Advertise on CBF

Pages: 1 2 [3] 4 5

Author Topic: Own a share in Laver and Wood  (Read 8105 times)

0 Members and 1 Guest are viewing this topic.

Tom

  • Forum Legend
  • ******
  • Online Online
  • Posts: 5247
  • Trade Count: (+33)
    • www.cricketinsight.co.uk
Re: Own a share in Laver and Wood
« Reply #30 on: October 22, 2016, 11:00:24 AM »

I understand that those that invest will get discounts, with a bigger discount the more you put in. They are issuing more info on this next week.
That makes sense. As a fan of L&W can understand why you'd invest, just to tell people you own a share and enjoy the discounts.

Savvy investors likely wouldn't touch the brand. You want a return on your investment, which means you need a scalable business model. There's not many businesses that are less scalable than hand crafted cricket bats made by 2 people from a finite resource.
Logged

potzy248

  • International Captain
  • ****
  • Offline Offline
  • Posts: 1237
  • Trade Count: (+1)
Re: Own a share in Laver and Wood
« Reply #31 on: October 25, 2016, 10:45:03 PM »

Some new info. I am intrigued, if only to get a share (very small I know) in a bat company.

Thanks for registering your interest in investing in Laver & Wood. Over the next fortnight, well be providing more information about our campaign.

 

This first newsletter will cover the basics of the offer, respond to some of your questions, tell you how to register in the lead up to our launch, and invite you to our launch event.

The offer
We will be raising between NZD$250,000 and NZD$1,000,000 on a pre-money valuation of $4 million. This will be used to fund expansion, including increasing our product range, marketing spend, expanding our workshop and our staff. The minimum investment will be $500.

 

Full details will be available in our Information Memorandum released at the end of the week.
 

Your FAQs
 
What is the minimum subscription?

NZD$500.

What benefits to shareholders get?

In addition to equity in Laver & Wood and dividends if we are profitable, investors will be entitled to the following benefits.

 

$500 - Laver & Woods Cricket Bat Lore Ebook & free copies of future editions.       
$1,000-$4,999 - One bat per year at 25% off our normal price, Laver & Woods Cricket Bat Lore Ebook & free copies of future editions
$5,000-$4,999 - One Free Private Bin Bat customised to your specifications. Two bats per year at 25% off our normal price.  Laver & Woods Cricket Bat Lore Ebook & free copies of future editions
$50,000 & above - One Free Signature Bat customised to your specifications.Five bats per year at 25% of the normal price with Free Knocking In. Laver & Woods Cricket Bat Lore Ebook & free copies of future editions       
 

What will you be using funds raised for?

Depending on the levels of funds raised we will be:

Increasing our marketing budget, especially our online marketing budget & implement customer relationship management software
Increasing our staff, with a new bat maker, new sales & marketing person and a logistics person required to help our expansion
Expand our product range to include soft goods, increased customisation of labels and expand our repair & refurbishments
Move to a larger factory and increase the number of workstations to allow us to increase production
 
When will you be releasing financials?

Financials will be released in our Information Memorandum which will be released at the end of this week.
 

How to register to invest
Before you invest through PledgeMe, you first have to register as an investor. You can do this by click on this link:  https://www.pledgeme.co.nz/investor_registrations/new

 

Youll need to have your ID handy (passport or drivers licence) and proof of address (a photo of your utility bill or the like).

Here are the step by step instructions: http://guide.pledgeme.co.nz/how-to-invest/
 

Can I invest if I am not in New Zealand?

This offer is for New Zealand residents, but if your local legislation allows you to take up the offer (and you are a wholesale investor) you should be able to.. You will be required to register here:

 

https://www.pledgeme.co.nz/investor_registrations/new

 

Two thirds of the way down the page you will need to confirm that you are legally allowed to invest and a whole sale investor by clicking next to this criteria:

A "wholesale investor" within the meaning of the Financial Markets Conduct Act 2013

Please email info@laverwood.co.nz if you have any questions.

 

Will I be able to sell my shares?

Laver & Wood plans to run its own share book, a matching service, matching willing buyers and sellers of our shares. Shareholders can also seek buyers themselves.  There are some restrictions on share transfers in the first 12 months after the investor shares are issued so there may be limits on our planned service during that time.   

 

Our launch party

Laver & Wood Invitational XI vs Clifton County Cricket Club XI
We are holding our Crowdfunding Launch with our friends at Clifton County Cricket Club on the 3rd of November at Cliftons ground. There will be a Twenty20 Match and a BBQ. Please let us know if you want to attend so we can arrange enough food for the BBQ.

 

4.30pm, Thursday 3rd November, Clifton Cricket Club.

Gordon Road, Te Awanga, Hawkes Bay.

Want to share the love?
Wed love it if you could share this opportunity with your crowd. Watch our video below, share it with some more like minded cricket fans, and help us fund our growth.
Logged
Kane Williamson for Prime Minister.

potzy248

  • International Captain
  • ****
  • Offline Offline
  • Posts: 1237
  • Trade Count: (+1)
Re: Own a share in Laver and Wood
« Reply #32 on: October 25, 2016, 10:46:08 PM »

Not sure about the "free" Signature after you invest $50K but ok... :D
Logged
Kane Williamson for Prime Minister.

WalkingWicket37

  • International Superstar
  • *******
  • Offline Offline
  • Posts: 12058
  • Trade Count: (+26)
Re: Own a share in Laver and Wood
« Reply #33 on: October 26, 2016, 09:07:09 AM »

Anything less than a grand any you only get an ebook?

Not sure the 25% off is enough to convince me to part with any hard earned
Logged

Batbuddy99

  • County 1st XI
  • ***
  • Offline Offline
  • Posts: 912
  • Trade Count: (0)
Re: Own a share in Laver and Wood
« Reply #34 on: October 26, 2016, 10:05:39 AM »

Not sure about investing but if happily send in a CV regarding th bat maker role 😉😉

The Doctor

  • County 1st XI
  • ***
  • Offline Offline
  • Posts: 536
  • Trade Count: (0)
    • B3 Cricket
Re: Own a share in Laver and Wood
« Reply #35 on: October 26, 2016, 10:16:43 AM »

Interesting. Valuing the business at 3m GBP.

3M - does anybody want to buy B3??  ;)
Logged
www.B3cricket.com / www.cricketbatblog.com / david@b3cricket.com

Never stand still

skip1973

  • International Captain
  • ****
  • Offline Offline
  • Posts: 1525
  • Trade Count: (0)
Re: Own a share in Laver and Wood
« Reply #36 on: October 26, 2016, 10:21:11 AM »

Optomistic would be my opinion, they have their position as a boutique batmaker. The market isn't there for another big player, numbers are in decline, even NB with the players they have aren't setting the market alight.
Logged

WalkingWicket37

Re: Own a share in Laver and Wood
« Reply #37 on: October 26, 2016, 10:59:05 AM »

3M - does anybody want to buy B3??  ;)

You'd be hard pressed to find a buyer at that price!  ;)
Logged

potzy248

  • International Captain
  • ****
  • Offline Offline
  • Posts: 1237
  • Trade Count: (+1)
Re: Own a share in Laver and Wood
« Reply #38 on: November 01, 2016, 09:07:21 PM »

Bit of reading here for those interested.

http://www.laverwood.co.nz/images/teamfotos/IM.pdf
Logged
Kane Williamson for Prime Minister.

Neon Cricket

  • Forum Sponsor
  • International Captain
  • *****
  • Offline Offline
  • Posts: 2293
  • Trade Count: (+2)
    • Neon Cricket
Re: Own a share in Laver and Wood
« Reply #39 on: November 02, 2016, 09:21:55 AM »

Thanks for sharing @potzy248 - some very interesting reading in there, just reiterates how ludicrous the whole thing really is lol

Logged
Email: adam@neoncricket.co.uk
Website: www.neoncricket.co.uk
Social Media: Facebook, Twitter, Instagram

WalkingWicket37

  • International Superstar
  • *******
  • Offline Offline
  • Posts: 12058
  • Trade Count: (+26)
Re: Own a share in Laver and Wood
« Reply #40 on: November 02, 2016, 09:45:20 AM »

Thanks for sharing @potzy248 - some very interesting reading in there, just reiterates how ludicrous the whole thing really is lol

I work in financial services, and honestly don't think that document would be allowed by our compliance department! :-[
Logged

Neon Cricket

  • Forum Sponsor
  • International Captain
  • *****
  • Offline Offline
  • Posts: 2293
  • Trade Count: (+2)
    • Neon Cricket
Re: Own a share in Laver and Wood
« Reply #41 on: November 02, 2016, 10:14:30 AM »

I work in financial services, and honestly don't think that document would be allowed by our compliance department! :-[

Exactly my point lol, total poppycock!
Logged
Email: adam@neoncricket.co.uk
Website: www.neoncricket.co.uk
Social Media: Facebook, Twitter, Instagram

Tom

  • Forum Legend
  • ******
  • Online Online
  • Posts: 5247
  • Trade Count: (+33)
    • www.cricketinsight.co.uk
Re: Own a share in Laver and Wood
« Reply #42 on: November 02, 2016, 10:27:35 AM »

They're looking at an EBITDA multiple of 71?!
Logged

Neon Cricket

  • Forum Sponsor
  • International Captain
  • *****
  • Offline Offline
  • Posts: 2293
  • Trade Count: (+2)
    • Neon Cricket
Re: Own a share in Laver and Wood
« Reply #43 on: November 02, 2016, 11:07:01 AM »

I've also just found these beauties:

"Related Party Disclosures
James Laver currently has a negative shareholder current account
of about NZD 165,000.
"

I.e. James Laver wants his 165k back

"Cost Control
We have been paying approximately NZD 20,000 of interest per annum on
short term debt. Reducing this expensive debt will provide immediate
savings.
"

I.e. We have a shed load of debt that needs paying off, which is where the majority of your funds will go.


They made a net profit this year just shy of 40,000 NZD, yet value the company at over 4 million - imagine that being proposed on Dragons Den lol
Logged
Email: adam@neoncricket.co.uk
Website: www.neoncricket.co.uk
Social Media: Facebook, Twitter, Instagram

Neon Cricket

  • Forum Sponsor
  • International Captain
  • *****
  • Offline Offline
  • Posts: 2293
  • Trade Count: (+2)
    • Neon Cricket
Re: Own a share in Laver and Wood
« Reply #44 on: November 02, 2016, 11:08:34 AM »

The worst bit is I would love to invest in an existing company like Laver etc, but a bit of realism needs to be injected first!
Logged
Email: adam@neoncricket.co.uk
Website: www.neoncricket.co.uk
Social Media: Facebook, Twitter, Instagram
Pages: 1 2 [3] 4 5
 

Advertise on CBF