Legendary Inv. Share Discussion Threads

[currypasty] 06/10/2017 08:21

always sunny here, ive got one of those lamps

[michaelsadvfn] 06/10/2017 08:00

My 2 daughters and a few of their friends were discussing "The Edge" last night and they all agreed it's groundbreaking technology. They talked of nothing else.

Just saying like.

[chinese investor] 06/10/2017 07:57

Zaf did some consultancy work for them in return for a stake in the company.

[bionicdog] 06/10/2017 07:17

Can someone explain how this IBS cash cow deal works? As far as I can tell , LEG invested and now IBS will send a bucket load of cash to LEG every month as it rolls in.

[chinese investor] 06/10/2017 07:14

My SKY Installation Engineer, who is from New Zealand, told me last night that folks back home talk of IBS's incredible prospects...
...and sheep !

[bionicdog] 06/10/2017 07:11

Good morning from Banstead.
Slightly brighter today.

[bionicdog] 06/10/2017 07:10

Oh he loves an audience to play to. There hasn't been one for a year as the last lot started to see through him after a string of predictions that failed to come to pass.
Hilarious , keep it up.

[kemorkid] 05/10/2017 22:48

A lot of posts today .
Sensible too
Great to see!

[lendmeafiver] 05/10/2017 22:33

Spot on turbo

[turbotrader2] 05/10/2017 22:31

My advice...Ignore the playground noise here and accumulate

[lendmeafiver] 05/10/2017 22:20

I’ve put a couple on ignore, funny how public internet forums always attract these red tickers and their “wisdom”, surely if you are not invested here you just move on, I know I would, strange.

20+ years ago when I started investing the red ticker trolls didn’t exist, I think back then they were the people who used to scribble graffiti on public toilet doors, now they read Internet forums unfortunately.

Ignore and keep it productive from now on in, plenty to look forward to, the more red ticks the better.

[lendmeafiver] 05/10/2017 21:38

Agree Prof, I think with Notion on board with their experience and cash to build up the team in VS news flow will start sooner rather than later.

[professor pettigrew] 05/10/2017 21:22

Again, a valid point. Also into the mix, comes IBS.

Imagine the scenario (and the share price here) if VS IPO at a figure of £250m or north of that, and IBS are generating cash at a rate that enables LEG to increase investments or seek new ones at rock-bottom prices.

Stranger things have happened. We only need an 8-bagger for our 1p party.

But, over the years, some shares have 50-100-500 bagged.

Watch this space.

[lendmeafiver] 05/10/2017 20:39

All depends on how quickly VS grows now, what the IPO valuation is and when it happens, once VS IPO’s you are of course then able to invest in that company directly on your own so LEGs role has come to an end point hence my view that an exit or partial exit would make sense at that point. I’m assuming the IPO is at say £250m+.

[professor pettigrew] 05/10/2017 20:27

Good points there lendmeafiver, but if VS do IPO at an enhanced valuation, and grow at a fast pace, then I'd say LEG should stick in there and we can all enjoy the fruits of it, especially if IBS are growing also and generating cash.

LEG stock has long been in the doldrums, this time though I feel we are on the golden trail.

Buying these at today's levels and up to and beyond 0.2p should be very rewarding on a two-year view.

[lendmeafiver] 05/10/2017 20:24

Notion will be very supportive and proactive in growing the business given the size of their investment, they have experience doing this also so their investment was pretty important. VS now need to win some contracts in the US then IPO in say 2019, in my view leg should exit VS at that point, special dividend 75% of proceeds, then focus on NZ.

[bionicdog] 05/10/2017 19:54

Why would a city worker and a solicitor rent a house on the Shanklin Estate?

Perhaps the Benhill Estate and Chaucer House were already full of professional types.

[lendmeafiver] 05/10/2017 18:16

A contract win of some kind will be mostly likely be the trigger, at £4m market cap its a very nice risk reward ratio currently.

[turbotrader2] 05/10/2017 18:11

The market JUST has to catch up

[lendmeafiver] 05/10/2017 18:00

For 20+ years I have been asking myself that question, what is the market missing, sometimes it really does, often the market price is just a reflection of another investors liquidity rather than the true value of the business. I had this very situation recently with the mining company Minco plc, worked out very well there, even had the negative trolls and red tickers moaning the whole time also, maybe that’s a good sign, in my view this has all the ingredients for a multiple return investment.

[turbotrader2] 05/10/2017 17:39

I’m actually quite baffled here guys
1. Legendary stake is worth more than its mkt cap in VS?
2. Therefore no value is attributed whatsoever to the other investments?
3. Overhead costs are low
4. IBS could be massive and VS bigger still?

What is the market missing

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