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Going back to placing price
Very strong and long ...gla
We need to stop thinking Zaf can increase LEG's stake in VS. I posted this over on ADVFN yesterday to try and settle an argument. This is a cut & paste extract from the LEG Annual report & accounts 2014 -------------------------------------------------------------------------------------------------------------------- In June 2014, post balance sheet, Legendary exercised all of its derivative instruments in Virtualstock taking its equity holding in Virtualstock from 2.2% to 5.6%. -------------------------------------------------------------------------------------------------------------------- My interpretation of that is while it may be possible to buy VS shares, we have no more special deals on or under the table. With that in mind it raises 2 questions. 1) Who would sell their shares? 2) What would each share cost? Most of the owners have a direct link to VS (see my post 26/2/17) and they will have a far better idea of what the future holds for VS than anyone on BB's. As for cost.... £30 £40 £50 a share? With about £500,000 left in our kitty we could possibly get about 0.2% extra if we can find anyone daft enough to part with their shares I will be the first to hold my hand up if Im wrong, besides 7% IMHO is a good deal and Ive got no complaints with that. 🍉
Great find, yes certainly looks like a vs backed product...
App showing real time stock and can place orders? Must be linked to vs? Could be a 100 mil day on Monday, here's to predicting 20-30 % rise boom http://www.thisismoney.co.uk/money/article-4284032/John-Lewis-launch-4million-smartphone-app-track-staff.html
Must keep up the pressure and increase leg stake in vs. John Lewis is a serious retailer with a long term supply chain strategy now including the EDGE. Must now be alerting retail investors to jump in at very low valuations.
Can't see Share price staying down like this in the next few months. With John Lewis DEAL inked and maybe more coverage of vs surely a big player could get VS shares on the cheap by making a bid for legendary 0.70 gives vs valuation of £240,000,000 which is Beauforts target
Have to wait until Vs gets listed on the stockmarket. Then get in asap.When in wait 20 mins then sell this bag of sh@te. My reckoning is when big news comes the dilution factor will arrive. The boss has to be paid. £160,000+
What you find on vs. Our leader is only interested in his paypacket. Never keeps us informed.
I just came across this whilst trying to discover more about Virtualstocks activities etc. I get the impression this has been in place for some time now but I first came across a reference to this inter company collaboration in an article of the Jan/ Feb 2017 direct commerce magazine. The article gives the impression that this venture is only just in place now, yet this you tube link suggests an earlier date. To me it all seems to be significant and relevant to the expansion of the virtualstock Edge brand and related uses. I wondered if other posters on here know anything further please? Seedcorn. https://m.youtube.com/watch?v=1n9n3sTFrRw
Lazy can you get? Can't be bothered keeping us =shareholders up to date. £160,000+ a year and he couldn't give a daffy. Oh forgot he has his own bit of vs.
Thanks for your reply Soup, I knew the answer, I was trying to make the BB members, over on the ‘dark side’ get their calculators out and realise that, unless there is a private arrangement on price, we will have very little chance of getting any more shares in VS. My figures more or less agree with yours but thanks for your thoughts. For others, this is MY take on things. 1st figure = Value of VS 2nd = LEG share price based on this value. £ 50M - 0.125p £ 58M - 0.145p Nick Jenkins £100M - 0.249p £160M - 0.400p Last April's max £200M - 0.500p £401M - 1.000p Party time £1000M - 2.500p You're having a laugh or I'm off to buy a boat 🍉 Have a great weekend folks and while we shouldn't waste our time away.... Roll on Monday
my guess is 1 mil from profit from retail and 5 mil profit from shelford eventually lets see
Implied.Your figs look to be in tune with what we can glean from the financials to march 2016.Cheers.Have a good weekend.
Buys are mounting up...gla all roll on monday
Dibs you may not be a million miles off with that £0.5m per (larger) client. Zaf says this time last year we had 3 retail household names (which has now more than doubled).So taking 3 clients (discounting some tiddlers), revenues to 3/2016 were I believe £1.5m with net profit retention of £540k at a net margin of 36% (good).Divi that up between 3 larger clients and that`s £500k pa per contract realising a net profit per contract of £180k which will essentially become recurring revenues and sticky money. Not an exact science but gives us a bit more and this excludes NHS supplier payments.
Great input here all day, I actually learnt a couple of things haha! Amazing stuff. Blue day all round for me. Welcoming a weekend off now
If using these public prices (which I assume is a discounted or cheaper price to retail? thoughts for discussion?) John Lewis partnership 1 million orders a year 350 suppliers 350 * £240 supplier fee = £84,000 / annum 90,000 orders a month about £20,000 / month = £240,000 / annum so that is about £324,000 revenue per year to Virtualstock + 0.5% of all transaction fees???? For Waitrose must be large transactions taking place IMO
Procurement could it be the pretty much the same as retail? On-going fees Transaction fees – (transactions refers to the order life cycle) Minimum commitment of 10,000 orders per month First 10,000 orders per month £0.40p per transaction Nest 70,000 orders per month £0.20p per transaction Orders over 80,000 per month £0.10p per transaction SPECIALIST CLOUD SERVICES Government Departments; Set up Free of charge (assuming supplier can be charged) On going monthly fees Free of charge (assuming supplier can be charged) Supplier Fees; Set up (per supplier) £240 per annum (includes 1 price file) Additional fees + 0.5% of all transaction fees Additional price files & connections £240 per annum * (If there are no transactions from which to base our charges we will create a bespoke charging schedule)
Implied good spot, I have taken the liberty of posting the article and link, hope you don`t mind.Cheers. John Lewis upgrades supply and delivery systems Written by Anthony Strzalek 03/03/2017 John Lewis has selected a new platform from UK tech company Virtualstock, designed to further enhance the retailer’s Supplier Direct business. Virtualstock’s platform, The Edge, will manage more than one million orders per year across the retail giant’s 350 suppliers. The move is expected to ensure that customers get the same experience regardless of whether items are in stock or shipped directly from the suppliers’ warehouses. It is hoped that the platform will enable John Lewis to rapidly expand their supplier base and product range, while also streamlining their order management processes, thus increasing sales and savings. It will also allow customers to precisely track the status of their orders in real-time and for John Lewis to accurately coordinate inventory levels through a centralised system to avoid out of stock orders – a major source of customer dissatisfaction. Edward Osborne, head of customer delivery model at John Lewis, said: “Virtualstock has revolutionised supply and delivery systems and will unleash huge potential for John Lewis to gain further ground as a leading retailer.” “Our ability to offer precise order tracking and advanced inventory management demonstrates our commitment to continued innovation in delivering value to our customers.” Ed Bradley, founder of Virtualstock, added: “We are delighted to have John Lewis, one of the most prestigious brands in retail, as a client. We look forward to delivering digital transformation, improving the customer experience and helping John Lewis to remain at the forefront of the market.” http://www.retail-systems.com/rs/John_Lewis_Upgrades_Supply_Delivery_Systems.php
Clearly, once they're the established market leader they'll be looking to exploit thrum commercial advantage with sticky clients. Maybe they will allow advertising with premium spots on the site for example? Advertising seems to be a big winner for all those that have sought to exploit it.
You're right Dibs but therein lies the rub as they say - no-one seems to have any idea how much, even very roughly, VS would look to charge per transaction placed through their platform for John Lewis, Tesco, Argos or any of the other Contracts it has. The Edge is clearly proven to be the market leader as shown by the quality of it's Client List but exactly how much revenue does a decent Contract mean? Could be anywhere between 10's and 100's of thousands but without knowing the very rough rate per transaction, we cannot even make an educated guess. That's the downside to VS not being Listed in that we cannot ask the BoD for more info. Still, definitely a good company and, on volume alone, one has to assume that VS will make a decent return from all these Blue chip retailers as well as the huge NHS Contract. GLA
Waking up to what a huge deal this is for virtualstock
VS will get a mention in the weekend press. I don't think the word is fully out there yet. Genuine prospect of a UK Unicorn. There will be far bigger enterprise software players now aware of the threat VS poses to the supply chain software side of their business.
That sounds very encouraging since they def receive a sum (don't know how much) for each transaction that goes through the system. Let's suppose, hypothetically, it's 50p (it could be a %tage with a min figure) that would be £0.5m pa Not bad for one client....