Clear Leisure Share Discussion Threads

[rkbeekeeper] 03/1/2017 07:29

So with the Interest saved over the next two years as a result of the Bond Holders agreement and with the saving of £690K from the debt buy-back in September that is a total saving of £1,361,000 or 59.48% of our Market Capt of our company.

RNS of 23/09/16 said

Debt buy-back
Clear Leisure (AIM: CLR), the leisure and property focused investment company, is pleased to announce it has entered into a binding agreement with an Italian bank to buy back €1.3 million of debt of one is its subsidiaries at a 76% discount. A consideration schedule has been agreed with the bank.
This represents a pro-rata improvement of approximately €800,000 (GBP 690,000) in the Company’s consolidated balance sheet, or circa 0.24p per share.

RKB

[jungmana] 03/1/2017 07:07

Good news. Exciting q1 ahead

[rkbeekeeper] 03/1/2017 07:05

Bond Holders meeting result as expected the Company will achieve an interest saving of EUR 792,000 (£671,000).

RKB

[rkbeekeeper] 03/1/2017 05:40

Just to make you aware

Taken from the most recent Annual Accounts: ‘Available for sale investments’ then transferred to ‘Trade and other receivables’ value Euro 6,500,000.

And what is this Asset?

Sipiem SPA which owns the waterpark ‘Ondland’; see

hxxp://www.clearleisure.com/ondaland/

and if you look at our Web-Site it says

“The Company remains confident that its holding in Sipiem will become a significant realisable asset. Clear Leisure owns the 50,17% of Sipiem”

[rkbeekeeper] 03/1/2017 05:39

Warrants and Share Options

On the 31st July 2015 The Professor was awarded options over 10 million shares at an exercise price of 1.25p and Reginald Eccles (Independent Director) was awarded options over 3 million shares at the same price.

On the 14th September 2016 22,222,222 Warrants were issued at an exercise price of 1.5p which can be excised up until 21st March 2017 (78 days from today)

[rkbeekeeper] 03/1/2017 05:39

Happy Birthday Professor

Forgot to wish Professor Gardin a happy birthday as he celebrated his 62nd birthday in December.

[dice1950] 30/12/2016 11:49

All buys 0.817p and above

[dice1950] 30/12/2016 10:27

lear Leisure PLC (LON:CLP) pursuing legal claims amounting to £45.5mln which hasn’t been included on the balance sheet yet.
The Company continues to pursue legal claims, amounting to some EUR 55 million (£45.5 million); the value of these claims is not included on the Company’s balance sheet.
Portfolio Companies An update on the Group’s portfolio companies on 30 June 2016 is as follows (percentage of equity held): Mediapolis srl (84.04%): owns the land in north-west Italy designated for the purpose of a theme park, with additional guest facilities, shops and offices, as well as 10 holiday villas in the Porto Cervo area, the most exclusive holiday location in Sardinia. The Company continues to pursue its EUR 39.65 million claim against the regional government of Piedmont for failing to honour a commitment to approve the construction of the park. As the result of a detailed professional valuation, completed in June 2016 the gross carrying value of the development land in the Clear Leisure accounts has been adjusted to EUR 13 million and that of the villas, to EUR 5.1 million.

[dice1950] 30/12/2016 10:25

Yes not forgetting the £45m of assets not in the shareprice

[rkbeekeeper] 30/12/2016 10:15

So we are sitting at a Market Cap of £2,288,345 (share price .8p)
and the Bond Holders meeting that is currently taking place is going to save us £335,000 a year for two years! this is 14.64% of our Market Cap so have to conclude Market Makers are not number crunching the correct figures.

[dice1950] 30/12/2016 10:03

YES no1 coming dude

[rkbeekeeper] 30/12/2016 09:58

Just seen Clear Leisure are on the LSE Risers Board (5th) but that will change soon!

RKB

[rkbeekeeper] 30/12/2016 09:51

Refreshments delivered

Was that coffee and light refreshments that was just delivered to 22 Great James St London (The Bond Holders Meeting Place)?

If so then the Market Makers should wake-up and smell the coffee


Dice I cant keep up with your posting, I need to go this now and get a cup of coffee with Eufingest!

[dice1950] 30/12/2016 09:47

YES RKB and the journey begins

[rkbeekeeper] 30/12/2016 09:43

I will be pleased when we are at 8p and then 14p would be my next target.

When we have begun the divestment of our non-core assets then we will be cash positive and showing profits and it is at this critical stage that we become a prime target for a reverse takeover. It is not maybe it is going to happen and all LTH will have their rewards.

[dice1950] 30/12/2016 09:36

Top man RKB Soon this will be a very popular bb and stock 2017 the year we see the real value 25p-40p

[rkbeekeeper] 30/12/2016 09:32

Clear Leisure Web-Site

For investors who are not aware our Web-Site

hxxp://www.clearleisure.com

Now for Private Investors who are not aware of some changes to our ‘Major Shareholders’ I will give you a short resume.

Under AIM Rule 26 all companies have to keep an accurate list of all major shareholders. CLP had updated their Web-Site on 30th June 2016 and then again on 30th November 2016. Then very unusually for CLP it was updated once more on 15th December 2016. The changes between 30th Nov and 15th Dec were not major. Eufingest still hold 27.52% and Luke Johnson still has 8.74% and HSDL Nominees Ltd no longer have more than 3% (they had 3.32%)

Why is this all relevant? Well our largest shareholder, Eufingest, is the one who is funding our company; Luke Johnson is a very wise businessman and entrepreneur and it is on our Web-Site that you will at some point see we have disposed of one or more of our non-core assets.

DYR RKB

[dice1950] 30/12/2016 09:26

RKB no brainer here and there are no sellers 1 mm left under 0.9 and 1p will go very quickly,limited available stock

[rkbeekeeper] 30/12/2016 09:13

Buys showing as Sells

As so often when our share price takes off the MM begin to play their games.

If you want a small profit then take it if that is your investment strategy but don't be fooled with the MM and be forced to buy or sell because you think others are doing.

Today alone is worth a saving in interest to our company of £335,000 a year when as I have said on numerous occasions recently that the Bond Holders will agree to this reduction from 7% to 1% and Eufingest have already agreed to this reduction and their are insufficient other Bond Holders to disagree.

RKB

[johndee] 30/12/2016 09:06

I am just waiting for the seller to show up again or a delayed large sell before celebrating a rise. Can buy large amounts at 0.825.

[dice1950] 30/12/2016 08:56

2 MMS on 1p already went 2v1

[rusty9717] 30/12/2016 08:43

Final top up. .8 paid.
Cheap as chips in my humble

[temmujin] 30/12/2016 08:42

news leaked!!