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Here's your answer Super ⬇️ 🚽 Have to 😄 or I'd 😢 🍉
Spent it probably lol.
other than a new PC and fat pay cheque, what has he done with our million pound placing from 13 months ago ?
Ceo on aim. The million dollar question? How the ##### does he get away with it.
luckyjohn, Zaf won't do that because it would more than likely hit the LEG share price. There are two ways of valuing VS. Either by looking at how much someone is willing to pay for shares, or by how much the company makes. It can be measured by how much someone is willing to pay for its shares, as was the case when Nick Jenkins bought some which equated to about £9.15 per VS share, giving a MCAP of £58m This would make LEG's stake worth about £4m. So you would argue that they have struck deals since then, but the problem is nobody has bought any VS stock, so we don't know what people are willing to pay for it. The other way is to value a company based on its revenues, the last reported for VS were revenues of £1.35m. This equates to an EPS of about 21p. So if VS was valued at £9.15 per share this gives a p/e of 43. For Zaf to say that the VS shareprice is now higher he would have to either prove revenues had increased (as we hope they have) or he would have to justify a higher p/e ratio, which is extremely subjective. The risk is that the market looks at the figures and says that VS isn't worth £9.15 per share on current revenues.
I would like Zafer Karim in the next RNS to give us a price on how much Virtualstock is actually worth now, as i think this would boost our share price. I think we should just concentrate on Virtualstock, as the other investments don't mount up to much now. One trick pony which could be worth a fortune....
LEG's break even point for Amedeo is 26p. So not 100% down, as that would mean it had zero value.
from any of our holdings ? Lol that made me laugh. Another fantasist what holdings are they then ? other than VS we are in trouble don't you think ? the <1% stake in AMED (Down over 100% since purchase) no updates or news despite AMED results released. the £50,000 (5%) holding in MANNAS, which we have had no new on now for >6 months (what news are you hoping for on this 50k gold investment that followed our dump (at al loss) of SULA shares(gold investment) one month before they doubled (lol) or maybe you are hoping for some news on Bosques Energeticos (40%) stake, where shareholders have been told nothing for 2 years (yes that's no news for 2 years)
interesting auto-censoring of the last sentence of my post there, not seen that before.
TotalWealth (or PP the proven liar from advfn), the selling is purely down to warrants as you would know from your research. LEG isn't a take over target, anyone wanting VS stock would approach the company first as happened with Nick Jenkins. ps. Zac can announce news, just like he said ****hone Warehouse was one of the two household names.
has traditionally offered support. We have many buyers in the 0.2/0.25p region who have simply become impatient and are selling out. But, the whole company now is valued at under £5m which for someone predatory and interested in snapping up 7% of Virtualstock in one go, is a real bargain. Patience is still required here. Karim cannot announce news from any of our holdings until the news is there to be announced.
Of these ridiculous warrants has really screwed any chance we had of a rise here. Karim has taken all the value of his investments out of this firm before its even been created. What a trick....bled us dry beforr he earnt a penny
Link, courtesy of pet lover on ADVFN https://www.sbs.nhs.uk/media/9710/Were-Transforming/video/New_Edit_V2-MP4_Video_File.mp4?platform=hootsuite 🍉
Just had a quick flick through the old PF and noticed this,bought this 4 years ago next week and I am a tenner down,who says this investing lark isn't good fun .....zzzzz
Yeah i noticed that a day later......
luckyjohn, looks like you forgot the key bit of info in your quote.... that it refers to next summer! "NHS is expected to be rolled out to trusts by summer 2018"
Thank you for the heads up, after your signposting I read the article too luckyjohn. This is a very big project and takes a bit of time but there is no reason to think that it will not be in place before too long. Just a waiting game. It would be nice to find some news about some of the other Leg projects, small though they may be.
A new procurement platform which aims to bring millions of pounds worth of saving to the NHS is expected to be rolled out to trusts by summer (Amazon-style' procurement). Virtualstock.
Youve paid enough for the privilege and he hasnt done anything else worth noting. I wish he was zak mir
ROFL!
"Used to be invested here..." Then you'll know that Zafar Karim is the man at LEG and not Zak Mir.
Used to be invested here but im glad I sold out a while back. Zak Mir would appear to be only interested in himself and not his shareholder's. Truly pathetic.
Yes. Must have been to risky. Next question?
Although i hope to be back in work by then! I wasnt far from the agm in 2014 when i worked with AMEC and BP on. Old street then later london wall. I dont know if i want to hold untill september either !