Monchhichi Share Discussion Threads

[tidy 2] 28/10/2016 16:08

Strong chance of deal news next week

[tidy 2] 28/10/2016 15:43

Circa £13m in bank warrants sold above 18p no debt and two main investments in coal 90m tonnes 28% and mobile wireless comms 16% with further proven advanced specialist investments coming

[tidy 2] 28/10/2016 15:20

Read the RNS again slowly

[tidy 2] 28/10/2016 14:27

And just £500

[tidy 2] 28/10/2016 14:24

They want full ask for just 1k

[tidy 2] 28/10/2016 13:26

Yes can sell 100k above Bid

[scotty666] 28/10/2016 13:24

Its going to pop back up soon I am fairly sure, Im bid 14.3 for 150k shares !!

[tidy 2] 28/10/2016 12:33

Calvet assistance ctag reach a £64m Mcap but they seem more interested here.

[scotty666] 28/10/2016 11:59

Its clear at some point the price will shift, the potential warrants and finalization of cash raise are just tipping sentiment down right now.
Expecting a "ping" effect at some point :)

[tidy 2] 28/10/2016 11:53

Maybe more with the current shares in issue.

[tidy 2] 28/10/2016 11:48

If they bought £11.7m on the open market we'd be at something like 50p

[scotty666] 28/10/2016 11:43

Not even £1M imo.

[on target] 28/10/2016 11:31

How many £m worth do you think they could buy at 14/15p?

[tidy 2] 28/10/2016 09:38

Calvet are making it clear. They want Mcc. £11.7m at 18p premium is better than discounted. Remember calvet approached Mcc

[goodbloke1] 28/10/2016 09:17

Looks an excellent investment if it is executed but what is the downside if there is s change of mind?

[tidy 2] 27/10/2016 15:31

Following receipt of the Exercise Notice Company will issue 2,850,000 new Ordinary Shares (the "Warrant Exercise"). The Company has received GBP142,500 as proceeds of the Warrant Exercise.The Ordinary Shares have been admitted to trading on AIM as part of the block admission announced on 20 July 2016.More cash in bank tho

[on target] 27/10/2016 15:10

Now we know where the selling is coming from - 5p warrant holders from the placing in July cashing in.

[tidy 2] 27/10/2016 14:58

100k delayed buy

[tidy 2] 27/10/2016 14:53

@MikeMikemufc @VoxPodcast @VOXmarkets MCC said the non-binding agreed deal with Calvet will include a cash fund approx £11.7 million at 18pSitting on the 8EMA now

[tidy 2] 27/10/2016 13:37

Morning starLONDON (Alliance News) - Mercom Capital PLC said Thursday the terms of its fundraising with Calvet International Ltd include a name change, the appointment of a new executive chairman and the adoption of a new investing policy.Mercom said the non-binding agreed deal with Calvet will include a cash fundraising of approximately GBP11.7 million at 18 pence a share with a small number of institutional investors, combined with the issue of out-of-the-money stock warrants on a basis of one warrant for two shares. Calvet holds a stake of around 12.3% in Mercom.Shares in Mercom were down 2.4% at 14.64 pence Thursday.If agreed, Mercom would change its name to Monchhichi PLC and adopt a new investing policy to invest in industry-proven technology, media and internet businesses. The company also would appoint Simon Fry as executive chairman and Jean Pascal Tranie as senior non-executive director of the company.Fry is the sole investment adviser to Calvet and was previously responsible for European debt and equity capital markets at Nomura International, as well as senior partner in TechPacific Capital Ltd, a Hong Kong-listed technology incubator.Tranie is president and chairman of Aloe Private Equity SAS, a European-based company which focuses on China and India. He was previously part of the senior management of French media firm Vivendi SA.The resolutions are set to be put to shareholders at a general meeting, which has been adjourned until further notice.By Adam Clark; [e-mail] 2016 Alliance News Limited. All Rights Reserved.