Legendary Inv. Share Discussion Threads

[bionicdog] 14/10/2017 08:31

Still cloudy in Banstead , preparing for the hurricane.
Strange use of caps Maestro.
Oh and good morning of course.

I know bit about boilers. Perhaps it's not detecting enough water coming back due to an air lock. Try finding the air release valve at the highest point of the piping. Unless of course the pump is stuck cos you haven't had it on for a long time. Try hitting it with a hammer.
Hope hat helps. Nice and warm here.

[soupdragon55] 14/10/2017 07:13

The event has been cancelled.

[michaelsadvfn] 14/10/2017 05:09

So pettigrew and temmujin will both be buying in 'massively' on Monday.

One to avoid then.

Back on topic, it's dark here.

[moderatethisplantpot] 14/10/2017 00:39

Legendary Investments Investor Presentation Wed ... - NEX Exchange
www.nexexchange.com/.../legendary-investments-investor-presentation...

An opportunity to hear the CEO of Legendary Investments, Zafar Karim, and the CEO of the banking platform IBS, Tim Munro-Keene, talk about their vision for the ...
Legendary Investments Investor Presentation Tickets, Wed, 25 Oct ...
hxxps://www.eventbrite.co.uk › ... › Conference › Business

An opportunity to hear the CEO of Legendary Investments, Zafar Karim, and the CEO of the banking platform IBS, Tim Munro-Keene, talk about their vision for the ...
Nex Exchange, London, GB

Both these links have been removed. Why?

[professor knobhead] 14/10/2017 00:25

37% for nothing. Clearly IBS is going to be massive.

On an unrelated matter, I have to go to bed now, as I will revising tomorrow for some anti money laundering exams next week.

[professor pettigrew] 13/10/2017 23:44

The 14.3m buy and some solid buys (3m and above) this week tell it all.

The announcement today AFTER HOURS is the beginning of a massive re-rate here.

Just think about why Zaf would take a 37% stake on the same terms as LEG's stake.

Because it is viable, and massive things are coming up for IBS. A unique biz model.

[professor pettigrew] 13/10/2017 23:28

Of course, Zaf is feathering his own nest at the end of the day - who wouldn't?

Point being - if he feather his nest with 37% (which he's obviously done more unpaid work for) doesn't that make the 12% that LEG have very viable indeed?

Seems to me not only does the market need to wake up to it, but the wider investing public too.

My God, what an opportunity here. Talk about undervalued.

[professor pettigrew] 13/10/2017 23:11

turbo - I refer you to my post above.

PM coming your way.

[temmujin] 13/10/2017 22:36

no heating in burton...boiler broken...but buying LEG massively mONDAY 8AM

[turbotrader2] 13/10/2017 22:34

If I had 55m shares like you I would be screaming how bullish it was but I'm sorry it's not good!If had of said" as your ceo I have been offered 37% if IBS but because I'm loyal to my shareholders I'm giving 13% for free"Then I may be happy

[professor pettigrew] 13/10/2017 22:14

turbo - you are hard work!

14.3m buy ahead of the announcement.
widest spread on record, percentage wise, here.
RNS issued 23 minutes after the bell.

Think about it.

[professor pettigrew] 13/10/2017 22:11

turbo - on the same terms as LEG.

"Nominal" I grant you.

But what work has he done, to further IBS or to get it off the ground?

Intriguing, interesting and in my view, exceedingly bullish for LEG.

Get your cheque book out Monday.

[turbotrader2] 13/10/2017 22:11

I will hold for vs but please tell me why anyone would buy to praise that the ceo has personally benefited?Sorry don't get it

[turbotrader2] 13/10/2017 22:09

He got the stake for nothing

[professor pettigrew] 13/10/2017 21:47

Phil - precisely.

Others need to read the runes now.

Always had a very strong feeling about IBS.

Tonight's RNS confirms it. Zaf isn't going to take a stake of that size, in a personal capacity, if it's not going to be a winner. A personal stake, not a company one. But, his expertise has been used for a 12% stake for LEG at next to nothing.

And the big cheese is flying over from NZ for a joint presentation on Oct 25 in London.

In a funny sort of way, we don't need to promote VS much anymore because we know what is happening there going forward.

Now we have the looks of another massive winner in IBS.

And we are still valued at £4m?

Who is the chief market maker? Tommy Cooper or Ronnie Barker?

[professor pettigrew] 13/10/2017 21:31

turbo - I will be adding Monday morning, certainly on the strength of this RNS.

Will you?

Ask yourself two things.

1. Why were 14.3m shares bought the other day as one block?

2. Why was the RNS issued tonight 23 minutes after the official close?


In fact, make it 3.

3. Why have the MM's persistently over the past few days been operating on a ridiculously wide spread? Sometimes well over 12%?

They don't want huge buys (which is why they charged 0.139p when the official buy price was 0.12p after Tuesday's manipulated capitulation).

Now there is a 2-day blank weekend for some of us think long and hard about tonight's RNS and this week's price action, or (as the mm's hope) for some to completely forget.

I think there will be heavy demand Monday.

Those who buy will be on the bandwagon (those who accumulate will further their prospects down the line).

I think the mm's are hoping there won't be many buyers.

Let's prove them wrong.

[philmiboots] 13/10/2017 19:29

Hmmm....

Leveraging current opportunities
maximum valocity
September 2017 – Present (2 months)New Zealand
Currently seeking capital into establishing a non-bank lending platform.

Awaiting the required authorities.

This will be innovative and disruptive whilst supporting the continued growth required in property and business throughout NZ

More to come in the following months, prior to December 2017.

[turbotrader2] 13/10/2017 19:13

And who really is going to buy on Monday?VS yes but not this

[turbotrader2] 13/10/2017 19:13

PPYup get itBUT he's doing it for him not the company Geeeeeeeeez

[philmiboots] 13/10/2017 19:09

This appears to be our man in New Zealand....
Recently registered another company The Vortex Effect Ltd on 9/8/17, a month after IBS.



He works for Aspire Advisors Limited.

Could this be him?? (works for Aspire Advisors)....


"Leveraging current opportunities at maximum valocity"

If so he can't spell velocity!!

[professor pettigrew] 13/10/2017 19:06

turbo - I must say I am very surprised at your stance.

You are the CEO of a company.

You find a company on the opposite bottom of the world that could just fit yours.

You speak with the big cheese on some sort of cooperation.

That cooperation comes to pass.

You tell him you run an investment/conglomerate company in the UK.

You tell him you'd like to take a stake in his company.

For that, you'd do the due diligence and can your company have a stake in his?

Due diligence and work is done. You set out the parameters.

For your work, your get a 12% stake into your company (LEG), for the work.

And for a nominal sum of cash from LEG.

You plan a joint meeting in London on Oct 25th to outline the synergies
between the two companies.

You issue an RNS stating that your company (LEG), now holds 12% in IBS.

That 12% Is for a nominal sum.

Between issuing that RNS and arranging a joint meeting on October 25th in
London, maybe certain things have happened which are very positive and
bullish. Because of your work, and because of what is about to happen, you
are offered a very large percentage of the IBS start-up, because it is seen
that you are a positive effect on not just the deal, but the tie-up between
IBS and LEG itself.

You take the 37% on your own account. Because LEG is a public company, and you
are at the helm, you have to notify the stock exchange, via an RNS, of your
offer and intention.

You take up the 37% offer.

Why?

Because IBS is going to be massive.

And you know it.

So, everybody here should know it.

But, the RNS is issued after trading closes.

That gives everyone the weekend to suss it out.

Result?

Massive buying on Monday morning.

And the 12% IBS stake via LEG worth a hell of a lot more than it was when
the original RNS was issued.

[lendmeafiver] 13/10/2017 18:48

VS are being pushed for growth by Notion now, as a result they have the cash, management support and contacts of a much larger investor now so I wouldnt worry, LEG just needs to sit it out until the exit/ipo.