Legendary Inv. Share Discussion Threads

[ride the wave 1] 04/4/2016 13:15

More buyers than sellers

2 vs 1 on L2

1 monkey on 0.20p ask
2 monkeys on 0.21p ask
1 monkey on 0.23p ask

[poseidon adventure] 04/4/2016 12:37

I notice the share price is dropping......probably as a result of all this placing talk.

[professor pettigrew] 04/4/2016 12:15

I see a number of scenarios here, a complete takeover of LEG say around 1p, VS being valued at many times what its in the books for (0.18p), a RTO by VS, or VS, Bosques and the other investments all coming good at the same time.

Whatever one transpires, the current share price of 0.195p mid is not even worth discussing in itself.

[professor pettigrew] 04/4/2016 12:13

In fact they may have been BUYS from last week when we were around that price to buy, thus triggering the recent move upwards.

[professor pettigrew] 04/4/2016 12:11

That was from last week before we started off on the current rise.

History now.

[abi786] 04/4/2016 12:09

Someone sold 20,800,000 for 0.15, I don"t understand?.

[professor pettigrew] 04/4/2016 12:00

Thanks soupdragon55.

[soupdragon55] 04/4/2016 11:50

Can't remember whether this has been posted before.



"Exploring how behavioural insights can be applied to an online procurement system, to generate cost savings without compromising quality. The project team will test how messages and prompts can be used throughout the buying process to encourage efficient and effective purchasing decisions.
Led by The Behavioural Insights Team in partnership with The Policy Institute at King’s College London, Guy’s and St Thomas’ NHS Foundation Trust, and Virtual Stock.

Completion date: Spring 2018.

The NHS spends £9 billion on procurement each year, but an estimated £1 billion could be saved by adopting best practices and modern systems. This project aims to identify the optimal ways of presenting buying choices in an online procurement system, to reduce waste and improve efficiency. The research will focus on the new online procurement portal at Guys and St Thomas’ NHS Foundation Trust. The project team will observe how staff use the system and how their working environment shapes procurement decisions, before developing a range of features to test on the live system. Each feature will be designed to influence buying choices, for example by:

- highlighting the most commonly purchased products within a category
- displaying the per-unit cost of products
- showing how satisfied other purchasers have been with a product
- asking users to reconfirm quantities
- prompting users to choose the most efficient delivery options.

The team will measure the effect that each feature has on outcomes such as total spend by product line or category, spend by departmental budget line, product re-ordering rates and patient outcomes. These outcomes will be compared with historical purchasing data from the trust and control data from other trusts, including early-adopters of the same procurement system. The researchers will also gather feedback from staff about their experiences of using the new system.

In the final phase of the project, the researchers will assess the overall impact of introducing the new system and make recommendations for how it could be rolled out across the NHS.

[dongle features] 04/4/2016 11:45

When is the placing?
Genuine question.
Thanking you in anticipation.

[ride the wave 1] 04/4/2016 11:43

Bosques stake is on the books at 83k and got valued at 2.1m in 2013 . I think our stake is worth at least 5m today .

[professor pettigrew] 04/4/2016 11:41

littlemadam - watching them closely!

Watching the price action even more closely!

I think we could start moving back up from the 0.18/0.21p level after lunch.

[yajnas01] 04/4/2016 11:32

when do we think the multibagging will begin (for new entrants :-))

i was hoping for a virtual stock update soon which could herald the major rerate and attract investors (not traders) based on fundamental valuation and ongoing profit making potential as a business

also fascinated about the second jewel in the crown which probably isn't even priced in at this level.

[ride the wave 1] 04/4/2016 11:20

Monkeys think we are stupid .

This is only the start of the story ...

[richsmithsmith] 04/4/2016 11:06

its fantastic... the price flew out of the blocks this morning. Was watching people buy at over .22p. This has plenty more to run yet.

[littlemadam] 04/4/2016 10:43

PP. In keeping with the theme of this bb are you tempted to ban the 2 or 3 who have suddenly turned up here with the deliberate intention of disruption? Scaremongering about placings to try and drive down the price.

[professor pettigrew] 04/4/2016 10:05

Typical MM tactics. Slam the bid down to give the impression of weakness, but in reality to pick up cheap stock for the next move up.

As long as we stay within the parameters pointed out by RTW1, higher highs and higher lows, then everything is intact.

With the amount of positive news to come, that shouldn't be too difficult.

I suggest if the ask dips below 0.2p there will be renewed heavy buying.

[adrian noble] 04/4/2016 09:52

Any details on the placing?

[chinese investor] 04/4/2016 09:47

I Might Be Accumulating Again !

[ride the wave 1] 04/4/2016 09:37

I bet the traders that sold are feeling sick right now . These shares will only get harder and harder to buy as more people buy in . Ride your winners chaps and don't be scared of success.

Best Buy back in traders and quick !!!

PMSL

[wrestlingmad] 04/4/2016 09:33

Ive just heard a rumour about a possible placing.

[professor pettigrew] 04/4/2016 09:32

grannyboy - I ask you, are you in touch with every single person you know, every single minute of every single day?

It just so happens that it was an arranged lunch yesterday with two people I worked with many years back and haven't seen for years. Investments came into the topic of conversation as we all worked together in the City, and I naturally mentioned LEG.

They both did a bit of looking into it (I won't call it research in the two hours they were at home after we all parted) and I spoke to them on the phone last night and they told me of their intentions.

If I could promote LEG to everyone I know, it would take me many weeks, 24 hrs a day, just to phone them all.

Be grateful we have another couple of decent holders, who I will tell you aren't short of money and if they see further value here wouldn't hesitate to buy many many more.

[cpap man] 04/4/2016 09:31

Any thoughts on the rumours of a placing?

[ride the wave 1] 04/4/2016 09:26

The NHS must replicate retail: Virtualstock’s technology platform featured in Carter Report and recommended to all NHS Trusts as best practice.
February 29, 2016 • 208 Views • 15 Likes • 1 Comment

Virtualstock Ltd (“VS”), the leading British technology company in the provision of digital supply chain optimisation services, has been cited in Lord Carter’s ground-breaking report on the NHS as best practice in employing digital technology to deliver significant cost reductions, through supply chain optimisation and procurement process efficiencies.

The deployment of VS’ cloud-based, Amazon-style digital platform The Edge at Guy's and St Thomas' NHS Foundation Trust was featured as a case study on procurement in Lord Carter’s landmark government-commissioned report, .

David Lawson, Chief Procurement Officer at Guy's and St Thomas' NHS Foundation Trust, said: "NHS procurement leaders need to look beyond simply unit cost and focus on wider process efficiency opportunities through partnership working with industry and addressing hidden costs within the supply chain and purchase to pay process. At Guy's and St Thomas' NHS Foundation Trust, we wanted to embed best practice by replicating the best in retail. We need to deliver at pace, so we adopted Virtualstock, the same digital platform used by some of the UK’s largest retailers to deliver process improvement to both the hospital and our supply base."

In the report, Lord Carter recommends that “trusts seek to rationalise their catalogues and increase their compliance to at least 80%, learning from the best in the NHS [Guy's and St Thomas' NHS Foundation Trust]”. Highlighting this as an example of best practice in catalogue management and end-to-end supply chain optimisation, Lord Carter writes that through VS’ “innovative procurement platform”, The Edge, which utilises unique track and trace technology, Guy's and St Thomas' NHS Foundation Trust will achieve a further £3m (10%) annual cost reduction in targeted spend areas.

The report estimates that £5bn is lost in the NHS through waste and unwarranted variation across acute trusts: a sample of 22 trusts used 30,000 suppliers, 20,000 different product brands and more than 400,000 manufacturer products. Procurement-led efficiency initiatives specified by Lord Carter will aim to deliver savings of up to £1bn (out of £5bn) to 2020.

However, Andrew Mills, CEO of VS, emphasises this critical time period to 2020: “Lord Carter has identified achievable targets requiring immediate action to enable the delivery of these savings. With a significant track record of rapid and successful delivery in retail, the NHS could not only achieve, but even surpass these savings targets, as more hospitals adopt our unique platform, The Edge.”

VS has an impressive 10 year history of deploying digital solutions to leading retailers including Tesco, Argos, Maplin and Office Depot. Selected for their ability to implement agile, scalable technologies, VS continue to provide their retail partners with the tools to optimise supply chain operations, while delivering significant cost savings. The company's strategy could be effectively replicated across NHS Trusts for comparable results.

As a registered G-Cloud 7 framework service provider on the Government’ ground-breaking Digital Marketplace and with GS1/PEPPOL compliance, VS is able to rapidly expand its services at scale and pace in the NHS.

In November 2015 VS announced the appointment of Rob Knott, previously National Director of NHS Procurement, as Director of Healthcare and Public Sector.

Nick Jenkins, Founder of Moonpig.com and digital guru on Dragon’s Den, last year invested in the company at a valuation of £58m, driven by his belief in the company to provide significant savings across NHS procurement.

[ride the wave 1] 04/4/2016 09:20

News due from :-

VS
Bosques
Manas

[ride the wave 1] 04/4/2016 09:19

Where did the RTO rumour come from ?