Legendary Inv. Share Discussion Threads

[professor pettigrew] 18/3/2016 09:16

RTW - I know this has been asked before, but do you know the exact percentage holding we have in Sula Iron & Gold?

They are up to 0.24p today from 0.18p earlier in the week, and look to be in an uptrend.

PP

[thehitman1] 18/3/2016 09:06

My eyes on leg today.

[ride the wave] 18/3/2016 09:05

Our stake in VS has increased 3500% within a few years and will grow at a much faster rate now .we have yet to find out who the two household names are and we are still waiting to find out about the huge NHS contract that was mentioned last week .

Our 40% holding in Bosques is on the books at 82,000 and in 2013 was valued at 2.1m , it is probably worth 5m + now because they gave the best plants in the world .They are in talks with a few companies regarding their technology and we haven't been updated for nearly a year .

Manas could be a company changer , we hold a 5% holding with a option to purchase another 5% . They have done sampling and early signs are that its looking good , remember the gold veins run right through our blocks so it must take a lot of risk away .

These are all near term price drivers that can re rate us , Aim in news driven and we have tons of news that will be coming our way . We are very still undervalued because VS is worth 0.18p alone and that valuation is from October , so buy ahead of transformational news would be my advice !!!

GLA

[ride the wave] 18/3/2016 09:03

On the next tick up because there is 1 mkt maker on 0.16p ask and then 3 mkt makers on 0.17p and that is the price we break-out at . It's also our last higher high closing price .
Once the last of the 0.16p shares have gone and people start paying 0.17p (taking early positions) then this should rise above 0.2p very quickly indeed .

ALL EYES ON LEG - another higher high coming at a screen near you soon imo .

GLA

[littlemadam] 18/3/2016 09:02

Yes, I keep an eye on VS website.
Buyers lurking today?

[professor pettigrew] 18/3/2016 08:57

True Alchemy, very positive though if they are going to take charge of all the PR and newsflow.

Quite often I've found that news will break first on the website of one of the companies, ie VS may put out a statement regarding further NHS contracts which will then be RNS'd by LEG the following day or later the same day.

That has happened with quite a few companies over the years, and gives one the edge (no pun intended) to be able to buy more stock ahead of the news.

Worth keeping a beady eye on the VS site as well periodically.

[alchemy] 18/3/2016 08:32

There may not be news til the new super-duper PR guys get a fix on things?

[professor pettigrew] 18/3/2016 08:07

Good morning all, and good luck for today's trading.

Disappointed we haven't got news today, although it must be very close. Note Sula Iron & Gold performing well again increasing the value of our investment there.

[littlemadam] 17/3/2016 23:29

rtw, sorry will remain in ARS and LEG

[ride the wave] 17/3/2016 22:10

Break-out is at 0.17p .

GLA

[professor pettigrew] 17/3/2016 19:12

Thanks Soupdragon55.

[soupdragon55] 17/3/2016 17:59

Not sure where LEG's holding sits now but this was the basis when Sula was listed in 2012.

In July of this year, Legendary invested £50,000 into Sula for which it received a convertible loan note. Upon admission to trading on AIM that loan note converted to 1,250,000 Sula shares. Yesterday, Sula's closing price implied a return of 72% in 3 months on this investment. Legendary also received warrants to subscribe for an additional 625,000 shares in Sula, at nil cost, with an exercise price of 4 pence per share. At yesterday's closing price of 6.88 pence per share, this would also give a return of 72% over exercise price on these warrants.

In addition, Legendary has a further 833,333 shares in Sula which were subscribed for at 6 pence per share and warrants to subscribe for an additional 416,666 Sula shares at 8 pence per share. Yesterday's closing price of 6.88 pence per Sula share implies a return of 15% on these shares.

[professor pettigrew] 17/3/2016 17:18

If memory serves me well, it's 3%, but I could be way out on that one.

[littlemadam] 17/3/2016 16:23

How much of a stake does Leg have in sula? Not much from what I recall

[professor pettigrew] 17/3/2016 15:52

Yes, you should put any ARS profits in LEG littlemadam.

Most people's LEG's go right up to their ARS.

[ride the wave] 17/3/2016 15:04

Good for you Littlmadam , that's what I like to hear . You know where you should your profits when the time is right !!!

:)

[littlemadam] 17/3/2016 14:49

rtw, while waiting for inevitable rise here, I am having a bit of fun with ARS. No rude comments!

[ride the wave] 17/3/2016 12:26

1 mkt maker on 0.16p , then THREE mkt makers on 0.17p .

L2 is getting stronger by the hour !!!!!

[ride the wave] 17/3/2016 12:21

I fancy news will come very soon and that's why they shaked the tree so hard yesterday .

0.1538p been paid for 1.2m shares .

I think they are delaying the big trades as well .

The sale is well and truly over , well held everyone !!!

GLA

[ride the wave] 17/3/2016 11:17

2 mkt makers on 0.17p now

[littlemadam] 17/3/2016 11:15

PP, I was just thinking that. Last trade shown at 9.53am, yet price rising.

[ride the wave] 17/3/2016 11:14

Bid just ticked up

[professor pettigrew] 17/3/2016 11:14

Looks like there is a large delayed buy in the background, not showing yet.

[littlemadam] 17/3/2016 11:12

Hitman, off course I am odd. I am a woman. As you say, dizzy from pole dancing.
Anyway, up we go. Wonder if those who sold (had to sell, maybe) will be back in soon. Dangerous game trying to deal short term.
rtw - as you say, we are on the same side.