Legendary Inv. Share Discussion Threads

[oilbuy] 09/10/2017 16:16

How many AMED shares do we have ?

[chinese investor] 09/10/2017 16:09

I created a really good AMED thread.
Please visit.
All are welcome.

[professor pettigrew] 09/10/2017 16:07

And that's one of our holdings. Thanks for that oilbuy.

[oilbuy] 09/10/2017 15:53

AMED looking good. 28M market cap before they started building the rig. Fully completed and on time. Looks like a deal is close.

[michaelsadvfn] 09/10/2017 15:51

Not half as silly as you when none of it comes to pass...

Professor Pettigrew 9 Oct '17 - 14:49 - 8678 of 8678 1 3

The timetable as I see it, is between now and this time next year, VS will secure many contracts, some from the UK retail sector, the NHS roll-out will be complete by the turn of this year, and they will also get business across the pond.

Then plans for the float will begin.

Given the propensity for the yanks to like things in large portions, I'd go for a float in the region of £300m or so.

Just imagine all that, and IBS securing lots of business as well.

Sub £4m will look rather silly within 12 months.

Daft sod. Thanks for the positive red tick dave.

[professor pettigrew] 09/10/2017 14:49

Yup, it is lendmeafiver. The timetable as I see it, is between now and this time next year, VS will secure many contracts, some from the UK retail sector, the NHS roll-out will be complete by the turn of this year, and they will also get business across the pond.

Then plans for the float will begin.

Given the propensity for the yanks to like things in large portions, I'd go for a float in the region of £300m or so.

Just imagine all that, and IBS securing lots of business as well.

Sub £4m will look rather silly within 12 months.

[lendmeafiver] 09/10/2017 14:29

7.2% Petti, don’t forget the 0.2%.

Just a £200m IPO would equate to over x3 the current LEG market cap. All other assets for free.

Unbelievable that the market has let me buy in sub £4m market cap, cheaper than Notion Capital paid in July.

[chinese investor] 09/10/2017 13:48

Could be a chum of mine !

[professor pettigrew] 09/10/2017 13:43

Me neither, but I'm convinced there is someone out there building up a nice little stake here.

[philmiboots] 09/10/2017 13:35

OK, own up - another 3m buy.

[professor pettigrew] 09/10/2017 13:14

Yup, a first-class company and we own 7% of it.

The market is nowhere near awake on just what a gold mine LEG will eventually turn out to be.

[philmiboots] 09/10/2017 12:50

From the Amazon Growing Business Awards 2017 FWIW......

I like "exponential" and "exceptional"



Virtualstock

Virtualstock is a market leading British SaaS company that is transforming enterprise supply chains. Our flagship product, The Edge, is successfully disrupting leading UK retailers, their suppliers and, ultimately, improving customer experience for us all.

The Edge delivers best-in-class eProcurement functionality enabling retail clients to; rapidly expand their product range, reduce inventory costs, get products to market faster and improve supplier relations. The NHS are also using The Edge™ to deliver £1bn p.a. of savings by 2020.

Our growth in recent years has been exceptional and future growth is potentially exponential given the opportunity to scale across sectors and geographies.

[michaelsadvfn] 09/10/2017 11:57

Thank you david, your view of the accounts is intriguing even if they do tell us what happened in the past !

Professor Pettigrew 9 Oct '17 - 11:43 - 8666 of 8668 0 0

A hell of a lot of news to come here over the coming months.

[soupdragon55] 09/10/2017 11:47

Give the man a chance, the accounts have only been available for 5 weeks.

[professor pettigrew] 09/10/2017 11:46

Gotto - if there were another 200 or so of your goodsself, the free float would be wiped out!

[professor pettigrew] 09/10/2017 11:45

Nice one Gotto.

[professor pettigrew] 09/10/2017 11:43

Broadly agree with you there Mickluv1.

When the IBS deal was announced, Zaf seemed very upbeat on the fact that when they start to operate they would accrete value "quickly". It was also stated that this would allow funds for further investment and that there were good synergies between the way IBS and LEG would operate.

So let's say everything is okay cash wise for at least six months from here.

Zaf was expecting IBS to get the necessary permits and licences to operate pretty quickly, so we'll probably see an RNS to the effect they can start trading I would think within weeks. For all we know they may have clients already lined up, but I would think a worse case scenario would see funds flowing to LEG well before the end of Q1 next year.

A hell of a lot of news to come here over the coming months.

[michaelsadvfn] 09/10/2017 11:36

Thanks for the red tick david, as you say, red ticks are a positive sign, the more the better.

What is your view of the accounts?

Mickluv1 9 Oct '17 - 11:31 - 8664 of 8664 0 0

I’d be interested to know what others make of the accounts?

[mickluv1] 09/10/2017 11:31

Reading the accounts we are ok for cash until Q1 next year.Any placing would need the share price to be higher to avoid significant dilution! Well just have to wait and see, what with the £1,000,000 placing last year and the £250K+ of warrants one might think that perhaps we should have expected more than the additional VS investment?With the costs for 03/17 to 03/18 being estimated at £150,000 we should still have over a 1/4 million spare pending any further investments.I'd be interested to know what others make of the accounts?GLA

[professor pettigrew] 09/10/2017 11:06

Our 2m+ buyer is still around I see.

[michaelsadvfn] 09/10/2017 10:56

Professor Pettigrew 9 Oct '17 - 09:38 - 8662 of 8662 2 2

If VS pick up one award it will at least get them noticed by more in the investing community.

...but they aren't listed anywhere.

Just pointing that out like.