Mxc Capital Share Discussion Threads

[suneday] 10/4/2018 15:39

You keep going. Good job.

[chimers] 10/4/2018 15:33

I told you EXACTLY what would be happening here.

AND SO FAR..........


Everything I said would be happening has HAPPENED EXACTLY AS I SAID IT WOULD.

Suck it up.

Theres a lot more to come.

By backreading my posts you will find out EXACTLY whats coming.
And how.

[suneday] 10/4/2018 15:30

Same corner would perhaps be handy. Though on second thoughts.........

[chimers] 10/4/2018 15:19

These 2 guys have set up the new holding company alongside Ian Smith and Tony Weaver.

MXCP holds 50% of the company and Liberty Global the other 50%


These guys are not lightweights.

From Liberty Global in the blue corner...

Andrea Salvato Senior Vice President and Chief Development Officer........ Andrea Salvato is Senior Vice President and Chief Development Officer for Liberty Global plc. In this capacity, he is responsible for overseeing the Company's mergers and acquisitions and business development activities and is based in the Company's London office. Mr. Salvato is an executive officer of Liberty Global and sits on the Company's Executive Management Committee. Mr. Salvato joined Liberty Global in July 2005 as Managing Director, Corporate Development with responsibility for managing the Company's mergers and acquisitions activity. Before joining Liberty Global, Mr. Salvato was a Managing Director at JPMorgan Chase's investment banking division where he focused on advising telecommunications and media clients, including the predecessor of our subsidiary Liberty Global Europe. Prior to JPMorgan Chase, Mr. Salvato held roles at the European Bank for Reconstruction and Development (London) and Bain and Company (London). Mr. Salvato received an honors degree in Chemistry from the University of Bristol and is a former Courtaulds Chemistry Scholar.

And from Virgin Media in the Red corner...

Peter Kelly Managing Director, Virgin Media Business Peter has been Managing Director of Virgin Media Business since 2013, bringing with him over 20 years of experience in the B2B technology industry. He was Enterprise Director at Vodafone UK for 5 years where he oversaw the acquisition of Cable and Wireless, as well as driving fixed telecoms, mobile, and IT services to all sectors; small and medium businesses, multi-national enterprises, and public sector. Prior to this Peter was President of Enterprise EMEA at Nortel for 17 years where he was responsible for a $1bn enterprise business across 30 countries. He started his career at GEC Plessey Telecommunications.

[chimers] 10/4/2018 15:12

Currently a 9p share price would give MXCP a mkt cap of around £302m

This would be quite achievable and reasonable in the not too distant.

Their new partners have deep pockets and always get what they want.

Interesting fact...John Malone the big cheese at Liberty Global is the biggest landowner in the USA.

[chimers] 10/4/2018 15:10

Liberty Global and MXC have been in talks over the venture for a number of months and have identified a list of targets to build a substantial player in the market for small business telecoms and technology service providers.

Virgin Media is a significant player in the business-to-business market, with a particular focus on small and medium-sized enterprises, and has made numerous attempts to expand its business.

Liberty Global owns Virgin Media.

[chimers] 10/4/2018 12:02

You have a small window of opportunity here to make a fortune.
This will fly once the new buy and build begins.
Which its about too!!

[chimers] 10/4/2018 10:47

DYK that Berkshire Hathaway are the largest holders in Liberty Global.
And Bill Gates foundation (the one he had to add his wife's name too for PC reasons no other)is also a large holder.
Malone is the largest landowner of land in the USA.

Just sayin...........

[chimers] 10/4/2018 10:40

Chimers12 Mar '18 - 14:32 - 3966 of 4109 Edit
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Gosh.............its all starting to happen!!

AND...............

Happen the "EXACT" way I said it would.

Its as if................;)

CTP clearing the decks and MXC agreeing to cancel the evergreens (who wants to buy a company that has evergreens outstanding)

£1.6m straight into MXCP coffers and another 25% of CTP sale value which currently would be about £13m "CASH"
Of course they might just offload their 25% to an investor and CTP remain listed.
WHO CARES.

Either way MXCP are raising CASH!!!

They have other assets as well

[chimers] 10/4/2018 10:38

Clue.................

"We are delighted that Ravenscroft has chosen MXC as its partner for this Guernsey Investment Fund. Our appointment allows us to apply our investment expertise to drive capital growth for shareholders of both MXC and the GIF. MXC will receive management and performance fees, further leveraging our capital. This is an exciting development for MXC, coming as it does so quickly after the establishment last November of our joint venture with Liberty Global."

[chimers] 10/4/2018 10:21

MXC Capital Limited (AIM: MXCP) announces that on 9 April 2018 it sold 660,000 ordinary shares of 2 pence each in the capital of Castleton Technology plc ("Castleton") ("Castleton Shares"), at a price of 75.848 pence per Castleton Share (the "Sale Price") (the "Sale").

Following the Sale, MXC holds 19,361,211 Castleton Shares, representing 24.5% of its issued share capital.

Valuing MXC's pre-Sale holding of 20,021,211 Castleton Shares at the Sale Price and taking into account the proceeds of £1.66 million from the recent option exercise as announced on 21 February 2018, this would represent a 3.0x return for MXC on its cost of investment in Castleton.

Castleton Technology plc ("Castleton") is a leading supplier of complementary software and managed services to the public and not-for-profit sectors listed on the AIM market of the London Stock Exchange. Further details about Castleton (including latest financial reports) are available at www.castletonplc.com.

The proceeds of the Sale will be used in line with MXC's stated strategy of investing in technology companies.

[chimers] 10/4/2018 10:20

Chimers17 Mar '18 - 09:43 - 4040 of 4101 Edit
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MXCP have some cash ok.
Let's be conservative and call it £5m
They have warrants in RCN which could become instant cash if a certain deal is done.
They have CTP ............. it's getting dumped.
They have the ability to raise funds like they have always done via loan/equity deals and projected payments.

And.................THEY HAVE THE £40M GUERNSEY FUND....which ahem..........they are advising.

Hmmmmm I wonder what their advice will be!!?................not.

[chimers] 10/4/2018 10:17

THE FT (who I am in discussions with re another matter)

Liberty Global has formed a joint venture with one of the UK’s most acquisitive telecoms investors, as it looks to boost the growth prospects of its Virgin Media business unit.

The cable company controlled by John Malone has formed an acquisition vehicle with MXC Capital with a view to acquiring small technology and telecoms companies and building a larger business. If successful, the new group could be folded into Virgin Media’s business operations at a later date, according to a person with knowledge of the plans.

Both companies declined to comment on the deal.

MXC has bought and sold 90 UK technology and telecoms companies in the past 15 years, including parts of Redstone, a telecoms company specialising in large properties such as Westfield shopping centre in London, and marketing company 2ergo. The company will take operational control of MXLG Acquisitions, the newly formed joint venture.

Liberty Global and MXC have been in talks over the venture for a number of months and have identified a list of targets to build a substantial player in the market for small business telecoms and technology service providers.

Virgin Media is a significant player in the business-to-business market, with a particular focus on small and medium-sized enterprises, and has made numerous attempts to expand its business.

It held talks with Daisy Group, the small-cap telecoms specialist, about a £500m acquisition in 2014 but did not bid for the company. The deal would have been Liberty Global’s biggest UK acquisition since it paid $23.3bn for Virgin Media in 2013.

Daisy, which has been reported to be considering an initial public offering in 2018, has rolled up dozens of smaller companies and merged with Alternative Networks, another small-cap telecoms specialist, last year.

[chimers] 10/4/2018 10:16

MXCP has from memory a £5m banking facility which can be extended I have no doubt.
They have assets to borrow on.
They have large equity stakes invested.
They have warrants.
They have management fees.
They have a MULTI BILLIONAIRE UNCLE ... called Liberty Global.
They have been given the job of investing some islanders dosh... £40m of it!!
Smith and Weaver have a long ....very long history of structuring deals with borrowings and equity and performance related delayed payments and deferred loans.

Why would they change tactics now?
They wont.

[chimers] 10/4/2018 10:13

Chimers17 Mar '18 - 09:43 - 4040 of 4101 Edit
0 5 1
MXCP have some cash ok.
Let's be conservative and call it £5m
They have warrants in RCN which could become instant cash if a certain deal is done.
They have CTP ............. it's getting dumped.
They have the ability to raise funds like they have always done via loan/equity deals and projected payments.

And.................THEY HAVE THE £40M GUERNSEY FUND....which ahem..........they are advising.

Hmmmmm I wonder what their advice will be!!?................not.

[chimers] 10/4/2018 09:14

Just saying.

[chimers] 10/4/2018 09:14

Its begun.