Unless you can list dates and amounts taken as fees from various subsidiaries - you are simply making assumptions and digging an ever deeper hole - we can all agree that DC is after himself and has created doubt on various issues - but in a good news day - as a shareholder / I wouldn’t be posting slightly off topic negative comments - it’s like walking pass my house and smashing in the windows!!
It could also be totally above board - set up for tax purposes - aka as with many other companies. If so concerned, perhaps ask for clarification via an email to the company - you certainly won’t listen or get the answer you want on here - btw you said May 2022 yet you only raise it today on a good news RNS - sorry why not mention it earlier in a non news period ?
Fine - but I know all about DC and I presume we all invested here knowing the company was dominated by one individual - something that happens on AIM. Totally agree about missed dates-promises-revenue/profit targets but it depends if you are a glass half empty or half full person. I always try to see the positives of my investments even if most of my shares are near historic lows still - I expect most will recover!! The positives are Jason Lee and his investment - new CFO:CEO appointments - hopefully DC taking a back seat soon - and four growing divisions! Yep the big negative is the structure of the company and it needs to be more transparent - and the bombed out share price
Can we have the positive Bennster back? Have you sold as its 100% negative posts now - we get a positive RNS and you put a spanner in the works - change the mindset! (Imo) loads of companies have sub divisions - the issue here is DC and his layers of benefitted before shareholders - fine - I get it - and maybe when they finally get round to the next investor presentation I will rise the question - but seriously there are some sad DC obsessed groupies around here - focus on the company not the man otherwise some are invested in the wrong company - what has been said about him has been said 100 times on here and at least he is putting new senior management in place and won’t be here forever !!
Btw Aimofthegame DC owned part of StartArt as the other director/owner took LVCG shares - some of which he sold recently… not saying it’s not great but DC did agree to reduce the acquisition price when shareholders complained
It’s a division of LVCG - end of. If you think DC owes part of this private company and will cream off the profits - say so! LVCG isn’t the only company that has multiple layers of divisions - could be for tax purposes - to have separate names to identify with certain areas of the business etc. This isn’t something new - we have known about the complex nature of this company for years - as I am sure the poster did his research before buying :-) Agree that DC is in it for himself and AIM in general is a cesspit so don’t single this company out - and hopefully there isn’t another company DC will try to sell to LVCG but at least StartArt has potential and he owes 24% of LVCG shares!! Even if it looks like he is covering all his bases - if the share price rises - he makes me - but so do all of us!!
Only advice I would give to you, Sue, is if you sell (near the bottom) don’t keep looking back - too many times I have sold and then seen the share price recover - occasional I sold and it only got worse for the company ie administration (not that I think it will happen here while the company can get share issues away)… no advice but maybe sell half - invest elsewhere - and keep half? It’s not wise to have all your eggs in one basket anyway - also perhaps hold on a few more weeks to see what the broker note says? Up to you - if also depends how quickly you need the money - I am 55 and if I had sold at 12p I could have retired - now it’s going to be 57+
LOL ultra negative to ultra positive in the same day! I wonder if StartArt reached it EBIT 2022 target re the next tranche payable for the acquisition? Get this out the way and the material dilution might stop.
The drop of 10% seems harsh considering the low volume and smallish sales unless there is a larger trade being worked - the MMs perhaps trying to encourage buying? Annoying or some of my shares like ARB and MATD seen some decent recovery recently so I live in hope the same will happen here at some point the year…
TinTin / suggestion - put all your thoughts in a single post and not loads of multiple posts - unless it’s to make other posters note LVCG - it’s come across simply as quite manic!!! MB10 might be able to help with what debt needs repaying or restructuring but it seems the John Miller wants to streamline operations / remove loss making elements and has hit the ground running - but it might be 2024 before we see any material profits so the promised analysis update will provide more info on what the company is worth imo
For a start, they need to find a company that doesn’t take six months plus to do a KPOP concert cash flow reconciliation and working out what’s due to LVCG - if it’s too complex - then simplify it! There’s so much news “due”. StartArt plans - BrickLive events - new KPOP concerts - the sports division plans - plus anything else they have in the works - so please tell us!!