LVL - LV Living

[daaussie]

Last time LVL had an announcment they went from 3.5 cents to 8.3 cents. check out the charts. They seem to be quite low, just recently had some activity and today went on a trading halt.
This stock has great potential to do a good run in my opinion.

What are others thinking out there about this stock as a speculative buy?

 

[krisbarry]

Out of trading halt this morning, hopefully bringing good news. A few deals are in the pipeline, so maybe one of these will become a reality.

Keep an eye on LVL this morning

 

[Football Star]

Not all good news. ASX still questioning solvency even after LVL provided a response. Fighting at board level split down the middle. Good news is that David Brown is back in the driver's seat. Board are confident that revenue from rewards corp going forward make the business viable and are confident that the independent review will confirm that the business is solvent. Can't see how share price will do anything but drop by around 30% + if the suspension is lifted considering how nervous the market will be even if LVL are given the green light. I hope I am wrong with my prediction as I hold a heap of these !

 

[krisbarry]

Yes I am sure there will be a few sellers on open, and maybe a few bargain parcels being snapped up too.

 

[krisbarry]

Looks like this baby is ready to come out of suspension and re-list on the market

 

[krisbarry]

Trading again

 

[tarnor]

How many nicks you gone through kris lol

 

[krisbarry]

Think you are getting me mixed up with someone else

 

[Happy]

Tarnor,
For a while, thought that it was only my suspicion, now we are both busted.

 

[Joe Blow]

I'm sure Kris is very aware that if he starts ramping like he used to - or does on other forums - he will be banished from ASF forever.

I only give so many chances.

 

[krisbarry]

LOL, I will be very well behaved :

 

[tarnor]

I take it the avatar represents 4 nicks and counting? hehe

 

[daaussie]

looks like LVL is becoming healthy again now that solvency of the company is clear. Given the independent report, some sellers are putting orders in back above 10cent level.
I hold some LVL and am hopeful that it will re-gain a healthy recovery now that the team seems to have resolved management issues and can now move forward in a positive direction with the great business model and developments that in progress/on the way.
Does anyone hold any short term price views on this company?

 

[krisbarry]

Not going to comment on short-term price, that will only get me into trouble, as I will be shot down in flames for either ramping or downramping, learnt that lesson before.

NEVER COMMENT ON A STOCK PRICE....LOL (seems as if everyone else can, including memebers on this board, other members on other boards, the media, the government, share price mags, brokers etc, and I cannot)

What I can say is that we have a LVL board squabble which will be sorted out on or before the 16th of July, with a vote.

We also have a massive correction on the market at present, which is affecting all stocks, not to mention the end of tax year, which also makes many stocks drop too.

On the positive: we see the LVL was able to prove its solvency and re-list.

Looking forward we see two possible deals in the pipe-line:

(1) a generic pharma company PBS drug deal

(2) a deal with a company closely related to HBO/Time warner for TV/stage musicals for the over 55's.

source: Sharescene.com.au (radio) Interview with David Brown

 

[krisbarry]

Large trades going though today, and over the past week. Some on and off the market trades too.

I reckon a deal maybe on it way, could be one of the above deals explained

 

[markrmau]

It could be the directors crystallizing a cap loss for this fin year by transfering from account to account.

 

[krisbarry]

possible, only time will tell

 

[krisbarry]

Here are the latest two deals LVL are working on:

source: sharescene.com.au (radio interview slides) with David Brown CEO of LVL

 

[krisbarry]

Now with tax loss selling out the way and a new financial year, I will be awaiting a nice share price rise for LVL over coming weeks.

LVL has a very good chance of being a 10 bagger in 06/07 financial year, as it moves into profitable company, and an expected increase in revenues from the Rewards Corp business

 

[krisbarry]

Far out... how low can this baby go, any lower and I reckon we are going to expose her behind!

WE NEED GOOD NEWS DIRECTORS.....PLEASE!