Member Info for Knigel

Sue, some advice - try to switch off - at least over the weekend - we are ALL in the dark. I look back at the broker note - actually they predicted £400k profit this year - with all four divisions making a profit - obviously that’s now been blown out the water with the cancellation of London.. if I was in DC shoes - I would sell 1-2 of the divisions and keep the 1-3 that can potentially make decent profits - at some point in the future - not sure if a CLN type debt funding is an option but surely we will get an update soon? Until then I will not post again as there’s no point (for me)..

I haven’t posted because I have been literally y speechless with this weeks events - let’s just say my eyes are wide open now. lessons to learn? 1) stick to one night until event is established 2) check no other concerts are planned the same weekend 3) move to August - there’s more people in London ie students/visitors 4) get acts confirmed earlier 5) promotion for those who buy the tickets early 6) were the tickets too expensive? If so - have a section of the venue for cheaper tickets 7) maybe avoid the O2 and use a football stadium instead - or Hyde Park . Btw would the company have any cancellation insurance? DC should loan any shortfall since he arranges the expensive loan. Also I won’t be attacking any one who posts negative comments in future as they were right re this event - apologies

Surprised that there has been no trades or market reaction to the good trading update - somehow I think the reaction would have been different for a profits warning!!

Apologies - reading the twitter page again the code seems to be open to all … looking at Ticketmaster - some tickets are £181.10 after the 30% discount - others £200-£300 plus - I presume due to demand?

So some posters were not happy that no gesture to Frankfurt fans has been given - and some posters are unhappy that a gesture has been made! The company (SBS) can’t win either way.

As I see it - this gesture was posted on the LUX Frankfurt ticket page - applied to current ticket holders - and is time limited to tomorrow - so we are probably talking about a few thousand fans and probably only a handful will take up the offer. I thought ticket prices had already increased since the launch so this discount is probably already factored in. Plus this is likely to be a one off due to ending the FLEX arrangement. I more interested in when we will get an update on sponsorship/streaming - as well as the accounts!

Agree communication is dire … but… it’s the auditors doing the audit - so imho some of the blame has to lie at their door too…?

Fair enough and I totally agree lack of an update on the accounts is bad to say the least - although I personally think they will drop sooner rather than later - this month - and I also acknowledge the share price was suspended at 2.05p due to dire market sentiment. As for selling up - we all want a higher share price - but unless shareholders are more positive (than negative) on the BB - it will be far harder to make the share price move up - when ever relisting comes..

Which company is probably valued on the stock market? There will be some shares way overvalued on fundamentals and ditto some values potentially way undervalued - as for LVCG the share price is 2.05p and the broker has a forward value of 11p. I personally think the “true” value is somewhere near the middle of this range excluding future share issues (negative) or additional KPOP / LBE events (positive). The company survived the pandemic so again I personally don’t see the balanced argument point as I feel the company risk of going bust is less than 20% (over the next few years) excluding the point made that we might not have the true picture. Btw I suggest revisiting the last presentation webcast - DC said the company (organisation/structure) would be far different by October… on relisting I will be adding and at the risk of repeating myself - if you overall concern is cash flow or whether the company has a future - surely you will be bailing out!?

Agree - clearly something has gone very wrong with KFLEX eg literally no twitter posts for months … at least LUX are very active on social media ..

Obviously those who only see and post negatives will be selling up immediately on relisting and won’t then continue to post here…..

Both forecasts excludes merch - streaming - sponsorship - profit tbc. Keep smashing the house…

Too late? Does it take three weeks to book a ticket online? More like three minutes! There wasn’t that much more notice for Madrid so wait and see..

So the final act is “Dreamcatcher” (over 500k twitter followers) for London - hopefully will help ticket sales..

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?!!

So? KPOP is expanding so fast that there’s plenty of room for concerts across the continent imho

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.

Not sure why it isn’t showing as a RNS but Mr Smith acquired another 100,000 shares today - that’s 3 days in a row..

Btw it’s our broker that predicts profits going forward and has a 11p valuation target… perhaps they were ramping? -)

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…