Member Info for MB10

Nice new contract with Eastleigh BID. Demand growing as this is proven to increase footfall on the high street.

Good article about the future of Formula E, especially with the Gen 3 charging that is being introduced. Shows the pull through from racing to production and also highlights the growing attractiveness to sponsors. I’ve pulled out some quotes below.

https://chargedevs.com/features/abb-charges-into-the-future-with-formula-e/

However, for ABB and the many other companies involved with Formula E, it’s by no means all about marketing—there’s some important product development going on. As the saying goes, “Race on Sunday, sell on Monday.” ABB’s work with Formula E (and with the participating OEMs, all of which are also ABB partners) has led to numerous practical advances.

The real action will begin with the 2022/23 season, when ABB will become the official infrastructure supplier for Formula E. The companies are already working closely together to develop a third-generation charging system that will allow the Formula E racers to charge in less than a minute during pit stops, adding a new dimension to the races.

There are more manufacturers involved in Formula E than in any other form of motorsport in the world, and one reason for this is because it’s an exciting way for companies to promote their electrification efforts. In fact, part of the impetus for creating Formula E was to appeal to sponsors who wanted to green up their images.

Combustion engines are over, end of story,” Longo concludes. “You can believe it, you can not believe it, but this is happening now. It’s not the future anymore. Most of the first-world countries in the world today, they’re banning the sale of internal combustion engine cars [by] 2025, 2030. The commercial interests of all the big manufacturers are aligned with a platform like Formula E. The investment that these manufacturers are putting into EV technology is going to make us grow way faster than any other form of motorsport.”  

Preparations for the cycle tour in early Oct being made.

https://twitter.com/ctcycletour/status/1442413807859470338?s=21

Registration for the #ctcylcetour2021 will take place from 7-9 Oct at the Cape Town Stadium.
Thursday, 7 Oct, 9:30am – 7pm
Friday, 8 Oct, 9am – 7pm
Saturday, 9 Oct, 9am – 4pm
Click here for more info about Covid-19 protocols for Registration: bit.ly/3ANVkDz

Its clear too that there is some manipulation going on by the MMs e.g. they moved the ask up to 4.8 temporarily when the 100k buy went though so that it looks like a sell.

The free float is still fairly small so it won’t take much to re-rate IMO. Hopefully once the market wakes up, but sometimes it has to be spelled out in words of one syllable. Even their H1 revenue this year was more than some of the current AIM darlings achieve in a year, yet that have market caps that are significantly higher.

3 years ago they raised money at 65p to buy Brightbricks for a total consideration of £8.5 million. That was a big deal for the company as they now had all the assets and IP. Even now they have over £5m in bricks in stock, plus nearly 1000 models on top. That alone makes a mockery of the tiny £6m mcap. It was that placing that brought the price down from 80p.

They in Feb 19 they raised £2.2 m to accelerate the bricklive zoo touring business. The chairman bought £250,000 shares @65p in that placing.

Then there was Milton, Shard, Clive, RF, and a whole host of other issues as well as covid coming along. Anyone invested over that period will be well aware of all that, But never let anything as trivial as the actual facts get in the way.

With covid on the wane, them back to winning contracts and generating revenue (Jul, Aug and Sep were good months) and then there is the new additions to the company of the cycling, sailing and the formula e as well as the investment in StartArt, this is poised for a big recovery IMO once the market realises that this is massively undervalued. It’s not like there hasn’t been big progress over the past few months, although that seems something those complaining the most don’t seem to want to acknowledge.

The move to formula e is a massive step for lvcg IMO. Jaguar were part of the team that helped secure the bid, so this small fish is swimming with some very big fish.

https://www.jaguar.co.za/news/jaguar-south-africa-confirms-cape-town-will-host-formula-e-in-2022.html

Richard Gouverneur, Managing Director, Jaguar Land Rover South Africa, said: “This is a historic first for our country and Jaguar South Africa is ecstatic to have been part of the team to secure Formula E for Cape Town and South Africa. Iain Banner, Chairman of e-Movement (Pty) Ltd (the promoters of the Cape Town leg of the World Championship), said: “We are delighted and honoured to be included on the calendar after two years of bidding to make this dream a reality.”

Not only that, the actual evidence doesn’t support your theory as less than. £3k of shares were sold on Friday. It’s hardly a big holder selling out, just the MMs taking advantage of those who sell when there is no bid support.

AIM is littered with plenty of people who sell at the bottom for all sorts of reasons. Some get attracted chasing rainbows (spikes) or want a quicker return. There are plenty of examples out there where people sold before a share price rerate. So to suggest that they sold because they were “in the know” is misleading. Same with your suggestion of “inside PR” jobs. Maybe keep your conspiracy theories and tell them to David Ike.

Most recent calendar

https://livecompanygroup.com/pdfs/bl_calendar.pdf

The majority of events were in June, July and August. Plus there is Brickosaurs at the odesseyum Germany over the summer, Capron Zoo and Singapore Zoo not on that list.

Has anything changed? Has there been bad news? Just buyers not seeing the potential here IMO. Until the company give a better view of how the potential will translate into numbers it will probably stay that way, although at some point the market will decide that the mcap is too cheap. Company had a good revenue generating summer and has good revenue generating events all the way up to formula e in Feb 2022 plus if they land big sponsorship deals or start selling kpop tickets this is likely to turn around quickly IMO.

But if you sell when there is no bid support then you get a rubbish price. Surely everyone knows that. Those who are frustrated perhaps direct any anger to those selling? #justsaying

Reported that more than 85% of the 20,000 entries @£30 a head were filled last month. Nice £500,000 in entry fees, with the costs covered by the sponsor pick and pay.

https://twitter.com/ctcycletour/status/1439611608217657345?s=21

Interesting that Formula E has more than just the automotive industry interested in the technology. Bodes well for a company looking to run an efest about all forms of e transport attached to the Cape Town formula e race, especially if that concept is adopted at all host cities.

In a recent article about the Canada based vision marine technologies new e-motion 180E reportedly the worlds most powerful electric outboard.

“We’ve got heavy duty involvement with the guys who were spearheading the Formula E race, so a lot of [our technology] is adaptable from out own experience and trying to reinvent the mouse trap and add the correct components to it” says Truesdale. In line with this racing heritage, he is currently designing a GL fast catamaran for Vision Marine that aims to break the electric boat speed record.”

Good news for events companies as the covid winter plan is due to be published next week.

“On Wednesday Boris Johnson will publish the Covid Winter Plan, detailing contingency proposals to limit the spread of coronavirus without resorting to lockdown or other restrictions.”

“The PM is determined to avoid closing schools or further damaging the hospitality sector”

“This is about living with covid”

“SAGE has drawn up options to limit the spread of coronavirus, stopping short of full scale lockdowns. They include ordering face coverings to be worn in public places once more and reintroducing guidance advising people to work form home if possible.”

Offices will close again if Covid cases surge this winter

https://www.thetimes.co.uk/article/769492c6-126e-11ec-86b8-9dcf48a101ba?shareToken=f5533f46bbe901fd21af36f3e5ae24c1

£30k buy from yesterday just appeared.

Ian Banner talking about formula e coming to Cape Town

https://omny.fm/shows/the-john-maytham-show/the-driving-force-of-the-2022-formula-e-prix-cape

Here is someone that subscribes to a more positive view of the potential

https://twitter.com/valueaimtrader/status/1433412668338098182?s=21
#lvcg this looks at silly prices down here! This is an international business with global revenue streams & with no more lockdowns & more vaccinations worldwide I can see #lvcg really going up big time as the market realises how cheap these are now

Look at the chart below ?? ??

If the market cap was tens of millions there might be a point about people selling, but its not. The mcap is only £6 million and its not like this is a non revenue generating share, or indeed one that does not have singinficant potential. All those clues are there in black and white for anyone to see, and have some provenance if you do some reserach, particularly for the new business which had added significant potential. Patience is required IMO for the value to out. How many times are there posters on AIM shares that have traded sideways for months with people selling in frustration just before a big rise? Yet again there seems to have been a sizeable seller on here, but I would say that todays trades indicate that particular overhang has cleared.

Interesting to note that LVCG have had more in revenue already from the LCSE new businesses than it paid DC in consideration, and that consideration was down at 10p a share, so effectively now had at least twice as much revenue. And that’s without pointing to the opportunity of the efest, concerts, and the formula E 10 year contract.

I find it kind of strange that you haven’t mentioned a single thing about any of the new businesses or indeed the game changing (IMO) news of landing the 10 year deal for formula E. Take the cycling, they have already received circa £0.5m in entry fees for the October event (costs of which are covered by the sponsor pick and pay) with entries to the event next March opening up in November. Can’t find any comment about the existing bricklive business either in terms of the contracts old and new that have been let, more than £2 million announced if you do the sums based on the previous research notes. It seems that old customers are convinced by the product (else why would they come back again and again) and new customers like Singapore Zoo or Capron Zoo seem convinced too. As to the share price stalling, I’m afraid I don’t have any ability to control the share price, but if I have actually given my view on why this is stalling. Its the publication of numbers and of a forward financial guidance that should ignite the share price, which clearly hasn’t reflected all the positive news that has been announced this summer. There is some big news still to land here IMO, at some point the market will realise that its undervalued and hopefully a correction will take place. You either believe that or you don’t.