Some nice positive posts on here. I can understand why people are getting nervous and also agree that an update is needed, I agree that the lack of communication with investors is pretty poor, as the reason LEG is trading is due to investors and their money. A few people have not been happy with the RNS however this was a legal requirement for companies house and investors to be informed. LEG have not physically moved it's simply an address change, probably the Accountants for any correspondence to be sent. I have a business and use my accountants address as my registered office (it costs nothing) As for VS they are indeed going in the right direction to be a very profitable business. Sit back and wait for news it will come and it should be worth the wait.
Well today I moved back into the red today... am I worried? No, because thats what happens with shares. I don't get why people try to contact the CEOs etc - I'd be very concerned if they had time to talk to individuals who are worried about their portfolio. Research the company then decide to invest (or not) and trust in your own decision. I've lost enough dosh in the past to get emotional about non-performers but in my opinion this seems as safe a bet as you get in AIM at the mo' - so have a little faith and a little patience and I think we will get our rewards in the coming months. GLA
One thing to note: it's Virtual stock which hold the interest in driving down costs via the NHS through its system the edge. We invest in leg - an investment company. LEG can only work as fast as its investments. Last month it cut a number of them which shows they are not just holding onto things for the sake of it.
I sent email and got same auto reply as well as have a few others on here.
I don't know why he did that RNS - maybe to remind us he is still alive. I've seen worse companies regarding news flow and I've seen better. However you are right regarding news and sentiment drives AIM.
However as MamaK says running a company takes time to get things sorted. These are penny stocks and no news can drift the SP down to previous levels. It's nothing new - look at the general flow of the AIM market at the moment - big rises by April followed by retracements.
No one is stopping you from leaving and you should follow your own understanding. I personally think that we won't be down here over the next few months but that's my understanding. I also would rather leg put out a constant news flow than bits here and there. We have a bunch at the moment but there is clearly something's to sort before the market is informed.
So Gove say he's going to put £100m a week into the nhs by 2020. Muah ha ha ha. This is the idiot who said he was going to improve education standards by allowing unqualified teachers into schools. He moved a grade to b grade and so on to improve standards!! He set up new gcse and a level curriculums. One started last September and the text books didn't arrive till October riddled with errors. The other starts in September this year and no text books available today. Huge cost to schools. Bloke is a complete liar and is complicit in undermining GB plc.
The plonker sent a change of address RNS for crying out loud ??! He could have easily thrown in a word or two on progress, knowing full well the market is anxious, having attempted a number of times to make contact. I would genuinely have no problem holding through a loss as is the case at SML, which incidentally also went through a placing. Listen to the CEOs interviews on VOX and youtube...this game is based entirely on sentiment. If Mr Karim does not have the simple professional courtesy to respond to an email, not even an (auto reply!), how on earth is he going to charm his way in to the NHS...And I'm afraid twitter doesn't quite do it.
I'm not going to deny news flow is poor and so reason between the lines has become the norm.
However news has to corne regarding this sooner or later. There is clearly progress with vs as their Twitter account shows( how much progress who knows but still progress we need to be updated on.
Manas and boskes need to be updated as well.
Also our placing done at .3 with the money raised needs to be explained.
I'm with you on the BoD, zaf hasn't been great. However their could be a whole lot of reasons why they haven't updated the markets.
If you choose to sell out that's your decision - however in such illiquid shares the market moves quickly. Technical trading is kind of a bit out of place here and I've looked at the chart. It's whether you think leg has more to go long term. I believe it does - hence why I'm not so active on this bb.
I'm willing to be patient on this one because at some point we need an update.
The RNS that stated that the placing money would be used to invest in other areas will need time to come to fruition. If he has lied then he has ruined his rep and that's the end of it. I don't think he would be that stupid as he has served on the board for other companies and has a decent reputation.
That's my opinion, if you have lost 50% then not great but you have to remember that your entry and position will affect how you see the stock. Cc won't care because his average is low. It's something to bear in mind. Would you still have the same outlook if you were not in loss. If I'm down and believe that the share price has room to move up il put it away for a bit.
I have 1 million potential customers, and all of them can save 2 million a year by using my platform. Am I a unicorn now ?? OK Then give me all your money. I wonder who is going to be the stooge that must tell the world the truth. ( no contracts, no cash, no nothing ... )
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