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ha ha 1 post and he is "concerned" !!!! You should have been here when we were at 12p and still generating profit and revenue as one of the newest gold producers on the market!!! How is HUM going to move forward.....erm well in a gold plated vehicle currently worth $243 million in revenue a year!
Any shareholder disappointed with that RNS needs to get the hell out of investing and go play tiddly winks in a padded cell! In a world full of turmoil, this is one hell of a safe haven for your cash! Gold smashing records and HUM emerging as one of the strongest investment cases in the sector! Let the weak and fickle out if they want to leave, thats AIM for you! But roll on the months and years and the trajectory here will only improve and get better and better and better!
Buying is very strong, it feels like a slow and sustained rerate is finally happening! Q2 results due in a week or so, i wonder how much debt has been paid down during Q2, are we on the cusp of a maiden divi.........! All very exciting for HUM shareholders!
Yes 2.30pm
A very solid update, they are clearly saying that the business is safe, strong and poised to increase in revenue and contracts! The Germany Paw Patrol is a superb event, the 2.1m cost saving has positioned them for success. New zoos signed, previous contracts put off to 2nd half of 2020. At 10p there is certainly many multiples of ground ahead and getting in at this level will surely pay off massively!
Well i reckon we could see some loading up as the line has been drawn in the sand! CV19 has played its part now it is time to put it all behind and look forward to the growth from here!
Fair comment Rio.....but the results are always 6 months behind....they were 2019 results and the announcement at the start of the year was in line with the revenue they had already secured. As start up or early businesses go this has performed well....as far as other sim companies go, for example Bigdish, which is worth more (mcap) - and their revenue is only £12k! - and massive losses as well as being totally shut down during pandemic. Bids is worth 3 x more and revenue of only £140k! with predictions of only £1.5m this year and consistent over £5m losses!!! In general context LVCG are a stones throw away from being very profitable and I have no doubt that without the pandemic early this year we would be seeing 2020 as a profitable year!
That is a very good RNS!!!
Great posts MB!!!!
Great interview, looking very positive and the future definitely appears to be bright, with costs cut and lucrative ventures on the cards! Hints a plenty in the interview! Couple of new brand extensions, a couple of brand new business opportunities in Q4 2020, more Zoos with Zoos doing their own PR, outdoor opportunities in Korea and mythical beasts tour returning to Europe! More to come in Germany and Switzerland.....Timing on a basement level investment could give great returns as LVCG picks up the pace again! Current asset value outweighs current MCAP!!!
The moron lost 3k in 24 hours......that folks is the problem with AIM investors......patience and rainbow chasing! They will go and put it in another stock to try and recover the loss and that will go down and suddenly their 16k investment goes to 13k then 11k.....thats 5k gone through impatience in 2 stocks......
I think investors entering at these levels will do extremely well over the coming months and few years if they become long term holders. It seems a long long way to get to £1 but it is absolutely possible, low shares in issue and free float following a long decline during a time when the company has grown from strength to strength is a perfect recipe for growth and regeneration!
Last nights news that zoos are to reopen is a catalyst for recovery and change for LVCG. What any investor looking in from the sidelines needs to recognise with this company is that this time last year they were trading at 70p with the same number of shares in issue (give or take some small additions). The free float is very small and the move north can be very quick or steady and sustained. Below are some key points shared by a good friend from the LVCG twitter group.
Directors Interests Aligned with shareholders
?Chairman and Directors have serious skin in the game. Chairman holds 34% and added £250,000 @65p in February 2019. 71.28% of shares are not in public hands and the rest of the shares are in the hands of a small number of private investors. The free float is tiny.
?There are no complex incentive schemes - they are incentivised to make the share price go up.
?They own all the IP in this fully integrated business. A lot of the cash used in the last 2 years was used to secure those rights. That’s important as the Chairman plans to sell the group and retire; he has a £4 a share target price with an initial timeframe of 18 months. Building the business and the global partner network has taken longer and his new target date is sometime next year. Importantly this give an exit strategy for investors who build large positions.
?Growth has been funded by equity raised over the last 18 months, and each one has been for a specific growth target. First raise was @35p to buy a single touring set instead of renting one for their events. Next raise was @65p to procure Brightbricks. They they raised @65p from existing investors (Feb 19) to accelerate the build of touring sets for zoos.
They are growing fast
?Number of events are increasing year on year, and they are rapidly increasing the content for their events.
Scaled the business up from their start of a single event to being able to put on 11 simultaneous events around the globe.
?They have worked to put a partner network in place around the globe. Its the partners that source and run the events with LVCG providing the content.
? They have been signing up content providers for multi year deals, especially IP directed at children. They have a 5 year global deal with Viacom to produce paw patrol, nickJR and spongebag squarepants, they also have deals to produce touring sets based on Peppa Pig, Paddington, the Snowman, and Beatrix Potter. Its quite some thing for a global billion pound business to trust an AIM tiddler with their most valuable IP.
? They have already build models that have an asset value of circa £20 million; the current market cap is just over £10million.
They are generating cash.
?Trading EBITDA profitably since Q2 2019 and recorded a £700k EBITDA profit for 2019. They recorded losses for 2017 and 2018 (mainly due to start up costs, buying out bright bricks, paying for IP and model building costs), but are around break even for 2019.
? Its a highly cash generative business, especially the touring sets which see a more than 100% return on capital in the first year and an over 80% gross profit for the next 10 years. A large touring set costs around £300k to build which they rent out for £50k a month; it pays for itself in 6 months rental and each set has a minimum life of 10 years. For the smaller IP driven sets like paw patrol and nickJR the economics are even better, costing £60k to build and they rent them out for £1k a day. Even assuming only renting them out over 50% of the year that’s a £120k profit in the first year and £180k profit in subsequent years. They already have 16 touring sets of various sizes and are funded to build 31 sets by the end of this year. Their GP across all divisions for 2019 was 63%
There are plenty of potential acquirers for the business.
?LEGO are fiercely protective of their brand. They will not like that LVCG have made global IP deal with Nickelodeon and other rivals, nor that LVCG use plastic bricks for some of their events. LEGO/Blackstone are struggling with capacity to build large models and LVCG could be a solution to that problem (widely seen that LVCG bought out Brightbricks from Merlin’s nose last year. Clive Norgaard Morton is married to a relative of the LEGO dynasty and there are massive links between Blackstone who purchased the Birmingham NEC last year and LVCG executives.
?Reedpop (parent REXL) bought ComiCon for £80 million when it had 3 events. They also bought Mack Brooks Exhibitions for £200m - they only had 30 events in 14 countries (cyclical over 2 years). The Vice President of Reedpop is a massive LEGo fan and LVCG did a taster event at ComiCon London last year.
?Nickelodeon (parent Viacom/CBS) might be interested in a rival to the LEGO/Disney/Marvel partnership. They didn’t sign a 5 year global agreement for no reason, and the models being build use plastic bricks not LEGO.
?Any one of the current network global partners, all mostly billion dollar companies, will be interested in a global money making machine.
CD - still being a sour prick......if HUM found gold bars in the ground he would turn it to a negative........just move on HUM are proving themselves week after week now
As the shares in issue decrease the free float gets tighter and pushes the sp up further. They have loads of buying still to do so this could possibly do another 100p
Its been a very steady rise over the last week or so, I still think this is under the radar to many!
I have always been a supporter of DC as have all the LTH's, his drive and enthusiasm for the business is second to none. He has had a bad press from the haters regarding his remuneration last year....what does he do, he turns down a bonus, recently secures a loan on personal assets etc etc. He is absolutely aligned with shareholders!
LVCG are streets ahead of most AIM rubbish that is constantly being peddled on twitter, it just lacks interest at the moment, but the start of 2020 saw a maiden EBITDA profit of 700k debt is low and funds raised have been to further expand the asset / builds. This is one stock that is not on the radar but has massive. The free float is minute and the holding by long term holders must collectively be close to 10 - 15m shares! Loyal shareholders who have been supporting the sp on the dips for the last 9 months since it started to slip after the summer results. Savage drop but we had an ex Bright Bricks owner selling his shares at "any" price which hurt the sp and also crushed sentiment. IT WILL GO MENTAL ONE DAY THIS SP, its like being sat strapped in to the roller coaster while they grease up the wheels...........the move north will be pretty spectacular once lockdown ends and the country and the nations begin to awaken again! We have a full order book and BIG BIG household names backing us with their IP's....its just a matter of time!! Its been flat for nearly 2 weeks so the selling has ceased but shareholders have yet to cotton on to that, its currently hit a firm base, a few decent trading days and this will do 25% EASY!
Likely trades at the mid point between the bid and the ask so it is reported as unknown, it can't be reported as a buy or a sell.