We would love to hear your thoughts about our site and services, please take our survey here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
If it wasn't for VS, Zaf is ssshhit at investing.....more close to running a lifestyle company than an AIM investment company. Zero trust in him, would rate him among the top dogs of dogs aim directors.
Regarding the reporting, corporate governance would remain sshhit here till Zaf is at the helm...
Rizzs looks like it deals in property, but obviously meant to be secret, and has been around a log time. How they got involved here I can't imagine. I note the other holder is T&J Capital Ltd. Now I'm sure that's meant to be T&J Capital Group Ltd because their owners are the same as Soarx. So they actually supplied a lot of the cash that got invested in their own company!
Not happy about the later reporting here - the placing was December for goodness sake and us poor holders didn't know who had 23% of the company until 3 months later!
The various NHS trusts represent a big market for VS to explore. Whoever this 24% tr1 holders are, they have made some opportunistic investment here.
just VS stake would eventually become 4-8 times the current market cap. Net book value of VS increased five times between 2017 and 2018. Would be interesting to see their result for YE Mar 19.
NHS must make £700 million back office savings over the next five years. Digital technology is critical to improving operational efficiency and core transactional services, which are just as fundamental improving quality of patient care and services as implementing the latest AI diagnostics. - James Thirkill, Vice President and General Manager, Healthcare and Public Sector, Virtualstock
Found out Rizzs investcorp ltd is registered in the Bahamas with 2 peaple. No other information
Will those who know more than I do about what is this likely to mean
Please tell me. Why have an offshore investor.
Who is this new shareholder they hold 24% plus share.
Can not find any thing about them. Can anybody help.
Virtualstock in The Times on supply chain, company still looking very good.
Nice to see a rise but my word it has got to go some to get back to where it needs to be to get level
Two news clients just announced Nisbets and Whirlpool uk
With a Bid of 7.00 and an Ask of 8.00 any dealing 7.49 and under will show up as a Sell, equally a dealing at 7.51 will appear as a buy.
If someone deals at 7.50 it could be either.
Simples! But very misleading.
Just bought 2000 first thing this morning but it is showing as a sale. Is the 4000 shown as a sale also
Should be a buy. Bit receiving it is.
It will be interesting to see what the valuation will be in the next set of accccounts as far as VS is concerned. The policy is to do a back valuation being on the value put on any unquoted company based on the price of the last fund raise. Will we see a loss next time?
Asymmetric if you ask me. Zaf gets handsome salary, shareholders get negative return.
1.22 million.
Not very exciting. Zaf will soon take this off from AIM to private. He has been doing extremely since his founding of Legendary investment. He has been rewarding himself generously in the expense of the shareholders.
The only investment surviving is Virtual Stock where he is not a paid member on the board. All other investments he got on to their board pay themselves handsomely and run them down.
1.22 million.
Not very exciting. Zaf will soon take this off from AIM to private. He has been doing extremely since his founding of Legendary investment. He has been rewarding himself generously in the expense of the shareholders.
The only investment surviving is Virtual Stock where he is not a paid member on the board. All other investments he got on to their board pay themselves handsomely and run them down.
Zaf is smart. Gets PIs to invest in 8P then invests that cash into investments such as AMED and NZ businesses, gets onto the BOD and then draws a fat salary. A man to avoid IMO
Looks like the market now getting to understand Zaf. One makes to wonder who paid the 10p for those diluted shares only a month ago only to wasted most of it on Soarx limited.
It would be interesting to know how he came at the valuation of £450k for a company that has recently been incorporated, and when there are more experienced players that offer the same cycbersecurity capability of automated cyber security like Soarx limited. This smells like the fishy investment in financial company incorporated in NZ that never traded but he invested at a valuation of $10m+.
Potential investors, pls don't waste your time here. There's a long way to gain from liquidity events from the investment portfolio before that there's a series of dilution at much higher rate waiting to happen through future placements.....
£125k for a company that has only recently been incorporated hand has not yet traded.....enough said.
Would go 5p and under as after recent purchases including this one would empty 8pg's cash in hand.....next raise would be for 5p and under at this rate......so much for Zaf's ASSymetrical investment opportunities.
Without regular dividend/interests from investments or capital appreciation through divestment, I do not see how they would not be needing money in next 3-6 months, the future placements would be at much higher discount then current price....Happy to be wrong here, but just don't see that happening here based on past history.....
Nice investment :)
Towards pre consolidation level. Asymmetric investing hey Zaf..
Around17m. Do you think so? Few months before the VS was worth around 70. Imvestment firm invested on that ratio. Has Zafar Karim sold the Vs share at £2.50 if yes then 17m is about right. I don’t think he sold any. Money has been loaned out by Vs at valuation of £2.50 a vs share 10% annual interest. 17 m Vs valuation would Not only cause distastor to 8pg but also collapse of VS by now.
I would rather be more cautious and wait for other updates from 8pg then sellng right away before .
Vs valuation of £2.50 a share has never been mentioned.
Gd luck all.
Made a loss of nearly £3m....