Legendary Inv. Share Discussion Threads

[mattboxy] 09/4/2016 08:46

Question -Do we know who owns the rest of VS ?Is it all private or any listed companies funds etc be surprised if Woodford isn't involved somewhere.

[soupdragon55] 08/4/2016 23:29

Was on here a number of weeks ago. No biggie, but good to understand possible pricing.

[philmiboots] 08/4/2016 23:04

Don't recall seeing this before:-

Gov.UK Digital Marketplace - Virtualstock Ltd The Edge.....



Plus, pricing info....



Detailed background info.....

[kemorkid] 08/4/2016 22:45

What can get wrong here guys
Snd I'm not being factious ?

[ride the wave 1] 08/4/2016 22:44

Last bit of research (phew!!!)

We own 7% of VS and they have employed the x director of PROCURMENT at the NHS , the director from Samsung who grew sales from 1b - 4b within a year and Nick Jenkins from dragons den , who sold Moonpig for 40m has taken a 2-3% stake in VS (low single figure stake) .

They have attracted a world class bod and have contracts with the biggest retailers in the country / NHS for their technology the edge .

VS can easily become a unicorn which means it will have a mkt cap of 1b that would make Leg worth 1.875p a share and that's just from one of our investments .

GLA

[ride the wave 1] 08/4/2016 22:37

Bod next options are at 0.35p

[ride the wave 1] 08/4/2016 22:30

Purchasing price index starts 1/4/16 !!!

hxxp://www.nhsconfed.org/news/2016/02/carter-review-details-steps-to-up-productivity-and-performance

[ride the wave 1] 08/4/2016 22:22

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

[ride the wave 1] 08/4/2016 22:20

Standard for global supply chain

GUYS AND ST THOMAS :-

hxxp://www.nhssustainabilityday.co.uk/wp-content/uploads/2015/03/PROCUREMENT-Guys-and-St-Thomas-NHS-Foundation-Trust.pdf

[ride the wave 1] 08/4/2016 22:15

NHS IT renewal date is on the 1/7/16

hxxps://www.supplychain.nhs.uk/~/media/Files/Procurement_Calendar/Procurement%20Calendar%202016.ashx

[ride the wave 1] 08/4/2016 22:10

8/4/15 rns

My post from last week :-

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] 08/4/2016 22:05

Watch this video

Head of procurement at Guys and St Thomas Trust (the first NHS trust to use VS the edge:-

1st NHS trust that uses VS the edge tech

hxxp://virtualstock.co.uk/guys-and-st-thomas-nhs-trust

There are 168 trusts in England , VS could save the NHS half a billion pounds per year !!!!!

The NHS is on its knees and VS has the x NHS director of procurement working on healthcare contracts .

WAKEY WAKEY .....

[ride the wave 1] 08/4/2016 22:03

Look who joined Virtualstock and why

hxxps://spendmatters.com/uk/82299/

[ride the wave 1] 08/4/2016 22:02

Virtualstock The Edge imho

Lord Carter report recommendation 13

NHS Improvement to Develop a Single, Integrated Performance Framework.
By July 2016

The intention is to ensure that there is one unified set of metrics and a consistent approach for reporting while at the same time reducing and rationalising the overall reporting burden. There will be a quarterly reporting cycle designed to be sharply focused, rigorous and reliable. It will also include the introduction of lean daily management.

Impact on Procurement: As metrics alone don’t deliver improvement, there is a considerable emphasis on a cultural change whereby knowledge-building and collaboration occur nationally, regionally and locally. NHS Improvement will need to create guidelines and toolkits to build that level of understanding from executive boards down.

[ride the wave 1] 08/4/2016 22:00

Rolled out across the NHS

hxxp://www.health.org.uk/programmes/behavioural-insights-research-programme/projects/improving-efficiency-building

[ride the wave 1] 08/4/2016 21:02

The best article on VIRTUALSTOCK where Leg owns 7%

hxxps://www.linkedin.com/pulse/nhs-must-replicate-retail-virtualstocks-technology-platform-mills

[alchemy] 08/4/2016 20:57

Better that it be their (sic) yearly spend.Nevertheless very worth repeating for newcomers.

[ride the wave 1] 08/4/2016 19:01

The biggest retailers in the country are using Virtualstock (Tescos , Argos , Maplins etc) . The technology is proven and saves the companies a lot of money by better procurement . One NHS has tested it and it saved them 10% (3m)of there yearly spend (30m) . There are 168 NHS trusts in the country and in Lord Carters report , he suggested that every trust uses Virtualstocks the edge technology.

This is why the NHS must replicate retail !!!!!!

[ride the wave 1] 08/4/2016 18:57

Newbies

hxxp://www.hsj.co.uk/hospitaltransformation/hospital-of-the-future/why-the-nhs-must-replicate-retail/5091475.article?referrer=RSS

[ride the wave 1] 08/4/2016 18:51

Cut and blow dry ?

:)


No probs PP , will do !

[mrsapeslaptop] 08/4/2016 17:28

So a loan is repayable next month $275k. Plus I assume more running costs for a year. my guess is £500k placing IMHO DYOR

[mrsapeslaptop] 08/4/2016 17:26

In May 2015, Legendary obtained a loan of US$250,000 from Alcazar 1 Pte Limited, a related party as it holds 272,727,273 shares (11.1% stake) in Legendary. The loan has an interest rate of 10% per annum and is repayable in May 2016. The loan is secured on shares in Legendary valued at the market price of the shares at the time when the loan becomes repayable. The directors, having consulted with Legendary's nominated adviser, consider the loan to be fair and reasonable insofar as Legendary's shareholders are concerned.

[chinese investor] 08/4/2016 17:12

Would the gentleman like something in the Weekend Press ?

ride the wave 1 (LEG) 8 Apr'16 - 16:19
Last chance salon

[trigger blade] 08/4/2016 17:07

ride the wave 1
8 Apr'16 - 16:19 - 740 of 745 0 0


Last chance salon

Buy

GLA

OK< I'll go and get my hair done then......:-)

[professor pettigrew] 08/4/2016 16:55

And you RTW1 - but don't forget to stay here over the weekend if you have any more info or whatever.

Thanks for all your input here.