Member Info for MikeF

QUINAN - 26 Nov'09 - 08:43 - 46 of 47 (premium) Morning all I have been trying to do some numbers sorry if it’s a little crude, any way here they are. So far LGNG have over £155mln worth of contracts spread over 2 years so around £77mln per year turnover. If we said a Gross Profit of around £10mln Exceptional costs of £404,738 recoverable £3m of savings per annum, now is this a saving of £3mln on the current turnover of £28mln?? Or do they anticipate £3mln savings on the turnover of £70+mln So if we said they could see a Net Profit of around £3.5mln on the turnover of £70+mln on a PE of say 10 which is not unreasonable would value LGNG at around £35mln or a SP of around 4.5p then take the assets into account Total assets £26mln a SP of around 7p If anyone wants to pick holes in this please do

QUINAN - 25 Nov'09 - 16:33 - 42 of 43 (premium) Well very spooky Mike just had a reply as well a little more info on the date Dear Mr Thank you for your email. I can confirm that the results are currently due by 31 December 2009 at the latest and will are planning to release these at lest 3 weeks if not 4 weeks before. Should you require any further information, then please do not hesitate to contact me. Kind regards Anne Tilbury

ted32 - 25 Nov'09 - 16:14 - 40 of 40 QUINAN...I am the last person in the world to give you advice on LGNG. I have been averaging down on the assumption that things can't get any worse; they have. However, with the arrival of the new CEO - who I think was quoted in The Times as saying the the old management treated the Co as a private club - I began buying more shares. What with the latest trading statement being very positive and General Mike Jackson becoming a Director - who would not subscribe to his name being on a letter heading with a lot of cowboys - I bought some more shares. I feel confident that LGNG will prosper. Is it internal growth or another large takeover, that is the question. My tip is the results to be published on the 10 Dec. COME ON LGNG!

73k Buy @ 2.04p... volumes building again... good to see... hopefully see that tick up again. GLA

hope the volumes continue to pick up the closer we get to results... GLA

Tick back down with no sells gone through??? lol

Up 6.2% with a 200k Buy @ 2.02p and a 50k Buy of 2.05p following... GLA

Need an RNS to confirm... fallen down quite alot again!

Cheers, let's hope the buying starts to pick up here early December in anticipation. GL

Poster on ADVFN has a hunch that the results will be out on the 10th December so you may have enough time to top up... i'm waiting on Neuropharm which will give me an update on 9th December lol Cutting in fine... GL

So it does, just looked myself... here's the link: http://quote.barchart.com/texpert.asp?sym=LGNG.LS

Online limits are now 2.05p to buy and 1.79p to sell...

145,032 @ an average of 2.05p... GLA

on the back of a 100k sell... good time to top up IMHO. Couldn't resist another top up myself of 32,918 @ 1.915p... very cheap IMO. GLA

General Sir Mike Jackson: http://investing.businessweek.com/research/stocks/people/relationship.asp?personId=33498687&ric=LGNG.L&previousCapId=9179365&previousTitle=Legion%20Group%20plc.

This is now my second largest investment after NPH... hoping that we manage to get out of NPH with a half decent price... the potential here is huge IMHO. Just hope the results aren't out before the NPH announcement as i want another top up when funds are released. GL and ATB

http://www.info4security.com/story.asp?storyCode=4121872&sectioncode=10

If it was going to happen short term i would have said a surge first thing this morning, otherwise we may need news or just to see it climb back up steadily which could be a couple of months (if the climate holds up) GL

morning, can see this getting back to 5.5p in time... volumes are alot lower than yesterday! GLA

GLA