Member Info for Jimmy_Stocks

It's always darkest before the dawn, as they say. Don't think we are far away now and I think probably a domino scenario whereby certain news needs to land before the release of other news, namely the brokers note.

Earl of Aim - You are harming your own investment with the repetitive spamming. None of your posts are going to speed anything up or whatever it is your intending them to do. Just relax and let the news flow do the talking. Plenty of fundamentals with this share that are going to kick in, doesn't need ramping.

Terry nobody is taking earl or tintin seriously. And if they do hold, they are harming their own investment by continuing to post.

Also, hypothetically speaking if an asset were to be sold, you are assuming lvcg were trying to sell and had not been approached. Which gives away your biased position just slightly.

It's a shame there isn't a rule of a 3 post minimum daily, to stop people constantly spamming the board with repetitive messages.

Seriously, just ease off would you tintin and earl. I think everybody gets the message, you don't need to keep repeating.

If a new investor looked in here, it would put them off.

I hope SP does get to 9p so EarlofAim can stop posting ffs

Attack you? Crikely o blimey what is going on here.

I don't think anyone on here (who doesn't have a personal axe to grind, i.e you and simple) would describe MB's posts as repetitive or spammy.

My last post on here for abit until we have news worth discussing. Big fat waste of time.

Repetitive posts about anything are tedious. Revenue or profit. That is the point. Trying to twist things much Bennster?

Describing anything on here as 'scary' !? Really? What a waste of space this forum is turning into.

Dead cat bounce eh. Your words imply all they need to Hughes on what you think. The fact you think any 'bounce' will be of the dead cat variety, with what is already confirmed this year for the k-pop division, all I can say is I disagree with you on that one.

Simple I agree with you. We all agree with you. We want to see profits achieved and then reported in the form of regular TU RNS's. Going round and round, repeating ourselves, where is the value in that to anybody? People are looking at the past, when we should be looking at what is confirmed this year, k-pop especially.

'Suedee I totally agree. Only problem is will DC give us any answers, straight answers, politicians answers or more lies?'

So Hughes, you want answers but when the answers arrive, you're not going to believe them anyway? Why would anybody continue to hold a company if this was their mindset is beyond me. I do not understand at all the mindset of holding a company where you have such a negative view (which applies to probably half the forum).

I want them to post profits and release trading updates as much as anybody else. But the big money potential imo is K-pop and these festivals haven’t even happened yet, so let’s give em a chance instead of repetitive posts about profitability.

If we have to wait as long as Frankfurt last year to get numbers for each festival then they deserve some stick. But hopefully, with the licensing model and upcoming broker note info, it will be much clearer to decipher what the bottom line is going to be.

A proper trading update every quarter would be top of my wish list but repetitive posts profitability are getting tedious.

Agree the fixed fee licensing is a great move.

Rio fair comments and would apply here if we were at heady valuations. But we are not, nowhere close.

Interesting. That would make sense, how big Indonesia is. Hopefully it is in the line of sight for them to take the k.flex brand there.

Simple they are partnered with SBS and KBS, 2 of the biggest broadcasters in Korea, who are paying an upfront license fee of $1m to lvcg, so I'm sure they won't be putting on shows willy nilly.

Even if they did two Japan shows this year, as alluded previously that we may see another confirmed for September, you would hope a very conservative and worst case scenario would be that lvcg's share of merch+streaming would cover any expenses and that the license fee was pure profit.

License fee models are generally high margin in any line of business. It remains to be seen if that turns out the case here of course.

Japan is the biggest kpop market outside of Korea.

DC mentioned in one of his recent interviews, in Japan it is not just teeny boppers who are interested in kpop, it is also an older demographic, that also have more money to spend on merchandise.

Twisting things again. Why? I don't think MB said profit in the millions for Formula E at all, did he? He might have said it for the group.

Revenue came from the management fee and 10% share of sponsorship is it? So it was never going to be 7 figures revenue, let alone profits for the first event.

On a separate note, If the kpop division doesn't return 7 figures profit in 2023 then I would be very surprised (and much poorer as I'm holding based on hoping that happens). Call that rampy if you like but its what I believe, hence why I'm bothering following the company. What's your excuse?

I will make 'huge' assumptions based on your posts if I like, thanks. It is there for all to see in your posts.

The last time I say this and contribute to your merry go round of waffle - My whole point was the market didn't price in any profits or good news for Formula E. So saying where are the profits, well nobody expected any (bar one or two mindless rampers on here).

Who cares about the project. Stop talking in riddles. We only care about revenue, costs and numbers relating to LVCG accounts. Not the project. Why are you trying to confuse things. I picked you up on this because you were inferring that the event was running at a loss to lvcg, which was based on nothing.

And the second point, I think the confusion was you stating the event was unprofitable, basing that on the Management fee and revenue. What is key is was it profitable or unprofitable to LVCG, of which we don't know yet. LVCG are getting paid the £350k management fee, not being billed for it.

I didn't say I speak for the market. The market speaks for itself in price and volume. That was my point, which I will repeat again:

Where did the market react positively (via share price action) with anything concerning Formula E? Answer to you and Bennster is that it didn't, so both of you saying where is the profit etc, well the market didn't expect any masses of profit and it doesn't look like we have got any. So there you go. Market was correct.

It was the first event though and Formula E is a new concept, so time will tell in the coming years whether it makes a profit for the group or not.

I asked what the market expected, not what some posters here expected. The most important barometer, the only barometer we can about. The Share Price.

On your 2nd point, saying the event run at a loss because of the below then would be a fact. But again, the only thing we care about is the bottom line to LVCG. LVCG get credited with £350k to manage the event. The £350k isn't entered into LVCG's balance sheet as an expense or debit.

What am I missing, or have I misunderstood you?

Was the market expecting profit from Formula E? Please show me where the SP has reacted positively to any Formula E news? Indeed, the SP did drop when the scaremongering came that it wasn't going to happen. Then when it was confirmed the SP didn't really react.

To say Formula E has run at a loss, what are you basing that on?