Been looking at Small MCAP stocks for several months and my pick for 2019 is Live Company Group (LVCG).
LVCG is a global live kids entertainment and education business using lego. The company was taken over by David Ciclitira in Dec 2017 and throughout 2018 the business grew rapidly acquiring their content producer, Bright Bricks and entering new markets.
There will be 120 events by 2020, across >50 cities on 4 continents. Current m/c - £40m.
David owns 41% of the shares. The free float is 11%
On 14th January David Ciclitira (DC) gave an interview with Vox Markets:
- He said that he’s been having partnership discussions for Europe shows. Focus on building business in mainstream Europe.
- Brickosaurs is a BLOCKBUSTER, where over 100,000 visitors are expected.
- All projects are booked out till 2020.
- Touring and Zoos side is where the significant growth is. DC says expects Zoo contracts to DOUBLE in 2019.
- NEW U.K. shows.
- This year is all about building the business and show the numbers to shareholders.
- He’s “confident” with research note coming in Q1.
- DC says 2019 will be “good year for shareholders”.
- Full Business Plan till 2022.
- New BOD announcements in next 6 weeks.
I think a big company will take over the business in the next 24 months! DYOR