Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I believe tangible numbers from Frankfurt will give value. An idea of venue based income from ticket sales, merchandise and sponsorship plus streaming income will help value the company. The streaming is also a tangible way of adding to the evaluation.
The brand is young so I don’t want to get too excited about streaming, whilst 1m streams would be amazing I think reaching 6 figures for the first event would be a solid base. Future figures will only increase as brand awareness grows.
We should get news in June about how the first event went, I would rather see the teething issues ironed out than try and run too many events to quickly.
There are many shares with far greater market cap than lvcg but nowhere near the income generation. Once this matures it will be ripe for a takeover target. Sit tight, enjoy the show and in 2-3 years this will be in the pounds.
Next Saturday will see the first kpop flex concert! I have been in this share a few years and next Saturday represents a huge turn around.
We should get an update on ticket sales and merchandise first and then the streaming sales thereafter.
Following this, news on the second concert won’t be far behind.
The next couple of months could be truly transformational!
Fever tree has a market capital of £2b. It posted today that profit was £130m.
If we post a profit from one festival of £4m and with other businesses this improves to £6m, I feel this will be realistic. If we extend to 4 kpop festivals we may be looking at £15m - £20m profit.
Even if we get to 1/10 of fever trees profit the market cap could be multiples of todays price.
I know this is a broad comparison but it gives you an idea what the potential share price could be here.
The market is blind on what this is worth. Once the first festival takes place on the 14th and 15th of May I expect the numbers to come out in a month or so afterwards. The market will then wake up and realise what this could be worth over the course of the five-year agreement. I hope they’re able to extend that agreement in years two or three. It Has already been muted in interviews that we could get further K-pop events this year and we could see two or three a year go forward. After the first event it will be much easier for the market to value this company and we could see a complete re-rate. The only thing keeping it down at the moment is the global uncertainty around Russia and the lack of tangible evidence of what this new venture will deliver.
75% of profit is really good.
Up to 88000 people attending , this could be worth over £1m
There is definitely an appetite to buy all shares available, Bennster hinted he might know who it is.
Could a large company or institution be taking a position? Kpop europa will be on the radar with all the news.
If a future takeover was planned, it would be wise to take a position at these low prices.
Roofer, expect to see more than 4’s week
Charts looking good, Zac Mir seeing 7p
https://youtu.be/Wqcu_FzNvWA
For those that missed it (amongst the paranoid android) there is an investor event tomorrow which should prove very interesting.
https://presentations.investormeetcompany.com/investor-meet-company/LIVE-COMPANY-GROUP-PLC-Investor-Update?bmid=c06c648e152d
If second guess is correct tomorrow’s clue will be
_ _ _ _ _ _ / _ _ _ _
_ _
_ _ _
For May
Or I may be over thinking it
SECOND / DATE
15
Ok, so this may be a long shot but here’s my thinking.
Most stadiums are in use for the football season with most leagues finishing towards the end of May.
Frankfurt have their last game away on the 14th so the concert is possible. Premier league grounds will all be in use.
However, the Scottish league finishes on the 9th April. There aren’t many grounds with a capacity big enough to attract a concert like kpop. However, the following would fit the clue
CELTIC / PARK
UK
Capacity 60,411
The timing of this announcement is interesting, I suspect they wanted to issue shares in lieu of payment before anticipated rises in the kpop activity.
That said £175k for a number 2 is ridiculously high and not justified for historical shareprice performance. Ranjit has not been seen to do much in the public eye.
100% of streaming rights MB10, the 10% was a mistype I presume!
There’s nearly 500k of buys showing as unknown!
Has the shareholder event come through as an rns? I can’t see this in line with other events.
Can anyone post the link to this event?
Bennster it’s 100% of streaming outside of South Korea to be exact.
However I suspect the North Korean market is quite limited
CEO is meeting bidders for streaming this Thursday so should get announcement about this very shortly.
Another concert day would be a massive bonus, aligned with Covid restrictions being lifted and the peak bricklive period approaching signals good times for LVCG
Let’s hope for some more buys then! Looks like the window to get in at these values is closing.
That’s a cliff hanger tintin, I have always believed in a second night. What were the hints?
Got to be a second date next week, surely?
They keep hinting at this, I don’t think they are referring to the screening with this. Whilst another date won’t double takings it could add 50% +.
This kpop theme is going to grow quickly, possibly to a global model. It could run multiple concerts around the world every year. What a brand to create, grow and sell in years 2 or 3. It is not infeasible to get £100m for this in 3 years time.