We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Leisureplay | LPY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | - |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| Top Posts |
|---|
Posted at 13/7/2004 11:08 by merrickman James even Professional & institutional investors would happily sell shares the next day for 500% profit. If this company is now so attractive then give exisiting shareholders options to buy 1 for 5 holding at 12p (25% discount to market) that would raise 20 million at 12p - £2.4 million. As opposed to diluting shareholders assets by issuing 80 million shares at 3p in addition to the existing 100 mill in issue.so 80% dilution and price rises 500% |
Posted at 13/7/2004 10:52 by james 2 Merrickman, to be honest I am surprised the price just keeps rising and as said before & took out my initial stake when the RNS came out for peter Gyllenhammer's sale.However the new 3p buyers you speak of are being picked up by Professional & institutional investors who will have a vested interest in the price rising further imo see extract below : The 80 million new ordinary shares of 1p each to be issued will be subscribed for by a number of professional and institutional investors who, together with the Board, will facilitate, support and identify specialised financial activities which are expected to contribute significantly to the restoration and growth of shareholder value. The lead investor will be Mr. Terry Ramsden, who has significant expertise and experience in global financial markets Also the 80 million has been known about and the price still keeps rising, big buyers are still picking up 2 million at a time at these levels. Where will it stop I don't know but can only assume that those buying 2 million at a time know alot more about the direction of the soon to be named caplay than I do, and to this end I am happy to hold the remainder of my stock until news from the EGM. rgds j2 |
Posted at 12/7/2004 13:11 by merrickman The Company's short-term loan to Chartcity, and the provision for, and cost of,defending the claim by the former Chief Executive, has led to a reduction in its liquid cash resources. Clearly the disposal of the Chartcity portfolio, and any degree of success in the forthcoming Court hearing, will see your Company's cash resources largely reinstated. However, under the circumstances, your Board has thought it prudent to augment its capital resources by seeking investment from third parties. Your Board is proposing, subject to shareholder approval of the resolutions contained in the notice of EGM attached to this letter, to raise a total of ? 2.4 million from new investors by the issue of 80 million new ordinary shares at a price of 3p per ordinary share. |
Posted at 12/7/2004 08:33 by gismo Just in from Watshot:Leisureplay (LPY) * - I must say that I have really enjoyed the significant price rise in this company's shares since I put out my Hot Tip to buy them at 4p on 30th June. The petty sniping from small minded plonkers on the bulletin boards questioned why I should be following a stock connected with a man with Terry Ramsden's reputation - that it has risen 375% to 15p within eight trading days provides the answer. You do not have to like Terry Ramsden or applaud his previous endeavours to realise that the man is a 'mover'. He has a street sense on how to play these markets and gain advantage for himself, and his shareholders, as he puts into action his plans for his new vehicle, which incidentally is his first such foray with a quoted company for some seventeen years. His ambitious targets need to have such a quoted vehicle as the base and that is what Leisureplay is going to be, it will be renamed Caplay before the end of July. Last week I watched with total fascination the way the shares just carried on rising in price day in, day out. I also laughed when I saw another tipster telling his readers last Friday evening to follow what Gyllenhamar did with his 12 million shares, namely selling out. I laughed because his example would be a poor exercise, he sold out at 4p so how clever was he? I understand that there is an ongoing demand for the shares from American and Canadian investors, and it looks to be unsatisfied. In fact as it gets higher it seems to be attracting even more interest from over the pond. Do not get me wrong here - this stock is strictly for gamblers. It is highly speculative and most definitely not for widows, orphans or those with a weak disposition. Even so I must admit to some real fascination with this situation - the shares could fall back on profit-taking. I actually think that such risks are reducing, because long term holders, of what was the old Murray Financial Corporation, have probably blessed the heavens above that they at long last had an opportunity to get out of the stock and have done so. Equally those who bought in early on and have needed to establish their profits have probably done so. That leaves some of the recent buyers, the short term traders, as sellers - but I would imagine that their selling will be more than matched by overseas buyers coming for the stock. Terry Ramsden is a man to watch - I believe that he will be quiet until after the EGM on 26th July, which will then vote through the name change and the issuing of more equity to increase the cash coffers of the Company before stage two of his plan kicks in. That is why I think these shares could go a great deal higher before the EGM. So Hold very tight, if you can afford to do so. |
Posted at 06/7/2004 20:18 by guru11 I have been told by a well informed investor that LPY is to offer more shares to the Institutions at 3p, I believe the number was 80 million, later on. At a price of 12p today surely this will dilute the current share price. LPY is extremely weak on fundamentals, expecting a lot of jam tomorrow, and this is an understatement.There was at least one sell today of one million shares. So where from here? My well informed investor is hanging rightly or wrongly in for the ride, but then he is in an extremely strong financial position to take the risk. |
Posted at 06/7/2004 17:51 by leewink7 Seems its good news to me, I reckon there could be more like this to, especially with the buying seen on here to date, investors are happy. ( note the date, its the 2nd, what about to date now not issued yet ? )All shows interest on a good scale to me, this 20p tip doesn't seem unreasonable to me at all now. |
Posted at 06/7/2004 16:27 by leewink7 check that, investors are buying in again !!! |
Posted at 06/7/2004 15:48 by gunnergonk plj> if that was a subtle attempt to deramp, it was poor, its not the retail investors lifting the price its the americans and the institutions, were only along for the ride! read the tip! |
Posted at 01/7/2004 22:43 by leewink7 Yesterday :- "Star of the day was Leisureplay which announced a capital restructuring and that Terry Ramsden, the financier and racehorse owner, was joining the board and taking an 11.1% stake in the company. The shares surged ahead by 2.25p to 5.375p with ace small cap tipster Mark Watson-Mitchell telling his followers to pile in at 4p shortly after the announcement was made. Watson-Mitchell reckons the shares are heading quickly to 10p."News from yesterday, very promising and with it being tipped for 10p still makes for a bargain, I noticed to something else possibly in the pipeline too ... Today :- "Leisureplay jumped 25.5% to 6.75p after yesterday's late news that former City whizzkid and racehorse owner Terry Ramsden is taking an 11.1% stake in the cash shell, formerly known as Murray Financial. Ramsden is the lead investor in a capital restructuring. His buying follows the sale by activist investor Resurge of its 29.9% stake." We see that Mr Terry Ramsden has taken his seat at the board, and snapped an 11.1% stake, and the fact that Resurge has sold 29.9%. This still leaves an 18.8% chunk left of initial sale, some 18.8 million shares outstanding in the market from the initial sale of 29.9% worth. Now as I say, we still see noticeable large buys through the day, which could lead to the eventual total purchase of the remaining 18 odd%. Could it be simply that Mr Ramsden wants to increase holdings, and yet to announce such, or another large investor snapping them up. For today on its own, I've noticed several million shares have been bought and held so investors seem happy to hold, I know I am. (anyone looking in) you'll notice delayed trades showing on this share, 1 hr delay, so although the trade list looks all sells, in actual fact probably 80% or near about are buys. I beleive personally IMHO, that if its tipped for 10p to me its worth it, deffinitely one great rise is showing now, and the fact that its covered well in the press, helps all the more. The near term future to me looks good. DYOH+R |
Posted at 01/7/2004 08:41 by valentine Independent today 01-07-04Ex-fraudster Ramsden makes stock market return By Rachel Stevenson 01 July 2004 Terry Ramsden, once one of Britain's wealthiest men, a legendary financier, gambler, racehorse owner and convicted fraudster, is making a stock market come back through an AIM-listed cash shell Leisureplay. Mr Ramsden is to take an 11 per cent stake in Leisureplay, soon to be renamed Caplay. The board wants to bring in a number of new investors and plans to raise £2.4m through the issue of 80 million new shares at 3p each. Mr Ramsden was one of the most flamboyant characters in the City in the 1980s. The former chairman of Walsall FC made his fortune as an international bond trader, but went bankrupt with debts of £25m in 1992. He was charged with fraud over his collapsed securities company and escaped with a two-year suspended sentence in 1994. He later went to prison in 1998 on another charge of concealing money from his creditors. His reputation as a gambler is also built on his love of horse racing, and he is known for placing enormous bets of as much as £1m at a time. At one point he owned 100 thoroughbreds and racked up gambling debts of £60m. He is currently enjoying some success on the turf, through his share in Grey Swallow, the horse that won this year's Irish Derby. Although the board wants two of its new investors to take a place on the board, Mr Ramsden does not plan to take a seat. He will, however, be granted options. Leisureplay was formerly known as Murray Financial, a failed vehicle set up by Ken Murray to convert building societies into banks in the 1990s. It was acquired last year by Resurge, the corporate takeover vehicle run by Jonathan Rowland, leading to an acrimonious split with Mr Murray who was forced out of the company. He is still battling with the board, claiming to have been wrongfully sacked and is demanding an £850,000 payoff. Resurge has now sold out of the business and the company wants to switch its attentions to the financial markets. Existing Leisureplay investors will be asked to sub-divide their shares, currently worth 5p, to 1p and one deferred share of 4p each. An extraordinary general meeting will take place on 26 July |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
