Member Info for LtdAxis

You would have been robbed if you had!

I don’t think it’s sinister. It’s happened before. Just needs someone to turn it back on at the switch .

Beat me to it RKB! I look forward to hearing your thoughts on Forcrowd.

As someone once said (might even have been you Easy) the only 'true value' here is not 'knowing' what the true value is. As long as enough people remain interested in a 'potential' value here then it can be traded on ebbs and flows of sentiment (albeit extremely riskily), regardless of what truth there is behind the assessment that it does have value...or not. Even a highly qualified financial person would have difficulty making head or tail of CLP and its subsidiaries and would be able to assess whether there is any real value.

One can make a judgement that the low share price reflects the fact that there are more that think there is little or no value, compared to the number that think there is, truly or spuriously. For trading the range 0.2 to 0.3 is no different to 0.6 to 0.9 or 0.8 to 1.2p, although the spread is generally too wide to give this a second glance right now.

My platform is HL and this share remains suspended on there so I couldn't even put in a buy order if I wanted, but as I said the other day, anything 0.18 to 0.2 might tempt me, as would some more positive news.

Is listed on companies house as a dormant company, but in note 15. of clear leisure’s recent accounts is listed as ‘trading’ with assets of €36,235,000.
Comprehensive accounts are not available for CL17 so I presume these stated ‘assets’ are the historical claims?

The same note states that Brainspark liabilities are €669,000 and yet brainsparks own accounts show liabilities of circa €36 million .

I am not an accountant ;)

Do we know whether the B4tech campaign was cancelled ? It raised 20% of its €250k target.
Meta wellness has 1 week to go . It’s so far raised €400 out of a maximum target of €1.5m , so we should be able to clear €4 of eufingest debt by the time the recent rescheduling ends .
Forcrowd own 6.15% of CLP.

One thing is have learnt ( the ling hard way) is when you’re up ...SELL. Yet again I was thousands up and didn’t. Fortunately I had stoops in so I made a few hundred quid on 1.3 m. I now have orders in around 0.85 which is where I got in before and is where I judge the buy point for the longer term( same as before).
Those that used their heads not their heart made thousands here recently .
If you hold long term at +1.75 then it’s hard to break out and risk trading , but it’s clear that to have sold at 1.5 and got back in at 1p
would have paid dividends , even if to cut eventual losses .
It’s a hard fail on AIM. I’ve traded GLEN and TlW this week to some success . This evening I’m back out of both and wondering how much to put back in here . It’s very hard to judge .

But you never know .

Yes, I agree that they are probably set too low .

Krakatoa remains dormant then Timmit!
HL still won’t allow trading or even to set buy orders. I would set my limit at 0.18/0.2 to buy

They were buys Mike ;)

Yes I agree! Good luck :)

If I said that I’d be slated and called bitter and twisted . ( I’m not saying that of you btw!)

Good afternoon RKB

You are correct, I have not as yet gone over the accounts in any detail and I I apologise for my rather flippant posting of the NAV decrease. The accounts are of course brimming with wonderful news which will bring great joy to all who are invested here .

I just haven’t found it yet ;)

..down by 590% according to the accounts ???

Steve: my post after the RnS was not a put down. I agreed with FG that appointing an independent expert is probably a positive bearing in mind their track record in the Italian courts . My guess at the ‘expert’ awarding half of the original claim value may be conservative or generous . I don’t think the result will be known for a few weeks.
I don’t think this share has any overall value as a long term hold, so is only worth trading on the ebb and flow of sentiment . I had orders to buy back 1.5m @0.27 and 1.5m @0.25. I cancelled the 0.27 order as the price drifted and the other has since expired. All this is on the record in my posts as is the fact I have no current holding.
I will judge any future moves on what the accounts say ( or do not say) when released next week and also a “guess” on the claim result.

For the record I am not a shorter. Also for the record I have stated here, or on the other board, that I expect CLP to be successful regarding the SIPIEM claim but that I expected the mediaplois claim to be abandoned , which is now almost certain after the courts rejection.
Also for the record I have for years argued that rather than speculate on all these millions that are supposed to come flooding in ( I think 60million shell company was once touted) that the most important figure is what is left after clearing debts and the costs of recovery .
I think after all the costs of propping up mediapolis to unsuccessfully avoid liquidation and pursuing the legal battles over the land etc the final result of €1.8m ( less these costs) is hardly a win win which a certain poster long maintained , and all that has since gone to pay down eufingest.
The same narrative about there being something ‘up their sleeve’ has since been directed at the sipiem claim . Clp can get a max of €7.5m and I have personally guessed nearer €4 m, most of which again will go to pay off eufingest.
I can’t personally see anything beyond that that holds any great value. I respect that RKB thinks otherwise so I will await with interest as to what that may be .

Would that apply to CLP not mentioning Forcrowd, Geosim and their new ‘venture’ as mentioned in the previous update?

I have never reported anyone RKB. Just giving my view, which I know is different from yours. I don’t think I’m saying anything controversial .

I agree with FG that this is probably positive as the Italian court system has never, on its own , looked on CLP favourably .
I expect however they may at best split the difference, so CLP would get 70% of around €5.3m ( after costs) , which would leave a couple of hundred grand spare after paying off eufingest.. this would leave about 0.05p cash plus the value of the new ventures and any other smaller claims such as sosushi as a best guess at the share price.... in my opinion .