Clear Leisure Share Discussion Threads

[brando69] 13/2/2017 14:40

mms want nowt

[maxmarilli] 13/2/2017 14:23

Soon the market will wake up ,by then we should be above 2p and will move up....

[rkbeekeeper] 13/2/2017 14:21

As the interest rate on the Euro Bonds has now been reduced to only 1% from 7% (RNS 3/01/17) this is a saving in 2017 of Euro 414,000.

I do not know if this will be recorded in the 2016 or 2017 accounts but it will be recorded as another entry in the Profit & Loss section of the accounts.

Whatever way you look at this there is going to be more ‘Profits’; recorded and taking all the savings from 2016 and 2017 together this is £1,198,075.

Our Market Capitalisation is what? £2 million.

RKB

[rkbeekeeper] 13/2/2017 14:19

Will 2016 Accounts show Profit?

In 2016 the Professor has managed to save us some serious money which I believe has to be recorded in the Profit and Loss section of the 2016 accounts.

On Eufingest’s loans from 4/10/13 & 15/12/14 the interest rate was reduced from 7.5% to 2.5% for the 1st loan and from 9% to 2.5% on the 2nd loan this saves during 2016 Euro 10K and Euro 13K.

Then for Eufingest’s Euro 3 million Zero Coupon Bonds which was reduced on 31/12/15 from 9.5% to 7% this results in a saving of Euro 75K.

So on my calculation in 2016 BOD have to record a ’profit’ just on the Eufingest Loans and Bonds of Euro 98K.
Then for the other Bond Holders there is also a saving / profit of Euro 97,500 which now comes to Euro 195,500 but it does not end there.

From the RNS issued on 23/09/16 where the Professor bought back Bank debt of one of our subsidiaries at an improvement of about Euro 800K this also has to be recorded as a ‘profit’

In total we have Euro 995,500 that come straight to the Profit and Loss account and as we are going to publish our results in GBP then our ‘Profit’ on the above is about £846,175.

RKB

[brando69] 13/2/2017 13:33

looking good

[maxmarilli] 13/2/2017 13:31

Beware of tricks from mms....The 2 "big"trades are a roll over on the lower side.They are 16 seconds apart ,as they are when a roll and done to stimulate sellers....usually news are around when they let you do it on lower side as they want shares themselves....

[brando69] 08/2/2017 17:35

"this will just grind on and on like a badly dressed Naples hooker"

Careful, that's the kind of talk that will get Philip and some of his pals buying more

[longshanks] 07/2/2017 20:28

I can't see any reason for optimism.Whilst they have been able to reduce their debt mountain quite significantly (and that is a positive), it is just a reduction in debt and not an increase in distributable reserves.They may or may not sell assets - but I venture that the skill set required to achieve such a goal is not something that rings out from Prof Gardin's CV.Indeed - I reckon this will just grind on and on like a badly dressed Naples hooker for years and years past it's retirement.

[maxmarilli] 07/2/2017 14:11

get some RKB....

[mrphiljones] 07/2/2017 14:08

Halifax offer .79....

[maxmarilli] 07/2/2017 13:50

is ask @0.8p,RKB?

[rkbeekeeper] 07/2/2017 13:43

I tried to buy them but MM want 0.84 so 13% spread too greedy

RKB

PS he must have bought another 200k to be able to sell All

[maxmarilli] 07/2/2017 13:19

has Brando left?1.2 mill sells...

[dice1950] 07/2/2017 11:40

its coming just waiting on that rns

[rkbeekeeper] 07/2/2017 11:36

It has only been 44 days since Christmas and it is 44 days before the Warrants expire so you will get your update when the Professor feels it is appropriate.

RKB

[dice1950] 07/2/2017 11:35

as always your bang on RKB

[fire2480] 07/2/2017 11:29

About time they gave investors a strategic update imo . News flow very poor

[rkbeekeeper] 07/2/2017 11:27

Did you notice?

When our BOD issue an RNS they always include a footer note which normally says something to the effect of and I quote “pursuing a dynamic strategy to create a comprehensive portfolio of companies etc etc”

Then finally when the RNS that was issued on 3rd Feb 2017 regarding our saviour and major benefactor ‘Eufingest S.A.’ the footer changes to what I believe we all want to see.

Clear Leisure plc is an AIM listed investment company with a portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy. The focus of management is to pursue the monetisation of all of the Company’s existing assets, through selected realisations, court-led recoveries of misappropriated assets and substantial debt-recovery processes. For further information, please visit, www.clearleisure.com

Now at long last Professor Gardin and Reginald Eccles are clearing documenting our companies strategy which as the Professor has said from the day he joined in July 2015 that and I quote “The new Board, as a priority, will assess the realisation value of the Company’s assets and report back to shareholders as soon as practical.”

RKB

[rkbeekeeper] 07/2/2017 11:26

Did you notice?

When our BOD issue an RNS they always include a footer note which normally says something to the effect of and I quote “pursuing a dynamic strategy to create a comprehensive portfolio of companies etc etc”

Then finally when the RNS that was issued on 3rd Feb 2017 regarding our saviour and major benefactor ‘Eufingest S.A.’ the footer changes to what I believe we all want to see.

Clear Leisure plc is an AIM listed investment company with a portfolio of companies primarily encompassing the leisure and real estate sectors mainly in Italy. The focus of management is to pursue the monetisation of all of the Company’s existing assets, through selected realisations, court-led recoveries of misappropriated assets and substantial debt-recovery processes. For further information, please visit, www.clearleisure.com

Now at long last Professor Gardin and Reginald Eccles are clearing documenting our companies strategy which as the Professor has said from the day he joined in July 2015 that and I quote “The new Board, as a priority, will assess the realisation value of the Company’s assets and report back to shareholders as soon as practical.”

RKB

[sheep_herder] 06/2/2017 16:44

Stop dreaming max. The market will pick up when they sell the bloody things.

[maxmarilli] 06/2/2017 16:37

5 villas = 5 mill euros approx value(1.5p just the villas).These are assets but not considered by the market ...SIPIEM 50%?Mediapolis land`s value?1,3 mill euros blocked in a bank,in case of development of mediapoils?Legal cases?Geosim?and few others?Tax rebates?Only worth 0.85p?soon or later market will pick it up.

[brando69] 06/2/2017 16:30

Is this him?

[rkbeekeeper] 06/2/2017 16:21

Just to be clear.

BOD were informed 9 days ago about the Book-keeping error and it is only today that they inform us that it was a book-keeping error.

RKB

PS Brando he does not sound Italian your Professor

[rkbeekeeper] 06/2/2017 16:20

Just to be clear.

BOD were informed 9 days ago about the Book-keeping error and it is only today that they inform us that it was a book-keeping error.

RKB

[dice1950] 06/2/2017 16:17

Well done RKB