Legendary Inv. Share Discussion Threads

[paulthomas103] 29/4/2018 18:52

Agreed but it will happen as always when we least expect it. I may pick up a few more this week as well.

[professor pettigrew] 29/4/2018 18:47

Agree paul, and as Zaf said in an interview not so long since, LEG's valuations are all backward looking (very conservative as well). With regards to VS he stated that the valuation put on by LEG was the previous valuation of VS shares given deals in the company.

They are in the books at £66m - way too low now given what we know.

We could triple from here quite easily within a few trading days on a revaluation.

[paulthomas103] 29/4/2018 18:38

Soups review is excellent but I think it looks backwards not forwards and is very very conservative. The share price should really fluctuate between his valuation and a forward looking valuation. If they bring on Lidl or Aldi this will start increasing again just as it did with John Lewis. The only reason for the decline was the delayed nhs roll out.

[paulthomas103] 29/4/2018 18:34

Thanks prof, well I’m sat on 55 million of these and have no plan to sell until at least vs float. People react to share price not facts which in turn feeds the trolls and with aim level shares that’s a mistake. This will fly given time regardless of dilution. It’s only if he dilutes faster than growth that we have a problem and with VS, IBS, etc.... that’s never gonna happen.

[chinese investor] 29/4/2018 18:19

WEST HAM 1 MAN CITY (MY TEAM) 4

[cudmore] 29/4/2018 18:08

This week will see these bounce back northwards.....trust me!

[paulthomas103] 29/4/2018 17:06

I have absolute confidence this will come good. I think their are 2 missing ingredients. 1 we need a better view on vs profits and valuation. 2 Zaf needs to earn and we all understand that but If he dilutes, how much? Being conservTive I would say we should be at 0.40 especially after the recent vs interview - Ed I think. There are definite traders playing this stock between 0.08 and 0.12 and we need some news (nhs or German retailer) that will deter the sellers.

[professor pettigrew] 29/4/2018 12:54

It will indeed KK. UselessSid reckons the "market, as always, get's it right".

Well, in this case they have got it wrong. So has he.

I'm so looking forward to rubbing it in the noses of the trolls and detractors when it's 1p party time.

[kemorkid] 29/4/2018 11:42

Sensible approach Prof.

Our day will come!

[chinese investor] 29/4/2018 09:41

Miserable here in Hartlepool....so no change there !

[maxk] 29/4/2018 09:37

Loadsa rain on the way according to the wireless.

ASDA's proposed link up with Sainsbury very good news for leggo (says an insider who shall remain nameless.)


Anyone sober yet?

[chinese investor] 29/4/2018 07:44

Probably "The Only LEG Thread" now !

Professor Pettigrew (LEG) 25 Apr '18 - 18:58
Give it up soupdragon55.
"Legendary Investments - Main Thread"!
What a hoot!

[professor pettigrew] 29/4/2018 07:20

And yes, you ARE the one that posts here non-stop. You either have an agenda or something is wrong with you.

Probably both.

[professor pettigrew] 29/4/2018 07:02

Anyone have a serious comment to make about the proposed Sainsbury's/ASDA merger?

I think it's seriously good news for VS, and my implication LEG, given that they have stated that the Argos platform will be rolled out across ASDA.

Then, Wal-Mart in the US, with an office opening and eventual float?

LEG become more undervalued by the day, but the sellers will eventually be kicking themselves when the markets find the true intrinsic value here.

[carefreesid] 29/4/2018 02:46

The ignorant one on the schoolboy thread now believes VS are worth £250mln because Sainsburys and Asda are merging.

Firstly, they are in talks only, and it will take the monopolies and mergers commission a long time to approve it, if indeed they do.

Secondly, Sainsburys have never used VS, although Argos did initially trial them. We have no evidence that that is still the case.

Asda, on the other hand, have never used VS. American companies use American technology. You maybe aware they have a new president over there who extols the buy American mantra. It is highly unlikely, given that policy, that VS will ever get a foothold in the USA.

So I maintain my £6.6mln valuation on VS. It just cant make any money imo.

[paulthomas103] 28/4/2018 22:46

Zaf mentioned it in his recent interviews. I think this share needs some broker research as it just seems so ridiculously undervalued especially now ibs are licenced and the recent vs interview.

[bionicdog] 28/4/2018 22:20

Good job buddy!

[professor pettigrew] 28/4/2018 21:53

Sorry dog, you are back on the filter list too.

Spasmo's don't make my day.

[soupdragon55] 28/4/2018 21:31

Paul, the one point I would put is that I doubt Circle Oil Tunisia will float, it a singulars entity with one prospect, it's majority owned by Dunraven Resources who are the likely float.

[bionicdog] 28/4/2018 20:06

Asda and Sainsbury?
What next , Primark and John Lewis?

[maxk] 28/4/2018 20:04

A placing at 0.05 would be massive news, so he's right for once.