Legendary Inv. Share Discussion Threads

[professor truro] 18/7/2018 10:25

there's more dave's duffers than there are Wong's in a Chinese telephone directory.

[michaelsadvfn] 18/7/2018 10:19

No buyers today.

If this was as good as dave makes out there’d be buyers all over it.

I’m afraid it’s just another in a long list of ‘dave’s duffers’.

All good fun.

[professor pettigrew] 18/7/2018 07:31

A bright and warm good morning to all genuine LEG holders.

[professor knobhead] 18/7/2018 06:39

Davey talks like he's as hard as Vinnie Jones, but in reality, he's a great big pudding with a keyboard.

[professor knobhead] 18/7/2018 06:37

I think a change of location is needed.

[maxk] 17/7/2018 23:47

None of it is relevant, cos it's all virtual money...there's no profit to be seen anywhere.



Hallucinations of the bottle kind,

[soupdragon55] 17/7/2018 18:01

The point being that commentary about the 33x investment return isn't really relevant when it's about 4x return on total invested.

[soupdragon55] 17/7/2018 17:53

Crunching the numbers (rather than worrying about personalities) Leg have spent £801,386 acquiring their stake in VS. Giving them a weighted average of £1.693.So with a £66m valuation this would give profit of £3.932m for Leg on their total investment.

[mudbath] 17/7/2018 17:28

"Zaf also said the main reason for buying into any company is on the basis of the strength of management."

[giant haystacks] 17/7/2018 16:38

I can confirm it's not David.

"a former UKIP councillor has been found guilty of murdering his wife"

[professor pettigrew] 17/7/2018 14:46

Cheers Belt - and thanks again livup.

[livup967] 17/7/2018 14:16

your welcome P/P speak soon....

well done for your breakdown BELT'''' good read...

nice to see ZAF out and about doing his PR thing it will come when it comes...

IBS are dew an RNS soon me think..... could give us a boost........

patience.....

[carefreesid] 17/7/2018 14:14

1) Since LEG's original purchase, Virtualstock has risen in value by a multiple of 33 (£2m value to £ 66M). This is based on a historic, backward looking valuation. Since that valuation, Virtualstock's revenue has doubled.

You seem an intelligent fella, BnB. Do you really believe that? Really?

So Notion thought, 'where can I buy a start up that turned over £1mln last year, made a loss, that is capitalised at less than £67mln, and needs money?'

The £66mln valuation discounts turnover of probably half that, so with vs showing increasing revenue, but going from peanuts to bigger peanuts, there is no way it is worth £66mln now.

That is where people are getting this share wrong.

Those who buy it, anyway.

imo

[belt n braces] 17/7/2018 13:44

I suspect Zaf has been told (probably by the placing people) to get out more and spread the good news?

Key point from this latest interview:

(1) Since LEG's original purchase, Virtualstock has risen in value by a multiple of 33 (£2m value to £ 66M). This is based on a historic, backward looking valuation. Since that valuation, Virtualstock's revenue has doubled.

Zaf was asked about timing any investment exits, and made the example that as far as Virtualstock is concerned you have to careful not to exit too early. Greater gains may be made by holding onto an investment asset rather than selling too early.

(2) Zaf also said the main reason for buying into any company is on the basis of the strength of management. No one can be an expert covering various different industries, especially to a technical level (I am sure Warren Buffet would agree).

I remember in my business career a top banker (area director) telling me that the bank lent to people not companies (he used to lend to me). So in my view, Zaf is correct in his approach.


So it is positive that Zaf is out spreading the good news, some day the market will wake up.

[belt n braces] 17/7/2018 13:43

I suspect Zaf has been told (probably by the placing people) to get out more and spread the good news?

Key point from this latest interview:

(1) Since LEG's original purchase, Virtualstock has risen in value by a multiple of 33 (£2m value to £ 66M). This is based on a historic, backward looking valuation. Since that valuation, Virtualstock's revenue has doubled.

Zaf was asked about timing any investment exits, and made the example that as far as Virtualstock is concerned you have to careful not to exit too early. Greater gains may be made by holding onto an investment asset rather than selling too early.

(2) Zaf also said the main reason for buying into any company is on the basis of the strength of management. No one can be an expert covering various different industries, especially to a technical level (I am sure Warren Buffet would agree).

I remember in my business career a top banker (area director) telling me that the bank lent to people not companies (he used to lend to me). So in my view, Zaf is correct in his approach.


So it is positive that Zaf is out spreading the good news, some day the market will wake up.

[carefreesid] 17/7/2018 12:39

Just watched the zaf's latest feeble attempt to get people to buy this junk.

A couple of thoughts.

1)he basically admitted he doesnt know much about the companies he invests in. He just goes for the management. His mates?

2)he compared the share price now to when it was similar a while back when the balance sheet was much lower. Nice try fella. The shares in existence have doubled since then.

3)if people invest here because of the quality of the management.....

[professor pettigrew] 17/7/2018 12:23

According to a recent #study, peak #holiday #retail season accounts for more than 30% of total yearly sales. So how do you avoid the threats to peak period success? For the #UK’s top #retailers partnering with #Virtualstock is the answer multichannelmerchant.co… @mcmerchant pic.twitter.com/hmDAHAZ…

[professor pettigrew] 17/7/2018 12:13

Many thanks livup - yet another interesting interview.

Eventually the penny will drop here.

[professor pettigrew] 17/7/2018 11:34

Many thanks livup - will take a look soon.

[livup967] 17/7/2018 11:04

WHEN MM LET THIS ONE GO 0.25P WILL BE GONE IN MINUTES ....IMHO DYOR

[livup967] 17/7/2018 10:57

morning p/p just to let you know

LEG HAS GOT A NEW VIDEO INTERVIEW JUST IN ... JENNY HAMMOND TALK TO ZAF...

ON ZAK TRADER ... 30 min ago



REGARDS.....

[1p party] 17/7/2018 10:25

sorry, didn't have my spectacles on.
Still languishing at 0.1p.
What a dog.

[1p party] 17/7/2018 10:24

Yes, 1p!!!!!!!!!!!!!!!!!!