||EPS - Basic
||Market Cap (m)
Real-Time news about Leisureplay (London Stock Exchange): 0 recent articles
|philjh: Gismo - well i was a long term holder from the old MFC days and was sitting on a stagnating share price for a couple of years - delighted when LPY rocketed and was happy to sell half my holding at just over 9p - even happier to get 15.75p for the rest - like you I'm just continuing to watch in amazement as it continues to defy gravity ............. and logic !!|
|merrickman: Paddy whilst not settled prior to court the company could have offered a Caulderbank letter (Its an offer to settle) which would limit costs should any settlement be less than any ammount awarded.
James I think ramping or deramping is a pointless excercise. I find BB should be a forum for exchanging views. Whilst all logic supports shorting the fact is this share is defying logic. My only thought is the share is being primed for a shareholders placement to raise funds for new venture and maybe suprisingly have done a deal for placement with EVO hence their determined efforts to keep rising - as it is they who are driving this price - probably subject to some privy knowledge - or simply pump and dump.
If the 80 million 3p share dilution is voted for then this in turn would be ridiculous as the current share value would mean that should be rejected (although NET Asset value actully does not even support 3p) . Greatest threat to shorter is shareholders options (1 for 1 at say 10p).
At present I have halved short (exposure) as I always stick with stop losses. My head says reshort should this hit 20. But I will only reshort when I see some volume sells.
Personally I think it would be prudent to bank profits - as this share price is totally out of all proportion. The company is a shell and Ramsden has a dubious history.|
|merrickman: s4kcm - anybodies guess. 80 million 3p share diluton pending. Court case pending and less than £800K in the bank. I am biased as I am shorting - but I think it is too high risk too go long as after new shares - buyers could sell at 15p (If remain as is for 500% return in a day) and that would crucify the price. I feel the EGM must abandon its placing with the share price being as is and consider shareholding options - however Ramsden would then lose his 5p options which would not please him hence lose the Golden Goose that layed this golden egg. You need to seriously look at the financials as this company has neglible assets relative to current market cap of 15M - 2 weeks ago 2.7 million CAP.|
|guru11: One could be missing that the kettle has come to the boil,
and the water is from now on going to get cooler.
Or to put it another way, we have reached the top of the hill.
Time will tell.
On fundamentals can this share price really go any further?
The fundamentals are not just weak but almost non-existant,
and that is what should be holding the share price up,
instead of hot air.|
|merrickman: Market cap 14.88 million Cash per Share 0.5 - Court case tommorow and pending share dilution at 3p only being placed with Institutions - Not even share holder options. What am I missing?
EVO propping up since their acqiuisition of 12% now off loading. This has pump and dump written all over. I am shorting but what am I missing as this share price seems to be defying logic. I don't mind closing short at a loss (but more likely to increase into this rise as exposure only from 13p) but can anybody enlighten me as to why these have rocketed beyond even the most excessive valuation - my only thought is power struggle for controlling share re Mr Ramsden involvement - which is now factored into share price beyond commercial value.
Sells out stripping buys and rising - I guess we will see shorters squeeze with spread widening - I guess when three MMs on spread they can easily tuck us up - long and shorts|
|guru11: I think that as the rises are now slowing down, the question is that should be asked is, is the price up the top. My view is that tomorrow the price will struggle, and even fall back. Is it time to follow the guy who has said to have sold 12.7m today. With a placing of 80 million shares at 3p only to institutions, existing shareholders excluded, will the share price be diluted?
Time to take a profit?|
|gismo: Just in from Watshot:
Lesiureplay (LPY) - the advance of this company's share price continued yesterday. They closed another 12.9% higher at 12p, up 1.375p on the back of only 10,255,637 shares being traded on the day.
Yesterday Evolution Beeson Gregory's market making team announced that as at the close of business on Friday of last week they held a very tidy 10.94% of Leisureplay's equity. That canny bit of dealing probably surprised the other market makers in the equity. No doubt the Evolution boys have done well for their book in helping to satisfy US demand for the shares over the last couple of days.
The real fun in this stock will get going when Terry Ramsden announces (possibly later this month) just what he is going to be doing with the company. We already know that he and his investor group plan to inject fresh capital into the Company, to change its name to Caplay and to then progress its corporate future as a well funded specialist financial organisation.
That is when Ramsden will really start to push the Company and just watch the shares react as the news unfurls. No wonder the Americans are keen to get aboard this highly speculative play.
So where will the shares go between now and the 26th July when the EGM is held to agree the proposals of increasing the capital and the name change? My guess is that 13/14p within the next couple of days is possible, whilst 20p by the EGM is not too outlandish. This is not a case of what the shares are worth but more one of how many shares are there available if I want to participate in the formative play of Caplay - and the answer to that is not too many.
This stock is certainly not for widows and orphans or those of a weak disposition!
* I own shares in this company|
|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.|
|lacepalace: when ever a company plans a new issue of shares, as proposed by LPY (80Mil at 3p) the present share price drops like a stone and hangs around the new issue price i.e KMR, ETQ so I am wondering why LPY would be any different - any helpers / ideas?|
|philjh: lekka - not a fool at all my friend .... you've done well
have just read the full announcemnt and it looks as though this change of strategy has been well received - too early to say though whether the present share price will be sustained - hopefully the future for the company is looking brighter whatever the share price does - guess a lot depends on the outcome of the 'Murray' litigation next month|
Leisureplay share price data is direct from the London Stock Exchange