Member Info for akramms

They renew the Global Pharma contract, which is coming up for renewal again

https://twitter.com/search?q=%23pyc&src=typd

https://www.silive.com/news/2018/07/one_ny_wheel_investors_reason.html

Attention beginning to pickup, time for re-rate

Someone's buying in 100,000 / 200,000 chunks last few days, and still buying

Ticking up

MM's must Let this go sooner or later

This is the land for sale, Auction on Wednesday 9:00-11:00, followed by AGM at 11:00 by Clear Leisure.

https://www.astegiudiziarie.it/vendita-asta-terreno-albiano-d'ivrea-ragione-guadalungo-1522834#

Auction on Wednesday to sell Mediapolis Land, fund will go to CLP first

If it does not sell , land will be assigned to CLP

so WIN WIN to CLP either way

A colorful addition to the Dallas skyline is one step closer to becoming reality. Imagine a Dallas version of the London Eye - a bright observation wheel where you can look out for miles.

The Dallas Planning Commission is expected to approve a zoning change request Thursday from the developers who want to build a more than 500-foot-tall observation wheel, called the Texas Odyssey, along the Trinity River, south of Downtown Dallas.

The developers envision the Texas Odyssey as a tourist destination. Visitors would step inside of a climate-controlled gondola and go on a 38-minute ride around the wheel.

The undeveloped 7 acre site in question is in the 1500 block of S. Riverside Drive south of Interstate 35E and west of the fast-growing Cedars neighborhood.

500 Foot Tall 'Texas Odyssey' Planned to Go Up in Dallas
In addition to the wheel, which would be larger than the famous London Eye and more than twice the height of the iconic Texas Star Ferris wheel at Fair Park, the plans for the development include retail space, restaurants as well as a 1,000 car parking garage.

The official recommendation before the Planning Commission is that they accept the zoning change request.

If the development is given the necessary governmental approvals over the coming months, construction on the Texas Odyssey could begin in September 2019 and is expected to take approximately two years to complete.

VIDEO

Dallas' 'Texas Odyssey' Wheel One Step Closer to Reality

Planning Commission to consider zoning change request for massive 'observation wheel'

https://www.nbcdfw.com/news/business/Dallas-Texas-Odyssey-One-Step-Closer-to-Reality.html

U.S.2:30 markets open

Challenger jumps 11%

Code 1

Are we expecting news on wheel?

Not only own stake in Horsehill.

They also have shares in Alba

NEWS OUT

If Ruyi are investing at 3.5p each for 56%, they won't be selling at anything less. Meaning the share price would have to be 3.5p+ for them to get any of there investment back.

But the potential here is much greater for Ruyi and especially for Bagir.

Bagir now have large sum of cash to play with and have one of the top class clients in this area who they can use to out reach globally.

You are correct about twice as many shares in issues but I didn't focus on that because in technical terms this will not be dilutive to sharesholders as Ruyi are paying for 56% stake in Bagir for a premium at 3.5p share each. This is a premium to current SP so will not take share price down but instead move the price well up.

Bagir MC will increase 123%+ from £8.1 to £18.13m, I'm looking at the upside all the way

From the $16.5m investment, Ruyi have already given 2 x $1.65m (total $3.3m) to the company, they will finalise transaction before 31 Aug 2018

$16.5m - $3.3m = $13.2 cash still to be given to Bagir

$13.2m is equivalent to £10.03m at todays exchange.

Bagir current MC £8.1m

Before the end of August, Ruyi determined to finalise the investment giving Bagir MC £8.1 + £10.03 = £18.13m

This give a share price of 5.82p, an increase of 123+% and only have to wait less than 40 days.

Guys put a reasonable amount of money that you can afford and just chill between now and end of August.

This is only going in one direction.

The land asset value is worth between £2.34m-£3.46m

First charge to CLP is £2.4m

If land sells, they get cash, if land is assigned they get the land asset. its a WIN WIN

The first charge to CLP is Eur2.68 (£2.4m)

Auction set for 25 July 2018, 5 days away. This auction does not include the villas owned by Mediapolis in Sardinia.

Surveyor had assigned a valuation of EUR3.86m (£3.46m) to the land. However, the auctioneer has fixed the base price for the auction at EUR2.61 (£2.34m)

Assuming land is sold at base price EUR2.61 (£2.34m), CLP will recover Cash of over 90%, of their £2.4m first charge.

If land is sold for more, which is obviously better for CLP they can recover 100% of their first charge in cash of £2.4m.

Plus any additional funds can clear any creditors below the first charge. Making way for CLP to recover what they are owed on the creditors list too, which is EUR8.21m (£7.35m)

Total Owed to CLP: £2.4m + £7.35m = £9.75m

Current Market Cap of Clear Leisure (CLP) is £4.2m, share price 0.825p

If first charge amount is recovered, which is highly likely at auction, share price 55%+ up to CLP

If they can recover all that is owed £9.75m, then 230%+ up to CLP

Trying to BUY

seems to be in NT

https://oilprice.com/Energy/Crude-Oil/Oil-Investors-Look-To-Utah-For-Long-Term-Riches.html