Clear Leisure Share Discussion Threads

[eezymunny] 02/3/2018 10:33

Even at today's price PAA shareholders would have saved themselves 90% loss if they'd heeded my warnings from the beginning. And I always made it clear that things could get better if some different biz was reversed in etc.

I just object to laughable comments like:

"Think there will be unlimited support below 0.8p"
"Very cheap here"
"It pays to take a chance and buy stocks like this when weak"
"Great price 0.77p"
"Another 20% be nice today, 1.6p should become support by next week"
"Yesterday's news has upped the support level from around 0.6p to 0.8p, it's just a case of patience before the next big spike on next update"
"There should be alot of money coming CLP's way after yesterdays court clarification and judgement"

All childish, pathetic comments, with no consideration for the downside scenarios, risk/reward etc...

Posts of the illiterati, uneducati IMO!

[longshanks] 02/3/2018 10:29

I was referring to the winding up order by the court for Mediapolis. The value put on the land by them at that time was actually €3.86m and not ~€2.6m as I suggested.The company have asserted that the valuation is very conservative but to my mind, in a buyers market, a conservative valuation is probably a more accurate valuation than the one Directors would like to report.Either way - any proceeds from a sale of the land is highly speculative as there is no planning permission for development nor is there likely to be any granted in the near future, but who knows who might come forward once the sale goes ahead.Personally I am not invested but am watching on as I think this could present a good short opportunity in time.

[knigel] 02/3/2018 10:19

Correct. AiM is a mine field of high risk shares - so spread your money around. CLP is a slow burner and the research from Mr Beekeeper is worth reading/ considering

[dave4545] 02/3/2018 10:14

Eezy

Point I was making about PAA is your constant deramps which happened to be correct for a long time put me off looking at the future picture. I could have bought for 8p and when they reversed Bricklive into them they touched 90p bid on return from suspension.
1000% potential profit there

The point is ...is it worth saying the same thing over and over again, we get the message, they could go bust, it's AIM everything could do bust or multi-bag

[eezymunny] 02/3/2018 10:08

I don't think the court put any value on the "cornfield" longshanks. I have no idea what it's worth. If it sells for €10m and nothing comes back from Sipiem then I fear CLP is worthless. On the other hand if the land sells for €20m and Sipiem comes good (in a decade or two!?) then CLP possibly multibags.

I just wanted to make the point that the range of outcomes here is very wide. Not one I'd bet on (unless I could formulate an opinion on Mediapolis value) but each to his/her own.

[longshanks] 02/3/2018 08:40

I don't see too much of that "unlimited support below 0.8p".EezyMunny is on the money with his comments. This is a gamble on whether the company can extract sufficient value out of mediapolis or not.Currently the first charge on €2.6m won't have diddly squat effect on rebalancing CLPs balance sheet. To see significant restoration of value they need the unsecured debts paid back which means that the corn field with no planning permission has to be sold for considerably more.What value did the court put on the corn field? Oh ~€2.6m.

[qs99] 01/3/2018 14:02

looks like about to turn blue IMO

[dave4545] 01/3/2018 13:33

Could get back to unchanged or blue now most of the chasers from the spike 2 days ago have moved on.

[dave4545] 01/3/2018 12:26

Think there will be unlimited support below 0.8p to match those who chased the spike selling for losses. Sooner or later it should recover back over 0.8p

[mylands] 01/3/2018 12:08

Somebody just had a £5k punt at 0.77999p. Good luck!

[eezymunny] 01/3/2018 10:44

Looks to me like the upside is perhaps 200% (if everything comes good) and downside 100% (if a fair bit goes badly). Unless you can risk weight the outcomes for Mediapolis, Sipiem, Geosim, ORH etc (I can't!) then surely Red Rum for the National would be a more fun bet?

[eezymunny] 01/3/2018 10:31

It really is very unclear what will happen here IMO. I'd love to see all your risk weighted calculations of the possible outcomes.

For example the balance sheet has "Other receivables" c €7m - "Other receivables include €6,500,000 due from Sipiem, the amount is unsecured, interest free and does
not have fixed terms of repayment". "Between March 2010 and November 2012, Clear Leisure expended, via Sipiem, € 7.1 million to secure a 60% holding in T.L.T. Despite Clear Leisure making the payment, the Company did not receive the interest in T.L.T.

"At an EGM in July 2015, the majority shareholders of SIPIM voted to put the company into voluntary liquidation. In July 2016, at a SIPIEM shareholders meeting, the Company presented and voted for a resolution to recover damages from former management and internal audit committee members. The Board remains confident that its legal procedures will result in a positive outcome for Clear Leisure."

Sounds fun eh? Chasing around the Italian legal system to try to get repaid. Good luck to them with that. I'd say there needs to be some risk weighting to this for example.

All sorts of stuff like this.

Come on, show us your risk weighted numbers! Or are you all just having a wild punt?!

[rusty9717] 01/3/2018 10:06

Just took some back at .75
Very cheap here.
MM`s murdered all the non researchers and rainbow chasers that bought at 1.14

[zico01] 01/3/2018 09:56

Added some more on the dip

[dave4545] 01/3/2018 09:50

1p+ spike chasers now selling for 0.74p...never seen so many impatient idiots trading these days.

Added more at 0.76p

[dave4545] 01/3/2018 08:49

I was buying Hemo yesterday when nobody wanted them, got some at 4.15p low, today they are currently paying 4.96p for them.

It pays to take a chance and buy stocks like this when weak, 0.77p today, 2 days ago they were happy to pay 1.14p high

[dave4545] 01/3/2018 08:48

Great price 0.77p

[markdennis1968] 01/3/2018 08:41

That was my buy 104000 Marked as sell

[dave4545] 28/2/2018 18:31

Was only joking eezy, you did call it right for a while but in the end it multibagged from the lows in a spectacular fashion.

I made my biggest killing on the stock market in a stock called Rodime (google it), that was a long term litigation play bankrolled by Royal Bank of Scotland or Bank of Scotland, they believed them for years and in the end they won and the price went from a low of 1.5p to 40p high.

Clp is a gamble stock but recent news gives it hope and they have a long term supporter of them that also believes they will have a happy outcome.

[k1ngkonggb] 28/2/2018 17:40

Lol....name calling eh!!! Don't worry geez, I won't steep down to your level.

Let's see what transpires with CLP!!!!

[k1ngkonggb] 28/2/2018 16:02

EEZY,

So you want in lower then!!! Blimey, can spot them a mile off!!!

[dave4545] 28/2/2018 16:01

EEZY

I hope people do not bail out because of your words EEZY, Remember PAA, they soared was it 500-1000% from the low when you were deramping that ?

[eezymunny] 28/2/2018 15:55

Such awfully dim comments here.

Lots of moving parts but by far the biggest is what happens to Mediapolis, no? There is still a lot of debt on CLP balance sheet. If the receiver ends up selling Mediapolis for a poor price then CLP is possibly worthless. Vice versa if Mediapolis is eventually sold for a good price, CLP debts can be cleared and there's something more than current market cap left over.

Just a wild gamble here IMO. Unless you have some idea of land prices between Milan and Turin?

[dave4545] 28/2/2018 15:14

Yesterday's news has upped the support level from around 0.6p to 0.8p, it's just a case of patience before the next big spike on next update so those who can hold will
buy each time it dips to around 0.8p and those who like losing money will sell today because they have no patience to wait even if they paid 1.1p they would see a profit with a bit of patience.