Celsius Resources Share Discussion Threads

[russman] 03/3/2015 22:16

It is illogical Captain.
Lend to AVAP unsecured @ circa 4.5% p.a
Pay Jeff @ 9.75%.
This is not good business.

[russman] 19/2/2015 17:51

Did we fix the Singapore Tax Issue? Not sure
Did we pay back Jeff's Bridge Loan ($5m @ 9.75%)? Maybe
Interest Rate Payable plummets; Admin Expenses up; EPS go down. That is {Il)Logical - Captain

[russman] 02/2/2015 22:20

It appears that CLA's brokers are no longer buying @ 20.5p.
The interims may shed some light into this abyss.

[russman] 28/1/2015 22:36

Why would anyone sell at 19.25p?
CLA are buying them back at 20.5p; they are not prevented by the "closed period".
Only if they have price sensitive information; possible as a loan refinance is due by this Friday.

[russman] 27/1/2015 23:03

Why would anyone pay 20.95p per share?
The company is only allowed to buyback @ max of 20.5p
AVAP is subject to the "closed period".
AVAP control 96.7% of CLA.
This is very strange.

[russman] 28/11/2014 17:19

Acquisition of Jabre Capital's holding went through today.

[russman] 17/10/2014 20:55

I think I am turning "Singaporean"
Cant spell, Cant count & cant publish the AGM.
I really think so.

[modj2] 06/10/2014 22:11

Got my 20.5p. They'll pay that if you put a limit on.

[russman] 30/9/2014 17:36

Strange - the controlling shareholder makes a clanger by stating the wrong price twice. Then takes 2 days to correct it. This is maybe what you could call a fair and orderly shareholder agreement. Shame they did not state £20.50. That would have been more fun.

[russman] 26/9/2014 19:37

You should check that it was not 0.203p. They have been known to move the decimal point.

[davebowler] 26/9/2014 13:39

Just sold all mine via Selftrade at 20.3p.They used at my request MarketMaker WH Ireland -the company's broker.

[russman] 24/9/2014 18:56

hxxp://cl-aviation.com/capital.html.
Maybe I cannot count but the website says Vidacos owned 22,915,334 shares.
Annual Report 2013 says they own 21,065,334 = diff 1.85m ish.
Jeff's deemed interest went up by 1.85m
Today a shareholder sold 4m including 1.85m for cash.
It can only be Jeff playing with himself.

[modj2] 24/9/2014 16:05

No point in taking less than 20.5p. Will they really want a rump of 5.25% out there, particularly since if we are not taken out I assume that there will be a high level of dissatisfaction amongst those of us locked in?
Let's wait and see and be prepared to stand up for ourselves if we are ignored!

[davebowler] 24/9/2014 15:11

Note-
'' The balance of 1,853,750 CLA shares was acquired through the market at a price of 20.5 pence in cash (the "Cash Purchase"). Settlement of the Cash Purchase will be on normal market terms.''
Selftrade would not take my order today to sell all mine at the lower price of 20p!!

[cwa1] 24/9/2014 12:32

Avation PLC, the aircraft leasing company, announces that it has agreed to acquire 4,037,966 ordinary shares in aircraft lessor Capital Lease Aviation PLC (AIM: CLA), increasing its interest in the voting rights in CLA's issued share capital to 94.75%.

[russman] 23/9/2014 17:21

That appears to be the balance (1.85m) of the Vidacos holding being bought at the close. Same cash price 20.5p.

[sharpish] 23/9/2014 15:32

Good point, director buy is interesting timing alright as he wouldn't any additonal return at current levels taking fees into account

[horndean eagle] 23/9/2014 09:12

Interesting the non exec brought shares yesterday. From that you would imagine he isn't inside yet if they do have any plans to tidy up the minority. Could be a protest buy and suggest he won't be recommending any offer around current levels.

[sharpish] 22/9/2014 17:14

Guess that's it then, just a waiting game now until we're all bought out. I'd be happy with 20.5 but was really hoping to get something closer to NAV in the long run.

[russman] 22/9/2014 17:14

The 18th November is significant; I have never been given 2 months credit to buy shares. The CLA AGM was on 18th November last year. I look forward to reading the Annual Report, it is the end game.

[davebowler] 22/9/2014 13:18

They can have mine at the same price!

[dasv] 22/9/2014 09:17

20p is better than my exit price though. darn it.

[horndean eagle] 22/9/2014 08:32

Its a much worse outcome than the proposed share swap. Not sure where they are registered and whether they can squeeze out the minority at the same level. If they can I hope they get on with it. These scumbags can not be trusted.

[cwa1] 22/9/2014 08:03

Over 90%!

Avation PLC (LSE: AVAP), the commercial passenger aircraft leasing company, has agreed to acquire 21,065,334 ordinary shares in aircraft lessor Capital Lease Aviation PLC (AIM: CLA) at a price of 20.5 pence per share in cash, increasing its holding of voting rights in CLA's issued share capital to 90.59% (disregarding the shares CLA holds in treasury).

The transaction has been entered into with the second largest shareholder in CLA after the Company itself and is expected to complete on or before 18 November 2014.

Executive Chairman of the Company, Jeff Chatfield, commented by saying, "This further consolidates Avation's holding in CLA. The transaction is net asset accretive. Avation has been growing its asset base and recently announced a broadening of its business activities with new aircraft lessees in Europe and Asia.