Legendary Inv. Share Discussion Threads

[chinese investor] 31/1/2018 10:04

Shareholders :-

NTA HOLDINGS LIMITED 10800
8X8848 TRUSTEE COMPANY LIMITED 10800
Andrew Dylan MCNABB and Andrew John MACKAY 2700
Grant Esmond PEMBERTON 5400
POLLOCK TRUSTEES 2017 LIMITED 24300
8X8848 TRUSTEE COMPANY LIMITED 27000
EIGHT PEAKS HOLDINGS LIMITED 510000
NTA HOLDINGS LIMITED 27000
MANU FORTI NOMINEE LIMITED 27000
Zafarullah KARIM 370000
Legendary Investments PLC 120000

[brian boru] 31/1/2018 09:51

Hi prof, thinking about the podcast yesterday and the bullish news restating the unicorn status and yet again zero market positivity this morning - I can only assume the market is wary of LEG because of Zaf........ For example what do you think he'll do with the money if and when VS is sold and £30 million plops into Legs account...........my guess is that Zaf would go on a spending spree like never before and us lowly shareholders wouldn't get a sniff of it?

[professor pettigrew] 31/1/2018 09:44

In the big scheme of things, if every other holding we have turns out to be a complete dud, we are severely undervalued just on our VS holding alone.

All one can surmise is that certain people around here have an agenda.

Which I will roundly ignore.

[mudbath] 31/1/2018 09:26

This is the current state of shareholdings in IBS Corp NZ
A significant majority of the holding companies were incorporated in recent months.
A significant majority of those companies involve Kenina Maree COURT.
There is no record of any transaction that might accord the claimed valuation of IBS


NTA HOLDINGS LIMITED 10800
8X8848 TRUSTEE COMPANY LIMITED 10800
Andrew Dylan MCNABB and Andrew John MACKAY 2700
Grant Esmond PEMBERTON 5400
POLLOCK TRUSTEES 2017 LIMITED 24300
8X8848 TRUSTEE COMPANY LIMITED 27000
EIGHT PEAKS HOLDINGS LIMITED 510000
NTA HOLDINGS LIMITED 27000
MANU FORTI NOMINEE LIMITED 27000
PATHFINDER TRUSTEES LIMITED 510000
Zafarullah KARIM 370000
Legendary Investments PLC 120000
PATHFINDER TRUSTEES LIMITED 880000
PATHFINDER TRUSTEES LIMITED 1000000

[michaelsadvfn] 31/1/2018 08:47

So david, at what time can we expect to see you ‘piling in’?

Just wondering like.

[chinese investor] 31/1/2018 08:31

When's the placing ?

[michaelsadvfn] 31/1/2018 07:58

Cryptocurrencies, and by association, LEG, not doing well at all.

I blame Zaf, and by association, LEG, for piling in to the hype.

No news again this week. I blame Zaf, and by association, LEG.

[professor pettigrew] 31/1/2018 07:14

A positive but drizzly good morning to all genuine LEG holders here.

I sense a decent day ahead.

[mudbath] 30/1/2018 22:19

It was the first time that I had seen Zaf.
Shifty ,or what .

[professor knobhead] 30/1/2018 21:51

Indeed, plain as the nose on my face.

The presenter on vox was as effective as a late developing 4 year old, and zaf has the presentation skills of a mixed up spaghetti bolognaise. Little eye contact, plenty of contradictory comments, and deep down, I sensed he didnt believe what he was saying.

The share price is down at these levels for a reason. Several reasons actually. The pie in the sky comments on the dreamers thread are just that.

[professor pettigrew] 30/1/2018 20:51

It is indeed Gotto. I shall be getting my knife and fork out tomorrow for another portion.

[gottopickapocketortwo] 30/1/2018 20:48

Getting tasty !

[professor pettigrew] 30/1/2018 20:47

Zaf's "backward looking" investment strategy will pay off in spades.

To have a stake like VS in the books at the previous valuation, and to see what they have achieved in the past 9 months or so, is superb because the share price has languished at a false low price, enabling a smooth transition towards large accumulations for those who want to reap the big reward.

[professor pettigrew] 30/1/2018 20:27

The rise of #directtoconsumer selling is helping to bring in a new era for #retail - and #Virtualstock can put you at the forefront … #D2C #digitalsupplychain #digitaltransformation

[professor pettigrew] 30/1/2018 20:21

Perfectly put Belt.

I have long been bullish of IBS, a cash cow in my view. Low commissions of around 1% but massive deals in the hundreds of millions are possible.

Zaf also said he expected the licences and permissions to be granted "very soon".

VS motoring and on fire where growth is concerned.
IBS about to be granted permission to operate and already they are "scoping a deal in the millions".
CfA quietly getting on with their crypto bond fund (£50m)
Oil price nudging $70 per barrel and our decent stake in the Circle Oil find is looking promising.

I hope all those who have castigated Zaf over the past 6 months or so will be the first to acknowledge his acumen when we hit the first target of 1p.

[belt n braces] 30/1/2018 19:43

IBS is also an interesting one. As Zaf alluded to in the interview, connections are the key and it is through these that is being build up via Leg and also his other connections, that will enable IBS to get going.

[belt n braces] 30/1/2018 19:38

That is the point regarding Zaf having personal decent stakes in the investments, Zaf would not be getting a massive salary from Leg. Therefore, in my opinion he deserves to do well personally if we all also do well. From my own experience it is typical for shareholders to expect all the gains with as minimal payout as possible to the directors. So if Zaf does well, we all do. Good luck to him.

[paulthomas103] 30/1/2018 19:28

Soup, your right the dilution is annoying but it’s his full time job and if vs get to expected levels and one of the other investments comes good I’m not gonna begrudge him a salary.

[professor pettigrew] 30/1/2018 19:22

Don't rule out a possible bit of LEG buying from the US in the next few weeks.

I've sent the details of today's podcast and YouTube interview, along with a resume' of VS to some rather well-heeled friends in Key West this evening.

[soupdragon55] 30/1/2018 18:33

Paul, it could have got closer to 0.5 if Zaf didn't keep diluting.

[paulthomas103] 30/1/2018 18:31

Prof, I’m just surprised that we’re not already at .50 I genuinely believe this company has a long long way to go beyond that. I currently have almost 50 million shares which I’ve held for 2 years now my plan if they deliver on promises will be to double that amount and see what the mid term brings.