LEM ended December 2011 with a net profit of 69’360 (33'700 $L). The overall value of our portfolio (NAV),evaluated at purchase prices, remained stable at 0.57 $L/share. Dividend will be distributed on 2nd January 2012.
The detailed financial report is given here.
Shareholder’s equity: 1'066'000 (1068’515) $L
Net Profit: 69’360 (33'700) $L
Dividend: 17’340 (12'906) $L
1’500’000 shares, nominative value: 0.5 $L
NAV: 0.57 (0.55) $L
----------------------- Figures in ( ) of last month
LEM continued to build up its portfolio. Diversification reached a level we feel comfortable with and what is in line with our business model.
We continued to increase our cash position during the last month. As said before, we are open to study upcoming projects of third parties and evaluate whether and how we could support those and bring them to success.
Our revenues experienced a remarkable increase through December. However such was related to extraordinary consultancy work in the field of business strategy management which came to an end last month. That extra income was mainly used to reduce the loan of Casper Trebuchet. We hope to see this consultancy business growing but if we say extraordinary revenu we mean extraordinary revenu … as coincidence we realized it over December and thus can be considered as a Christmas gift....
Dividend will be distributed on 2nd January 2012.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Happy, healthy, successful and pleasant New Year to all of you and happy trading at CAPX....
Greetz
Casper Trebuchet
http://lemurinvest.blogspot.com
Monday, December 26, 2011
Monday, December 19, 2011
Pre-announcement: Financial report for December 2011
Our financial report (LEM:CAPX) for December 2011 will already appear on December 26, 2011. Dividends will be distributed on January 2, 2012. The reason is the upcoming holiday period...
We wish you already Merry Christmas ... our mascot Lemmy already slipped in the Saint Nicholas outfit ... will he create nightmares as in Roman mythology or just try to be a jolly good fellow ....
http://www.youtube.com/watch?v=SfHWs0SAJaI&feature=related
If you have wishes you still can send them to him
lemmy0001@gmail.com
but please, he is a most cincere creature...
Greetz
Casper Trebuchet
LEM, Chairman
http://lemurinvest.blogspot.com
Saturday, December 10, 2011
BOD changes
As one of the members is no longer active in SL we had to change the composition of our board of directors (BOD).
We are happy to welcome our most important shareholder - LeaPatrizia Zemach aka DMWA Reanimator- in the BOD of LEM with immediate effect.
It will be a pleasure to work together with you Lea and we are looking forward to future successful development of this company.
For the BOD
Casper Trebuchet, chairman
Tuesday, November 29, 2011
Financial report: November 2011
LEM ended November 2011 with a net profit of 33'700 $L. The overall value of our portfolio (NAV),evaluated at purchase prices, remained stable at 0.55 $L/share. However, please keep in mind that LEM changed its assets evaluating system. The titles in the portfolio are evaluated by purchase prices instead of market prices. Dividend will be distributed on 1st December 2011.
The detailed financial report is given here.
Shareholder’s equity: 1'068'515 (827'582) $L
Net Profit: 33'700 (33'842) $L
Dividend: 12’096 (12'209) $L
1’500’000 shares, nominative value: 0.5 $L
NAV: 0.55 (0.53) $L
----------------------- Figures in ( ) of last month
LEM continued to build up and diverse its portfolio. The most important investment for us was in BOTS where we bought a major participation. We believe that BOTS has a lot of development potential with different new products which still are in the pipeline.
We increased our cash position during the last month and will continue to do so unless we see other investment projects which we consider worth investing. We are always open to study upcoming projects and evaluate whether and how we could support those.
Our plans to develop derivatives have been put on ice. It looks as the whole CAPX market is resizing on a lower level and with lower liquidity. Some turmoil – I call it “drama” – caused some bigger investors to leave or they got banned as they violated the TOS of CAPX. Sometimes that reminds me to the dark times of the middle ages when both pontifex maximus from the orthodox and the catholic church knew nothing better than to excommunicate each other …lol… but we are all optimists and that is why I have put a picture of Voltaire in this article. I never understood why the government of the USA has put his famous book - Candide - on the banned book list. But ok, topic change…
We are confident hat CAPX will regain growth on a more stable basis. However, we don’t consider the situation as fructive enough to come up with derivative products. That situation may change in the future therefore we follow closely what is ongoing so that we can modify our strategy accordingly when we have to.
As we have financed the BOTS participation over a “private” shareholder loan it will be first priority to pay it back as fast as possible. We will not use a SPO to do so.
Dividend will be distributed on 1st December 2011.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Greetz
Cas
http://lemurinvest.blogspot.com
Saturday, November 5, 2011
BOTS, strategic alliance with LEM
LEM:CAPX is pleased to announce a strategic partnership with BOTS:CAPX. Such alliance will diversify our portfolio and make it more active for the benefits of its shareholders. BOTS is a technology company with amazing products, designed to make SL a more pleasant environment for virtual business owners but also for avatars in general.
The business model of BOTS persuaded LEM. As long as SL is developping as a virtual environment also the bots business will grow. Personally, we wait to the moment to have a bot ourselves for acting at SLCAPEX...lol....that was a joke.
Seriously, the financial figures are sound, a decent dividend is paid but more important, there is strong personal commitment of the owners of BOTS for future development. The existing products have still growth potential but new products are in the pipeline as well. All those facts together are convincing enough for us to build up such a partnership.
BOTS just has paid a dividend (0,02 $L/share) for October 2011 and is trading right now at 1.15$L.
There will be a shareholder meeting on 6th November 2011, were different information about the recent developement and future prospects will be given. Included in this is a preview on new products which are in the pipeline. Don't miss this event. Further information can be found on the company announcement page at CAPEX.
LEM will finance the partnership with a long term loan at interesting conditions. it will appear in the financial report for November 2011.
Greetz
Casper Trebuchet
Friday, October 28, 2011
Financial report October 2011
LEM ended October 2011 with a net profit of 33'842 $L which represents a significative increase since last month. The overall value of our portfolio (NAV),evaluated at market prices, remained stable at 0.65 $L/share. However, LEM changed its assets evaluating system. The titles in the portfolio will only be evaluated by purchase prices in the future and we will apply depreciations on those. Such should permit us to present much more balanced and meaningful financial reports in the future.
The detailed financial report is given here.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB&pli=1#gid=1
Shareholder’s equity: 827'582 (1'031'000) $L
Net Profit: 33'842 (27'049) $L
Dividend: 12'209 (9'424) $L
1’500’000 shares, nominative value: 0.5 $L
EPS: 0.0144 (0.0118) $L
NAV: 0.53 (0.65) $L
----------------------- Figures in ( ) of last month
LEM continued to extend its portfolio during October in order to diversify and to create a basis for our derivative products we are working on. Watch out to see any activities from us in regard of such products.
LEM continued to build up and diverse its portfolio. The most important participation for us is BOTS which has quite a lot of development potential. Another investment is Marix Group (MRG). It is only small right now but nevertheless, we built up our tents at one of their spots during last month. That place will become our new home for the future. Thank you Marishka....Hopefully there is a place around where we can buy some pindakaas...;-)
About our new method to evaluate our portfolio. We all know that the virtual stock exchange market at CAPX is rather volatile and has limited liquidity. Such is a major problem if you compare it with the automated portfolio evaluation what CAPX is applying. Those generated values are far too optmisitic. To explain you this just try to sell 10'000 shares in any title and you will see what I mean, you simply would crash the prices. And such can happen easily, even if somebody is making a false trade. CAPX is using circuit breakers to counter-fight such unnatural fluctations, but still those don't overcome the general problem.
After our opinion is meaningless to use the CAPX portfolio evaluation to measure the value of our CAPX titles we own. Much more realistic is an approach where we evaluate the titles with purchase prices and then use depreciations to put the portfolio into the right picture. If we then publish at the end of the month the number of titles we own, we can show transparency wihtout showing too much... But don't understand us wrong. THis strategy change in communication is not that we are per se pessimistic about the market it is just a way for us to become more coherent in what we are doing.
Moreover, each investor can easily estimate how much cash we could generate when we would have to sell our titles in short time and what liabilities we have. They then get quite a clear picture what the real value of LEM might be. Just as a by note, we stick normally to our premisses as we liquidated LEM already twice (in 2008 at WSE and in 2009 at ISE) and such rather successfully, at least nobody was throwing things at us... I don't know why I'm mentioning this, possibly because of the latest development at CAPX about VSIF and DDE. It's always sad to see somebody leaving and when it is only to step back from SL. All the best Del, it was always a pleasure.
Dividend will be distributed on 31th October 2011.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Greetz
Cas
http://lemurinvest.blogspot.com
The detailed financial report is given here.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB&pli=1#gid=1
Shareholder’s equity: 827'582 (1'031'000) $L
Net Profit: 33'842 (27'049) $L
Dividend: 12'209 (9'424) $L
1’500’000 shares, nominative value: 0.5 $L
EPS: 0.0144 (0.0118) $L
NAV: 0.53 (0.65) $L
----------------------- Figures in ( ) of last month
LEM continued to extend its portfolio during October in order to diversify and to create a basis for our derivative products we are working on. Watch out to see any activities from us in regard of such products.
LEM continued to build up and diverse its portfolio. The most important participation for us is BOTS which has quite a lot of development potential. Another investment is Marix Group (MRG). It is only small right now but nevertheless, we built up our tents at one of their spots during last month. That place will become our new home for the future. Thank you Marishka....Hopefully there is a place around where we can buy some pindakaas...;-)
About our new method to evaluate our portfolio. We all know that the virtual stock exchange market at CAPX is rather volatile and has limited liquidity. Such is a major problem if you compare it with the automated portfolio evaluation what CAPX is applying. Those generated values are far too optmisitic. To explain you this just try to sell 10'000 shares in any title and you will see what I mean, you simply would crash the prices. And such can happen easily, even if somebody is making a false trade. CAPX is using circuit breakers to counter-fight such unnatural fluctations, but still those don't overcome the general problem.
After our opinion is meaningless to use the CAPX portfolio evaluation to measure the value of our CAPX titles we own. Much more realistic is an approach where we evaluate the titles with purchase prices and then use depreciations to put the portfolio into the right picture. If we then publish at the end of the month the number of titles we own, we can show transparency wihtout showing too much... But don't understand us wrong. THis strategy change in communication is not that we are per se pessimistic about the market it is just a way for us to become more coherent in what we are doing.
Moreover, each investor can easily estimate how much cash we could generate when we would have to sell our titles in short time and what liabilities we have. They then get quite a clear picture what the real value of LEM might be. Just as a by note, we stick normally to our premisses as we liquidated LEM already twice (in 2008 at WSE and in 2009 at ISE) and such rather successfully, at least nobody was throwing things at us... I don't know why I'm mentioning this, possibly because of the latest development at CAPX about VSIF and DDE. It's always sad to see somebody leaving and when it is only to step back from SL. All the best Del, it was always a pleasure.
Dividend will be distributed on 31th October 2011.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Greetz
Cas
http://lemurinvest.blogspot.com
Wednesday, October 26, 2011
Changes in financial reporting
LEM decided to be modify the evaluation policy of its assets in the balance sheet. From this period on we will present our results with purchase prices instead of market prices but consider depreciations.
There is a whole discussion ongoing at CAPX about reporting and evaluation of listed companies. Independently of that we have our own needs. As liquidity is not always given in the titles we have in our portfolio it makes little sense to present the assets with marketprices. They wouldn't be relevent if we suddenly would be forced to sell our shares as share prices would dump. Also price fluctations can be very important which are complicating interpretation.
A system which only considers purchase prices is much more meaningful, especially if coupled with depreciations. That is nothing new and is normally applied in a similar way in RL. And that is exactly what we will do for LEM. In the report we will list the titles we have in our portfolio and their values expressed as purchase prices. The balance sheet becomes then much more balanced and together with the depreciations the investor receives a much better impression about the financial situation of LEM.
If it would come to a liquidation, the difference between realised sell price and purchase price minus accumulated depreciations will then reflect the liquidation dividend an investor might expect to receive.
Our NAV will be smaller for next period, because of this evaluation change, however, that is just a theoretical value. In the mid- and long run, the investors will profit as the new system lead to greater transparency. The new scheme permits us to be build up a more robust base for further expansion.
The financial report for LEM for October 2011 will follow on 28th October 2011. It shall incorporate already the new portfolio evaluation method.
Greetz
Cas
There is a whole discussion ongoing at CAPX about reporting and evaluation of listed companies. Independently of that we have our own needs. As liquidity is not always given in the titles we have in our portfolio it makes little sense to present the assets with marketprices. They wouldn't be relevent if we suddenly would be forced to sell our shares as share prices would dump. Also price fluctations can be very important which are complicating interpretation.
A system which only considers purchase prices is much more meaningful, especially if coupled with depreciations. That is nothing new and is normally applied in a similar way in RL. And that is exactly what we will do for LEM. In the report we will list the titles we have in our portfolio and their values expressed as purchase prices. The balance sheet becomes then much more balanced and together with the depreciations the investor receives a much better impression about the financial situation of LEM.
If it would come to a liquidation, the difference between realised sell price and purchase price minus accumulated depreciations will then reflect the liquidation dividend an investor might expect to receive.
Our NAV will be smaller for next period, because of this evaluation change, however, that is just a theoretical value. In the mid- and long run, the investors will profit as the new system lead to greater transparency. The new scheme permits us to be build up a more robust base for further expansion.
The financial report for LEM for October 2011 will follow on 28th October 2011. It shall incorporate already the new portfolio evaluation method.
Greetz
Cas
Wednesday, September 28, 2011
Financial Report September 2011
LEM stabilized its position in the market and is preparing for further steps we want to take. LEM ended its month with a net profit of 18'847 $L which represents an increase since last month. The overall value of our portfolio (NAV) increased form 0.52 $L to 0.65 $L per share. Dividend will be 0.00628 $L (0.00577) per share.
The detailed financial report is given here.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB#gid=1
Shareholder’s equity: 1'031'000 (777’504) $L
Profit: 27'049 (17’304) $L
Dividend: 9'424 (8’652) $L
1’500’000 shares, nominative value: 0.5 $L
EPS: 0.0118 (0.0053) $L
NAV: 0.65 (0.52) $L
----------------------- Figures in ( ) of last month
LEM used the month of September to extend its portfolio in order to diversify and to create a basis for our derivative products we are working on. However, the market is right now not yet calculable enough with new companies joining almost in a weekly basis and a high volatility. But we follow the market situation and have our radar focused on opportunities to invest.
LEM extended its stake in two listed companies during last period of reporting. There is EARN where we control now 200'000 shares and finally EVO with 100'000 shares. Both enterprises have innovative products and are on the brink to bring them on the market what should have a positive impact on their earnings.
As LEM bought those shares over the counter we had to pay transfer fees to CAPX. Also they were split between pruchaser and seller they still hamper our results as they are rather high (8'200 $L). The good side of the story is that we could get them for good prices.
During September we decided to increase our board of directors (BOD). We are happy to have win Venatrixx to join as CRO (customer relationship manager). She will support us in searching and evaluating new business opportunities and keep us motivated for further expansion... ;-) .. An important point if I read the sometimes hatred comments in the forum of the CAPX. HEY... wake up ... this is a game and should be fun ! Anger we can have in RL enough...lol
Dividend will be distributed on 30th September 2011.
We have now offices at Capel. So if we are online there is a chance to meet us there. You will be more than welcome.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Greetz
Cas
http://lemurinvest.blogspot.com
The detailed financial report is given here.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB#gid=1
Shareholder’s equity: 1'031'000 (777’504) $L
Profit: 27'049 (17’304) $L
Dividend: 9'424 (8’652) $L
1’500’000 shares, nominative value: 0.5 $L
EPS: 0.0118 (0.0053) $L
NAV: 0.65 (0.52) $L
----------------------- Figures in ( ) of last month
LEM used the month of September to extend its portfolio in order to diversify and to create a basis for our derivative products we are working on. However, the market is right now not yet calculable enough with new companies joining almost in a weekly basis and a high volatility. But we follow the market situation and have our radar focused on opportunities to invest.
LEM extended its stake in two listed companies during last period of reporting. There is EARN where we control now 200'000 shares and finally EVO with 100'000 shares. Both enterprises have innovative products and are on the brink to bring them on the market what should have a positive impact on their earnings.
As LEM bought those shares over the counter we had to pay transfer fees to CAPX. Also they were split between pruchaser and seller they still hamper our results as they are rather high (8'200 $L). The good side of the story is that we could get them for good prices.
During September we decided to increase our board of directors (BOD). We are happy to have win Venatrixx to join as CRO (customer relationship manager). She will support us in searching and evaluating new business opportunities and keep us motivated for further expansion... ;-) .. An important point if I read the sometimes hatred comments in the forum of the CAPX. HEY... wake up ... this is a game and should be fun ! Anger we can have in RL enough...lol
Dividend will be distributed on 30th September 2011.
We have now offices at Capel. So if we are online there is a chance to meet us there. You will be more than welcome.
Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.
Greetz
Cas
http://lemurinvest.blogspot.com
Wednesday, September 14, 2011
The team of LEM:CAPX is expanding
The management team of LEM:CAPX is expanding.
We could win Venatrixx to become our customer relationship officer (CRO)... Her battle proven professional experience in this field for more than 10 years will strenghten our position on the virtual SL-market. We welcome her in our team...
THe actual composition of our Board of directors is the following
Casper Trebuchet aka Cas, Chairman
Venatrixx aka Vena, CRO
Lemy, mascot
Our next financial report will be published on 28th September 2011...
Greetz
Cas
LEM:CAPX, chairman
Monday, September 12, 2011
LEM:CAPX considered as CAPEX LICENSED STOCK BROKER
CAPX considers LEM as "CapEx Licensed Stock Broker". A headline in captial letters but which need some explanations.
First, this license will help LEM to reduce its transactions fees (0.25%) which is only to the profit of its stakeholders.
Secondly. LEM will get an entry in the Stock Borker's data base. This is important for the financial products we want to develop. In other words it will help us to create added value for our brand and help to promote our new products.
And last but not least it is a honor for LEM to be considered as such by the CAPX...8-)
However, such honor was mainy possible related to the active trading of us during September 2011 which even created market marker commissions. We first had to find out what that means. And you will understand why, as LEM is NOT and shall NOT be a trading company. If we trade it is mere by chance and because other opportunites are taking more time then needed, so we have a slight overflow in cash. This retard is mainly because the IPO went through so quickly and not 30 day as we had expected. But we work hard to overcome this „problem“... so stay tuned and let's see...
Greetz
Cas
Wednesday, September 7, 2011
Greek fund at CAPX - 80'000 shares sold
We have to inform you that the major shareholder of LEM:CAPX - Casper Trebuchet (aka Cas aka myself ...lol) - sold 80'000 shares over the counter to one of the Greek funds today. So don't be surprised if you see a new important entry in our shareholder's list.
With that I still keeps the majority in LEM but the liquidity of LEM can increase in a meaningful way.
In the same time be informed that I will do a forward payment of 45'000 $L to LEM. That payment should be reimboursed over time and participate on the revenu of LEM. However, a small margin will be in favor of LEM, that is why both parties - shareholder and me as private "lender" will profit.
That forward payment will appear in the next financial report for September.
The money will be used to finance future projects.
Greetz
Cas
Chairman
http://lemurinvest.blogspot.com
With that I still keeps the majority in LEM but the liquidity of LEM can increase in a meaningful way.
In the same time be informed that I will do a forward payment of 45'000 $L to LEM. That payment should be reimboursed over time and participate on the revenu of LEM. However, a small margin will be in favor of LEM, that is why both parties - shareholder and me as private "lender" will profit.
That forward payment will appear in the next financial report for September.
The money will be used to finance future projects.
Greetz
Cas
Chairman
http://lemurinvest.blogspot.com
Monday, September 5, 2011
Participation in EARN:CAPX
LEM:CAPX just increased its participation in EARN:CAPX. We hold now 4% or 200'000 of the outstanding shares what makes us to the third biggest investor in this company right now.
We consider this as strategic pariticipation in a company which showed till now a steady growth and a potential for further innovations like the new Dragons & Princesses game in SL which will become operational in the fall. We expect that this new game might contribute to an even stronger growth of the ROI of EARN:CAPX.
Our investment in EARN:CAPX is a major one for us in relation to the other titles we have in our portfolio. It might be seen as an important risk factor. However, as said this is a strategic investment for us and we have other plans in mind how we will use it. It is not our intention to push this participation further as we try not to have more than 5% of the outstanding shares in a company. New earnings will be invested otherwise to diverse our portfolio and to develop new products.
The overal dividend strategy will not change. As EARN:CAPX has a high EPS (Earnings per share) this fact will also contribute to ours. As outlined in our company brochure, LEM:CAPX is objecting to have a dividend of 1% per month paid whenever possible. The surplus will go into product development.
If you have further question then please dont't heistate to contact me
Greetz
Cas
Thursday, September 1, 2011
New Office at Capel
LEM:CAPX has new offices in SL
LEM decided to move into own offices, as you can easily see in our side menu. During the following weeks we will put some meat on those.
So if you have time to visit in the coming weeks, please feel free to do so. We plan to give you there additional information about our projects and you also can inertract more easily with our team.
But again, please give us a couple of weeks for setting up. As I'm not often inworld and my IM get capped it is best to address me over my e-mail
casper.trebuchet@gmail.com
You are always welcome
Greetz
Cas
LEM decided to move into own offices, as you can easily see in our side menu. During the following weeks we will put some meat on those.
So if you have time to visit in the coming weeks, please feel free to do so. We plan to give you there additional information about our projects and you also can inertract more easily with our team.
But again, please give us a couple of weeks for setting up. As I'm not often inworld and my IM get capped it is best to address me over my e-mail
casper.trebuchet@gmail.com
You are always welcome
Greetz
Cas
Tuesday, August 30, 2011
Dividend distributed for August 2011
Dear shareholders,
a dividend of 8'652 $L has just been distributed for August 2011.
For more information I refer to our financial report which you will find in this blog.
The next financial report will follow on 30th September 2011.
Thank you and greetz
Casper Trebuchet
LEM:CAPX
a dividend of 8'652 $L has just been distributed for August 2011.
For more information I refer to our financial report which you will find in this blog.
The next financial report will follow on 30th September 2011.
Thank you and greetz
Casper Trebuchet
LEM:CAPX
Sunday, August 28, 2011
LEM:CAPX, financial report August 2011
Hello,
sorry, LEM had to publish our financial report for August 2011 already today because of RL issues which will come up. Anyway, it might be helpful to you as I see that the title is searching to find the right market price. The financials will surely help you to weight LEM in an appropriate way.
The figures are given here.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB
Shareholder’s equity: 777’504 $L
Profit: 17’304 $L
Dividend: 8’652 $L
1’500’000 shares, nominative value: 0.5 $L
EPS: 00.005768 $L
NAV: 0.52 $L
We close with a profit of 17'304 $L. However, also we felicitate CAPX for its great support they don't deliver those services for free what we understand of course…;-). That is why we had an exceptional expense of 12'000 $L which hampered our profit.
This expense was counterbalanced with an exceptional consultancy revenue in SL of 8’000 $L. In the end that means for you that we can pay a dividend of 8'652 $L. We will pay it on the 30th.
As the IPO passed so quickly we are still a bit caught by that experience. We are studying right now different plans in line with what we have described in our business plan. We don’t expect major changes during September when it comes to our revenues.
The titles in our portfolio look stable as well and represent economical active companies.
A word to the trading of our shares. LEM will not trade its own shares, as we believe in free market decisions. However, even as circuit breakers at CAPX exist, we will keep an eye on the development of the title. If we think LEM is really under evaluated we will intervene, but also in the opposite situation. But such interventions should happen only rarely and we will make such steps public whenever they are necessary. The actual policy of LEM is to hold its stake of 1 mio shares. We cannot exclude that at one point we will aim to increase the free float but for that a decision of the BOD is needed. For the near future we have no such plans.
Thank you again for your confidence…. I really see old investors in the shareholder list! And not small ones.
If you have further questions, don’t hesitate to contact me. I will produce some additional expenses in form of a kind of letter box/office I will rent… but its size will be in relation to the revenue we realize …so no nightmares for you. If anyone of you has a good solution for me to suggest then don’t hesitate to tell me.
Greetz
Cas
sorry, LEM had to publish our financial report for August 2011 already today because of RL issues which will come up. Anyway, it might be helpful to you as I see that the title is searching to find the right market price. The financials will surely help you to weight LEM in an appropriate way.
The figures are given here.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB
Shareholder’s equity: 777’504 $L
Profit: 17’304 $L
Dividend: 8’652 $L
1’500’000 shares, nominative value: 0.5 $L
EPS: 00.005768 $L
NAV: 0.52 $L
We close with a profit of 17'304 $L. However, also we felicitate CAPX for its great support they don't deliver those services for free what we understand of course…;-). That is why we had an exceptional expense of 12'000 $L which hampered our profit.
This expense was counterbalanced with an exceptional consultancy revenue in SL of 8’000 $L. In the end that means for you that we can pay a dividend of 8'652 $L. We will pay it on the 30th.
As the IPO passed so quickly we are still a bit caught by that experience. We are studying right now different plans in line with what we have described in our business plan. We don’t expect major changes during September when it comes to our revenues.
The titles in our portfolio look stable as well and represent economical active companies.
A word to the trading of our shares. LEM will not trade its own shares, as we believe in free market decisions. However, even as circuit breakers at CAPX exist, we will keep an eye on the development of the title. If we think LEM is really under evaluated we will intervene, but also in the opposite situation. But such interventions should happen only rarely and we will make such steps public whenever they are necessary. The actual policy of LEM is to hold its stake of 1 mio shares. We cannot exclude that at one point we will aim to increase the free float but for that a decision of the BOD is needed. For the near future we have no such plans.
Thank you again for your confidence…. I really see old investors in the shareholder list! And not small ones.
If you have further questions, don’t hesitate to contact me. I will produce some additional expenses in form of a kind of letter box/office I will rent… but its size will be in relation to the revenue we realize …so no nightmares for you. If anyone of you has a good solution for me to suggest then don’t hesitate to tell me.
Greetz
Cas
Friday, August 26, 2011
IPO of LEM at CAPX, today at 5 PM SLT
The Initial Public Offering (IPO) for Lemur Invest (LEM:CAPX) will start today, Friday, August 26, 5 PM SLT.
To recall some of the essentials for this IPO:
Total Shares To Create 1,500,000
Shares To IPO 500,000
IPO Price: L$.50 (nominative value)
IPO Days: 30
Value of IPO: L$250,000
For more information on LEM, its business model and objectives use this link:
LEM:CAPX
An intermediary financial report can be found in using the link below
Financial report of Financial report LEM:CAPX for August 2011
If you have further questions then don't hesitate to contact me. I'm not so often inworld but can easily be reached over my e-mail casper.trebuchet@gmail.com
Hoping to welcome you as new shareholders soon...
Greetz
Cas
To recall some of the essentials for this IPO:
Total Shares To Create 1,500,000
Shares To IPO 500,000
IPO Price: L$.50 (nominative value)
IPO Days: 30
Value of IPO: L$250,000
For more information on LEM, its business model and objectives use this link:
LEM:CAPX
An intermediary financial report can be found in using the link below
Financial report of Financial report LEM:CAPX for August 2011
If you have further questions then don't hesitate to contact me. I'm not so often inworld but can easily be reached over my e-mail casper.trebuchet@gmail.com
Hoping to welcome you as new shareholders soon...
Greetz
Cas
Sunday, August 21, 2011
Preliminary financial report August 2011
As the IPO for LEM:CAPX will start soon, we already published a preliminary financial report for August. Revenues and expenses were expolared to full months length.
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB#gid=0
The regular one will then follow as soon as the IPO will have been accepted. If you have question then please don't hesitate to ask me
Greetz
Cas
http://lemurinvest.blogspot.com
https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB#gid=0
The regular one will then follow as soon as the IPO will have been accepted. If you have question then please don't hesitate to ask me
Greetz
Cas
http://lemurinvest.blogspot.com
Saturday, August 20, 2011
LEM:CAPX ... IPO accepted
Hello,
I have good news for you as it looks as the application of LEM was accepted by the Capital Exchange Regulatory Commission.
There is a chance that out IPO will start next Friday 26th August. Watch out as CAPX will inform about that in short time.
To make the things a bit easier LEM will publish its books for August just before the IPO starts.
Looking forward to having you as shareholders again!
Greetz
Cas
I have good news for you as it looks as the application of LEM was accepted by the Capital Exchange Regulatory Commission.
There is a chance that out IPO will start next Friday 26th August. Watch out as CAPX will inform about that in short time.
To make the things a bit easier LEM will publish its books for August just before the IPO starts.
Looking forward to having you as shareholders again!
Greetz
Cas
Thursday, August 18, 2011
LEM - listing at the SLCAPEX?
Hello Folks,
After I had a rather active phase in SL during 2007 I have gradually fallen into sleeping mode. With good reasons I have to add as I made different experiences which weren't always the best. You can check my blog here if you want to know more.
The CAPX can look back on an amazing positive development since January 2011. We all have to thank Skip for that good and continuous work. It also brought back some of my confidence into virtual financial markets which I lost when I finally delisted LEM in 2009 at the ISE. In consequence I went private with LEM and have run it on a much lower activity level until this spring.
However, the positive changes at CAPX have encouraged me to give the whole thing a new thought. But more important we reckoned some projects which have development potential. The decision to come back was then rather quickly made... back he is the Casper and his Lemurian, Lemy ...lol... As a consequence I submitted an application for an IPO to the CAPX yesterday.
Well, my basic idea has not changed. LEM will remain what it was before. An investment company looking to contribute financially or in other form to promote and develop new businesses in SL. As we have a solid portfolio in SL and a regular consulting income from RL we think that is a good start to relance LEM on CAPX.
How can I introduce me personally? There are some avatars who know me already from the times when LEM was listed at WSE and later on at ISE .. I possibly wouldn't regret to see them again among LEM's future shareholders . ;-).. and for those who don't know me yet, check my blog and don't hesitate to ask questions. I combine four years experiences in virtual financial markets, if such has really a value, where I experienced the full set of possible encounters, situations, dramas but also good stories... lol.
The ambition of LEM is to follow its growth path as we already did at WSE and ISE with success and contribute to the development of those virtual markets in a sustainable way and most important -always trying to keep a good humor.
The company we would like to IPO at the CAPX has only modest captial needs. However, in the actual environment it has growth potential due to new innovative investment projects we have in the pipeline The already existing assets are a good base for a sustainable further development of the company.
Stay tuned if you want to know how things will proceed with our IPO. And yes, if you want to support our candidature, then just go ahead, we wouldn't complain...
Greetz
Cas
Thursday, February 24, 2011
ITA and PLK : A new challenge?
We have been in a longer holiday from SL and virtual stock exchanges and that for different reasons, as had been outlined on different occasions in this blog.
However, it looks as LL has survived...lol.. and even found back to some modest growth of its community if we believe recent statistical data. New life also was brought into the virtual stock exchanges as the three major ones merged into one -SLCAPEX .
The market size of Slcapex is interesting, and with almost 30 listed companies of some importance. We almost get remained on old times before the SL banking crisis had started in 2007. SLcapex also will offer a currency exchange which is an interesting option and create supplementary activities.
LEM has been a major shareholder in ITA since 2007 when the company was created. With the closer of VsTex the company moved to Slcapex stock exchange recently. ITA is a so called active holding. It holds some major participations, among them as key investment one in PLK, a company which is successfully active in fashion networking and this for different virtual worlds, like SL, but also Entropia and World of Warcraft. Additionally ITA offers marketing consultancy services to SL and RL companies.
As we know ITA quite well, we accepted to take a small active part in the society as member of the board of directors. That also means that LEM is keeping an important participation in ITA. For us the concept of ITA/PLK is very interesting as it is bridging RL with SL but without conflicting with actual RL regulation. We think that such projects have a lot of future development potential.
Right now we don’t have any further plans with LEM but we will invest some time to follow the development of LL.
The probability is therefore higher that you will meet us – and with us I mean myself...;-) – inworld from time to time…. I wouldn’t mind of course.
Greetz
Cas
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