Register
Login:
Share:
Email Facebook Twitter

Is the Bull Market over? Andre Minassian says no! Watch here

Is the Bull Market over? Andre Minassian says no!


Legendary Inv. Share Chat (LEG)



Share Price: 0.21Bid: 0.20Ask: 0.22Change: -0.015 (-6.67%)Faller - Legendary Inv.
Spread: 0.02Spread as %: 10.00%Open: 0.225High: 0.225Low: 0.21Yesterday’s Close: 0.225


Share Discussion for Legendary Inv.


Thread View

Please login or register to post a message on Share Chat.

Posts per page:


iWantThatOne
Posts: 86
Off Topic
Opinion:No Opinion
Price:0.225
RE: Amedeo Resources PLC
Sun 18:33
Hi Seedcorn, unfortunately we don't get much by way of updates except at full year results time. I guess to some extent it depends on the importance of the news and also the value of the investment - AMED has very little vslue for LEG. One I would like more of a regular update on is Bosques. LEG's approach is to only communicate "when something is worthy of communicating".
 
thekenner
Posts: 449
Off Topic
Opinion:No Opinion
Price:0.225
Dangerous time
Sun 10:33
This is a very dangerous time for LTH. The share has risen a little and I can see Zaf sneaking in a200. Million dilution. You see we need cash to Zaf 200,000 ceo bill. Hope I'm wrong.
thekenner
Posts: 449
Off Topic
Opinion:No Opinion
Price:0.225
Rns
Sat 22:41
You don't get Rns about this share. The ceo has no interest in keeping us the shareholders informed. He has got a intrest in his pay packet which is 160,000+ ayear and expenses of 40,000. So our only hope is vs to go on the market and hope you get the price you are looking for.
Seedcorn
Posts: 4
Off Topic
Opinion:No Opinion
Price:0.225
Amedeo Resources PLC
Sat 10:39
This is my first posting on the Legendary Investment (LEG) board. I have a holding and therefore an interest in what happens with this share, not least of course in relation to VS.

I believe that LEG still has a holding (5%) in Amedeo Resources Plc. (AMED). I am not sure if this is just in relation to the ship yard (rig construction) activity or all of AMED investments. I wondered if anyone can clarify this.

AMED is listed on AIM and as such produces RNS updates e.g. as shown on their site on 11th and 19th January 2017. One RNS relates to a loan and another to an investment in a copper resource. If LEG investment is in all AMED activities then I would have thought those RNS updates would be of relevance to LEG share holders but there has been no update to us. Comments anyone?
Regards, Seedcorn
AIM_Enthusiast
Posts: 11
Off Topic
Opinion:No Opinion
Price:0.225
VS Tweeted
Fri 18:08
iWantThatOne
Posts: 86
Off Topic
Opinion:No Opinion
Price:0.225
RE: LEG UP
Fri 13:04
Ok, it's good that there are diverse views on this subject. IPOs are very expensive, as is maintaining a full listing. I do think it'll happen at some point but for several years I'm expecting enough free cash flow to support continuing growth - including US expansion - unless there is some other plan like, for example, targeting the EU.
Waffles90
Posts: 17
Off Topic
Opinion:No Opinion
Price:0.225
RE: LEG UP
Fri 12:54
An VS IPO doesn't necessarily mean that the management would be selling out, it'd really just mean that they have shares which they can readily sell into an open market. A holding would be sacrificed buy issuing shares for the open market but they'd more than likely still be making a phenomenal return at IPO against the amount that they've put in
Thelix
Posts: 1,368
Off Topic
Opinion:No Opinion
Price:0.225
SP
Fri 12:24
Rising for better placement price.

Invested here over 9 months back now when it went from 0.1 to 0.4p. Same increase, raised funds.

VEO is funding his lifestyle by diluting your cash.

It had its day on AIM and everything is cyclical.

Good luck.
Dibs61
Posts: 10,143
Premium Chat Member
Answer
Opinion:No Opinion
Price:0.225
RE: LEG UP
Fri 11:01
Yes I can see it happening. There will be a need for capital to finance further expansion. Not sure there will be positive cash flow this year? Revenue growth yes but fcf? I see Rob Knott when asked about floating said not 'yet'. Note the word 'yet'.

They have huge ambitions for global growth and a particular eye on the US market. This will require funding beyond anything they can produce in the short term. It would also raise the company profile dramatically and I think they would like to see that happen. As I say this is a company with huge ambitions and small companies with huge ambitions need capital.
iWantThatOne
Posts: 86
Off Topic
Opinion:No Opinion
Price:0.225
RE: LEG UP
Fri 10:54
An IPO would be interesting Dibs but can you see it happening within the next few years? I can't see why - there'll be positive cash flow from this year to fund a certain amount of expansion, and why would the current owners sell out when VS is only near the start of its journey?




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.