Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Do these people actually read the thread. If this person really is a shareholder he is akin to a homeowner smashing in his front door and windows atm. Trashing your own investment again and again. Utter madness - especially as it won’t make a blind bit of difference to a suspended share price. Perhaps they like scaring investors? Who lives like this?!!
This lifestyle comment (proof?) keeps cropping up here - but sorry most company directors are greedy .. look at the FTSE 100 for a start - the NatWest CEO is forced to resign for apparently breaking various rules and gets a multi million pound payoff as a result! The Director pay of these companies has sky rocketed over the last few years and I bet their expenses are high too - yes, most of these companies make a profit (easy for water companies etc). Indeed within AIM we have many companies continuing to issue shares like confetti and are loss making (MOS for example) but the directors rarely take a pay cut. So LVCG is not unique except it might start making a profit soon. As for worrying - if we are suspended for five months then I would get worried.
I don’t know … moaning on a BB gets you nowhere - while contacting the company regularly gets noticed - depends if you want to be an active or inactive shareholder - btw shareholders don’t tend to post 100% negative comments for months Bennster ! I share your sentiment but as a shareholder I will always look for positives - try it sometime..
Sadly trolls only seen to complain on here and don’t call or email the company directly - however I personally would be getting a little concerned if there is no update by the end of the month. There’s so much news due - an update on Madrid - initial ticket sales for London - StartArt progress and LSE updates on 2024 sports events - so hopefully there will be plenty of news during September…
Excellent news - being the race of the year should help secure major sponsorship for next year imho… btw the KPOPLux Twitter account continues to add followers - it’s 17.1k now. Surely we will next some updates next week?…
Since the KPOP sector is growing 31.7% year on year, surely there’s enough room for various competitors re concerts? Plus don’t we have 3-5 year deals in place to hold Madrid/London (hopefully ditto Japan/South America in future)? Btw the company is working on the audit and some senior employees are currently on holiday (email reply)..
Yes we all want the accounts and relisting but the last RNS was last week so that’s not stopping communication - but I will send an email asking when we can expect an update and perhaps others can email too?
There will now be at least three KPOP concerts per year - probably more going forward. If you are going to get stressed out about ticket sales over five weeks before the event every time - that’s a lot of stress over a year - perhaps this share isn’t for you? Btw totally agree about the accounts - update us! Phrase two acts are suppose tbc this week - and I presume the final phrase three acts next week…the Twitter account posts regular updates - personally I am more concerned about the lack of news on the October KFLEX Frankfurt event..
I wonder how many shares are suspended on the stock exchange? I know of a few I have held including TNT recently now in suspension. Some due to delayed accounts - others due to cash issues etc. My point is that LVCG isn’t unique re delayed accounts although i agree that we should get another update this week - it be good to have another update on Madrid numbers - initial numbers from London - then relisting should be at a higher price..
I suggest you read my post again - there is a word that’s key and that word is IF (there are irregularies). So I did not suggest there are issues! I dealt with multiple auditors on various pension schemes this year and an auditor can have staff available for one scheme but not the staff for another scheme and there has been staffing issues across the sector from my experience. My point still stands - it’s the auditors doing the audit this it’s the auditors that are to blame if they are taking longer than expected. As MB10 states some posters change their opinions of the company like the wind - it seems the London confirmation really upset the trolls - back on filter.
Agree MB10 - it’s the AUDITORS who are doing the audit (do’h) not the company - so if they need to spend more time on their first audit of the company or have issues with staffing (summer holidays) or are asking for more information - that’s not the company’s fault! The company will only be to blame if there are irregularities in the accounts or they can’t answer any queries. As for communication - there’s been four RNSs in the last two weeks and a number of tweets - some here must want daily updates!!! FYI I sometimes have to wait 3-4 months for a RNS on some of the shares I hold - we knew the company was going into suspension for several weeks so shareholders had plenty of time to bail out if they felt the suspension will last months…