Member Info for MB10

I’ve got no problem with those pointing out negatives, but when the trolls have to resort to lies then you know they have lost the argument. Take the clown on advfn that is claiming that “formula e has never made a profit”, its an actual lie as formula e turned a profit in 2019 #awkward

Not that it makes any difference whether FE makes a profit or not. It’s a growing global phenomena based on sustainability, with a growing worldwide TV audience, and Cape Town, for which LVCG have all the commercial rights, will be one of its go to iconic venues. The track improvements have been paid for by the City of Cape Town, and lvcg get a management fee to host the race as well as earning 10% of the revenue from the partners. Tickets have gone on sale (over £3m revenue) and then there are still sponsorship deals to come and all the activities from the efest, sustainability conference, the golf tournament and the concert.

Combined with the Volvo ocean race with attracted hundreds of thousands of people to the waterfront last time it was held, and its not hard to see how Formula E is going to be a big profit centre for LVCG with its 5 + 5 year contract.

Reminder that the Volvo ocean race stopover, is happening at the same time as the efest and Formula E and has clearly been de conflicted in terms of the weekend race.

Back in 2017 the VOR alone was a big draw to the V&A waterfront. This year in Cape Town it’s going to be much bigger.

https://blog.samsa.org.za/tag/volvo-ocean-race/

“In Cape Town alone, an estimated two-million people take time out to watch the race or visit the yachts’ yard during the two weeks stop over at the iconic V&A Waterfront in Cape Town, located at no more than a kilometre off the foot of Table Mountain, at Victoria Bay.“

Interesting article on KPOP expansion around the globe. Already massive in Japan (anyone we know organising a festival there) and relatively Europe still has significant room for growth. With the success of Frankfurt 22 already proven, looks like lvcg are getting the timing of the move to Europe just right.

https://koreajoongangdaily.joins.com/2022/11/17/entertainment/kpop/kpop-korean-music-kpop/20221117125630830.html

At least you have raised the comedy value on this BB.

Mate you are a total laughing stock.

So apparently you held 10,000,000 shares in lvcg.

Totally believable like ;-)

“ originally had 4.3% of the total holding”

And yet anyone with over 3% has to declare.

Walter Mitty is alive and well and living on the LVCG bulliten board. :-)

Every bulliten board has one.

Ours is more industrious than most.

What a sad pathetic looser.

These bulliten boards aren’t exclusively for people who hold shares otherwise they would be just an echo chamber. Debate and different point of view are to be welcomed IMO. But crass assertion and arguing that black is white and posting endless drivel is not, especially when it comes from someone who has no idea about even the absolute basic mechanics of shares. And I also observe that rarely has so little said in so many words. Personally I wonder how sad and pathetic you have to be to endlessly post on a share you don’t hold, but as I’ve said before if that’s your job then good luck to you, but honestly LVCG deserves better. AIMHO

“The share price is calculated by dividing the market cap by how many shares there are in issue. “

Utter nonsense.

You are still wrong in your latest nonsense.

I could explain but it’s clearly pointless.

So much for being filtered.

You were totally wrong. Just admit it.

Saw exactly the same in the current “darling” HARL where the company were indicating a big contract and people were selling beforehand, yet when it did land the share price totally rerated.IMO Lvcg are clearly saying they are in the final stages of putting in place a massive contract for multiple concerts around the globe, plus they have already laid out how it will be funded. Either you believe that or you don’t.

Not you ;-). The idiot that can’t even understand how the share price is calculated.

No. I don’t believe that’s the news he alluded to.

I see that the village idiot is alive and well. I know it’s a job trolling shares, but it must be a pretty miserable existence. :-)

https://www.investopedia.com/trading/basics-of-the-bid-ask-spread/

This might be useful reading for the village idiot. (Although I’m apparently filtered (is there a downside) :-)

The simple actual FACT today is that the bid stayed exactly the same today and the spread narrowed as one of the MMs dropped the ask. That’s normally a sign of improving liquidity.

Going back to what was actually communicated today, it was confirmed that lvcg is in final negotiations for several KPOP festivals for 2023 with SBS as a partner (presumably for most of them) plus there is the possibility of an additional festival in Japan. There are already 2 in the bag (Frankfurt and O2) and DC has said before he’s working on 5/6 more, so that’s going to be between 7 and 9 KPOP festivals next year.

I also heard today that what I said earlier was indeed correct and that money will come back to lvcg early next year from Frankfurt 22, but we will have to wait for that to be confirmed by the company.

#IdiotAlert

Everyone is entitled to comment in these boards, including anyone who wants to point out the positives and the negatives. Indeed I’ve always personally encouraged everyone to ensure that they take all sides into account.

But honestly we deserve a better troll than the resident village idiot. Not only does he not understand the basics of the bid, ask, share price and the spread, but remember this is the idiot that argued endlessly that the statement from the company re IP rights on the company website wasn’t actually from the company at all. You honestly can’t make that sort of stupid up.

Let me explain. The share price is the mid point between the bid and the ask. And the spread is the difference between the bid and the ask is the spread.

Not what you said Walter. #idiot

“The bid & ask price is separate to the share price and the spread is the difference between the share price and the ask price.“

Eh it’s not Walter. I could give you the 101 on the basics of shares, but I’m reminded of the quote by Mark Twain “Never argue with idiots as they will drag you down to their level and beat you with experience.”