Clear Leisure plc is an AIM listed investment company pursuing a dynamic strategy to create a comprehensive portfolio of companies within the leisure sector and its broader associated industries.

Clear Leisure is headquartered in London with the majority of its operations located within Italy. Clear Leisure's core assets, where the Company owns a majority controlling stake, include a leading Italian hotel management company (Ora Hotels), Italy's largest sushi restaurant chain (Sosushi), Italy's most successful water theme park (Ondaland), and a 670,000 sq m (165 acres) tract of real estate, which has been approved for the development of a major theme park, hotel, shopping complex and commercial activities (Mediapolis).

Clear Leisure's investing strategy allows it to be either a passive or active investor and the Company's investment rationale ranges from acquiring minority positions with strategic influence through to larger controlling positions. It is usual for one or more members of the Clear Leisure board to take a seat on the board of the investee companies.
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Low market cap 2,52M
210,409,377 Ordinary Shares
26M shares in the free float
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Major Shareholders on 6th May 2014
EUFINGEST S.A. 27.6%
ALFREDO VILLA 14.2%
LUKE JOHNSON 12.5%
LYNCHWOOD NOMINEES LIMITED 10.0%
HSBC GLOBAL CUSTODY NOMINEE (UK) LTD 9.2%
COFIRCONT COMPAGNIA FIDUCIARIA 7.5%
RELGILCO SRL 6.3%

CLP, Clear Leisure lodged two claims a claim for damages for up to EUR 39’650’000 against Regione Piemonte - 30th May 2015

Further to the announcement of 12 January 2015, the Company is pleased to
announce that at the Annual General Meeting of Mediapolis S.p.A ("Mediapolis")
held on 26 January 2015, shareholders approved Mediapolis' unaudited annual
report and financial statements for the year ended 31 December 2014 which have
subsequently been filed.

In these financial statements, Mediapolis reported a profit before tax of EUR
7'425'326 and net shareholder equity (net of the all Mediapolis debts) of EUR
24'346'116. As a result of its recent subscription, Clear Leisure has an
interest in Mediapolis of 82.4 per cent.

Whilst Mediapolis's accounts have been approved by the shareholders, the
accounts were not subject to an audit as Mediapolis is a privately held
company. In order to assist with the preparation of Clear Leisure's report and
accounts for period ending 31 December 2014, Mediapolis has appointed
Audirevi-Nexia, a Milan based Auditor which has commenced the process.

The Company further announces that, on 28 January 2015, Mediapolis formally
lodged two claims a claim for damages for up to EUR 39'650'000 against Regione
Piemonte as a result of unacceptable delays in obtaining specific building
permits from 1999 to present.

The Company advises that, for prudent accounting procedures, no value was
attributed to the claim for damages against Regione Piemonte in Mediapolis'
annual report and financial statements.

The Company will keep the market appraised of future developments.

Some large buying trades on now 100K and 250K, and the share price does the same

Clear Leisure Plc / CLP
https://www.voxmarkets.co.uk/company/CLP/

Westhouse “there is no longer intermittent technical overhang which will now benefit investors” close the gap with 12.14p asset value.

Some TA

from directors talk

CLP, Clear Leisure – Special Situation with huge upside - 8th June 2015

CLP has made a proposal to restructure Mediapolis debt and this has recently been well received by the courts so looks promising. This announcement values the company at €23.6m.
But they have also had two cash offers for the company (finally!) for €20m (£16.5m). I don’t think it’s unfair to take this as the value given the two offers, so CLP’s stake is worth £11.5m.

looks good (imho) Been in a few weeks now..just waiting for the action to start!

1.25p = ( 1.20 v 1.30p )

Prices paid for good size trade indicates some interest on the share today

not yet movement on the share price, though level2 is lively and gone positive since and the paying price is close to full ask

time to move forward after the pause

but told alfredo wants his 5 yearly 10 bagger to buy his new ferrari...times about right

undervalued stock imo

June 2015 newsflash:

'Clear Leisure Plc ,Thomas Cook Group plc (“Thomas Cook”) and the Company’s 73.43 per cent. owned Italian hotel management company, ORH SpA. have signed an important agreement on the Watamu Bay Resort Hotel in Kenya. Thomas Cook, one of the world’s biggest tour operators, will be entitled to the exclusive booking rights in all main European markets for the Watamu Bay Resort Hotel, one of the hotels managed by ORH SpA.

Commercialisation of the hotel will be through all European Thomas Cook brands and the exclusivity agreement.

This important first step for the Ora Hotels brand, to sell its holidays outside its home market of Italy, shows the quality of the holiday products sold by ORH and is the start of its strategy to enlarge the customer base for Ora Hotels across Europe.'

Has finally moved up
price 1.325 Bid: 1.30 Ask: 1.35 Change: 0.075 (+6.00%)

a few trades since

onwards & upwards ;

British bulls gives a BUY signal tonight

CLP.L CLEAR LEISURE
Last Signal:BUY
Last Pattern:BULLISH HARAMI CROSS

Signals
Signal Update Our system’s recommendation today is to BUY. The BULLISH HARAMI CROSS pattern finally received a confirmation because the prices crossed above the confirmation level which was at 1.2750

Pattern Description
This is a major bullish reversal pattern, which is even more significant than a regular Bullish Harami.

Recognition Criteria
1. The market is characterized by a prevailing downtrend.
2. A black body is observed on the first day.
3. The Doji that is formed on the second day is completely engulfed by the body of the first day.

Pattern Requirements and Flexibility
The Bullish Harami Cross consists of two candlesticks, in which the body of the first black candlestick engulfs the body of the following Doji. The body of the first candlestick may be short.

mentor..i thought ora hotels went bust?

Earlier profit taking has got some to buy cheaper and now is at best of the day 1.45 v 1.50p

onwards & upwards

1.60p + 0.125p (+8.47%)

finally they let her go
It took 3 X250k buys to finished the MM on the ask, but 1.7M buys to move the stock. ( MMs size is 50K )

certainly that is too much though i suspect as the large buy orders are finished, the share price will move up a bit more free

Another volume day with the rise

Clear Leisure Plc (AIM: CLP) A best case of 10p per share

Having found this valuation of CLP , pretty close to mine , I have updated .
Neither of us include ORH court case , perhaps £1 million .
My estimate does not include value for SOsushi , a rare profitable CLP venture ( thus far) .


What is it worth ?

Alfredo Villa, CEO " The current Net Asset Value per share in the financial statements is 7 pence per share ".

Of course this is after write downs and without the £32 million pound claim result .
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A best case of 10p per share seems pretty reasonable .
Of course there are risks .
But , this has many hallmarks of many shares that are momentum driven .
A great opportunity to make yourself comfortable .
I shall be giving Alf this final chance to rectify past errors .

And May


Operational Assets

Name Stake Division

Sipiem 50.16% Theme Parks £6 million

You Can Group /SOSushi 100% Restaurants £3 million

Ascend Capital 10.0% Finance

Investments for Sale

Name Stake Division

Mediapolis S.p.A. 69.45% Leisure / Real Estate £22 million ?

Bibop 67.12% Interactive Media £1.5 million

Geosim 8.9% Interactive Media £80,000

NAV per Clear Leisure shares:
Based on the figures presented in the Mediapolis restructuring “Concordato in Continuità” plan, the value of Clear Leisure’s Mediapolis stake, based on a 69.45 per cent. ownership and on 199,409,377 shares is the following:
Based on Mediapolis’s Certified NAV: 6 pence per share
Based on the EUR 20 million offer for Clear Leisure’s Mediapolis stake: 3.35 pence per share

Yep, all looking good,,, I'm staying in!