Legendary Inv. Share Discussion Threads

[professor pettigrew] 21/12/2017 11:17

Well, there's one from me cpap.

[professor pettigrew] 21/12/2017 11:16

He's incapable of that cpap man. He's got his todger in the other hand, trying to spark some life into it.

[professor pettigrew] 21/12/2017 11:15

If we move back up from the current 0.15/0.17p level and close at or near the day's high, that would be an extremely bullish signal.

[cpap man] 21/12/2017 11:15

RTW once again does NOT appear to think so P P! LOL how about some green ticks from all the very many LEG fans?

[professor pettigrew] 21/12/2017 11:14

I would think that would make perfect sense cpap man.

This stock is so undervalued it's unreal.

We'll do a billion share volume when VS announce more contracts.

2018 is going to be a very exciting time here.

Well done cudmore - you've sussed the liar.

[cpap man] 21/12/2017 11:10

Market whispers that Beaufort Securities are about to UPGRADE LEG to BUY with a price target of 1.5p

[kemorkid] 21/12/2017 11:10

PP we will have 300 million by lunch time

[cudmore] 21/12/2017 11:09

onve the sellersare Out this will move back up. Selling on a positive RNS i’ll Never undestand.

Chinese Investor

You never held any!!!

[cpap man] 21/12/2017 11:09

Legendary Investments (LEG.L, 0.13p) – Speculative Buy

Legendary this morning announced that it has entered into an agreement to acquire 9.7% of Crowd for Angels (UK) Limited (‘CfA’), an owner-operator of the crowdfunding platform, ‘Crowd for Angels’, at a post money valuation for CfA of £3.7m. The 9.7% stake will be paid for through the issuance to CfA of 248,275,862 Legendary ordinary shares of 0.1 pence nominal value each which equates to 0.145p per Legendary Share (rank pari passu). The closing price on 19 December 2017 was 0.14p per Ordinary Share. Admission of new ordinary shares to AIM is scheduled to occur on or around 29 December 2017. Following admission, the company's enlarged issued share capital will comprise of 3,292,912,755 ordinary shares with one voting right per share (no shares in treasury). Legendary’s Executive Chairman, Zafar Karim, commented “Legendary was the first outside investor in the successful tech company, Virtual Stock Holdings Limited. With its recent investment in IBS Corporation Limited, Legendary has a stake in a banking services platform and now, with the investment in Crowd for Angels, Legendary has a stake in a fintech platform. Technology, finance and its confluence, fintech are exciting sectors that will and are moulding the future”.

Our view: This is an encouraging move for Legendary. CfA was among the first crowdfunding platforms to be authorised by the FCA and approved by HMRC to manage the Innovative Finance ISA (IF-ISA). Since its launch in 2014, CfA has successfully completed 9 fundraisings and helped raise over £3m (both debt and equity) for investee companies. It is also the first crowd funding platform to be launching its own Liquid Crypto Bond with attached crypto tokens through an Initial Coin Offering (‘Liquid Crypto Bond’). With the imminent launch of its £50m Liquid Crypto Bond, CfA is in exciting phase of its development. For the year ended 30 June 2017, CfA had losses of £192,986. Simply valuing Legendary’s 7.2% Virtual Stock participation on the basis of Notion Capital’s recent funding injection, this on its own, provides a 20% or so premium to LEG’s current market capitalisation. In expectation of Legendary’s participation in VS becoming more realistically valued within LEG’s wider portfolio, Beaufort retains its Speculative Buy recommendation on the shares along with its 0.7p price target.

Beaufort Securities acts as corporate broker to Legendary Investments plc

[chesty1] 21/12/2017 11:08

Falia dumped and moved on

[philmiboots] 21/12/2017 11:00

Maths not your strong point then CI?

[professor pettigrew] 21/12/2017 10:59

Heading for 300m volume by the close - maybe more.

[chinese investor] 21/12/2017 10:58

Thank Goodness I Sold !

7 percent Dilution !

[professor pettigrew] 21/12/2017 10:56

Big Lolz Glenkaz!

The guy is vermin.

[chinese investor] 21/12/2017 10:49

Another Nice Profit !

[professor pettigrew] 21/12/2017 10:43

Back up to 0.17/0.18 after the tree-shake.

Will we revisit 0.2p on the ask sometime today?

I'm happy with current levels, now looking for some more news, especially from VS.

Sure Zaf will give us a decent overview in the interims in any case.

[glenkaz] 21/12/2017 10:39

Shake and up! Mms games this will breakout 🤡🚀