Legendary Inv. Share Discussion Threads

[ride the wave] 15/3/2016 18:42

Link for the researchers

hxxps://www.nao.org.uk/wp-content/uploads/2016/03/Governments-spending-with-small-and-medium-sizes-enterprises.pdf

[ride the wave] 15/3/2016 18:36

MUST READ :- lacks digital plstfirm for procurement !!!!

The fractured nature of government procurement systems makes it harder for the CCS to pursue a more targeted approach for government as a whole.
An underlying theme of this report is that government lacks an integrated digital platform for procurement. We reported in 2014 that individual departments do not have systems that integrate information on contracts, payments, and contractor performance. In areas not covered by CCS frameworks, this makes it harder for CCS to assemble information on cross-government spending or contracts and identify areas in which SMEs are making signi cant contributions to the delivery of government services or have the potential to have a greater impact. Contracts Finder holds information on some of government’s contracts, but it depends on public bodies uploading information to it that is currently held in over 200 different procurement portals and the CCS has limited oversight of this data. Since July 2015, the CCS has begun to carry out a small number of spot checks to con rm that public bodies are using Contracts Finder to publicise
their contract opportunitie

[ride the wave] 15/3/2016 18:28

11 Increasing SME spending further by 2020 will be challenging. The government has set a new target for 33% of spending to reach SMEs by 2020. Whether it reaches this will depend heavily on the Ministry of Defence (MoD), which is currently responsible for 44% of central government procurement. In 2014-15, 19% of the MoD’s procurement spend reached SMEs. The other 16 departments collectively reported 33% of spending reaching SMEs. The MoD told us it will be challenging to increase its SME spending further by 2020. It has already committed large proportions of its annual spending
and is unlikely to be letting many further large contracts during the current parliament (paragraphs 1.21, 1.22 and Figures 2 and 4).
Progress in removing barriers SMEs face when bidding for contracts
12 The government has introduced initiatives to reduce the barriers faced
by SMEs when bidding for public sector work. In 2011, the Cabinet Of ce launched a package of measures aiming to make sure that SMEs were better able to compete for government contracts. The Cabinet Of ce identi ed barriers such as the poor visibility of opportunities and burdensome pre-quali cation requirements. It has launched initiatives aimed at reducing these barriers. For example, government has abolished pre-quali cation questionnaires for low-value contracts and departments are now required to use Contracts Finder (a portal for advertising government
tenders, rst launched in 2011). Furthermore, the Social Value Act 2012 requires commissioners to consider wider social, economic and environmental bene ts
in procurement processes, which is often thought to bene t VCSEs in particular (paragraphs 2.2 to 2.21 and Appendix Three

[kaerus] 15/3/2016 17:04

I like the last paragraph which does hint at continued expansion into NHS sites and beyond.

[kaerus] 15/3/2016 17:03

Text pssted below, from the above link (the hxxp is an auto-filter anti spam thing that ADVFN employ)

Virtualstock, a tech company with software which evaluates and improve the efficiencies of company supply chains, has brought in Cubitt Consulting as its corporate comms adviser.

Virtualstock (VS) works with retail businesses and the public sector, providing software that allows companies to look at their stock and processes without overhauling the systems themselves. Clients include Tesco, Maplin and Office Depot.

Cubitt will provide corporate comms and media relations advice to support the growth and development of VS as it expands. Key objectives include delivering understanding of the business to external stakeholders through the media, advising on the company’s differentiation in the press as it grows its market share, and providing transactional support.

Andrew Mills, CEO, said: “Virtualstock is transforming the procurement sector. With a wealth of combined sector expertise, and superior quality technology solution positions us at the forefront of the supply chain market.

“We are confident that Cubitt, with its recognised expertise in technology-based businesses, and government and regulatory audiences, will help us on our upward trajectory. We look forward to an exciting year and having Cubitt on board.”

[professor pettigrew] 15/3/2016 16:46

RTW - helpful of you to post the link, but it doesn't respond, especially with hxxp.

Here is the direct link again for anyone who wants to read the short but very important info.

Thanks for all your finds by the way. Keep 'em coming!

[ride the wave] 15/3/2016 14:48

HUGE NHS contract coming :-

Zafar Karim of Legendary Investments about the exciting prospects of VirtualStock and a possible NHS contract which will dramatically revalue this already proven company.

Since that was posted (a few days before the presentation In London) VS has hired Cubitt as corporate advisors .

VS hires Cubitt as corporate communications advisor to assist while it grows and expands

hxxp://www.gorkana.com/2016/03/supply-chain-tech-win-for-cubitt/

News must be very close IMHO

[ride the wave] 15/3/2016 13:30

14m traded and rising , a nice 3m buy just went through !!

[littlemadam] 15/3/2016 13:03

Official price misleading as i can buy for.1518

[professor pettigrew] 15/3/2016 10:51

Thanks for that nocky44, a good find.

[nocky44] 15/3/2016 10:33

NHS article in FT re procurement, bodes well



Also NHS Performance being discussed in House of Lords today

[ride the wave] 15/3/2016 10:10

Plus news soon from Bosques , Manas and VS !!!!!

Aim is news driven and this stock will go through the roof when our news comes (very soon) .

TICKED UP ON ASK ...0.16p .

Topper uppers had better hurry up imho

Strong volume today and it's only just past 10am .

The BULLS are now running the show yet again !!!

GLA

[professor pettigrew] 15/3/2016 10:04

We have a triple whammy here. We have an share price below the current asset value.

We have a holding in VS currently worth above the current share price

We have recorded profits in the last set of results that alone count for around 66% of the current share price

Talk about undervalued.

[ride the wave] 15/3/2016 09:44

A few more buys and the market makers will let this go .......

STRONG BUY !!!!

[professor pettigrew] 15/3/2016 09:02

Nice 3.3m buy.

[professor pettigrew] 15/3/2016 08:33

Good morning all. Thinking of another top-up at some stage today, as I think we will get a positive RNS sometime this week.

Bosques news is due anytime soon and it looks as though things are developing at VS. I liked their appointment the other day, and wouldn't be surprised if they announce more contracts soon.

Once we break 0.2p and close above it for 3 days running, 0.32p is the next stage on the charts.

GL all.

[professor pettigrew] 14/3/2016 15:41

Just been looking, I assume I'm correct in saying the bargain at 0.1488p is a buy?

[ride the wave] 14/3/2016 12:28

Mkt makers want shares

2 vs 1 on L2 .

Bid should tick up next on a small amount of buys .

[nocky44] 14/3/2016 12:21

Legendary Investments (LEG)
Managed to get another 1211700 at 15p, thats me done , just needs to go up now, Ordinary 0.1p Shares

1211700 shares bought at 0.15p
Value:
(Excl. stamp duty, commission and PTM levy) £1,817.55
PTM levy: £0.00
Commission: £5.95
Stamp duty: £0.00
Settlement date: 16/03/2016
Total value of trade: £1,823.50
What is this?
You saved £121.17
Market price
0.16p
Your price

[ride the wave] 14/3/2016 11:51

Nice top up mate .

New higher high coming !

[nocky44] 14/3/2016 11:43

RTW

14/03/2016 Bought B744807351 0.15 996,033 1,500.00
Ended up with another £1500

couldnt getr them all online so I set .15 max price and left order with hargreaves, received the fo0llowing email
Unfortunately, we have been unable to proceed with your order to buy Legendary Investments at a limit price of 0.15 for the following reason: outside market size.

Please note that your limit price has been met but unfortunately, due to the number of shares you are looking to trade, the price available is outside of your limit. Your order has therefore been cancelled.

put the rest in ARS and PROX
GOOD LUCK ALL

[ride the wave] 14/3/2016 11:28

First tick up on ask !!!

0.16p now

Then 1 mkt maker on 0.17p , then another on 0.18p and last one on 0.19p ask !!!!

STRONG BUY imho

[ride the wave] 14/3/2016 10:47

Let us know what price you paid nocky44.

GL mate

[nocky44] 14/3/2016 10:30

Gonna try and buy another 3_grands worth now :-)