Member Info for Jimmy_Stocks

Detailed forward guidance adding meat to the BN bones in the EY accounts would be very welcome.

Also hope they are planning trading updates after firstly Madrid and then London. Market might start to take notice then.

I’ve never seen a BN rerate a share. At risk of stating the obvious, execute on the numbers, starting with Madrid, and then reporting on it asap and we’ll be heading towards that 11p.

I'm not a super backer of anybody. I am backing what I believe to be a mismatch in valuation. Posting your thoughts on here might come across as abit cheerleader'ery sometimes but for me it helps to cement in my head why I am invested. And to also look at about potential reasons/risk not to be invested, like the ones you've posed.

Why can't Jason Lee do what DC is doing on his own? Well, possibly a number of reasons. He holds a chunk of LVCG shares, is working within the company and will presumably want to see a return on his investment. DC is a great deal maker. Bringing these smaller bands together to sell out arenas was his brainchild. SBS is the key relationship, to what degree is JL involvement in that relationship we don't know. And these festivals are happening in Europe, bar the Japan gig. Does JL know the terrain in Europe and have the contacts? Not to mention, the festivals are all annually recurring, so if JL wanted to cut DC out of the loop, then he'd have to work on additional dates/countries, given KPOP LUX would already have Spain, UK, Germany tied up. Not to mention, I am guessing JL would be tied into some kind of competition clause. And if he'd wanted to go ahead with these European KPOP festivals, wouldn't he have attempted it previously.

Retired Banker, I believe the note is conservative in that kpop streaming, merch and sponsorship have been left out of the numbers. It remains to be seen what these generate but global live streaming could be nothing or it could be significant.

And on the face of it, 50% growth may seem optimistic but it could be as simple as adding another date in the calendar of each of the festivals. Or adding another location.

The BrickLive business was valued at multiples of where the marketcap is currently. I could understand some of these grumblings if we were at a £30-40m valuation but we are at all time lows, with now 4 divisions, one of which is going to generate more profits than anything else before it. And using 99.9% of AIM as a yardstick makes the valuation even more farcical.

Whilst I agree the note could have been more detailed, it does say that the projections are conservative. Is it not common practice to leave a relatively easy target to meet and exceed?

The company will be self sustaining, in a high growth market. Streaming revenue and prospect of further K-POP festivals provide the realistic and achievable potential for further gains.

The numbers in 2023, if achieved, is a turnaround compared with how numbers have looked since Covid and at £6-£7m, the Group still looks vastly undervalued to me. Maybe I am missing something.

We got to £25m mcap off the hype of one kpop show last year.

Now a bigger share of 4 recurring annual kpop shows, which are de-risked, via the licensing model / guaranteed revenue. Along with the experience of the first one behind them.

Lots of noise recently from people not invested but the facts were the Group was/is massively undervalued. This time, incoming rise will be backed up with fundamentals.

Lack of hype around LVCG down to a lack of placing flipper twitterati action over the past couple of years imo. BUT Fundamentals can do all the talking, when they arrive. Ticket sales and tangible revenue from tangible visible events, not some usual AIM pipe dream rubbish. This is riding on the K-pop trend, backed up with SBSs ability to attract the acts that sell the tickets. What a great position LVCG are in with the K-pop division.

Hopefully Madrid sell out is closely followed by the updated guidance. One of the risks is a lack of demand for K-pop tickets. Current sales and social media engagement are putting that risk to bed.

Why don't you offer a view then simple, instead of being a chocolate fireguard, offering absolutely f all to this board other than being the solace of 'blunt and fact' (in your own mind), offering nothing up yourself, on a share that you own f all of.

All well and good being 'blunt and factual' (in your mind) simple but maybe you could discuss what you think is a realistic p/e and be constructive. Or are you one of these people that find the negatives in everything yet offer up nothing yourself?

Many of the biggest 'live entertainment' business' are themeparks etc, so it is difficult to pinpoint an exact comparison like for like. Live Nation is the closest thing but they are a monster and also have the ticketmaster / tech side.

LVCG being in control will also mean cashflow greatly improved, with DC stating revenue will land in August and for London, October.

The number of updates from kpop lux and level of engagement from fans for Madrid have been very impressive.

London September line up even bigger apparently, so the engagement and hype around that 3 day event is going to be exciting times indeed.

When is this ship going to turn around ffs.

Why do RNS's with this company constantly throw shareholders under the bus.

What would the SP be I wonder if they had announced separately these 2 pieces of news. First the JL disappointment. Then the next day, announce the BL assets sale but give it some context. 'The sale of this set represents x % of the total sets/bricks/assets that BrickLive own'. Give shareholders a chance to value the inventory.

But yes, line ups for Japan nice and early would be welcome aswell. Instead of the strategy of winding fans up, expecting them to buy tickets with no acts announced.

Wasn't Japan July? They messed up the dates in the RNS didn't they.

This consistent engagement from the KPOP Lux account is how I pictured what I would be invested in. Lots of buzz, lots of engagement, tickets going like hot cakes.

They really owe fans and investors an update now on Frankfurt. A simple question that needs answering ASAP, what is the hold up in announcing the line ups?

They also need to update TOMORROW whether JL's investment landed last month or not.

Yes indeed. The market will want numbers but a minnow £5m-£6m mcap working in partnership with SBS in a huge growth area such as KPOP, hopefully it is just a matter of patience for shareholders to get their heads back above water!

Any buys are 2.11 and above though I think suedee. Another weighty bed and isa gone through today by the looks, not seeing much activity today this end, other than that b&i and 2 small trades, unless I'm missing something?

I am honestly not surprised suedee. KPOP is a monster. They are messing the fans about with Frankfurt though.

Madrid engagement is on fire. The common denominator of negativity appears to be the German promoter. I don't believe SBS are involved in Frankfurt, could be wrong.

Why any 'promotor' seemingly thinks its a good strategy to not announce acts this close to a festival is beyond me. Just get on with it ffs

Yes and you weren’t invested then either.

I was doing my dd on the company before making a full investment, yes. You were the most active member of the chat group, even though you no longer held. You think I took everything you said as gospel? Do you take everything everyone says to you as gospel? You were knee deep in MOS at the time, which was red flag central even then, so why would I have done?

Why you think that is some kind of accusation, that I was asking questions, is beyond me.

Anyway, where is this getting us? Let’s wait and see what’s delivered eh. As others have said, easy to have a crow during a quiet period.

He holds Knigel 'punt money' that he put in during latest rise to 2.5p as a short term trade.

Guzzler labels this high risk punt. I am glad it doesn't have his backing, giving his track record of picking stocks.

Yes I messaged to check your sanity, when you were claiming that the £200k investors were flippers. When I realised you were not interested in any kind of sensible conversation and we were going round in circles (like here) then that conversation ended. And I'm not trying to downplay JL investment, I just don't think the whole company future rests on it. It is more important that the kpop shows get going (line ups announced).

I do hope one of your investments actually ends positively one day. GL