Clear Leisure Share Discussion Threads

[rkbeekeeper] 23/1/2017 08:09

Morning Longshanks

Thanks for the information regarding the Nomad.

I have always communicated with Listed Companies via their shareholder contact (if they have one) Often the PR people pass my contact details to the CEO and I then have a direct line to the BOD.

Having a member of the BOD on my phone list has proved useful in the past as I have send on BB it is often what is not said by BOD when you ask a question as you know they are not allowed to disclose market sensitive information.

I will email the Nomad this morning.

Thanks

RKB

[longshanks] 23/1/2017 08:01

Best of luck with your endeavours RKB.I would suggest respectfully that you also address your issues via the Nomad.If the Nomad has been knowingly turning a blind eye or continues to do so, then you may get more money subsequently suing them for damages than you would in a battle to get money out of CLP and/or the auditors.

[rkbeekeeper] 23/1/2017 06:26

Before Exocet Missile Launch

I am determined to establish why our company have failed to acknowledge the Anomaly in our accounts.

To let all fellow Posters know how determined I am, what follows is true and accurate.

In 2005 I had obtained my financial qualifications to be an IFA. I was about to resign from my job at a large UK Retail Bank and become self-employed when I took on the largest employment tribunal case in Scotland to date.

I was representing 21 Pensioners who had been unfairly treated by their former employer. They had all worked for a company that produced cameras that developed the photograph within 30 seconds in front of your eyes.

The issue with the Pensioners was that their employer had not treated them fairly; they had discriminated against them because they were part-time and had not given them the Pensions due to them in retirement.

The Camera Company tried to buy me off, I was offered a financial position with a company connected to them if I would just stop representing the Pensioners. I refused all their offers and agreed to a meeting at their factory near Loch Lomond.

The odds were stacked against me. On the Camera Companies side were their MD from the UK, some of the BOD from the parent company in the USA, a Senior Lawyer from Slaughter & May London (one of the most high profile UK Legal Companies and regarded as one of the most prestigious law firms in the world) AON insurance company, Bucks Consultants and an ACAS representative (who should have been on the side of the 21 Pensioners but was on the other side)

The Lawyer presented their case for over 45 mins and they more or less said they had done nothing wrong and that it was futile for me to continue to represent the 21 Pensioners. I then began my presentation which I had meticulously prepared and researched for 6 months. I had them all agree that the whole purpose of the meeting was to ensure that all their Pensioners were treated fairly and they agreed. Within ten minutes I had finished my presentation and the lawyer requested a short break.

I won, the Company had to payout several million pounds not only to my 21 clients but to all their other Pensioners whom they had not treated fairly. How did I win? Through sheer determination because I had done extensive research. But it was really a novel solution that I presented, I had found out the Camera Company had employed twins. One lady was full-time and the other lady was part-time and when you looked at how they had treated the part-time employee, she had not been treated fairly. I won when all the odds were against me but I had prepared well and done my homework and had not been intimidated by the formidable opposition.

The purpose of the above is to let you know and BOD that I am determined to establish why there is an anomaly with our accounts. What the BOD needs to remember is that they run Clear Leisure on behalf of the shareholders, for the benefit of the shareholders and all other stakeholders. Shareholders should not be ignored, we may appear to be the little guys but it is the little guys that pay their salary (and bonus)

I apologise if the above was boring or long winded, but hopefully you understand what I am trying to say.

RKB

[rkbeekeeper] 23/1/2017 06:14

What is the purpose of an Auditor?

An auditor conducts a review of the annual financial statements of a company and makes an independent report to the owners (referred to as shareholders or members) as to whether the accounts have been properly prepared in accordance with the Companies Act.

The report will say whether, in the opinion of the auditor, the company's accounts give a true and fair view of its affairs.

The auditor will also consider if the information given in the directors' report is consistent with the annual accounts.

If in the auditor's opinion, the accounts or directors' report does not comply with the Companies Acts, he or she will say so in the report.

What should a company do with the audited accounts?

Audited accounts must be sent to Companies House annually. Companies House publishes them publically so that the stakeholders in the business, including other businesses with which the company trades, can decide whether they wish to do business with the company or not.

What and who are recognised supervisory bodies?

These are bodies recognised by the Secretary of State as having rules designed to ensure that auditors are of the highest professional competence. Each recognised body has strict regulations and a disciplinary code to govern the conduct of their registered auditors. The five recognised bodies are:

• The Institute of Chartered Accountants of Scotland (ICAS)
• The Institute of Chartered Accountants in England and Wales (ICAEW)
• The Institute of Chartered Accountants in Ireland (ICAI)
• The Association of Chartered Certified Accountants (ACCA)
• The Association of Authorised Public Accountants (AAPA)

Our Auditor is Welbeck Associates, the senior statutory auditor who audited the Accounts with the anomaly was Jonathan Bradley-Hoare and his recognised supervisory body is ‘The Institute of Chartered Accounts in England and Wales’ (ICAEW)

RKB

[yajnas01] 23/1/2017 00:45

What happened to mcc to make it multibag and how was it known before it actually multibagged?

Also why is Clp in a similar situation ?

[johndee] 22/1/2017 20:34

Is this high risk/high reward. Or is it like MMC was just a high reward as known before the multibag happened.

[rkbeekeeper] 22/1/2017 19:54

You are correct, we are getting news this week.

I am in the process of preparing several posts which will relate to me releasing an Exocet Missile

My goal this week is to force the Professor to issue a statement.

RKB

[daicaprice] 22/1/2017 19:29

I have a feeling we may get some small news this week,not based on anything but a hunch.

DC

[petersmith6] 22/1/2017 17:02

The current price is based on no tax refund. So 5 to 6p isn't an unreasonable value .

[fire2480] 22/1/2017 14:05

Looking forward to meeting you temm

[briannewby] 20/1/2017 18:30

Vauch, true, I wasn't implying that the entire value attributable in clp was 6p per share

[vauch] 20/1/2017 16:04

briannewby, you need also to take into account the tax write-down it near £60 mill

[fire2480] 20/1/2017 15:55

Wrong board

[fire2480] 20/1/2017 15:54

Well as the agm fast approaches , patrick will release an update next week imo . He will do this to deflect what will surely be a very uncomfortable agm .

[briannewby] 20/1/2017 09:58

The villas have a carrying value of 5.1 million euros; with shares in issue at just under 300m this would equal 1.7p per share. The development land has a value associated of 13m, so a sale at this price would nominally equal 4.3p per share. So sale of land + villas could theoretically be equivalent to 6p per share

[yajnas01] 20/1/2017 09:50

So was curious to know other people's thoughts about what we could realistically reach in terms of share price and when

End of March is a key date right? So basically should see stuff before then hopefully I think. If the villas sell then thinking 5p per share?

[dice1950] 19/1/2017 06:07

Last Signal:BUY
Last Pattern:BULLISH HARAMI CROSS

Market Outlook The bulls have strong evidence on their side and this evidence prompts us to make a bullish bet. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. It is probably the right time to be part of this boost and bullish market sentiment. The market is telling you about a possible new profit.

[maxmarilli] 19/1/2017 01:58

high all,something coming up.....get your positions ready for a step up....GLA,max

[dice1950] 18/1/2017 17:02

looks like news is getting closer

[petersmith6] 18/1/2017 16:55

Update on the court case?

[vauch] 18/1/2017 16:38

It will say, we see no reason for the rise

[tann93] 18/1/2017 16:25

what makes u think there will be an update tomorrow?