Clipper Ventures Share Discussion Threads

[deswalker] 22/10/2008 07:49

A good trading update dressed as a profit warning IMO. Looks to be trading on a PE below 3.

[8trader] 22/10/2008 07:07

I wonder if this statement is a cunning plan by Knox to try and get more
stock, nothing wrong with that statement in this market but strange he's
buying non stop ahead of todays news.

[8trader] 22/10/2008 07:05

RNS Number : 3721G
Clipper Ventures PLC
22 October 2008


Clipper Ventures PLC
22 October 2008

Clipper Ventures PLC
('Clipper Ventures' or the 'Company')

Trading update


Clipper Ventures today announces that in light of the near certainty of a global recession
the Board of has downgraded its profit
forecasts to match those of its last financial year (Year ended 30th April 2008).

The Velux 5 Oceans Race for 2010 has secured its title sponsor and is delivering income in
line with expectations.

Income relating the 2009 Clipper Round the World Race is in line with the previous race
and as a result the organisation is not
expecting to show the profit growth previously anticipated.

Given the broad economic uncertainties, the Board has decided it would be prudent to adopt
a policy of preserving as much cash in the
business as is possible. With this in mind it is the intention to temporarily suspend any
dividend payments until such time as it becomes
financially prudent to recommence the payment of dividends.

[8trader] 21/10/2008 21:48

I've just been looking at a stock on the leaders board that has shot
up on the back on some smallish director buying.

What's quite silly here is the lack of price reaction to the buying
by Knox, we are not talking pennies here, 100k at 8p, 2 mil at 9.25p,
250k at 8.5p and 450k at close to 9p in a month.

I make that roughly £250k he has spent, much more than all the diector
buying in a mid cap that jumps well over 20% on the news, it's a huge
amount for a stock so small.

This cant stay off the radar forever.

[8trader] 21/10/2008 15:28

He was always going to buy more when he bought millions earlier at 9.25p
Eggbird when the offer was just 8p !

I think he will continue to lap up large amounts of stock right upto 30%
before trying his luck with a bid.

Totally off the radar, when do you see such aggressive large scale buying
by a director and another big holder have so little effect on the price and
pi volumes, in the old days you would have 500k volume on this news and
today is 18k, our day will come with this stock mark my words.

Knox did the race recently at the grand old age of 68 !

[love it] 21/10/2008 14:10

You can sell 75k on line at 8.75p yet only buy 15k 3 v 3 on L2

[deswalker] 21/10/2008 13:49

Yes I noticed that.

Did you see the item on the national news about Hull NHS thinking about buying a racing yacht for £500k to encourage youngsters to broaden their horizons ? All a little bit touchy-feely to me but they say it's on the back of the maturity seen in the youngsters on the Hull boat in the Clipper Race. Most have gone into the workplace with much more maturity and responsibility, and the Hull & Humber captain from the race was in town to support it.

Well, I'm hoping & guessing that CLV are behind this initiative and might possibly get to run it day-to-day if it takes off. If it gets the go-ahead (and there is much opposition) then it could turn into a nice business for somebody (hopefully CLV) with the NHS as a rock-solid client and could then roll out into cities around the country.

Equally, perhaps we could do a deal on one of our spare yachts etc etc

Des

[scburbs] 21/10/2008 13:00

The Chairman has added 2.8m shares at a cost of just over £0.25m since September in order to acquire an additional 7.2% of the company.

[scburbs] 21/10/2008 12:49

Yet more shares being bought by the Chairman! Not surprising the directors are filling their boots at these levels, the confidence is certainly pleasing to see for those of us sitting on an unrealised loss.

[eggbird] 21/10/2008 12:34

Very nice Director Buy!

RNS Number : 3417G
Clipper Ventures PLC
21 October 2008


Clipper Ventures PLC
21 October 2008

Clipper Ventures PLC
('Clipper Ventures' or the 'Company')

Directors Dealings




Clipper Ventures Plc (AIM: CLV), was notified on 20 October 2008 that Sir Robin
Knox-Johnston, Chairman of the Company, purchased
450,000 Ordinary Shares in the Company on 20 October 2008 at a price of 8.875 pence per share.
Following this transaction, Sir Robin
Knox-Johnston's total beneficial interest in the Shares of Clipper Ventures is 5,549,941
Ordinary Shares, representing 14.2% of the total
issued share capital of the Company.

[8trader] 20/10/2008 15:47

Managed a 10k top up which is the online limit.

Feel pretty safe in this one with 2 different parties after large blocks.

And there's not much cheaper on fundies out there, 3 mil maret cap with
1 mil cash and profits of 1 mil a year, even if they dipped on sponsership
cutbacks they remain a bargain just like many others out there.

[8trader] 20/10/2008 15:43

You cant get any stock online TY, there is huge buy orders always
in place, convinced this they will mop up before launching a bid.

[tyranosaurus] 20/10/2008 08:37

Has the buying started again ?
450k bought at 8.875p this morning,

[8trader] 06/10/2008 19:22

More sustained buying by 2 different parties !

It's like a competition to try and get a big a stake as possible
on the cheap, if the person who is supplying them with the stock
runs out then this will probably go a bit like most stocks do when
large sellers get cleared out.

[tyranosaurus] 06/10/2008 13:20

Have these people got a bottomless pit of money ?
They seem to be relentlessly buying.
It would be nice to know who is selling these in the first place.

[deswalker] 06/10/2008 10:01

David Barry and Robin Knox-J buying today.

[8trader] 02/10/2008 08:15

And it's Hoods who have been on the bid and gradually upping the
bid for many weeks now so the price seems to have solid support
if unspectacular moves but they are upward ones in a falling market
so that will be taken as a bonus.

[8trader] 01/10/2008 15:48

Stakebuilding galore going on, lots of block trades changing hands
so somebody must be selling but no sign of a rns stating who ?

Everybody seems to be adding.

[8trader] 01/10/2008 15:33

Thanks TY, i was hoping somebody would tell the thread :-))

[tyranosaurus] 01/10/2008 12:01

I reckon Barry has added another 400k shares since his last shareholding was notified.

[8trader] 23/9/2008 22:39

Whatever you wish !

You have a big chip on your shoulder.

market maker2 - 23 Sep'08 - 22:19 - 28 of 28 (premium) (Filtered)

[market maker2] 23/9/2008 22:19

8t

what a complete liar, and considering u set me and loads more on ignored u can still read this

this guy is not to be trusted, he ramps and deramps like the wind !!!!!!!!!!!!!

[8trader] 23/9/2008 22:06

Are you ok MM ?

Like i said before i would hate to see a real "dreggs" company when you
think this is, a 3 mil pound company making 1 mil a year with no debt and
1 mil cash.

Now i last spoke to you on the HLL thread and warned you about the debt
conversion, i see they have lost over 75% of their value since then, is
this what this is about ?

Punters will always do their own research, i'm just interested to why not
one but 2 seperate parties have bought or increase their stakes by a substantial amount at premiums to the market price.

[market maker2] 23/9/2008 21:50

Be careful the market will not wake up here.

directors buying made jack sh*t

With Credit crunch happening who is bothered with dreggs like this ???

Oh yeah dont trust 8T he's a complete prat!!!!!!!!!!!