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Its a fair point KNIGEL, although with the news of a 2nd KPOP concert taking place this year (less than two months time) that we know will generate a gross profit (plus the opportunity for streaming and sponsorship) plus StartArt generating revenue in less than two weeks, the risk here is less than it was last week.

Its mainly the muppets dropping the ask today and narrowing the spread, as the buys vs sells are balanced from what I can see. Has been the same all week. Whoever is selling is absolutely selling for a loss at this level.

All good questions, but what is clear is that something has changed. KPE clearly not completely out of the picture (yet?) because Frankfurt 23 is a multi year contract with them. But the Chairman did talk about improving the economics of KPOP in the future, and it looks like that involves all parts of the business. Maybe more details will come out when the partnership with JL becomes a contract?

KPE is not just “missing”, compare the narrative description about LVCG at the bottom of todays RNS with the last update on kpop from 1 June and you will see it’s been removed.

The one thing “missing” from todays K.FLEX O2 concert announcement RNS was any mention of KPE.

Commences 12 Oct. Hopefully find out soon why this is a good addition to the other growth divisions.

https://twitter.com/lvcgplc/status/1576986437349695488?s=21&t=pbHoLa9KjDCr5Lprf0txmg
StART Art Fair London 12th - 16th October 2022 connecting 150 artists from across the globe at London’s iconic @saatchigallery Get your tickets here seetickets.com/tour/start-art…
startartfair.com/exhibitions/st…

https://startartfair.com/exhibitions/start-art-fair-london-2022/

KPOP is the fastest growing music genre in the world.

https://thefineryreport.com/articles/2021/12/9/what-makes-k-pop-powerful

In these past few years, the world has seen a growing or even booming phenomenon of K-pop. Who doesn’t know the boy band Bangtan Sonyeondan or BTS - who recently won not only one but three categories in the American Music Awards including artist of the year. They wrote the history in the music industry as they became the first-ever Asian act that managed to win the AMAs. Even such an accomplishment is also a little chunk in BTS’ longlist of achievements they have recorded throughout their eight years of career.

However, putting aside their impressive talents and great looks, have you ever thought about what are the reasons behind such success? What exactly makes K-pop this powerful?

K-pop, short for Korean pop, is a genre of music that draws influence from a range of genres, such as pop, R&B, hip hop, rock, electronic and dance. Originating in South Korea, the tunes are inspired by traditional Korean music and the lyrics are mostly in Korean with a touch of English.

Owners of the O2 arena (and a whole load of other things)

http://www.aegworldwide.com/

2nd biggest in live music events to Live Nation.

Very interesting.

“We'll be mic dropping the news tomorrow!”

If this is a less than subtle clue as to the act line up then the news really will be transformational.

Repeat customer (many times).

https://www.mermaidquay.co.uk/2022/09/creatures-of-the-ocean-to-take-over-mermaid-quay-this-october-half-term/

AIM is totally nuts and with the poor regulation investors have to navigate way through many pitfalls. The reason people invest is because the gains are high, commensurate with the risk you take. But of all the rocks you have to navigate through its the people who try and prey on fellow private investors that are the absolute worst, the lowest of the low. Those who make false claims, false rumours or just pour negativity like saying for months on end firstly that covid would cancel Frankfurt, then Ukraine would cancel Frankfurt, then there wouldn’t be any ticket sales, then even if there were ticket sales it would make a loss, then even if it went ahead it wouldn’t be repeatable. (Do you recognise anyone ?). Yet it went ahead, it sold out, they added a 2nd day and it made an actual profit (almost unheard of for a first concert from a standing start with only organic advertising). Plus there are now three KPOP concerts in the bag, with the promise of even more. Were mistakes make? Sure they were. Have the team listened and taken action to address? Of course they have, including looking at maximising the profit potential from future concerts.

IMO the interims showed good progress in all metrics, everything headed in the right direction, and unlike previous years the next 6 months have a lot of revenue generating activities even with sponsorship on the horizon, formula e, the efest, the Volvo ocean race and a KPOP concert plus even crapArt will add to the bottom line. We’re the interims as good as some hoped? Of course not, you can always pick a hole in something you don’t like, but you have to question the motivation of those who only exclusively focus on the negatives, but then some will never be satisfied as they want a quick buck.

I’m not going to defend DC, my views on him are well known, but I will point out that he isn’t always responsible for the things that people say are attributed to him. Of course he overreaches, but that’s what company executives are meant to do (can you imagine having a CEO that didn’t think the company he worked for, that he had considerable skin in the game and was his future nest egg was any good?) Plus if you stand back, you would conclude that what he set out does actually come to fruition, just maybe not in the exact timeframes that are set out. But this is the real world we live in, and these deals involve more than just DC.

So now the market cap of the company is not much more that the value of StartArt of which we acquired only recently, basically valuing everything else in the company at nothing. And as for future valuation, what I do know is that bigger companies value long term strategic partnerships and order books more than AIM investors do. LVCG have a 10 year deal for formula e, and multi year deals for KPOP festivals, plus they have long term partnerships on the bricklive side (pawpatrol really is the biggest children's series on the planet, nobody else has that).

Disagree. The announcement in the interims was deliberately “low key” as their will be publicity next week. Wait to see the acts, which if it’s like Frankfurt will have multiple bands and a mixture of big and small acts. I doubt if this will be a low key event given what fanatics the KPOP fans are. Plus with all acts likely to be announced at the same time, and only 20,000 seats available, I personally expect this to sell out very quickly.

I was expecting a 2nd KPOP concert this year, but this O2 concert in November is totally unexpected.

Unlike the fantasy hotline to DC some on here have, speaking to the coo she said that there were many things being worked on that were all related

https://www.ticketmaster.co.uk/blackpink-world-tour-born-pink-london-london-30-11-2022/event/35005D25A2BA5264

The O2 is becoming the go to venue for KPOP. Blackpink are performing there on 30 Nov and it’s almost a sell out. Just look at the prices of the remaining tickets. Apparently the announcement was only in the interims as there is going to be a big publicity spurge next week.

Whilst you shouldn’t necessarily do comparisons, there were results out for CHLL and NNN today, and any reading of those is really grim for investors. The market cap here is lower than one of those and circa the same as the other and IMO there are good indications of growth to come here. Yet LVCG is down more in initial trading. Sometimes the markets, particularly AIM, just don’t make any sense.

Results are better than many were saying but not as good as some hoped. The positives are that revenues are up over 300% and the sum of the 4 divisions are now in gross profit. KPOP made over 6 figures in profit and there’s the promise of more to come with lower costs and better margins as well as streaming to come. Plus a 2nd KPOP at the O2 in Nov and a new partnership which gives £300k for kflex announced. All the numbers are headed in the right direction but it’s still not covering the central operating costs so still loss making. Given the increases in costs other companies are seeing that’s good progress IMO and I like they are reducing the bricklive costs by 43% which will kick in for H2. But the turnaround has clearly started and the future growth has been laid out with KPOP, new partnerships, formula e anD even crap art looks like it might come good too. DC needs a better adviser about communicating with the market. The O2 KPOP and partnerships should be in a separate RNS not buried in the interims, and the “hot line” to tintin is not a regulated communication. ;-)

The profit from Frankfurt is more than many were predicting. The 2nd day dampened the profits by the looks of it. Plus they got back £137k in staff costs. Moving forward a sold out 1 day concert with lvcg able to extract more costs, plus better merchandising and better streaming will generate more profit.

Today, we are pleased to report the signing of a contract with the O2 for a K-POP Concert on the 20th of November 2022. Further details will be announced in due course. Discussions continue for future Concerts in 2023.

Just digesting the rest

So the troll that set up a specific account to only troll lvcg on advfn and has been posting multiple times a day for months and saying that formula E has been cancelled has apparently decided to buy shares today. Did he mention the market abuse he has engaged in? That would be a no, instead still dishing up foul mouthed abuse to anyone who has been holding.

What an absolute sess pit these boards are, which goes especially for advfn and for the miserable trolling ****s that appear on LSE.

https://the-race.com/formula-e/the-latest-on-formula-es-postponed-south-africa-race/