Mxc Capital Share Discussion Threads

[chimers] 25/4/2018 11:08

Loose lips sinks sh.............makes me rich.

[chimers] 25/4/2018 11:07

Our next targets are lined up and waiting approval.
You heard it here first as usual.

[chimers] 25/4/2018 11:06

I am saying 40% of MXCP's current mkt cap is CTP alone.
We have Tax Systems
Adept4 (must be worth something for the furniture?)
IDE undervalued and going to be re rated.
CASH.
Several unlisted investments
And MXLG.
We manage the Guernsey fund.

MXLG is being scaled up to circa £100m-£500m

We get 50% PLUS FEES.

[suneday] 25/4/2018 10:59

So you are saying the warrants remain, unconverted. Have it your way if it makes you feel better.

[chimers] 25/4/2018 10:53

Options are not warrants.
But either way their CTP holding is worth around 40% of MXCP's mkt cap.

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.

[suneday] 25/4/2018 09:54

MXC - "MXC Capital Limited (AIM: MXCP) announces that it has exercised its options in Castleton Technology plc ("Castleton"), which will result in a cash payment to MXC of £1.66 million on 1 April 2018. Following the exercise, MXC no longer holds any options in Castleton but continues to hold ordinary shares which represent 25.4% of the issued share capital."
CTP - "MXC's total beneficial interest in Castleton remains unchanged at 20,021,211 Ordinary Shares, representing approximately 25.4% of the Company's issued share capital."

[chimers] 25/4/2018 08:10

MXCP's 61p warrants in CTP are doing very nicely :)
Not forgetting their 19,361,211 shares.

[chimers] 25/4/2018 08:03

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.

[the monkster] 24/4/2018 16:44

Will they rescue the dog that is IDE I wonder ??

[chimers] 23/4/2018 14:17

There will be continuous newsflow now as you say just like CTP except this is much much bigger.
Also, there will be media tips etc (leave that to me heh heh heh)

This is going to make those quick enough a multibag profit this year!!:)

IDS.

[jayfella72] 23/4/2018 11:58

First acquisition done and a possible 11 more to come for joint venture with Liberty Global. share price on the floor with only one way to go....... Up! Smith back in the driving seat....... Castleton Tech story part 2 begins. (CTP from 0.06 to 4p before consolidation.... an increase of 600%) sit back... Relax and accumulate at these levels!

[chimers] 23/4/2018 10:06

Figures for 2017 show that MXC-backed Tax Systems plc has made good progress in its strategic transformation. Management is also building a business to exploit the significant opportunity as tax and regulatory legislation gets ever more complex and rigorous.

After buying TCSL and listing on AIM in July 2016, the company bought LBB OSMO in April last year, delivering organic revenue growth of c.10%. Group revenue totaled £15.1m. Gross margins were a healthy 93% with an Adjusted EBITDA margin of 46%. The Group generated £1.3m of cash, with year-end net debt standing at £20.5m. The OSMO acquisition is now largely integrated and its capability in automated data retrieval should provide a valuable differentiator. OSMO added £1m to Group revenue in the year.

During the year Tax Systems sold an additional 114 licences and enjoyed a 95% customer retention rate. Recurring software licence revenue represents 90% of the total, with the Group being successful selling into large corporates and accountancy firms.

Tax Systems is looking to build on its position in the corporation tax software and services market as HMRC realises its “Making Tax Digital” strategy in VAT (2019) and Corporation Tax (2020). The company’s customer base will be looking to Tax Systems to provide up-to-the-minute software, incorporating each new element of legislation, together with the automation and process control to ensure accurate, speedy and cost-effective interactions with the tax authorities.

In 2018 we can expect management to focus on achieving an efficient and scalable target operating model, lowering debt and achieving a high single-digit growth rate, fuelled by annuity-style software licences. But we should also expect further acquisitions and investment as the Group broadens its portfolio of technology-driven services to exploit the medium-term opportunity in the wider market for regulatory technology (RegTech) compliance systems.

[chimers] 23/4/2018 08:37

MXC/Liberty Global JV makes first acquisition

The announcement in November last year that Guernsey-headquartered AIM-listed tech-focused financial services firm MXC Capital was to jump into bed with Colorado-headquartered cable and media giant Liberty Global rather piqued our interest (see MXC and Liberty to build new buy-and-build). A jolly nice chat with MXC co-founder and (once again) CEO Ian Smith added 'colour and movement' (see here), revealing turnaround master Smith's grand plan to create a 'scale' asset-light IT services business aimed at the UK SME market constructed from a dozen or so acquisitions.

The JV acquisition vehicle, MXLG Acquisitions, has just completed its first deal, acquiring Leeds-based IT infrastructure and network specialist SICL. It appears the consideration was £9.4m, with MXC and an unnamed co-investor putting half into the pot, and LGE2 (the Liberty Global JV entity, Liberty Global Europe 2 Limited) putting in the other half. The latest full accounts for SICL (Y/E 30 June 2016) show a £380k net profit on revenues of £6.1m, 14% down on the prior year's £7.3m.

So, one down, eleven (or so) to go!

[sogoesit] 23/4/2018 07:39

Indeedee....

[jayfella72] 23/4/2018 07:19

Great first acquisition! CTP part 2 has officially started!

[chimers] 23/4/2018 07:17

Also TAX just reported some solid results this morning!!

Onwards and up.

[chimers] 23/4/2018 07:16

SICL – REALISING YOUR VISION
Business IT Services from Network Specialists


With headquarters in Leeds, West Yorkshire, SICL is an award-winning technology company specialising in organisational and business IT services and solutions; on-premise, in the cloud and hybrid.

As IT network and infrastructure specialists, SICL works in partnership with customers in the corporate, SME and public sector markets. SICL uses its expertise, experience and accreditation to help businesses and organisations design, deploy and deliver IT services aligned to strategic aims.

From ‘datacentre to desktop’, SICL provides project and support services tailored to individual business requirements delivering technical excellence with exceptional customer service.

[chimers] 23/4/2018 07:13

Leeds-headquartered technology company SICL has said it is on track to hit the £10m-turnover mark targeted by managing director Shirley Firth.

The business and organisational IT services specialist has grown rapidly in the last 18 months, relocating from an old police station to larger premises on Pavilion Business Park to accommodate its expansion and increasing staff numbers from 28 to more than 50.

Newly appointed managing director Shirley Firth, a former finance boss at SICL, said the business was on track for a record year in 2017 and her target of £10m turnover by 2018.

The expanded company said it was now better placed to meet the demands of its client base, which includes local small- and medium-sized enterprises alongside major corporations.

SICL's top five clients now have a combined turnover of in excess of £15bn.

[chimers] 23/4/2018 07:11

MXC Capital Limited


("MXC" or the "Company")



First Investment into Joint Venture with Liberty Global



MXC (AIM: MXCP), the technology focused adviser and investor, is pleased to announce that it has made its first investment into MXLG Acquisitions Limited ("MXLG"), its joint venture with Liberty Global Europe 2 Limited ("LGE2") (a wholly owned subsidiary of Liberty Global plc ("Liberty Global")).



This investment has enabled MXLG to complete its first acquisition, SICL Limited ("SICL"), a Leeds based, award winning IT infrastructure and network specialist providing a range of on-premises, cloud and hybrid technological solutions and services to its customer base (the "Acquisition").



MXC, together with a co-investor, have each made an equity investment of £2.35 million into MXC JV Limited ("MXCJV") to part fund the Acquisition (the "Investment").



Following the Investment, MXC holds 100% of the voting rights of MXCJV and owns 50% of its issued share capital. MXCJV holds 50% of the issued share capital of MXLG with LGE2 owning the remaining 50%.



Ian Smith, CEO of MXC, commented:



"I am pleased to be able to announce the first acquisition by our joint venture with Liberty Global. SICL represents the first step in MXLG's strategy of building an IT services provider focused on small and medium sized business customers within the UK. We are excited to have commenced this journey".





MXC Capital Limited

Ian Smith

[phone]

Zeus Capital Limited (Nominated adviser and broker)

Giles Balleny / Nick How

[phone]




About MXC Capital Limited www.mxccapital.com

MXC is a specialist technology adviser and investor with a track record of investing in and advising companies in the TMT sector. MXC brings together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and a highly experienced corporate advisory team in support, all of which combine to grow shareholder value.



About Liberty Global plc www.libertyglobal.com

Liberty Global is the world's largest international TV and broadband company, with operations in 12 European countries under the consumer brands Virgin Media, Unitymedia, Telenet and UPC. We invest in the infrastructure and digital platforms that empower our customers to make the most of the video, internet and communications revolution. Our substantial scale and commitment to innovation enable us to develop market-leading products delivered through next-generation networks that connect 22 million customers subscribing to 46 million TV, broadband internet and telephony services. We also serve over 6 million mobile subscribers and offer WiFi service through 10 million access points across our footprint.



In addition, Liberty Global owns 50% of VodafoneZiggo, a joint venture in the Netherlands with 4 million customers subscribing to 10 million fixed-line and 5 million mobile services, as well as significant content investments in ITV, All3Media, LionsGate, the Formula E racing series and several regional sports networks.

[chimers] 23/4/2018 07:09

Ian Smith, CEO of MXC, commented:



"I am pleased to be able to announce the first acquisition by our joint venture with Liberty Global. SICL represents the first step in MXLG's strategy of building an IT services provider focused on small and medium sized business customers within the UK. We are excited to have commenced this journey".

[chimers] 23/4/2018 07:08

AND WE ARE OFF!!!!.......................

[chimers] 13/4/2018 08:23

There is a lot of work involved in building a small company like CTP from the ground up.
This time they are building a GIANT.
The companies are all lined up.
But it takes a lot of time.
But once it starts there will be no stopping it and the time to invest is BEFORE the show starts.
As an investor, you have to take on RISK.
That's what investing is all about, any type of investing.
Without any RISK there is no REWARD.

The level of RISK here is minimal as you can possibly get (you won't lose any money)
It's simply a matter of how much will you make.

The level of REWARD here is limitless.

The RISK V REWARD ratio is firmly in the investor's favour.

"IF" you invest big at the start.