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Legendary Investments Plc - Resources Investor (LEG)     

Bob Heston - 18 Feb 2012 12:36



Legendary Investments makes investments with the potential for high capital appreciation over a relatively short period. In certain cases, investments may be made in the anticipation of receiving income. The focus is primarily on high growth companies, sectors and economies. The intention is to build, prudently yet rapidly, the capital of the Company.

Investments are structured using both equity and debt, as appropriate. When debt is used, it is expected to be limited to 100 percent of the gross asset value of the Company at the time of investment. Dependent on the nature and size of the investments, the Company may take an active or passive role in the investments. Typically, investments will be held for between one and three years, but may be held for shorter periods where appropriate.

The company have recently undergone a boardroom and management re-organisation and a re-focus of the business.The new directors have quickly moved legendary into the high profile world of natural resources taking a significant stake in a mexican bio-fuels business and two pre IPO investments in an Oil&Gas company and a Gold / Precious Metals miner. There is also a significant stake in a technology / games developer to add further excitement to the mix. Legendary also raised £600.000 from a recent placing and are in a position to add further investments or bolster existing portfolio investments and could well be one to watch in 2012.

INVESTMENT PORTFOLIO *

The current portfolio reflects the Directors’ relative expertise and business model. A 15.4% stake (plus option to increase up to 40%) is held in Bosques Energeticos, a Mexican biofuels company, whose intended principal cash crop is Pongamia Pinnata, widely considered a premier feedstock in the production of biodiesel.

The company have also made investments in two natural resources companies on a ‘pre-IPO’ basis, these companies are Terra Energy and MedGold Resources,These two companies are expected to list on the Aim market during 2012. Terra energy is a company seeking to develop unconventional oil&gas opportunities and Medgold Resources is a company intending to mine Gold and Precious Metals.

Legendary also owns 40.5% of Undrawn Reality, a recently-formed computer games developer, whose first game, “The Spire”, has achieved the first claw-back milestone for its management, being a ‘publisher demo’, opening the door for discussions with international sponsors and producers.

DIRECTORS AND MANAGEMENT *

Zafarullah (Zafar) Karim, 42, brings over two decades of investment banking and financial experience, including turning around companies, restructurings, financial strategy and investment and risk management to the Company. Zafar has served as a Board member for several companies and has acted as a consultant to various businesses and entrepreneurs in relation to their financial and investment strategies. Zafar is also a principal investor. From 1994 to 2002, Zafar worked for NM Rothschild in London, Warsaw, Prague and Johannesburg. Here he garnered wide-ranging experience in a range of sectors, geographies and products. He started his career in 1990 with the investment banking division of Salomon Brothers. Zafar is the driving force behind the turnaround and rebuilding of Legendary Investments. Zafar was educated at Churchill College, Cambridge.

Rajesh (Raj) Kumar Rai, 44, is an entrepreneurial renewable energy specialist. Raj founded and has been a director of a number of businesses including a company specialising in the transfer worldwide of know-how developed by large scale plantation companies in India. He was also a founder director of Human Energy (Uganda) Ltd which has developed nursery plantation operations in Uganda. Raj has a deep understanding of bio fuels and overcoming the inherent issues in developing large scale plantations. In 2009, he founded Earth Bio Energy Ltd which promotes ethical bio fuel production and provides assistance in developing bio energy producing plantations. Raj started his professional life as a Barrister called in 1993 to Lincoln's Inn.

Thomas (Tom) Reuner, 46 is an experienced strategy consultant. His deep understanding of the dynamics of the IT and telecommunications sectors comes from senior positions with IDC in Germany and with Gartner, NelsonHall and KPMG Consulting in the United Kingdom. Tom's expertise lies in investment research, evaluating and formulating business and IT strategy and analysing technology adoption.Thomas has a PhD from the University of Göttingen in Germany.


Significant Shareholdings



Ronald Bruce Rowan - 23.4 %



Trustees in the Bankruptcy of Eaitisham Ahmed - 23.4 %



Barclayshare Nominees Limited - 5.1 %



TD Waterhouse (Europe) Nominees Limited - 3.8 %



Credit Agricole Cheuvreux International Limited - 3.3 %

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Recent Article on Stockopedia used for info on this thread ( see link )


http://www.stockopedia.co.uk/content/legendary-investments-plc-natural-resources-focused-investor-64100/

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Chart.aspx?Provider=EODIntra&Code=LEG&Si

kimoldfield - 21 Jul 2017 12:23 - 12 of 12

Bought a small chunk of these today, I like the connection with Notion Capital. Long term hold.
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