Legendary Inv. Share Discussion Threads

[astute person] 05/4/2016 09:20

Well done Dongle.

[abi786] 05/4/2016 09:17

What would happen if MM's run out stock and no one was selling and positive news came?. I never been in that passion with a share before.

[targatarga] 05/4/2016 09:16

oh yes - and the placing price is at a premium! [probably]

[wrestlingmad] 05/4/2016 09:14

They are all chatting about the inevitable placing on the street...indeed they talk of little else.

[ride the wave 1] 05/4/2016 09:12

Should easily test 0.3p today .

Rise is backed up with strong volume .

[dongle features] 05/4/2016 09:09

Ive sold - lovely profit.
Good luck to all genuine holders.

[ride the wave 1] 05/4/2016 09:02

VERY STRONG BUY

Monkeys have run out of shares !!

[professor pettigrew] 05/4/2016 08:59

100m plus volume today it looks like.

I haven't seen a chart this bullish for a very long time.

The market makers are being badly squeezed now.

[professor pettigrew] 05/4/2016 08:50

So far, I am very pleased that my "slight pull-back" post has been thoroughly discredited!

[professor pettigrew] 05/4/2016 08:39

I am increasingly coming round to RTW1's view that the market makers could be quite short of stock.

Looks to be very deliberate that they have such a wide spread, obviously to deter any buyers.

God help them when the game changing news eventually comes through here.

[poseidon adventure] 05/4/2016 08:30

Any news on the 0.14p placing?

[thehitman1] 05/4/2016 08:27

Looking very good.

[thehitman1] 05/4/2016 08:27

0.24 paid for 500k.

[professor pettigrew] 05/4/2016 08:25

Cheers for that RTW1.

[ride the wave 1] 05/4/2016 08:21

Little morning shake by monkeys

L2 getting stronger already

2 monkeys on 0.25p ask

[professor pettigrew] 05/4/2016 08:13

Agreed Soupdragon55 - although where VS is concerned I would think that if The Edge is seen to be working well at Guys and St.Thomas' then recommendations and implementations could well be forthcoming long before the timespan is up.

Also we are awaiting a revaluation of VS, not forgetting it's not just NHS contracts driving them, and Bosques news.

Exciting times lie ahead.

[professor pettigrew] 05/4/2016 08:07

I suggest we may have a very healthy pause for breath today, possibly with a pull back in price of a few ticks or so, before buyers come back in.

To me it would be very positive to see a pull back to the 0.19/0.21p range then a rise back to last night's closing levels on renewed buying.

Nothing goes up in a straight line and healthy two-way trading is more desired than spikes up and plunges down.

Steady as she goes towards the 1p target.

[soupdragon55] 05/4/2016 08:00

As you say PP it's down to patience. We know that VS system at Guys and Thomas' is being assessed over the next year or so before any recommendation comes.

[dongle features] 05/4/2016 07:51

I will have no talk of a placing.

[professor pettigrew] 05/4/2016 07:46

Good morning all. I view the lack of an RNS as good news because it's obvious there is a lot going on in the background, especially with VS.

If contracts are being negotiated for other NHS trusts, they obviously take time. I appreciate some are impatient, but the patient will be the winners here. We have had an amazing run in the past 5 trading days, on very good volumes.

LEG is now appearing on more and more radars. The positive news will be the icing on the cake.

RTW1 - keep up the good research and L2 work please.

GL to all for today.

[chinese investor] 05/4/2016 07:20

Some ex colleagues of mine (Africa 1970s) are aware of the proposed deeply discounted placing.......they mentioned it at a dinner party I had last night at "Chez Kings" !

[strongbuy] 05/4/2016 07:07

Placing will dilute, just like robinsons barley water

[ride the wave 1] 04/4/2016 22:20

Note - COULD BE ROLLED OUT ACROSS THE NHS !!


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.

[ride the wave 1] 04/4/2016 21:50

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 •

Note - ALL NHS TRUSTS (168 TRUSTS IN ENGLAND)

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.