Financial report 2Q2012 - forecast

Our financial report (LEM:CAPX) for 2Q2012 will appear on June 30, 2012. Dividends will be distributed on July 3, 2012

The 2Q was a bit out of the norm because of the SPO we finalized successfully. This had a direct influence on our reporting with all the interim financal reports we have published. The SPO affected the treasury as we paid back our liabilities to third parties. However, things should come back to normal again for the 3Q.

The forecasts in our financial report seem to be realistic.Assuming that no unexpected extra revenu would occur till end of June.

Dividends should also correspond to what is given in the link, assuming that no interesting new investment challenges would be brought to CAPX which could motivate us to alter the pay out ratio, so that more cash would be at disposal for investments.

Greetz
Casper Trebuchet
LEM, Chairman

New Office

Hello shareholders,

we have just moved our offices as you might have noticed.

HQ-LEM-Invest

The location is more convenient for us because of different reasons. The most important is that it has a track for bikes just starting next door. Whenever I get bored at CAPX I just can hop on my chopper and go for a ride.

Lately that happened more often, as we slowly come into an investment problem. It has to do with the market size of SL-economy and how it develops. I might be wrong, but I see a kind of stagnation since a longer time and such would be bad news.

If the economy within SL is not developing that means that companies can only grow on the back of their competitors. As an investment company - as we preted to be one - it means to become more cautious, build up cash positions and wait on the sideline till a clearer tendency can be seen. Or that new interesting IPO's would happen at CAPX which open new market segements in the virtual worlds.

If we no longer would accumulate cash that would probably result in a higher pay out ratio for our dividends. It is too early to say, and it will be a matter of future strategic decisions we take.

But let's come back to our new office. We have invested into a private bot from Smartbots . She is called Theokleia and is my assistent. As you can see in the pic she still needs some refinements... ;-)... but I'm not good in such things. I realized that it is quite a challenge for me to do so, selecting body shape, skin, hair, shoes, and all that little screws which you have to turn to make her look like as you want. And you know what, I realized that the perfect woman doesn't exist... lol ... either you love them as they are or you don't ... it's quite interesting ...

So please don't make fun of her, as she really can answer IM's in world in quite an intelligent matter. We also plan to use her as group inviter for new shareholders in LEM for our company group in SL "Lemur Invest (LEM)" but that still need some time because of technical reasons. If you have suggestions how to change her apperance then please tell me, I have open ears for such. She is protecting the ground floor of our new HQ, you will find her there when you enter.

During July we will try to invest some time to fully equip the office and expose our products, investments and projects we have. If you are curious then have a look. An open house will then follow as soon as things are realized.

Happy trading and greetz

Casper Trebuchet

LEM:CAPX ... SPO succeeded

LEM:CAPX has sold out its Second Public Offering (SPO) on 20th May 2012. Totally 500'000 new shares were created with a nominative value of 0.5 $L per share. The SPO filled our cash pockets with net 550'000 $L which will be used to pay back our liabilities (380'000 $L) we have towards third parties.

 The remaining amount will be used to strenghten our cash position and increase our strategic flexibility in regard of new interesting investment opportunities. 

Our financial report for the second quarter will appear on the 30th June 2012 and dividends will then be paid on the 2nd July 2011.

Happy trading and greetz

Casper Trebuchet

Chairman, LEM

LEM:CAPX - Second Public Offering

Dear all,

LEM is persuaded that there exist quite a few investment possibilities
right now at CAPX. However, our actual liquidity doesn’t allow us to
participate as we would like. To compensate this obstacle we pushed
the short loans we have with third parties up to 380’000 $L. Such
permitted us to buy into the IPO of BOOT, an investment we think has
some potential.

Short term loans are a good thing and help to bridge specific
situation in a company. On the other hand we don’t like to overstretch
those possibilities as they bear some financial risks.

There are two ways to see this, either wait 3 to 6 months till we have
generated enough profits to pay back the loans or trying to refinance
those loans with other matters.

We thought long about a solution. Recent reactions of avatars let us
believe that loans are not fully understood and is somehow
complicating the transparency of our financial report. Such should be
avoided.

LEM Lemur Investments

Status: Primary - Being considered by primary review staff

Stock Symbol
LEM

Company Name
Lemur Investments

Total Shares To Create
500000

Shares To SPO
500000

IPO Price
1.15

The other possibility is doing a limited SPO at CAPX. If I say limited
so I mean 500'000 shares. The advantage for us would be to be able to
fully pay back the loans and have again a certain cash position at
disposal what is making our liquidity much better as it is right now.
We are always looking to have a cash position of at least 10% of the
value of our assets as we are looking to have strategic partnerships
with other companies in a continuous way.

To explain to you the actual financial situation of LEM we have estimated our  figures for the second quarter 2012 

As you can see LEM has assets of about 1.6 mio, valued at purchase
prices. The market value of the portfolio is right now at 2.3 mio
$L, but you should better stick to the values given in our report. LEM
will generate a monthly net revenu of appr. 300'000 $L but which is exceptional,
because of an unexpected consultancy revenue. If those figures
could be reached a dividend of 100’000 $L would be justified.

However, we have to be more cautious for our assumptions in the future
as those consultancy revenues cannot be taken as granted. It makes
sense to exclude them of future expectations. In doing so we can
estimate that LEM will generate revenues of 40’000 $L per month. That
means 120'000 $L revenue per quarter. 40'000 $L would be used to cover
our expenses, depreciation of the portfolio and for to be reinvested.
80'000 $L would be paid out as dividend.

We set the SPO price at 1.15 $L what we think is a fair price. In other
words 500’000 shares with a nominative value of 0.5 $L would be
created. The equity capital for LEM would rise to 1 mio $L and 2 mio
shares would be outstanding.

80’000 $L dividends per quarter is 320’000 $L per annum. In
counterbalance investors participate at a portfolio of 1.55 mio $L
assets estimated with purchase prices and an expected annual dividend
of roughly 0.16 $L per share.

You have to consider that of the 575’000 $L generated by the SPO, only
380’000 $L will be used to pay back the loans. The rest will serve as
cash reserve as indicated or be invested into new ventures. LEM hopes
that such will also create an additional return.

It would be pleasure for us to welcome you as investor in LEM dear
reader and join us in our journey through the black waters of the
virtual market in secondlife...

And before I forget, shares can be bought at 

http://slcapex.com/ipo

Greetz and happy trading

Casper Trebuchet

http://lemurinvest.blogspot.com

Quarter financial report for 1Q2012

LEM ended the first quarter 2012 with a net profit of 149'760 (139'602 $L). The overall value of our portfolio (NAV),evaluated at purchase prices, increased to 0.64 (0.57) $L/share. Dividend will be distributed on 2nd April 2012.

The detailed financial report is given here.

Shareholder’s equity: 1'153'000 (1'066’000) $L
Net Profit: 149'760 (139'602 $L)
Dividend: 50’000 (41'654) $L
1’500’000 shares, nominative value: 0.5 $L
NAV: 0.64 (0.57) $L 
----------------------- Figures in ( ) of last month

LEM continued to build up its portfolio. Diversification reached a level we no longer feel comfortable with-We have some “bad” eggs in out portfolio which are somehow limiting our forecasts. To mention is ABS which will most likely fail. An important position we also are holding in EVO where no information is available at the moment. We counter balance such development with the depreciation we apply on our portfolio. Also such manner is surely not the standard procedure we would like to follow.

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 again an increase through the first quarter of 2012. However such was again related to extraordinary consultancy work in the field of business strategy management which continued an unexpected manner. We cannot guarantee that such will continue also we are looking actively for alternatives. That extra income was mainly used to reduce the loan of Casper Trebuchet.

Again we hope to see this consultancy business growing but if we say extraordinary revenu we mean extraordinary revenu … and yes, we are still dreaming of creating derivatives at CAPX... what last long... may be somebody can complete here...lol

Dividend will be distributed on 2nd April 2012.

Thank you again for your confidence….If you have further questions, don’t hesitate to contact us.

Happy trading to all of you at CAPX....

Greetz
Casper Trebuchet
http://lemurinvest.blogspot.com 

Financial report 1Q2012 - forecast

Our financial report (LEM:CAPX) for 1Q2012 will appear on March 31, 2011. Dividends will be distributed on April 3, 2012.

To keep you update, we have business as usual. It is too early to speak about dividends. However, looking back on January and February we possibly will not be in denial if we say upcoming dividends should be in line what was paid during Nov-Dec-2011.

Greetz
Casper Trebuchet
LEM, Chairman
http://lemurinvest.blogspot.com

Quartely financial report for LEM:CAPX: 4Q2011

LEM decided to change its frequency of financial reporting. In accordance with the TOS of CAPX we will publish only quarterly financial reports in the future. The first such report for 4Q11 is given in

https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB&pli=1#gid=8

Those reports will cover the same information as before, however, be more detailed. Such will not hinder us to report about important events which might influence the share price of LEM in between when we have to.

The advantage for us is in less administrative work which can be used in a more meaningful way and for the user probably in a better readability.

Dividends will be distributed at the end of each quarter only and always a couple of days after the financial report has been published. That doesn’t hinder us to distribute intermediary dividends when we have to.

For the records, the next financial report for 1Q12 will be published on 28^th March 2012.

If you have questions then please don’t hesitate to contact us.

Greetz

Casper Trebuchet

LEM Invest Corp, Chairman

http://www.lemurinvest.blogspot.com