Legendary Inv. Share Discussion Threads

[paulthomas103] 09/4/2018 16:08

Applexus, new client?partnership?

They're in the States so a good start by looks of things.

[mudbath] 09/4/2018 15:27

Thanks Chinese;yet I fear you will receive no joy in that quest.

[chinese investor] 09/4/2018 15:00

mudbath,
I'm only here to help these suckers see the error of their ways but alas I'm failing.
I will redouble my efforts from now on !

[mudbath] 09/4/2018 14:57

TERN

Anyone with an open mind would give the company a glance and maybe appreciate the considerable potential for investee company, Device Authority, to leverage its patented technology in the rapidly evolving multi trillion IoT arena.

A fledgling one hundred bagger.

[gottopickapocketortwo] 09/4/2018 14:52

Pinch of salt

[belt n braces] 09/4/2018 14:42

I actually think that CI has a genuine mental problem, the way he trolls after the Prof everywhere.

[nortic 007] 09/4/2018 12:59

Well done fella!

[chinese investor] 09/4/2018 12:54

Now Worth Just Under Four Big Ones !

Chinese Investor (LEG) 06 Apr 2018 - 14:17:24
During the past nine and a half weeks, I have been taking advantage of the relative weakness in price (TERN) and have accumulated 4,123,493 shares, between 2.21p and 2.74p.

[carefreesid] 09/4/2018 12:41

Soup

He has taken a gamble. Dont we all. History is full of people that have taken gambles. Some pay off, most dont.

He obviously likes vs's product offering. So do I. Where I struggle is to see how they monetise it. I have noted the figures you have produced in the past, and on the surface, they look superb.But to me, its like all those AIM oil and gas explorers, with X bln of unproven reserves. How many of them monetise that? Less than 10%.

From what I have seen in figures from vs so far, it seems that they are all but giving away their service, in the hope that their clients find it indispensible. I'm not sure John Lewis currently find it indispensible!

I disagree with your last sentence. The vast majority of people that invest do so through quoted companies, and most if not all private investors dont care about their voting rights, as their holdings are too insignificant. I have bought 3 private company shares before; 2 went bust, one listed at 17 times the amount I put in, so we all know the potential attraction there. It is a numbers game though, as most disappear and remain unknown. Notion have a large portfolio of start ups.

[soupdragon55] 09/4/2018 12:25

Sid,

Ed Osborne is in his early 40's so hardly a final roll of the dice.

Going to a small company is hardly a route to taking it easy, you'll have a higher workload and greater pressure to succeed as it won't be easy getting back into high profile if you fail.

Those who have wanted a slice of VS have never done it through buying LEG. If you are high net worth why would you when you can approach the company direct. You wouldn't purchase through LEG as you would have no voting rights or voice in VS, risk of dilution etc.

Only retail punters like us use LEG to have access to VS.

[carefreesid] 09/4/2018 12:22

Soup

We do not know why he left. Perhaps he's made a tidy sum, with a decent pension, and wanted an all or nothing final roll of the dice.

We all know vs has the potential to be anything. Anything ranges from bankrupt to a unicorn company. Not many know, though I suspect if anywhere close to unicorn was likely, enough people would know to see leg shares way, way higher.

[professor pettigrew] 09/4/2018 11:21

"michaels" - I notice you aren't so gobby this morning regarding golf.

Maybe this is the reason:-

[maxk] 09/4/2018 11:16

A musical tribute to madness..


Davy's On The Road Again

[paulthomas103] 09/4/2018 11:04

Good point Soup, the facts speak for themselves where as the fiction is exactly that.

[soupdragon55] 09/4/2018 10:56

Sid,

If you were at Director level at John Lewis, with the salary, perks and pension that comes with it, why would you leave, sacrifice the security of the above and go to a small company with no revenues?

Or is that small company achieving more than is in the public domain?

[kemorkid] 09/4/2018 10:54

Thanks CI snd Ssm

KK

[nhs buyer] 09/4/2018 10:51

Good points paul.

[carefreesid] 09/4/2018 10:39

I have been to New Zealand, and I agree it is somewhat backward in all things non rugby related. So even if they got a licence?

VS seem to like to tweet a lot, but have they tweeted anything, ever, that implies that revenues are pouring in, or even streaming in at a steady trickle? All I see is them spending Notion/Norton's investment, and no new contracts in a year, just partnerships where the partner has the put and the call and VS lose a significant slice of any potential revenue.

You own shares here, and are entitled to have an optimistic view. I dont, because I dont have that view.

regards,

Sid

[paulthomas103] 09/4/2018 10:33

IBS - have you been to New Zealand? Think England in the 70's and that will give you an idea. It will take a year.

VS are being extremely clever with their partnerships, they cover much more ground and larger projects which we know nothing about. As soon as they float their valuation will increase ten fold as tends to be the case in that industry. They have a history of being unconventional, as opposed to sales people to sell the services, they bring in Procurement Directors that understand larger scale contracts and now they've added partnerships.

Norton are no mugs, i work with these companies and they would have bought at a huge discount due to opening up opportunities that they just wouldn't be able to do themselves. you may not see that now or even this year but it will come out in the wash.

[carefreesid] 09/4/2018 10:23

There is the big difference, Paul.

You say when, I say if on both.

IBS licences...really? No licence after almost a year now tells you all you need to know about that operation imo.

And VS. That is the $6.4, or $64mln or $640mln question.

VS makes LEG overvalued by about 0.08p, or undervalued by who knows how much. I lean strongly towards the former, but lack of transparency means its largely guesswork.

[sam the man1] 09/4/2018 10:21

KK I did orginally post the link but it wouldnt work after I had.

Anyway CI has done it for you.

🍉