Marechale Capital Share Discussion Threads

[treacle32] 08/7/2015 17:12

Oi trout - Last sell under bid now at 4.50p in CCE. Completely contrast to how market makers operating in MAC. No post from you on your CCE today. Seems another down day there tomorrow with MMs offering much less than screen bid.

[treacle32] 08/7/2015 15:47

Nearly all small caps affected with wider market maliase from Greece etc yet MAC has stood rock solid for next breakout. Maybe the only small cap where the MMs are offering massive premiums of over mid to get their hands on more stock. All great signs imo.

Zak Mir provided yet more coverage recently of 4p target which I think will be well surpassed because it should be on big news. And got mentioned as 10 bagger potential on Friday night via the ADVFN podcast.

[treacle32] 08/7/2015 11:20

Big drop just happened in CCE trout - Karma...serves you right.

Better you sell that dog whilst you can get something and buy here.

Big dump in CCE....350K at 4.76p. Is that you selling to buy here?

[treacle32] 08/7/2015 10:40

The fact you watching this stock more than your dog CCE says it all about your evil intentions to get your big holding cheaply before news hits.

[treacle32] 08/7/2015 10:39

Price still stable despite numerous bashers.....

Doesn't look like you slept much trout. I've just woken up and got my good 8 hours sleep.

You've still not got even 1 poster to sell...common mate MMs are offering well over mid.

[tipjunkie] 08/7/2015 09:27

great to hear both points of view imo chaps so keep up the debate

[trilby4] 08/7/2015 09:07

Trout thanks for reasoned replies. Treacle must be delusional. share price unchanged and no follow through. A lot of hot air.

[troutisout] 08/7/2015 08:42

I think your posts say more about you.....

No reasoned argument to my posts, suggests you have none and that the pump and dump has been found wanting.

[troutisout] 08/7/2015 01:05

Cast out the bait, but didn't expect a bite until later in the morning though...

Not got any answers though who was the investor and when did it go 7.5p intraday???


PS. do you mean 'residential' or is it some weird message to a postal dentist?

[treacle32] 08/7/2015 01:00

I'm going to bed with my dream of MAC giving me another 10 bagger.

Night trout - don't let the MAC bed bugs bite and give you restless sleep.

[treacle32] 07/7/2015 21:29

Zak Mir covered this again recently hinting at 4p just on charts having been analysing since 1.60p. But imo 4p will be well surpassed because the rise will be on news.

Trout - your dog CCE doesn't even get a mention ever.

[treacle32] 07/7/2015 21:22

The price went up to 7.50p intraday previously because someone bought a 3% stake - another trout mistake in his bashing post from weekend. Happens when idiots come with a sole purpose. Idiot looked at the chart and saw 6p and shows how much he knows.

Market makers still offering over mid-price for stock - what do they know. In contrast lucky to dump at bid in that dog CCE.

[treacle32] 07/7/2015 21:22

troutisout
7 Jul'15 - 21:11 - 1228 of 1228 0 0 (Filtered)

Can't buy any with your cash stuck in that dog CCE. I bet MAC from this price goes beyond 10 and 20p despite CCE being at 5p which has no chance ever of crossing even 10p.

Can't keep eyes off MAC. Bet came to deramp so he can buy in before others cheaply and I bet that's what he'll do.

10 Bagger Potential to 25p for starters - not my words and justification provided.

[troutisout] 07/7/2015 21:11

1. Marechale's underlying business always seems to match income with payouts to associates and financiers leaving the results showing a small loss or small profit each time, this hasn't changed over the past couple of years (even with big deals going through).
2. Everyone is looking for acquisitions and mergers, especially those that struggle to turn a profit, without growth from underlying business they need to look at acquisitions to try and please the market.
3. Interim report states this,

"Northfield's future value is dependent on its sites securing planning permission and then being either developed or sold. It is true to say that it is becoming increasingly difficult to do this owing to the decreasing political support for such solar PV schemes and uncertainty over current CFD pricing."

So they admit the large scale solar is difficult now, but also that they would consider selling after planning permission is granted, that wasn't the plan.

4. There is always this as well,

"The business of Northfield is still relatively early stage with planning permissions and grid connections for the various sites yet to be secured; while the closing of this fundraising represents a positive development for Northfield and for Marechale, there remains a high degree of uncertainty over the future realisable value of the Company's shareholding in Northfield which is unquoted."

There doesn't seem to be any way for MAC to actually realise any money from Northfield gaining permissions and/or building out sites. Yes their carrying value would appreciate but that will not be taken into account unless they are able to monetise it when they want to.

5. These sites are due to be built using money raised from funds, financiers, etc. This will be done at attractive rates to get the finance onside and they will be paid interest, etc. So how many years before they have been paid off? What is left, these sites have a finite lifetime. The land isn't owned by Northfield they lease it from the landowner.

So how long before MAC actually make anything from these sites, after 25 years the asset will no longer exist, so just having part of the asset value on it's books isn't that great. The profits will be made by those that lend the money to develop the sites not shareholders in a company that has gained a minority stake by raising some finance.

The above two quotes are from the Company, not me....

Before you go into one treacle, I am in no way jealous, I warned people before, when Tara was pumping it and you have arrived to re-use the ramps to pump and dump this again.
As for the ten bagger tip comment, you didn't look at the previous companies 'tipped' (as you say), as CCE was down there from a few weeks back, I took that with a pinch of salt as well. It is just what someone on ADVFN BB has posted and we know most of them are ramping their own book.

[treacle32] 07/7/2015 19:41

The normanton appeal site has already secured grid connections - refer to old results. And developments remain in the background on the below too. Re-iterated last summer. 2nd round of funding was completed for a "higher implied valuation" so I would assume the 3rd round of funding in March this year would have been the same. Just shows how the big players involved are throwing big bucks into Northfield at even higher implied valuations and hence forth MAC's stake remains pretty much as it is.

"Marechale is quoted on the London Stock Exchange as an AIM listed company and continues to look at a number of potentially interesting acquisitions, investment and merger opportunities, particularly in fund management, and remains open to such approaches. However, none has been progressed to date".

Mkt Cap - Just 1.40m

1. Underlying business continues growing with bigger deals and last 2 deals completed for over £10m funding which must mean more of a cut for MAC
2. Looking at acquisitions and mergers in fund management. Just an RTO in here and the mkt cap will go through the roof
3. Solar developments with Northfield on 2 sites thus far with plenty more to follow. The mkt cap will go through the roof with these too.

There are companies on AIM with not even a business trading at more than the current mkt cap of MAC.