contain some very valuable and positive information. Here’s hoping.

Thanks Wisha, do you know how many tickets were sold for the Glasgow events in total?

I really hope that the results/accounts (due in a fortnight) include a forward looking narrative that reflects the numbers attending events so far and the revenues/profits generated from them so that the market can estimate the future very likely significant profitability and cash generation of the company. If an average event has 20,000 attendees the revenue per event must be c. �1m. So if LVCG profit from that by just 5% that's �50k per event. At 60 events a year that is �3M profit before we add in cafes/creches etc. P/E ratio for the sector is a minimum of 15 so a minimum mcap of �45M.

..thinking that bringing forward the release of the annual results is hopefully a good sign?

From my research into the company and David, it looked to me that both got involved in the wrong type of events previously. Golf is in decline and sponsorship thereof was primarily coming from banks and other large corporates that needed to pull back on such investments. BrickLive is a totally different business using one of the best brands and products in the world and is respected globally - Lego. The new management and events delivery team have an impressive track record and David has the right links and sponsor networks in Asia where the big boys are doing well and will jump at the chance to sponsor such a safe and family friendly brand and linked events. So, I think the past is not a good measure for the future regarding LVCG and the opportunity, that they are well placed to take, is enormous.

..come on let's push on through the 40's!

Low volume this week, I assume a few profit takers are selling after the fast rise over the last 2 or 3 weeks. Hopefully lots of news to come and impressive early revenue and profit figures. The numbers attending the shows (that have been selling out) certainly look very impressive. The opportunity in China and the rest of Asia looks enormous to me. GLA

First thing this morning, another 10,000. The opportunity looks great. I wanted to be fully loaded ahead of what I expect to be very promising revenue figures that hopefully will be released to the market before too long. GLA.