Mxc Capital Share Discussion Threads

[ibansmxcp] 26/6/2018 17:16

Yes it's time we got MXCP rocking again.

[adascogne] 26/6/2018 15:36

Welcome back, here's to a rerun of CTP

[ibansmxcp] 26/6/2018 12:08

Ok will add the GIF info to header.

[chimers] 26/6/2018 12:03

Happy new thread ...you should add the info re the GIF to the header.

[suneday] 26/6/2018 12:02

Thankyou for that.

[jayfella72] 26/6/2018 10:37

No probs. I'm good thanks. Thanks for setting up this thread. Should start to kick off here soon.

[ibansmxcp] 26/6/2018 10:13

Anything you lot think should be in the header just let me know and we can put it to the vote.
I have a flag counter but not sure if I should use it as some people do not like them.

[ibansmxcp] 26/6/2018 10:12

Hi mate,I was asked to set up a new thread so obliged.
I will not be posting much just factual info and news, that sort of thing.
Hope your well.

[jayfella72] 26/6/2018 10:09

Just saying hi. Welcome back Ibans.......

[ibansmxcp] 26/6/2018 10:06

New updated thread now live for MXCP.

[ibansmxcp] 25/6/2018 23:23

New Thread bringing things up to date.
Please all join in in friendly chat and banter with no personal attacks.
Thank You.

[ibansmxcp] 25/6/2018 22:56

MXCP TIME TO MAKE ANOTHER FORTUNE

MXC is an AIM quoted (AIM: MXCP) adviser to and investor in technology companies, building value in the companies we invest in as well as for our own shareholders. MXC's model of investing as a principal, sharing in the risk as well as the reward, unambiguously aligns our management directly with the interests of our shareholders.

Significant shareholdings as at 13 June 2018 are:

Name of Shareholder Ordinary Shares %

Tony Weaver ...574,037,281.........................17.08%
Ian Smith, ...518,550,515..........................15.43%
Nigel Wray ...416,490,917..........................12.39%
Martin Bolland...213,606,569........................6.36%
Hargreave Hale.183,751,596..........................5.47%
Marc Young ..102,212,559............................3.04%
Peter Rigg, ..10,897,396............................0.32%
Paul Guilbert,.....1,271,260..........................04%
Stuart Nebbett....106,545,324...................... 3.17%

Ian Smith, Founder And CEO
Ian has an extensive track record of investing in and managing tech companies. He co-founded the advisory subgroup of MXC Capital. Ian has sat on numerous boards and either led or been involved in a large number of transactions in the TMT sector. Ian led strategic change and value accretion at Redstone plc and Accumuli plc and until recently was deputy executive chairman at Castleton Technology plc, having formerly been CEO, a role he held since the company’s inception. He currently sits on the board at IDE Group Holdings plc.

CURRENT INVESTMENTS
Tax Systems
IDE Group
Adept4
Castleton Technology
Sagacity Solutions
Jobbio
MXLG
GIF

Joint Venture with Liberty Global

MXC (AIM: MXCP), the technology focused merchant bank, is pleased to announce that it has signed a joint venture agreement with Liberty Global Europe 2 Limited (a wholly owned subsidiary of Liberty Global plc ("Liberty Global"), the world's largest international TV and broadband company). The parties intend to work together with a view to building an IT services provider focused on small and medium sized business customers within the UK.

The newly established joint venture company will initially seek to undertake a series of acquisitions in order to create an enterprise of size and scale, taking advantage of MXC's knowledge and understanding of the market, Liberty Global's existing network and solutions, as well as the opportunities both parties see to consolidate what remains a fragmented market.

Liberty Global is one of the top 20 largest companies in the world and is run by John Malone the largest landowner in the USA and close friend of Warren Buffet.
Warren Buffet is Liberty Global's largest shareholder.

Appointed consultant to Ravenscroft, investment manager of the new Guernsey Investment Fund

Ravenscroft and MXC have been working with the States of Guernsey in relation to a new technology and innovation fund, which has resulted in the establishment of the GIF. Ravenscroft has been appointed as investment manager to the GIF and has appointed MXC to act as consultant to Ravenscroft in relation to sourcing and managing investments for the GIF.

Ravenscroft is an independently owned investment services group based in the Channel Islands which has £3 billion of assets under administration for both private clients and institutional clients from around the world.

MXC is a specialist investment and advisory company with a track record of investing in and advising companies in the TMT sector. The MXC model brings together a deep knowledge of technology, first-hand experience of managing companies in the sector, an ability to make meaningful investments and an experienced corporate advisory team in support.

MXC has committed to invest up to £5 million and the States of Guernsey has committed to invest up to £25 million into the GIF out of a total of up to £37.5 million. Pula Investments Limited, Stephen Lansdown's family office, will also be a significant shareholder of the GIF. The GIF will seek to invest in Guernsey-based technology and innovative companies. Where such opportunities are not readily available in Guernsey, then investment opportunities will be considered elsewhere which have the potential to benefit the Bailiwick's economy.

[suneday] 23/6/2018 10:00

Ctp holders are unlikely to give a hoot now what MXCP does, other than in it's advisory capacity. I shall be pleased to see the rest of their shares go at market price too. And as a very recent MXCP shareholder the point is that Ctp has achieved it's objective for Mxcp with more to come and provided the funds needed for a more meaningful next own cash stake in MXLG.

[chimers] 21/6/2018 09:19

Learn to read...........it will save you money!!

[chimers] 21/6/2018 09:18

Earnings per share

Earnings per share at a basic level were 5.23p, compared to earnings per share of 0.59p in the previous year, driven by growth in EBITDA*, significant exceptional credits and recognition of deferred tax assets relating to unused capital allowances. Due to the level of exceptional credits which are not expected to recur as well as a higher than usual tax credit during the year, earnings per share going forward are expected to be lower than in the current year.

[suneday] 21/6/2018 09:14

That's rubbish and you know it. The 'blip' is the tax and the EPS. PBT will be on the up. Catch you later.

[chimers] 21/6/2018 09:11

Cash to Splash.

CTP is at its peak it has nowhere to go but down.
Best time possible to sell.
Read the results they admit it themselves.
They go to great lengths to point out that future earnings will not be so great and this years is basically a blip.
You can also tell by the figures that they have just creeped up and just only to the top of the roller coaster.
Renewals down etc.
Margins down etc.

Right time to dump and use the cash to start another game.
THE BIG GAME.

[suneday] 21/6/2018 09:02

As a Castleton investor too, it's good for both. Old shareholder well in profit partially gone from CTP and shares taken up by other(s) at current price, and Mxc clears the immediate way ahead without cost for investors here by raising close on £6mil. presumably for next MXLG acquisition. And where else is that sort of money to be found. And Mxc still hold a chunk of CTP.
Surprised it hasn't registered here.

[dplewis1] 21/6/2018 08:03

Seems slightly strange that MXC would sell a large chunk of its shares in CTP when the company seems to be doing so well. A profit is a profit I guess..

[suneday] 19/6/2018 08:26

Good solid numbers, market muted at moment. Housebroker FinnCap say it's settling into it's stride. Raises target price to £1.25. Progressive dividend policy to come. Year ahead seems to be set fair, at present comfortably in line. Good steady performer for MXCP now.

[dplewis1] 19/6/2018 07:53

Nice numbers out of CTP this morning

[chimers] 17/6/2018 23:01

Up to £25m. of public money will be invested, while two private investors have been confirmed so far. MXC Guernsey Ltd is putting in up to £5m. and Pula Investments an unspecified amount into the fund that will invest in existing and start-up businesses. The fund is managed by Ravenscroft and run by an independent board.

‘It is early days and because the Guernsey Investment Fund PCC Ltd is a private fund, the board has determined that no specific details of its investment activity will be made public,’ said the board in a statement.

‘However, we can confirm that the GIF Technology & Innovation Cell has made four investments so far and has a strong pipeline, which is currently being worked through.’

When the fund was unveiled earlier this year, it was announced that initially, money would be available to technology and innovation companies. However, the intention is to broaden that to infrastructure and property in the future. Applications could also come from entrepreneurs requiring just a few thousand pounds to companies that need major investment.

[suneday] 17/6/2018 16:19

Up to £5m going into GIF from Mxcp, as known, but not going to make public specific details of where it's invested.
And Mxc get fees for management, as well as a portion of overall growth on what will become the fully invested £37.5m fund ( most of which the government are stumping up ) - "MXCA will receive 1-2% per annum as a management fee and 10-20% of fund growth above a hurdle of 8% in terms of performance fee dependent on the source of the capital commitment."
Fees already coming in, with the likely real money on growth in due course. It's a nice enough steady little earner alongside the Liberty Global headline grabber, with ongoing fees now started from that too, and with MXLG increasing in value with each acquisition (there'll be another one along shortly and like buses thereafter ) and a share of the profits when sold. It's all about increasing Liberty Global's market share, so they'll be putting their applicable existing resources into it.
There is likely to be a stream of newsflow and possible attention by commentators as MXLG in partnership with Liberty Global continue a series of acquisitions 'to create an enterprise of size and scale.'
This has just come off an all-time low.
For anybody new, the last interims are a good starting point.

[suneday] 17/6/2018 16:18

Up to £5m going into GIF from Mxcp, as known, but not going to make public specific details of where it's invested.
And Mxc get fees for management, as well as a portion of overall growth on what will become the fully invested £37.5m fund ( most of which the government are stumping up ) - "MXCA will receive 1-2% per annum as a management fee and 10-20% of fund growth above a hurdle of 8% in terms of performance fee dependent on the source of the capital commitment."
Fees already coming in, with the likely real money on growth in due course. It's a nice enough steady little earner alongside the Liberty Global headline grabber, with ongoing fees now started from that too, and with MXLG increasing in value with each acquisition (there'll be another one along shortly and like buses thereafter ) and a share of the profits when sold. It's all about increasing Liberty Global's market share, so they'll be putting their applicable existing resources into it.
There is likely to be a stream of newsflow and possible attention by commentators as MXLG in partnership with Liberty Global continue a series of acquisitions 'to create an enterprise of size and scale.'
This has just come off an all-time low.
For anybody new, the last interims are a good starting point.

[jayfella72] 17/6/2018 14:31

Off topic. Loving the world Cup at mo with a great game yesterday with Spain /Portugal.Quality football. 2 good games coming today with Germany at 4pm then Brazil at 7pm. Tomorrow Englands first game. Looking forward to that one!