Clear Leisure Share Discussion Threads

[mrphiljones] 30/9/2016 08:17

LOL....Wood and trees spring to mind....;_))

[scotty666] 30/9/2016 07:54

Agreed Phil otherwise why buy back the debt now.

[maxmarilli] 30/9/2016 07:53

it should strength the share price ....totally a different company from last year..

[babbler] 30/9/2016 07:50

Value.. Perhaps insider information prohibits him buying with everything that's going on....?

[petersmith6] 30/9/2016 07:44

Simple tactics. . Control the number of shares in issue so you don't have to make a bid...the wait for the settlement. 29 ish % of 35 million (reality factor ) isn't a bad pay day.

[scotty666] 30/9/2016 07:43

Value hound he gets paid a % of any net recovery.

[mrphiljones] 30/9/2016 07:37

On 29 September, the Company and Eufingest agreed to reschedule the payment of
all Convertible Loans Notes to a later date, to be negotiated by the parties,
before 31 March 2017

Giant steps made in the day to day running of this company well done BOD,did I really just say that about an AIM company......I firmly believe the buy back of the debt is because one of the Italian assets is about to be sold.......Happy to hold...;-)

[value hound] 30/9/2016 07:32

If there are legal claims amounting to £45.5m not included on the balance sheet and they're "committed to achieving significant cash return to shareholders" and the mkt cap is £2.5m - why hasn't the Chairman-CEO bought shares in any significant quantity?

Nevertheless, it has to be worth three times where it is now even as a speculative punt? share price seems to make no sense whatsoever.

[sheep_herder] 30/9/2016 07:24

Ok, so repayment to Eufingest had been delayed so business as usual. I.E. sit back and relax.

[brando69] 29/9/2016 21:52

all will become clear... probably at around 13h20 tomorrow

[theclangers] 29/9/2016 20:39

Was wondering if long dated options/warrants could be given to Eufingest, instead of shares, as a way around the 29.9% takeover rule.

[mrphiljones] 29/9/2016 16:45

Good point SH....

[sheep_herder] 29/9/2016 16:23

Note that Eufingest's holding now only represents 27.6% of the issued shares.

[maxmarilli] 29/9/2016 15:50

the 15th due was paid in shares and that is why eufingest is at 29.9%....it`s important to know what is happening with bigger part expiring tomorrow....if a disposal comes in and pay it,or in part,it will send a clear message to market and will inpire strong trust again...imo

[scotty666] 29/9/2016 15:46

Thanks max, I had not picked up the second facility for 100k. That said I thought they already cleared 165k of the 200k facility due? As you say all will be clearer tomorrow.

[maxmarilli] 29/9/2016 15:40

All will be clearer,tomorrow.

[maxmarilli] 29/9/2016 15:40

double post,sorry

[maxmarilli] 29/9/2016 15:39

Eufingest, as the largest shareholder, remains fully supportive of the Board's
efforts to realise value from its investments. As previously reported in a
Trading Update dated 30 March 2016, a facility of GBP200,000, also provided by
Eufingest, was drawn down on 15 March 2016 and is repayable no later than 15
September 2016. A second facility for GBP100,000, also provided by Eufingest, was
drawn down on 5 May 2016 and is repayable no later than 30 September 2016. To date, Eufingest has provided a total of five convertible loans. The amounts
to be repaid between 15 September and 31 December 2016, including interest, are
EUR 516,874.38 and GBP303,500.

[brando69] 29/9/2016 15:26

It's okay, I've already told her Peter. I was helping her scrub down the poop deck

[brando69] 29/9/2016 15:21

600k euros? are you sure?

[maxmarilli] 29/9/2016 15:20

Eufingest already at 29.9%,so I'm told so can not convert unless takeover.....£35k was due on 16th sept and 600k euros on 30th sept.....check previous rns in spring this year....be here at opening....I`m 5 hrs behind so may appear later on...

[scotty666] 29/9/2016 15:12

For the sake of 35k I am not sure what the excitement is about?

[brando69] 29/9/2016 15:10

... though i guess that depends on the price put on the shares.