Legendary Inv. Share Discussion Threads

[gbenson1] 01/9/2017 11:21

Sorry Professor, I'm a little ahead of you ?

[professor pettigrew] 01/9/2017 11:13

Yup, delayed buys usually around an hour, so I reckon about 11.50 ish.

Either way, interesting to see how many.

[gbenson1] 01/9/2017 11:11

Fairly sizeable delayed buy in the systems, should land about 1250 ish, onwards and upwards.

[mickluv1] 01/9/2017 11:11

Maybe a bit of both Proff! I'm happy to see blue either way! A couple more tick ups wouldn't go amiss today in my view.....

[professor pettigrew] 01/9/2017 10:59

Or are the MM's, once again, terrified of any sustained and large buys given the news that is coming?

[professor pettigrew] 01/9/2017 10:58

We've had a published 500,000 sale, and now a tick-up.

Big buy being worked in the background?

[professor pettigrew] 01/9/2017 08:25

Morning Mickluv1 - yes, some here would do well to remember that.

As I've said, when the turn comes it will be brutal.

[mickluv1] 01/9/2017 07:52

Good morning all will we see another blue day today? Remember reversals here can be pretty rapid and extremely sore for those hold a short position GLA.....

[chinese investor] 01/9/2017 07:25

I agree with David.

[professor pettigrew] 01/9/2017 07:15

Good morning all, and best wishes to all genuine holders.

[professor pettigrew] 31/8/2017 18:37

Many thanks pet lover. Keep 'em coming.

[professor pettigrew] 31/8/2017 16:36

It is indeed Mickluv!

There's masses more to come though. The market hasn't cottoned on yet, nor indeed have the majority of private investors.

Just watch this roar when everything comes to pass.

[mickluv1] 31/8/2017 16:16

A little tick up! It is nice to see a little blue!

[professor pettigrew] 31/8/2017 10:02

I see our holding in Amadeo Resources is doing well today - up 17%.

Makes us even more undervalued.

[professor pettigrew] 31/8/2017 08:52

Best of luck luckyjohn71.

Sid - that's not a bad holding to start with. I think the £66m valuation is a false figure. When Jenkins took a stake nearly two years ago, VS was valued at £58m.

Notion would have wanted a few bangs for their buck, so I believe that price is not correct.

Beaufort, admittedly LEG's house broker, have run the slide rule over VS and currently see a valuation of £240m. Even if you take a figure in between the two, LEG should still be trading somewhere between 0.4p and 0.5p.

I think the two articles to re-read are the RNS concerning the John Lewis contract, and then the update from Beaufort the next day on the back of that.

Both show the enormous potential of VS, and don't forget our other holdings are in the mix for nothing. At our current level we are around 0.04p below what we should be, ie around 0.16-17p.

[carefreesid] 31/8/2017 08:30

Just 1.7m Prof, right now. Happy to wade higher if I see VS walking the walk.

Currently valued at 66mln, which arguably will be about 400mln too low or 66 mln too high! Valuing tech companies is a skill I dont have.

[luckyjohn71] 31/8/2017 08:27

Another little small top up this morning 554511 £750 including dealing at .00133

[chinese investor] 31/8/2017 08:20

Good morning all genuine holders.

[professor pettigrew] 31/8/2017 08:09

Morning all.

Quite Mickluv1. Massive potential for VS now going forward, they must be talking to many other retailers to promote "The Edge". I know it's slow going and some here have lost, or are losing, patience.

But patience will be amply rewarded. There is a massive amount of news to come in the pipeline, the price action lately has been strange to say the least, and the fact there is such a big gap up on L2 for buying a substantial amount leads me to believe the MM's are dead scared of the good news to come.

Hold on to your hats!

[adrian noble] 31/8/2017 08:04

Morning all

I thought I'd just post a quote from Office Depot to support my claim on the excellent results VS has had with them! It is available on the VS website for all to see......

“AS A DIRECT RESULT OF OFFICE DEPOT'S COLLABORATION WITH VIRTUALSTOCK, WE HAVE ACHIEVED MULTI-MILLION POUND SAVINGS IN COSTS OF GOODS, INTEGRATED WITH MULTIPLE SUPPLIERS OVER VARIOUS PRODUCT CATEGORIES TO PROVIDE GREATER ORDER STATUS TRANSPARENCY ON DROP SHIP ORDERS, AND INCREASED THE NUMBER OF VIRTUAL SKU'S OFFERED TO OUR CUSTOMERS”

JOHN MOORE, SENIOR VICE PRESIDENT | OFFICE DEPOT UK | VISIT WEBSITE

Why would someone like Staples not want to save millions too!

[mickluv1] 31/8/2017 07:51

Morning allI thought I'd just post a quote from Office Depot to support my claim on the excellent results VS has had with them! It is available on the VS website for all to see......"AS A DIRECT RESULT OF OFFICE DEPOT'S COLLABORATION WITH VIRTUALSTOCK, WE HAVE ACHIEVED MULTI-MILLION POUND SAVINGS IN COSTS OF GOODS, INTEGRATED WITH MULTIPLE SUPPLIERS OVER VARIOUS PRODUCT CATEGORIES TO PROVIDE GREATER ORDER STATUS TRANSPARENCY ON DROP SHIP ORDERS, AND INCREASED THE NUMBER OF VIRTUAL SKU'S OFFERED TO OUR CUSTOMERS"JOHN MOORE, SENIOR VICE PRESIDENT | OFFICE DEPOT UK | VISIT WEBSITEWhy would someone like Staples not want to save millions too!

[professor pettigrew] 30/8/2017 21:21

Agree with all that Mickluv1 - but remember the original timeline for the float was "around 18 months" (that was a couple of months ago).

I think it's agreed that the float will come before time due to Notion Capital's desire to see a return of goodly proportions.

But, yes, all to play for. And if VS can get something done with the US healthcare system, then the sky is the limit.

[mickluv1] 30/8/2017 20:59

The trading pattern is very strange of late! I was wondering if VS's excellent performance with the Office Depot might help them secure a brand like Staples in the US?.... surly with an imminent float over there there has to be news on new US based contracts soon?! Anything with the American health care industry could also be transformational........

[professor pettigrew] 30/8/2017 18:24

But there soon will be.

Hope you are fully loaded here sid.