Marechale Capital Share Discussion Threads

[still waiting] 14/7/2023 17:31

HNW money coming in ?

It’s like a who’s who of HNW shareholders here.

[bumpa33] 14/7/2023 16:38

commented ages ago that maybe this could end up being modelled like a modern day Durlacher - this time to the insurtech industry. Has to be a no brainer here at anything under the price Kenning paid.

[coley15] 14/7/2023 16:17

Hurrah - Now let's see what spiked Kennings interest

[still waiting] 14/7/2023 16:05

Nice to get in cheaper mind.

[bumpa33] 14/7/2023 16:01

gepetto - yes, that’s more like it I suspect. Don’t think Kenning is here for the current NAV opportunity!

[oliversydney] 14/7/2023 16:00

Surely this should be minimum of 2.25 that Kennings paid for his large investment

[tomboyb] 14/7/2023 15:39

500k buy -

Online limits slashed -

[still waiting] 14/7/2023 15:38

Nice buy, still way below what new guy paid.

[gepetto100] 14/7/2023 15:35

Bumpa - it could be about MAC underwriting Stubben Edges Fintech activities receiving stock in the companies it builds platforms for

[celeritas] 14/7/2023 14:43

There must be a delayed trade in the pipe, no stock about.

[bumpa33] 14/7/2023 13:19

I’ve been trying to join the dots on Chris Kennings investment and addition to the board of directors at MAC as, unlike Luke Johnson and Akers before him, he is not a serial investor. In fact I can’t find anything else he’s made a major investment in outside his Stubben Edge vehicle.

This is what Patrick Booth-Clibborn, CEO of Marechale Capital, said at the time of the RNS dated 28th June…

"We are delighted Chris is investing at a premium to our share price, having reviewed the value of our investment portfolio as well as joining our board. Following his
success at Stubben Edge he brings a number of new and innovative ideas from
digitalisation of Marechale's activities, to ramping up revenues through
strategic partnerships which could significantly enhance future shareholder
value."

I wonder if that has anything to do with this, interestingly reported just two weeks prior on the 14th June…



what MAC currently have in clients and investments - which aren’t exactly earth shattering - is perhaps not the rationale rather the business he’s intending to bring in. Otherwise I just can’t see where the appeal of Marechale lies for a man who - when you read about him - seems solely invested in growing the fintech business at Stubben Edge/Stubben Edge Capital - which he is doing very well by all accounts. He must see synergies. The mkt might be missing a trick here.

[still waiting] 14/7/2023 13:13

Up she goes, tight as a drum now.

[gepetto100] 14/7/2023 12:36

So Chris Kenning bought his 10 million shares at 2.25p. I'd say there's something in the offing apart from Burgh Island that's attractive to him. He brings allot of the digital, regulatory and technology platform experience in the financial services industry, so obviously views MAC as a vehicle from digitalisation and becoming more cutting edge in the industry

[still waiting] 14/7/2023 08:01

Looks close to a squeeze upwards.

[still waiting] 13/7/2023 12:01

3.6p NAV

So any new developments could catapult this way above where we are now.

[still waiting] 13/7/2023 11:23

Activity today

Mmmm

[1savvyinvestor] 13/7/2023 09:39

Looking at trades I reckon 1.66 were sells . Can get 1.66 for small amounts . Drops to 1.54 once you put any volume in . Hold tight!!

[oliversydney] 13/7/2023 09:19

Full ask being paid as no shares available so market makers will have to move the bid up

[1savvyinvestor] 13/7/2023 08:44

Yup. Willing to give me 1.51 for my 1.3 million shares . But you can barely buy anything even at 1.80