Better Capital Pcc Share Discussion Threads

[ukinvestor220] 11/9/2010 14:36

eggs in basket ??

[fjp73] 11/9/2010 13:49

Yay! I thought I was the only PI on the boards with an investment here.

I have my entire SIPP in this, I don't / wont be relying on my pension, but I do value this company / expertise. Remember, if the board depart so does the knowledge, Gartmore were similar...However, I don't envisage it, it still has to be accepted as a risk. This will be a slow road, but all the same a very interesting one!

ATB Fraser

[future financier] 16/8/2010 14:08

I have enormous repect for his track record - but having recently looked at one of less successful investments (as it was about to go into administration)I know that he is human and does make mistakes. Like most VCs he believes he can move into markets that he knows little about at the outset - and rely on "industry specialists" to advise on the nitty gritty. And sometimes he gets it wrong!

[jimbo55] 10/4/2010 14:58

Think we just need to have faith in Moulton's judgement santori. Speaking for myself, I would not be here were it not for his reputation. ;)

[utsushi] 10/4/2010 12:17

Liked the Gardner 'aerospace component' acquisition, not sure about Readers Digest one, some similarities to Sam Zell's purchase of the Tribune Company- hope it does not go the same way.

[jimbo55] 09/4/2010 17:28

Won't post the RNS here, but did anybody notice today's acquisition? Interesting... I wonder how Moulton's going to re-inject life back into the Readers Digest? I look forward to finding out; I'm sure it will be a pleasant surprise in the fullness of time. ;)

[investinggarden] 01/2/2010 10:29

Better Capital plans first deal

[goz1986] 25/1/2010 15:23

keep on going down my little lovely I want you at a discount! I feel that a discount really is not off the cards if the Market recedes to 5000 or below and when that happens I will be in like a shot and sitting tight for a few years!

[jimbo55] 22/1/2010 17:13

I'd suspect private and public companies with a sub 100 million market cap, given their premise to not invest more than £30 million (think I read that in one of the related newspaper articles) per company. Obviously, the companies they invest in and restructure will be in some kind of financial trouble, but have a business model that's not beyond redemption.

In terms of specific companies, I've no idea

[philipm2] 08/1/2010 09:15

Goz, you're quite right this could be a cracker in a few years and with some heavyweight investors already in and should motor once the first purchase is made.

Any idea what co's they may target?

[goz1986] 26/12/2009 12:44

running at a 10% above value. i think I will wait a while for this to either register at a discount or be evens or there abouts.... others opinions?

[goz1986] 24/12/2009 14:42

just atarting to look into this after seeing some hot shot iis gettting involved....
Also Jon Moulton has a savage record with alchemy. I heard him talk about how other private equity firms will take longer to harvest returns because of course they bought in the bubble but with better cap this wont be a problem as it has only just been floated etc... Really could be a cracker in a few years.

[ukinvestor220] 21/12/2009 17:57

John Moulton's new vehicle









17 December 2009
Better Capital Limited
First day of dealings
Better Capital Limited (the "Company") is pleased to announce that it has raised gross proceeds of £142.4 million by placing 142.4 million ordinary shares of no par value each ("Shares") with investors at the Placing Price of £1.00 per Share. Following completion of the Placing, the Company's estimated unaudited Net Asset Value per Share will be 97.5 pence.
The Company is a newly established limited liability, closed-ended investment company, with the investment objective of generating attractive total returns from investing in a portfolio of distressed businesses, such returns being expected to be from capital growth.
Through the Placing, certain of the Directors and the managing members of Better Capital LLP (the "Consultant") are making investments in the Company. Specifically with regard to the latter, Jon Moulton is investing £15 million, Mark Aldridge is investing £150,000 and Nick Sanders is investing £200,000 through a family trust.
The Company has applied for a total of 142,400,000 Shares to be admitted to trading on AIM at 8.00am today. Better Capital Limited will trade under the symbol BCAP. Numis Securities Limited is acting as Nominated Adviser and broker to the Company.
Placing statistics:
Placing Price £1.00
Number of Placing Shares 142.4 million
Number of Shares in issue following the Placing 142.4 million
Market capitalisation of the Company at the Placing Price £142.4 million
Gross proceeds of the Placing £142.4 million
Estimated net proceeds of the Placing £138.8 million
Estimated initial Net Asset Value per Share (unaudited) 97.5 pence