Share Name Share Symbol Market Type Share ISIN Share Description
Leaf Clean LSE:LEAF London Ordinary Share KYG541351196 ORD 0.01P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 22.00p 21.00p 23.00p 22.00p 22.00p 22.00p 30,955 07:47:20
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -14.2 -11.7 - 26.00

Leaf Clean Share Discussion Threads

Showing 226 to 249 of 250 messages
Chat Pages: 10  9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
20/4/2018
11:24
Surprise! :-(
pvb
20/4/2018
08:56
There are remaining issues Will LEAF consider an appeal? Unlikely as I think they would need further loan to underwrite such action e.g. from Crystal Amber who are likely to cut lossess. Will Invenergy pay if LEAF accept? They may just sit on the judgement to make life difficult. No info in today's RNS from LEAF. And, nothing on the Invenergy site (some completely unrelated news item was posted yesterday, so they update their site). To state the bleeding obvious, not good.
manfrommoyse
20/4/2018
08:37
Leaf won. Hence the $1 award. Read the link that andyr0503 provided. The disappointment is the Judge was not convinced the amount of money in question could have been realised.
carcosa
20/4/2018
07:53
So Invenergy actually won despite Leaf's insistence they were in the right.
orinocor
20/4/2018
04:30
hTTps://www.law360.com/delaware/articles/1035326/invenergy-to-pay-1-in-damages-for-investor-sale-dispute
jhan66
19/4/2018
17:12
Leaf case opinion is now out. hxxps://courts.delaware.gov/Opinions/Download.aspx?id=271680 Looks like the value will be based on the average of the three valuations as part of the put/call.
andyr0503
30/3/2018
17:48
"That argument was held on January 19, 2018. A decision is expected within 90 days of the argument." https://uk.advfn.com/stock-market/london/leaf-clean-LEAF/share-news/Leaf-Clean-Energy-Company-Half-year-Report/77017393
pvb
23/3/2018
07:06
https://www.investegate.co.uk/leaf-clean-energy-co--leaf-/rns/half-year-Heport/201803230700046807I/ "We expect a decision from the Court in April. Even if Leaf prevails at the Court of Chancery, Invenergy can appeal to the Delaware Supreme Court. Such an appeal would delay paying any award. As reported previously, we will own our share of VREC for some time. We have valued VREC and Escalona at our expectation of return. Leaf possesses the financial resources and the support of its major shareholders to pursue the litigation to its conclusion."
carcosa
19/1/2018
14:43
I guess they do. Sinking feeling but I know if I bail it will come good!
manfrommoyse
18/1/2018
21:14
Still no news, yet the share price plunges. Somebody must know something...
pvb
04/12/2017
20:35
The share price story is clearly not optimistic.
pvb
30/11/2017
05:48
jhan66; Thanks for the link. I have been checking that link daily! Given the importance of the ruling I would not be surprised if LEAF is temporarily suspended immediately ahead of the ruling being announced.
carcosa
31/10/2017
07:20
Could indeed. Viewing this website, I can see a couple which took more than a month but I notice Lassiter’s last judgement took only three days. hTTPs://courts.delaware.gov/opinions/
jhan66
31/10/2017
04:58
Could take few days, weeks or months before a verdict is issued???. An unknown quantity...
carcosa
30/10/2017
10:26
From cystal amber's october newsletter: "Leaf Clean Energy Co. (“Leaf”) During the quarter, the Fund completed an unsecured loan note investment in Leaf of $1 million. This facility will support the company’s ongoing litigation with Invenergy. The Delaware Court has scheduled a trial for 25-27 October 2017 to determine the amount of Leaf’s damages. The company is seeking net $122.2m in damages from Invenergy, which compares to Leaf’s market capitalisation at 30 September 2017 of £44.8m (c.$59.0m) and its latest available NAV at 30 June 2017, of $88.3m."
glawsiain
30/10/2017
10:24
Case should have finished last friday. I can't see any news. Anyone?
glawsiain
27/10/2017
00:27
No news yet but share price drop does not bode well.
pvb
29/9/2017
15:13
final results published. "The Court has scheduled a trial for October 25-27, 2017, to determine the amount of Leaf's damages"
glawsiain
29/9/2017
08:15
Leaf haven’t managed to publish results in September for the first time in a while. Presumably waiting for US court action which I think is now due in October, judging by a note in Crystal Amber’s last report.
jhan66
20/9/2017
09:17
Need it to fund the legal costs against Invenergy.
tiltonboy
20/9/2017
07:59
Don’t know what to make of this new news. 12% sounds expensive. I thought this company had few running costs. I guess we need it to pay for director incentive schemes. makes the compulsory share repurchase look like a mistaken use of spare cash.
jhan66
13/9/2017
15:52
Thanks flyfisher. The link is here htTps://www.thelondoneconomic.com/prices-markets/crystal-amber-lays-out-case-for-its-portfolio-after-bumper-year/13/09/
glawsiain
13/9/2017
15:27
The hearing for damages should occur in the delaware court in the next two weeks, crystal amber remain positive in their results statement today. '' On 30 June 2016, in a partial judgement on the case, the court ruled that Invenergy Wind had breached the contract by not obtaining Leaf's consent to the transaction. Pending further proceedings, the court has not yet determined the amount of damages, which Leaf argues should be determined by applying the target rate of return of 23 per cent, as agreed between Invenergy Wind and Leaf. On 10 October 2016, the court rejected Invenergy Wind's argument that the exercise of a put option voided Leaf's claim for breach of contract. The full value of Leaf's claim against Invenergy Wind, with interest but net of tax, is over 95 cents (72 pence) per share. This compares to Leaf's share price at 30 June 2017 of 37.5 pence and its latest available NAV per share at 31 December 2016, of 77.65 cents (58.8 pence). The Fund remains confident in the value underpinning the Invenergy Wind investment and that Leaf will successfully realise it. ''
flyfisher
17/5/2017
07:22
From the interims... "A third appraiser has been retained jointly by Leaf and Invenergy to value Leaf's interest in Invenergy. The third appraisal is expected to be completed in April 2017. Pursuant to the Operating Agreement, when that appraisal is complete, the average of the three appraisals should determine the price for Leaf's interest in Invenergy for the purposes of the put/call process." April has long since passed... Would have expected an RNS by now. Anyone heard anything else about this?
carcosa
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