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Forums > Lemur Investments > Topic: Financial Reports - for CEO Posting Only
| Aug 19th 2011, 07:18 Skip Oceanlane |
Financial Reports - for CEO Posting Only | |
| This will be the area for the CEO to post quarterly financial reports for Lemur Investments. Thank you. | ||
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| Aug 21st 2011, 12:09 casper Trebuchet |
August 2011
Edited by author Aug 23rd 2011, 01:34 |
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| 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 |
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| Aug 28th 2011, 04:05 casper Trebuchet |
Financial report: August 2011
Edited by author Aug 28th 2011, 04:24 |
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| Hello, sorry, we.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 http://lemurinvest.blogspot.com |
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| Sep 18th 2011, 00:33 casper Trebuchet |
Re: Financial Reports - for CEO Posting Only
Edited by author Sep 18th 2011, 00:33 |
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| Just to keep you updated and to allow you to modify your own investment strategy accordingly. The financial report of LEM:CAPX for September 2011 will appear on 28th September. Dividends will be distributed on the 30th September 2011. Greetz Cas, LEM, chairman http://lemurinvest.blogspot.com |
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| Sep 27th 2011, 19:17 casper Trebuchet |
Re: Financial Reports - for CEO Posting Only
Edited by author Dec 5th 2011, 07:01 |
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| 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 27'049 $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 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. Dividend will be 0.00628 $L (0.00577) per share. It will be distributed on 30th September 2011. Thank you again for your confidence….If you have further questions, don’t hesitate to contact us. Greetz Cas http://lemurinvest.blogspot.com |
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| Oct 22nd 2011, 23:07 casper Trebuchet |
Pre-announcement: Financial report for October 2011
Edited by author Oct 22nd 2011, 23:29 |
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| In between brackets - our financial report (LEM:CAPX) for October 2011 will appear on 28th October 2011. Dividends will be distributed on the 31th then. Greetz Casper Trebuchet LEM, chairman |
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| Oct 28th 2011, 05:29 casper Trebuchet |
Financial report: October 2011
Edited by author Dec 5th 2011, 07:04 |
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| 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 you have a shop around to buy some real 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 listed 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... 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 |
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| Nov 20th 2011, 06:55 casper Trebuchet |
Pre-announcement: Financial report for November 2011 | |
| Our financial report (LEM:CAPX) for November 2011 will appear on November 29, 2011. Dividends will be distributed on December 1. Greetz Casper Trebuchet LEM, Chairman |
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| Nov 29th 2011, 05:25 casper Trebuchet |
Financial report: November 2011
Edited by author Dec 5th 2011, 07:21 |
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| 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. https://docs.google.com/spreadsheet/ccc?key=0AmsUoA28lTawdHFZekc2X3pneXhqM1R5V3VJUDRaSGc&hl=en_GB&pli=1#gid=5 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 CPAX 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… ok, topic change…We don’t want to comment about such and only hope that soon 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 Decembe 2011. Thank you again for your confidence….If you have further questions, don’t hesitate to contact us. Greetz Cas http://lemurinvest.blogspot.com |
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| Dec 19th 2011, 11:45 casper Trebuchet |
Pre-announcement: Financial report for December 2011
Edited by author Dec 19th 2011, 13:26 |
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| 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 .... 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 |
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