Legendary Inv. Share Discussion Threads

[professor pettigrew] 23/11/2017 11:35

Shame to you see you go tini5 - suggest you don't leave it six months though.

Have a look in each day to view any news or share price reaction - good luck with your holdings.

[mickluv1] 23/11/2017 11:30

IBS Share transfer from Pathfinder to Eight Peaks which is still PathfinderStill no news on the new money Am I missing something http://app.companiesoffice.govt.nz/companies/app/ui/pages/companies/6333629/25196165/entityFilingRequirement?backurl=%2Fcompanies%2Fapp%2Fui%2Fpages%2Fcompanies%2F6333629%2Fdocuments

[tini5] 23/11/2017 11:30

Unfortunately I'm no longer a genuine holder. I had high hopes for VS and still do if I'm honest but VRS is just flying. Consequently I've been closing positions in other stocks, including LEG, to put all my funds into the 4 "big ones" that I've been accumulating in.

Might check back in 6 months to see if there's still an opportunity here but if I miss it in the interim, c'est la vie.

Good fortune to all of you holding still.

[michaelsadvfn] 23/11/2017 11:09

If we ignore the 50:1 consolidation in May 2016 I have to congratulate you david !!!

(NTOG)
Here we have a current "Micro-Cap" oil and gas stock, that has fingers in so many pies, the vast majority of them successful.

The newsflow here over the past 12 months has all been very positive, and there is over $1m to come from RIchfield Oil and Gas, following a court judgment.

Not only that, the charts point to a rapid 3-bag rise from here, fundamentals in the form of rising production also underpin the vastly undervalued share price.

More brokers are now noticing NTOG and rating them a BUY.

Lots of private investors here are also buying these on a monthly basis, and the amount of stock available to the general public is, piece by piece, slowly falling.

Added together, and with more good news to come regarding production and the possibility of more oil finds, NTOG retains my 3p price target by the end of 2015.

[michaelsadvfn] 23/11/2017 10:14

Otherwise.....

mudbath 22 Nov '17 - 19:07 - 9918 of 9921 8 1

Possibly your last chance to buy TYRU shares before they treble.
(Thats if you can locate any)

...looks to be on the move.
Company reorganisation before year-end we've been told - big pharma might take an interest.

[michaelsadvfn] 23/11/2017 09:08

Professor Pettigrew 19 Nov '17 - 22:06 - 9822 of 9921 2 3

The price action over the last week or so tells you that something major is up. A 14.3m buy last month, and a 7.1m buy this week tells me something is about to break.

I'm 100% of an RNS this week, and 100% it will be positive.

Also, we'll be moving towards the 0.2p level on the offer by the end of the week.

All we need is a "1 code" today then !!

Should be a good day tomorrow so load up with a few mill today !

[chinese investor] 23/11/2017 08:33

I'm here to help those who have no fiscal acumen !



Chinese Investor (LEG) 19 Oct 2017 - 07:37:57
Lads do yourselves a favour and climb aboard NTOG !

[professor pettigrew] 23/11/2017 07:45

Good morning and best wishes to all genuine holders here.

[mudbath] 22/11/2017 19:07

Possibly your last chance to buy TYRU shares before they treble.
(Thats if you can locate any)

[nortic 007] 22/11/2017 18:48

Professor Just looked at FLX and my old mate of 25 years is involved....Mr Chris Potts was a Wins man and then went to Evo's to work with Richard Griffith who now resides in Jersey.It's a small world.

[chinese investor] 22/11/2017 18:41

David,
We accept your apology but don't do it again.

[nortic 007] 22/11/2017 17:39

You've toned down sir . Well done. No more swearing now and behave.

[professor pettigrew] 22/11/2017 17:33

Every stock has quiet days Nortic. It can happen anywhere - this stock, at the moment, is purely news based.

We are expecting a lot in the not too distant.

GL with FOXT by way of comment.

[nortic 007] 22/11/2017 17:31

I'll leave you be sir. Little mistreats will be named and shamed and I'll think you'll find that looking at this mornings posts they seem to be well justified and endorsed by others.Let's hope LEG gives you something to post about but from what I can see (£975 of volume) that's not the case.

[professor pettigrew] 22/11/2017 17:27

Nortic - I suggest we call a peaceful truce.

I will refrain from comment over at FOXT, you do the same here.

Hope the day went well.

[professor pettigrew] 22/11/2017 17:26

(We are delighted to feature this very timely guest post - given our comments yesterday - on NHS on-line ordering and other delights from David Lawson, Procurement Director at Guy's and St Thomas' Foundation Trust, London).

David Lawson 10 years ago, like many hospitals at the time, we were replacing paper-based systems with on-line ordering as part of wider updates of Finance Systems. The brave new world of eProcurement had reached the NHS. A key learning point was that on-line ordering does not equal inventory control and so we embarked on a parallel programme of deploying inventory systems and in doing so exposed huge hidden costs.

However, inventory systems do not cover all spend and the assumption at the time was that on-line ordering would streamline the rest of the process and help drive new savings. What we have come to realise is that on-line ordering in itself, especially that provided by traditional Finance Systems, simply replaces one set of problems with a new set that if not addressed represent significant hidden costs and lost opportunity. We have identified six factors which collectively mean that we are at risk of ordering more than we need and paying more than we should:

1. Pictures! Q: When you order at home would you buy something if all you could see was a product code? A: No. Yet we expect clinical teams to order products with no pictures. As a result we have the everyday risk of clinical staff ordering the wrong item and the resulting re-work and risk of waste this creates. We need systems with Pictures.

2. Track & Trace. Q: When an order is raised when does a clinical team know it has arrived? A: When it arrives. That's great but what happens if the supplier did not receive the order, or they received the order but it is on back order, or the product has been delivered but was sent to another building? The lack of visibility creates a lack of trust in the system. As a result you see general over ordering, just in case. We need systems with Track & Trace.

3. Lowest cost 1st. Q: When you order at home would you select the most expensive supplier? A: No. Yet our own systems do not display delivery charges so a direct supplier may appear as the lowest cost option when a wholesaler is in reality the best value option. We need systems that provide visibility on total cost and provide an alert if the lowest cost option is not selected to 'nudge' users to the most cost efficient option.

4. Catalogues. No one likes managing catalogues yet they are central to effective spend control. For suppliers they have to employ an army of back office staff to maintain multiple price files operating on multiple systems requiring multiple formats. For procurement teams they have to validate the same catalogues and either deal with errors at the front end or invoice price queries at the back end or both. As a result a large percentage of catalogues will be time expired at any one time and the accounts payable team are tied up with invoice queries. Catalogue coverage will be low because to administer a high number is difficult. Equally the level of product information is largely limited to unit price, product code, unit of measure. The absence of GTINS for example limiting efficient product receipting. We need systems that streamline catalogue management for both suppliers and hospitals and provide more depth of information from GTINS to product specification.

5. One System. The interesting aspect of on-line ordering and inventory systems is that they both provide a route to order but they operate independently of each other even when used within the same clinical area. The on-line system will allow you to order a product without informing you that the inventory system has the same product already on the shelf. Equally the on-line ordering system will allow you to order a product without alerting you to the need to route through Pharmacy. We need systems that integrate with other inventory systems to provide a One System solution.

6. Gatekeepers. Good systems are important but simple control is equally important. Last year we transferred responsibility for on-line ordering from a group of Theatre Sisters to a single 'gatekeeper'. The impact was dramatic with an immediate reduction in weekly order levels as duplicate/ excess ordering was removed. Across the hospital we have over 1,600 users. We need to reduce the number of users.

We do not know the hidden costs these issues create but we know the consequences in terms of ordering more than we need and paying more than we should. The Department of Health have recognised to an extent the need for agile systems with ability to scale up, but we need to act at pace. We cannot wait for strategies to be written and pilots to be developed; we need to drive efficiency now and we need a solution now. To address this challenge we turned to the retail industry and are now introducing the same 'Amazon style' cloud-based solution with interoperability to other systems used by the largest retail firms and supermarkets in the country.

Last week, in a matter of hours we uploaded all 420 of our supplier catalogues covering over a million product codes onto a GS1 accredited cloud-based product information management system (PIMS). The system fundamentally streamlines catalogue management for both our suppliers and the Trust and provides the foundation to become our on-line ordering solution over the coming months. The cloud-based system can connect to any hospital and to any supplier so offers a ready-made NHS PIMS. If retail can operate in this way with their supply chain, then so can we.

[mickluv1] 22/11/2017 17:19

Nortic Can I ask why you have appeared here?You are not yet on filler but from what I have seen today your intention is not to post about LEG so what's the point?Why must the rest of us be subjected to this nonsense

[professor pettigrew] 22/11/2017 16:24

I wonder if Zaf will be attending the Amazon awards next Wednesday?

IF Virtualstock win a gong (and remember we are up in TWO categories) will he release an RNS to that effect?

Probably not, as we can all find out on Google anyway but an interesting week lies in store.

[michaelsadvfn] 22/11/2017 16:18

Smelgy 22 Nov '17 - 15:51 - 9905 of 9907 2 0

That's strange. I thought when you went to a funeral, you stayed on afterwards to give succour and comfort to the bereaved, not come on here and make ridiculous statements.

david,

everyone knows you're also Smelgy so don't think you will ever get away with misleading people as long as I'm around, which will be as long as you are on these boards.

[professor pettigrew] 22/11/2017 16:02

Certainly was fatfish, but then you wouldn't expect a mere jobber to have any class would you?

[fatfish] 22/11/2017 15:52

Nortic 007
22 Nov '17 - 10:08 - 9895 of 9904    4   1
What’s that you say...... Betamax over VHS.

Now get on that naughty step my little table for 1 boy.



Betamax was the better system :-)

[smelgy] 22/11/2017 15:51

That's strange. I thought when you went to a funeral, you stayed on afterwards to give succour and comfort to the bereaved, not come on here and make ridiculous statements.

[nortic 007] 22/11/2017 15:15

No volume today.You're the man .)

[professor pettigrew] 22/11/2017 14:59

Not to worry turbo, all will come in the end.

Better than a torrent of misguided selling.

Everyone awaiting news.