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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: 0.195Bid: 0.19Ask: 0.20Change: -0.015 (-7.14%)Faller - Legendary Inv.
Spread: 0.01Spread as %: 5.26%Open: 0.21High: 0.21Low: 0.195Yesterday’s Close: 0.21


Share Discussion for Legendary Inv.


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InvestOccassion
Posts: 9
Off Topic
Opinion:No Opinion
Price:0.195
RE: InvestOccassion
Today 13:22
No one here is an investor in VS. They owe us nothing and will issue news when it suits them.
 
JFK8
Posts: 562
Off Topic
Opinion:No Opinion
Price:0.195
MM'S
Today 12:19
basically a bunch of ****s
Seedcorn
Posts: 6
Observation
Opinion:No Opinion
Price:0.195
RE: Amedeo Resources PLC
Today 11:38
Thank you for your comments guys. I found it difficult to access the LEG website prior to my first post, but have done so since. I am rather surprised at the lack of information on investments other than the core VS one where the expectation and potential for growth is clearer.

LEG policy is to invest in companies having the potential for multiple growth with the LEG management expertise actively brought to bear for the benefit of the companies subject of investment. It will be hard to find those "needles in the haystack" and I guess it takes a while for the growth to gather a bit of momentum.

LEG investment was made into AMED in 2013 (not sure quite when) and on looking at share price movements the AMED share price appears to have struggled since then. (Perhaps as the climate for their investment activities turned down?)

More recently AMED share price seems to be picking up. I hope it will continue to do so to support the overall value of the LEG investment. Our CEO is invested in LEG, VS and AMED and thus I would expect has a vested interest for them to all do well. However, with limited information available for the whole portfolio, I feel that my investment is mainly hanging on the VS involvement. Fortunately the possibilities for VS seem (from the comments I have read here and elsewhere) to be rather good in the long term. I intend to stick with this share as long as the VS potential remains. Regards, Seedcorn.
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: 455
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: 455
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: 6
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: 18
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




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