Legendary Inv. Share Discussion Threads

[lendmeafiver] 18/11/2017 21:53

Thanks PP, Scarbados for the 0.5p party would be perfect!

[professor pettigrew] 18/11/2017 21:41

York? Er, no. The in-laws lived in Scarborough. Every time we came off the old A1 and went past the Tadcaster Brewery, I felt myself freezing.

But, fear not.

No, minimum holding for the 1p party next year lend.

You will be more than welcome, believe me.

[lendmeafiver] 18/11/2017 21:39

Well I will never get anywhere near that level PP, I’m too risk adverse, can you do a 0.5p party in York for shareholders with more modest holdings?!

[professor pettigrew] 18/11/2017 21:31

Sensible lend, but a few million extra will see you in good stead.

Of that, I'm sure.

Had a couple of small nibbles last week, now 66,239,004.

Looking to top up to 70m next week.

[lendmeafiver] 18/11/2017 21:25

Always try to avoid putting all my eggs in one basket PP, been burnt by tech related investments in the past so won’t be going “all in”

[professor pettigrew] 18/11/2017 21:08

You will have to, of course, massively increase your interest in LEG stock to qualify.

1p+ by next September?

Everyone could 7-bag from here on in.

[professor pettigrew] 18/11/2017 21:04

Give it 12 months lend. I'm sure you'll be pleasantly surprised.

[lendmeafiver] 18/11/2017 20:40

I don’t doubt the potential in IBS, but it will of course take time and the shareholding should have been 40%+ not 12% in my view particularly given LEG pay a salary and expenses to source deals.

[professor pettigrew] 18/11/2017 20:30

The pressure is on here.

Whoever is the lucky poster to post the 10,000th message, has to buy 1m LEG to celebrate.

By then, I reckon we'll have breached at least 0.2p.

[professor pettigrew] 18/11/2017 20:22

Lend, every company must have a starting point regarding valuation.

It's incredibly bullish that "seed investors" and others have put up enough to give IBS a starting value of US$10m.

I'm not up to speed with the USD/NZD exchange rate, but it must be at least 2:1 or more, so when they get the licences and permissions through (in the next two weeks or so I'm told), they'll have around NZD20-25m to get going.

IBS are going to be MASSIVE. Read Anton85's post from a few days back.

Honestly, VS are now beginning to mature and will look after themselves and grow naturally.

IBS could really be the new "Kid on the Block".

[lendmeafiver] 18/11/2017 20:12

I was already assuming that all VS contracts will ultimately be profitable, but they certainly need further contract wins if they are going to justify a £250m+ IPO in the next 12 months, fingers crossed.

As you know PP I’m not overly impressed by IBS, I think the shareholding should have been something more like 40%+ leg in my view and the recent valuation RNS is all a bit unnecessary I think, how can a start up that hasn’t started trading yet be worth 10m overnight, of course fast forward 2 or 3 years it might be worth that or much more but at 11% Leg none of us here are going to get hugely wealthy off the back of it.

[professor pettigrew] 18/11/2017 20:11

There will, of course, be categories at the 1p+ party.

The group invited will be small and select, so everyone will win a prize.

Currently, the categories are:-

UBER BULL
UBER BEAR
DOUBTING THOMAS
I CAN'T BELIEVE WE'VE BREACHED 1P
........and finally:-
LEG GOING OVER 1P HAS CHANGED MY LIFE FOREVER AND I TAKE MY HAT OFF TO PP.

Nominations close at 0.99p.

[professor pettigrew] 18/11/2017 20:02

They will soup. Have faith.

You could be the dark horse presenter at the 1p+ party.

[soupdragon55] 18/11/2017 19:54

Not so fussed about new contracts, I want to see them make money from those they already have.They've had a contract with Tesco for a number of years, needless to say with Tesco being the biggest retailer by far in the Uk if they can't make money from that then what can they do.Said for a long time now, VS are in the 'show me' stage now. We know they can sign a contract, now they have to deliver.

[professor pettigrew] 18/11/2017 19:53

I suggest any doubters scroll back and read anton85's post re IBS from the other day.

Then go in big time with large tranches of LEG stock.

[professor pettigrew] 18/11/2017 19:49

Yup - and the dramatic exponential growth in IBS once they start.

Remember lend, 11-12% of all income is ours.

Could even be enough one day to pay a dividend.

People will laugh and scoff, but from little acorns, mighty oaks grow and develop.

I find being optimistic is far better in life than being pessimistic.

So, no. It's not ALL about VS contracts lend, IBS will have a massive say in the future value of LEG going forward.

[lendmeafiver] 18/11/2017 19:35

All about VS contract wins now PP

[professor pettigrew] 18/11/2017 19:26

It's a comforting thought to know that Bruce Rowan holds 8% of the entire share capital of LEG.

Zaf owns 37% of IBS

and Nick Jenkins, the Moonpig founder, has a stake in VS.

All in all, LEG are on a three way winner, and are so undervalued it's unreal.

Wait until the re-rate starts.

[chinese investor] 18/11/2017 18:27

Millwall supporters came into our Durham pub 10 minutes ago.
They're all dead now.

[professor pettigrew] 18/11/2017 16:41

Virtualstock with a first-class list of retail clients.

Virtualstock in the running for an award in 11 days time at the Amazon Growing Business Award Ceremony in London.

A 14.3m buy a few weeks ago.

A 7.1m buy this week.

11-12% of IBS, and exciting new financial company in New Zealand with big ambitions, currently valued at US$10m - Zaf has a personal 37% stake so will ensure it is a success.

Roll-out of "The Edge" to come to the rest of the NHS eventually.

VS "currently talking to other retailers" re usage of "The Edge.

Notion Capital take a £4m stake in VS.

VS telegraph "ambitions for overseas expansion".

VS plan a "possible IPO on NASDAQ in 2018"


................and we are valued at precisely £4,150,000?

The market is having a laugh, but not for long.