Legendary Inv. Share Discussion Threads

[ride the wave 1] 31/3/2016 18:14

Next week we will FLYYY !!!!!

Everything is looking excellent :-

Goto year chart on monthly candlesticks, we are still getting higher highs and higher lows and it's been that way for the past 6 months .

Now do the same with weekly candlesticks and you shall see that this week has produced a tall white candle that is showing us the way for next week (ultra ultra bullish)

Next week we could test 0.22p and above so get ready for the big move up !!!

Now goto 3 month chart on daily candles and you can clearly see that 0.14p was our last higher low (as I said) and there's been three white candles which is the start of the bulls buying in anticipation of a much larger move up .

In the long term chart we are still in a golden cross break out which means that we are still in an uptrend regardless of little pullbacks every now and again (which are healthy because it removes the weak and frees up shares for the re- rate to continue ) .

In the very short term chart the 5dma has finally crossed the 10dma which again is very bullish and confirms my thoughts .

Once we close above 0.17p , the next day we should move up quickly because it's a break out closing price .

Then we will head towards a yearly high break - out at 0.22p , so expect fireworks when we get near to this level .

The macd has recently turned bullish and the rsi is in positive territory, momentum is building so the sky's the limit chaps !!!!

Please make your way to the departure lounge (lol)

ATB + GLA

[ride the wave 1] 31/3/2016 16:19

There's no rush here , we are consistently getting higher highs and higher lows . Fantastic long term hold , these will be 1p - 2p by next summer IMHO

[bit coin] 31/3/2016 16:09

mms want your shares - can sell 6000,000 at .161 - lets hope the rumours of news imminent are true?

[chinese investor] 31/3/2016 14:51

My Chums Obviously Know Summit !

[professor pettigrew] 31/3/2016 13:34

Thanks thehitman1. Sensible debate and a rising share price make for a good life!

[dongle features] 31/3/2016 12:43

Filthy scum.
All of them.

[littlemadam] 31/3/2016 12:40

Blooming madness here!

[chinese investor] 31/3/2016 12:26

My Chums Are Selling !

[thehitman1] 31/3/2016 10:44

Great thread and great posts by RTW and the professor.

[professor pettigrew] 31/3/2016 10:39

Good find godolphin.

From small acorns, big oaks grow.

[godolphin] 31/3/2016 10:29

Only a silver sponsor? lol.

[giant haystacks] 31/3/2016 09:46

hubby - any chance of a bit of LEG over?

[kemorkid] 31/3/2016 09:46

Did a "dummy sell" of 3 million there and would get 0.1635p
But I need 10 times that at least.!!!!!!!!!!!!

[kemorkid] 31/3/2016 09:23

I would also like to thank RTW for all his efforts.

[professor pettigrew] 31/3/2016 08:48

Morning RTW1 - thanks for the good work, research and L2 updates.

Looks as though we are nearing a tipping point here for a strong move higher on news.

[professor pettigrew] 31/3/2016 08:47

It looks as though LEG is now getting noticed by a wider investing audience.

Some decent buying already, and some recent good research from RTW1.

[ride the wave 1] 31/3/2016 08:45

3 vs 1 on L2 chaps

3 monkeys on 0.16p bid .

1 monkey on 0.17p ask .
2 monkeys on 0.19p ask .
1 monkey on 0.21p ask .

[giant haystacks] 31/3/2016 08:36

Sorry hubby - will you have me back?

[giant haystacks] 31/3/2016 08:08

Ive had enough - I'm eloping with "the yellow one".

[professor pettigrew] 31/3/2016 08:05

Good morning all.

After yesterday's positive day, big question is, on no news (so far) can we consolidate or continue to push up in anticipation?

All will be revealed.

[professor pettigrew] 30/3/2016 23:24

Well, IF they float. But I see the scenario panning out as another valuation next month, April, agreeing with your figures around £100-150m. Some more contracts, possibly tying up many NHS trusts, then the big boys moving in, and VS going for an IPO.

Could be a huge scramble for LEG stock if that plays out. 1p would then look very insignificant.

[ride the wave 1] 30/3/2016 23:09

Our stake in VS could be worth 1.875p when they float mate .

[professor pettigrew] 30/3/2016 22:56

Excellent research RTW1 - and without wishing to sound like a desperate ramper, I can genuinely see where the 1p share price can come from.

Any whiff of positive news from VS will set us on our way.

[ride the wave 1] 30/3/2016 22:55

8/4/15 rns

As part of the Transaction, Legendary has negotiated further warrants over new shares and options over existing shares of VSHL representing 1.2% of the fully diluted equity of VSHL, with an exercise price per share of the current placing price. In aggregate, following the Transaction, Legendary's equity, warrant and option interest in VSHL has risen from 5.0% to 5.6% of the fully diluted equity of VSHL.

This is how we could get extra % of VS (By NEGOTIATING warrants over new shares and options over existing shares).

It would be interesting if we could find out if there are any other options available to Leg at this very time ? . Otherwise it looks like we could get more % when and if VS raises more money because our CEO knows we would get diluted and I'm sure he would have put it in a clause or something similar .

[ride the wave 1] 30/3/2016 22:46

DYOR

Lord Carter of Coles published his interim report for the ‘Review of Operational Productivity in NHS providers’ in June 2015.

The ambition of this review and the prize it seeks is huge. Based on the data so far available he believes that savings of up to £5bn per annum could be realised by 2020, with optimisation of procurement contributing at least £1bn of savings, and more if electronic procurement is used to reduce holding levels and wastage of pharmaceuticals.

Just considering procurement of everyday consumables, high-value medical devices and common goods & services it is clear that there is huge price variability (>35% in some cases), real challenges in invoice matching (18% matching across the cohort of 20 hospitals surveyed) and ineffective catalogue management (500,000 items vs best practice of 6,000 - 9,000 items).

His recommendations in this area are clear; implement an Adjusted Treatment Index to measure performance, develop a ‘model NHS hospital’ framework that describes best practice, optimise pharmacy while maintaining or improving patient outcomes and develop an effective and efficient approach to catalogue management.

But he also recognises that change must come from the within the NHS itself, supported by, but not led from the centre.

That’s where Virtualstock’s The Edge comes in.

We are working with the NHS’ largest teaching hospital to transform their Purchase To Pay process, delivering control, compliance and an optimised catalogue.

The first phase will enrol the catalogues and prices of their largest suppliers, which will cover around 60% of their consumables spend. This will be followed by enrolling the long tail of smaller suppliers, allowing them to make their full ranges available.

Requisitioners and category managers will have rich product data, price transparency and product availability information at their finger tips so that they can make the best purchasing decisions.

The second phase will be to open up the platform for order management, which will give all stakeholders end to end visibility of the supply chain, order status and procurement performance.

However, once suppliers have loaded their catalogues these can then be exposed to any other NHS Trust that they supply or indeed want to supply. And any NHS Trust can discover new suppliers.

Virtualstock’s The Edge, delivering cost effective and scaleable change, led from within the Trusts themselves, ensuring best practice and best prices at the point of purchase.

And without IT change on the critical path