Legendary Inv. Share Discussion Threads

[paulthomas103] 17/5/2018 14:58

no, Carphone warehouse is Dixons. It's worth noting that albeit Aldi are German, they are in the top 10 UK retailers list. I think it's because they are privately owned. I totally agree ref IBS, i was initially skeptical but i understand there is huge potential.

[michaelsadvfn] 17/5/2018 14:38

Time to post from Twitter as that seems to be in the mode lately...

Asia Energy
@asia_energy
·
29m
Bangladesh pre-approves Phulbari coal mine at government meeting in Dhaka


GCM.... will it fly?

[professor pettigrew] 17/5/2018 14:08

Yes, "The Works" are quite large too.

I don't think we are far from a further revaluation of VS.

[professor pettigrew] 17/5/2018 14:06

paul - isn't Carphone Warehouse a client also?

[livup967] 17/5/2018 14:05

are we forgetting ''THE WORKS'' they are a retail store with 20 mill costumer

I don't know if that client have been mention before but it is another one
on the list.... that goes on and on and on...


come on ZAF your time is now... get that media machine turning...
it was good to here you say that there will be a share buy back and DIVI
for your investor in your last video update .... and that you will be spreading
the word more this year....as we are very undervalued ...

[soupdragon55] 17/5/2018 13:57

Sorry Sid, it's just you said their income is so poor, so I naturally assumed you'd actually know what it was.Obviously you'd never make up statements to suit your arguement like other posters would do?

[carefreesid] 17/5/2018 13:49

Hang on Soup, I'll phone the vs cfo and get back to you.

[professor pettigrew] 17/5/2018 13:36

paul - just to add, I am just as bullish for our prospects in IBS and always have been.

That could turn out to be a real cash cow. 2-3% commission on deals, and they have already scoped some ready for the licence and permissions, which have now been granted.

There really is a torrent of good news to unfold here in the coming months.

[chinese investor] 17/5/2018 13:36

Office Depot are the 106th biggest retailer in the UK.

[professor pettigrew] 17/5/2018 13:33

Hi paul - Office Depot. They are huge, over 2,000 stores in nearly 60 countries.

Reading between the lines listening to Zaf's last few interviews, it's obvious they have been garnering in clients aplenty in the past year, lots of smaller clients I might add not the biggies, but they will come.

That's probably why they have taken on more staff since the new year.

I reckon there are some massive announcements to come from VS in the near future, which will finally trigger the revaluation and there is news from Germany to come to as well as the proposed US office opening in New York.

That's why the Vox Markets podcast yesterday was so positive and bullish.

What a bargain at 0.106 to purchase.

[paulthomas103] 17/5/2018 13:27

That’s the question!!! With such an increase in employees and we know it takes time from contract to going live and then payment terms. I’d love to know.

[soupdragon55] 17/5/2018 13:21

Sid, what's VS income for the past year?

[carefreesid] 17/5/2018 13:17

You know the most worrying thing about potential growth with vs?

Potential clients. They claim to have 6 of the top 10 retailers as clients, and yet their income is poor. Suppose they have all 10. Woopy doo.

They have a limited client target base. You can forget the German angle imo. Ahead of brexit, I dont see any German retailer getting into bed with them, when Siemens are round the corner.

Nope, the more I think about it, the more I see vs as a £10m max company, not the mythical unicorn that the dreamers spout on about.

[paulthomas103] 17/5/2018 12:38

Hi prof, I don’t know if I’ve missed something but 6 of the top 10. The list is Tesco, Argos, kingfisher, John Lewis, Dixon’s,who else is in the top 10 that I’ve missed? In addition, I note they haven’t lost any of these retail customers, that got to be a good sign.

[professor pettigrew] 17/5/2018 12:26

Six of the #UK’s top ten #retailers rely on #Virtualstock technology to make them more competitive and efficient. See our range of services... www.virtualstock.co.uk/… #digitalsupplychain #dropshipping #legacysystems #supplychainvisibility #digitaltransformation #delivery #CX pic.twitter.com/ol3BFWD…

[professor pettigrew] 17/5/2018 12:25

The NHS is "one of our country's greatest treasures" - @virtualstock agree with Prince William! - "Perhaps the most wonderful thing about the NHS is its people. The skill, care, and dedication that they provide every day is truly inspirational." www.bbc.co.uk/news/uk-4… #NHS70 pic.twitter.com/vWInsTM…

[carefreesid] 17/5/2018 11:58

sorry! Put it on the other thread.

[chinese investor] 17/5/2018 11:57

sid,
You'll be seething shortly !

[carefreesid] 17/5/2018 11:57

Lets assume for a minute that vs really is worth £66mln. That makes this share pretty fully valued, as it will always trade on a substantial discount to nav.

Now vs was 'worth' £66mln a year ago, when Notion invested. As anyone who follows the nasdaq will know, tech companies trade on massive multiples so long as they continue to show very high growth. Those that dont are absolutely crushed, with stocks falling over 90%, and worse, on occasions. I dont believe we've seen anything in the last year to suggest vs is growing sufficiently to merit this high valuation.

The ceo here, unlike the smart ones, has a history of over promising and under delivering, which is why the share price is close to all time lows, with the shares in issue at all time highs.

Take for example the hundreds of millions mentioned in relation to IBS. IT WILL NEVER HAPPEN. When that sort of money is being moved around, it is with major banks, not back street sheds.

With about 4bln shares in issue, and all shareholders secretly wishing they'd never touched this pile of poo, the overhang gets ever bigger in size and ever lower in price.

AVOID.

imo

[soupdragon55] 17/5/2018 11:25

Well the volume over the past month says the forward selling was virtually non existent.

[professor pettigrew] 17/5/2018 10:17

Hi yaj - many apologies didn't notice.

I'll take a look shortly.

[yajnas01] 17/5/2018 10:07

Professor pettigrew I private messaged you... would be good to get your thoughts on what I sent you

[soupdragon55] 17/5/2018 09:00

Weren't they supposed to be forward selling?