Clear Leisure Share Discussion Threads

[billybilltrade] 07/10/2018 08:34

The mug punters here will be 50% down by close of play MONDAY lol . Billy bill NEVER calls it wrong ! Catch me on Twitter and you'll see

[billybilltrade] 07/10/2018 08:32

This is going sub 00.04p !

[billybilltrade] 07/10/2018 08:31

Many in the a shock tomorrow morning when this opens up lol . Prepare to get the sick bags ready when this tumbles ! Pure and simple pump and dump exercise on Friday to mug punters

[timbo] 07/10/2018 00:21

And the £65k was over and above the 6.9M euros as it related to a different bond issue.

[timbo] 07/10/2018 00:19

Not quite. As you know from the recent RNSs that Eufingest with about 43% have voted to convert. We don't know at this stage how many of the others have also agreed to this...

[bulgarian] 06/10/2018 20:19

So if I understand this correctly the market is getting excited because 65k out of of 6.9M have been converted.

What's the current debt liability to the holders +/-?

And the assumption is that the bigger bond holders are just going to follow suit?

Did I follow correctly so far?

[knigel] 06/10/2018 19:45

I would expect the majority of bondholders to convert but we will have to wait and see.
Btw Man Utd somehow came back against the odds. Hopefully the same here 😊

[timbo] 06/10/2018 19:32

What's encouraging about the conversion of bond debt to shares yesterday was that it wasn't from the 6.9M euro bond issue that had just been voted for conversion. So CLP have been able to convert another bond debt into shares at a huge discount thus improving the balance sheet further...My calcs are that the only bonds to be converted are the 6.9M to be done within 60 days of Oct 1st but I'm still working through some old annual accounts to make sure...

[bulgarian] 06/10/2018 19:00

Man U - no chance.

So a tiny amount of bonds have been converted if I understand correctly from yesterday.

What's the total amount of debt held by the remaining bond holders?

Roughly.

[k1ngkonggb] 06/10/2018 18:51

And answer my question about being a Man U fan!!!

[k1ngkonggb] 06/10/2018 17:57

Bulgarian, you gotta be a Man U fan....

[bulgarian] 06/10/2018 17:22

Supercity,

So the poster over the way who posted only 20 times yesterday on the same BB -

"...What I find amazing is the last few sells that look like they have lost money, absolutely crazy when we have just had an RNS to state a buy price of 4p for £65k worth of shares, absolutely bonkers, well onwards and upwards next week :).."

Has got the wrong end of the stick?

[knigel] 06/10/2018 15:50

Bulgarian, remember it works both ways. Sometimes derampers can "encourage" posters to sell at the wrong time - perhaps to get a lower entry point.
My advice is to use Advfn as a discussion thread (if possible!) and don't EVER trade on the comments of any posters - just use it as one tool GLA

[jamdan1] 06/10/2018 15:36

So what was the benefit to that holder to exchange onto shares way higher than the current price?

[supercity] 06/10/2018 14:56

No one has bought shares for £65,000.A bond holder has converted £65,000 of bonds in to shares and can sell them on Monday for a fraction of that and lose a significant amount of money.Clear leisure have done the 4p conversion to deter bond holders from doing it.The company receives no money and no one pays 4p for shares.More important here is the court case that was lost this week regarding mediapolis which many shareholders hoped would be won...they have 15 days to appeal but on what grounds

[bulgarian] 05/10/2018 20:56

Next quarter will be fun to watch as this unravels.

[spary1] 05/10/2018 20:19

NIGEL if you check out Msmn you will see the 2 ID I mention above are busy trolling there with multiple posts a day, I have got in the way of its trolling, FCA will catch up very soon 👍😎

[knigel] 05/10/2018 20:05

Bulgarian - there has been TWO RNSs this week confirming bond conversion at sharp premiums to current share price. Various news is due.
Of course there are some OTT rampers around and some will always get caught on a spike - however many of us are LTHs not concerned about a daily swing either way. There is great potential upside here - up to you to join in or watch..

[bulgarian] 05/10/2018 19:39

Robust FCA regulation and action on these BBs is well overdue also.

[temmujin] 05/10/2018 19:38

friggin immigrants...brexit cant come soon enough