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From ticketmaster site
KPOP LUX: The biggest KPOP festival in the world
ENHYPEN, ATEEZ and IVE are the first three bands confirmed for this festival which will be held on July 22, 2023 at the Estadio Cívitas Metropolitano in Madrid and which will have a capacity of 45,000 people. There will be more than three hours of live music and shows with these international superstars who have revolutionized the music market in recent years.
The festival will have a minimum of 6 bands and more than 40 artists on stage. It will be a unique night because in addition to having a fantastic line up, the bands will delight us with mixed performances among them.
ENHYPEN entered the world Top10 lists in 2022 and this year they have done it again. Made up of 7 members, they have won more than 30 awards since the date of their debut in 2020. With more than 12 million followers on Instagram, the fans of the self-named Engines band will run to Madrid to see their favorite band.
ATEEZ are well known by Spanish fans, they will visit Madrid at the beginning of this year and also in 2020. Their Spanish fans are very numerous, making it an unmissable performance.
The components of IVE, debuted in 2021 and arrived like a storm loaded with rhythms and choreographies. They won the award for best song of the year with their hit Love Dive in 2022. This will be their first performance in Spain.
As you may already know, K-Pop is a musical genre of Korean origin that includes styles such as Pop, Rap, Hip-Hop, Rock and electronic music. It started in the 90s and is currently in its fourth generation of groups, with a fifth on the way for 2024/2025. K-pop groups have a unique fashion and dance style. K-Pop stars are gaining popularity all over the world, appearing on magazine covers and collaborating with superstars from other music genres. K-Pop has more than 200 million followers worldwide and its European fan base is growing rapidly with festivals, concerts and tours.
Capacity for the event is 45000 so you are looking at a max of £2m.
Streaming and merchandise is key and hopefully lessons have been learnt from Frankfurt. Sponsorships will be difficult for the timeframes
Great news today. Madrid is being launched much better with bands announced ahead of tickets.
They need to engage with fans and keep them on side.
Selling probably miton or Riverfort who have premeditated selling strategies
The comments to these two posts are pretty horrifying. I hope they release some great headlining acts soon.
I’m sure all will be forgiven if they do but there aren’t many lives left.
Whilst I agree with the potential that MB10 has posted, i think there are a series of own goals that the company keeps conceding.
For example, we haven’t seen a post on Twitter for over a month relating to a concert that is so close, it doesn’t take much effort to keep the fans engaged and posting on Twitter. They did this last year so why not repeat the positive elements and build on them? By taking this approach they are only causing concern to people who bought tickets and reducing their credibility. Another example would be a Valentines competition they announced but then didn’t follow through with any winners which again damages the credibility. They have made a post on Instagram, but not Twitter Which doesn’t make sense.
No one can doubt that it has been amazing to get these concerts, but the execution is somewhat lacking and they are missing out on building future business by poor attention to detail.
The Chairman announced the brokers note would be released in March, the Riverfort finance was a disaster for the shareprice and it hasn’t recovered, miton keep offloading shares. After these events, can we believe his statement on profitability being £7m???
News is long overdue and they keep breaking their own deadlines, if they can’t deliver on these elements how can they deliver on the potential of the company?
Check instagram, top bands to be announced very shortly. Frankfurt is happening and about to finalise arrangements.
For the purpose of balance there is a major festival in Seoul the same weekend which has probably limited the availability of bands and caused the delays.
Kpop Japan was supposed to be 10th and 11th June as announced in the RNS on the 13th February 23.
I can’t see anything on the internet for the concert never mind bands or tickets.
With 7 weeks to go this is a major concern
I would agree with everything said today. The big deals done are a rare skill and difficult to achieve. They are lacking in execution and detail as was seen at Frankfurt and can be seen in general.
Frankfurt 23 is only two months away and there are many seats left and big bands yet to be booked. The more time passes the less likely Japan, London and Madrid are all likely to proceed. This share doesn’t need much of an excuse to drop the price and if a concert is canceled, it will drop.
They need to focus on on delivery or we will have another disappointing year. No point getting more deals if we can’t deliver the ones we have already.
We know cash is short and it always feels like we are a whisker away from success and a whisker away from needing another raise
Long awaited brokers note, deal from Japan, kpop updates. A lot needs to happen in the next few weeks
Didnt we raise money for our own streaming company.
Two months to go and 20 days since kpop flex tweeted about Frankfurt. I would agree things need to happen and more quickly.
Lots of seats to sell and Madrid and London have been very quiet.
The irony is that bricklive that was the inaugural business is the one with the least potential. It ticks along in the background but its growth potential is limited. Startart seems to be growing very quickly and kpop is the jewel on the crown. Lvce sits in the middle and is very seasonal
Let’s see if April delivers, a lot has been promised this month including the long awaited brokers note. If this is released as promised, then it will give the market something tangible to base assumptions on. We will also have the big bands for K-pop Frankfurt announced, and hopefully a further deal in Japan. It is no doubt going to be a very busy month, and one I would rather remain a shareholder for.
If, for example, none of these are announced in April, I would tend to agree with you, but I wouldn’t want to be sat on the sidelines with so much potential in the next 1 to 3 months.
Is it September or before September? I wasnt clear on this
Interesting that they retweeted the Japan deal 14 hours ago.
https://twitter.com/lvcgplc/status/1639978809024708614?s=46&t=O2pzBiqUXu4YnhTBvxRKYg
Might mean something or is just rather random. But rumours are that he is in Japan currently.
It’s a hell of a risk to cfd that much and would need loads of liquidity to leverage that position. Question is whether it’s short or long?
Will we see the long awaited brokers note this week or next? Surely they won’t renege on another promise and deadline?
Hopefully get another band for Frankfurt too!
Tin tin, how about you give us a date for the big news?
If nothing materialises by that date, you agree to stop posting and delete your account?
Tin tin, which division do you believe will be sold? I can’t believe I’m biting and taking the bait!
There are no signs of a buyer, in fact the institutions are clearly reducing their positions.
I can’t see the kpop jewel in the crown being sold, lvce isn’t worth that much and not sure that the interest is there for bricklive. Therefore leaving startart.
However, if there is any credence to your rumours it would have to be announced.
Earl, your synopsis is floored on many levels.
Birdman are not interested in lvcg, in fact the Japan event in June isn’t even advertised yet and there is a higher risk of it not proceeding given the short timescales.
If they started buying shares in the company the shareprice would rise dramatically and TR1s would be issued.
The fact is no one is buying at the moment, even at these low prices. However, the terrible finance deal has resulted in lots of shares being offloaded, the shareprice will continue to drop until the selling stops.
The company has a bad record for shareholders concerns so other than those trapped in, no one is investing. The broker note due almost a year ago is still awaited, shareholder presentations are no more and the Twitter response to the Frankfurt bands is poor.
Even as an optimistic shareholder things aren’t looking good and there is a reluctance from the board to address this. In fact it would appear they are working against shareholders interests.
Despite the huge amount of good news in February the shareprice continues to fall. Arguably this was inevitable due to the funding raised and the extra 5.6m shares being sold. The twitter posts about the Frankfurt line up are not great as it appears to be too similar to the London lineup, need some big artists to be added soon.
The brokers note is still not released, 1.5p is likely as selling continues and the company need to do more