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MXC CAPITAL (MXCP)     

jimmy b - 10 May 2015 21:49

Chart.aspx?Provider=EODIntra&Code=MXCP&S


With the Conservatives securing an unexpected victory last week, the City was in ebullient mood and the stock market saw strong gains.
Euphoria may have driven share prices higher in the immediate aftermath of the Election, but further out, businesses with genuine growth potential are best positioned to deliver long-term sustainable rewards to shareholders
MXC Capital is one such company. The group combines the virtues of an old-fashioned merchant bank with the get-up-and-go of a 21st Century technology business. The shares are priced at just 3.075p and should increase substantially over the next five years.


MXC was founded by Ian Smith and Tony Weaver, who have worked together for the past 12 years.
During this time they have been involved in 70 tech-related transactions, most of which have centred on building up companies and selling them at a profit.

Notable deals include offshore telecoms group Matrix, which listed on AIM in 2003 and was sold for £62 million three years later, and software business Anix, bought in 2007 and sold just two years later for £31 million, generating £11 million for shareholders.
Having acquired a reputation for rewarding investors, Smith and Weaver decided in 2010 to start up MXC. The group invests in underperforming tech stocks quoted on AIM and also seeks out privately owned firms with the intention of building them up and floating them.
The focus is on businesses that are already making money, such as companies that provide IT services to the private or the public sector.
Typical investments range from 10 per cent to 29 per cent of each business and the group has had considerable success so far. In 2010, for example, it bought 15 per cent of failing tech firm Accumuli, which was valued at £1 million on AIM. After helping to turn the company round, it was sold two months ago for £55 million.
Share Radio
MXC joined AIM last year and has investments in three businesses in that market – IT services company Redcentric, software firm Castleton Technology and telecoms and IT management group Pinnacle Technology.
MXC has also invested in private firm 365 Agile, which is expected to float this year and specialises in the ‘internet of things’, where wireless devices communicate with each other.
Products include devices that can ensure the heating in elderly people’s sheltered homes is controlled remotely and sensors that can be placed on valuable objects in social housing, such as boilers, so they are not stolen by tenants – a common problem.
Redcentric, which recently installed new IT and communications infrastructure at Ascot Racecourse, floated in April 2013 at £56 million and is now worth more than £200 million. Castleton floated in December 2013 at £4 million and is valued at more than £25 million today. MXC invested in both of these at flotation. The Pinnacle investment is brand new, but it is expected to generate substantial returns.
MXC does not just make money from buying and watching the shares increase. The group becomes actively involved in its investments, taking a board seat and helping the firms grow by selling unwanted divisions and buying add-on businesses. These transactions generate fees, which is where the MXC’s merchant banking skills come to the fore.


The group advises the companies it invests in on what to buy and sell. The companies benefit as they grow and develop. MXC benefits as it receives fee income and sees its investments rise in value.
MXC is ambitious. Smith and Weaver have their own money in the business, as does chairman Martin Bolland, who also chairs FTSE 100 outsourcing group Capita and was a partner at top private equity firm Alchemy.
The chief executive is Marc Young, a chartered accountant turned financier and formerly head of technology at leading stockbroker finnCap. The group last week unveiled half-year results to February 28, the first since joining AIM.
These included a £99,000 loss – largely associated with becoming a listed business. Looking ahead, however, prospects are bright. On the same day as the interims, MXC raised £12 million from major shareholders, so it now has a £27 million war chest to invest, and access to bank debt if required.
The company is likely to announce a new AIM investment in the next couple of weeks and hopes to bring four private firms to the market this year, making four more investments in 2016. At the same time, MXC will be making money from advising on transactions and may make disposals too, if valuations are attractive.
Midas verdict: MXC is an exciting business, run by seasoned tech specialists with a wealth of experience in developing new companies and turning round troubled ones. The stock is not for the nervous. But at 3.075p, the shares should go far.
Traded on: AIM Ticker: MXCP ..


http://www.mxccapital.com/about-us/






























jimmy b - 03 Aug 2015 08:16 - 9 of 18

MXC Capital Limited

("MXC" or the "Company")

Proposed IPO of Investee Company 365 Agile Limited



MXC is pleased to announce the proposed flotation on AIM of 365 Agile Limited ("365 Agile"), an innovative, IP rich software business that enables mobile working and monitoring for field based workforces. The flotation will be effected by way of a reverse takeover of Iafyds plc. Iafyds plc today announced the proposed transaction which will be effected by Jafyds acquiring 365 Agile and seeking re-admission to AIM. The company will be renamed 365 Agile PLC (AIM: 365).

MXC is pleased to have supported the management of 365 Agile from our £250,000 seed investment, to helping to identify and execute two acquisitions on the way to this transaction. MXC Capital Advisory LLP is retained as financial advisor to 365 Agile.

Upon admission to AIM, MXC will be interested in 23.2% of the equity in 365 Agile and will hold a warrant over 5 per cent. of the company's issued share capital. Jill Collighan, Finance Director of MXC, will join the Board of 365 Agile to act as the company's CFO.

Peter Rigg, Chairman of MXC, commented "365 Agile has developed exceptional technology that enables more efficient mobile working and harnesses the power of the Internet of Things. Future applications of the software and the IoT IP are very broad and we shall support their expansion into new markets.

"We believe that this is an exciting investment for our shareholders and look forward to continuing to work with the team at 365 Agile to realise its full potential".

Jonathan Holyhead, CEO of 365 Agile, comments "Joining AIM is a big step in realising the potential of the technology we have developed. We are very grateful to MXC for its guidance and continuing support".

jimmy b - 25 Aug 2015 11:14 - 10 of 18

Proposed acquisition of MXC Holdings

StockMarketWire.com

MXC Holdings (AIM: MXCP), the AIM quoted technology focused merchant bank, has provided an update on the proposed acquisition of its entire issued share capital and the conditional issue of 1,649,089,816 new ordinary shares.

The acquisition was first announced at the time of the placing in May this year and the purchase will be satisfied entirely through the issue of shares in MXC.

Excluding the shares it owns in the Company, MXC Holdings is valued at £15m million for the purposes of the acquisition, approval for which is to be put to shareholders.

It says that the acquisition fully aligns MXC's founders and executives with other shareholders and unifies all investments into a single entity.

Peter Rigg, Chairman of MXC, said: "I am pleased to announce the acquisition we outlined at the time of our placing in May this year which consolidates all MXC investments and activities into a single entity and is the final step in the formation of the company as a quoted merchant bank, specialising in investing in technology companies."

jimmy b - 03 Nov 2015 10:18 - 11 of 18

3 November 2015

MXC Capital Limited

("MXC" or the "Company")

Senior Appointment

MXC (AIM: MXCP) the Aim quoted technology focused merchant bank is pleased to announce a senior appointment.

Gavin Lyons joins MXC as a Partner, adding strength to the team that identifies investment opportunities as well as supporting the management of our investee companies. Gavin has had a distinguished career in the TMT sector, most recently as CEO of Accumuli PLC, a successful MXC backed buy and build in the IT security sector sold to NCC Group plc for £55m. Prior to Accumuli, Gavin was Head of Telecoms & Utilities UK&I at SAP SE and held a senior position at Trend Micro Inc. having also worked at Xerox, Compuware and The Caudwell Group.

Peter Rigg, Chairman of MXC, said:

"We know Gavin well having supported him during the build of Accumuli - he has a proven management track record. Gavin is a great addition as we continue to build out our team to support our growing deal flow."

hangon - 01 Sep 2016 11:37 - 12 of 18

I distrust businessmen that take time to shuffle shares in the company they are promoting. Here, we see a business that's had little to do - then suddenly it seems they need to enter upon a "Buyback" ( which I hate, anyway ), Process involving much printed paperwork, for what is a paltry amount - most companies do this without raising an eyebrow . . . so I'm confused by this move....
+Oddly ( to my mind ) the "Offer" is to buy 1 in 41 shares folks own.
Does this mean they have available cash for shareholders . . . but can get round to issuing it without strings? . . . . It's all rather confusing.
Example - if your shareholding is worth £10k, you'd receive just shy of £250. DYOR.
EDIT(30Sept2016)- I see Dirs selling and sp is still about 3p - So, not exactly sunny times ahead.

mentor - 09 Jan 2017 14:24 - 13 of 18

Bought some earlier

On reaching a low last month, is on the move up today
Company is buying back

mentor - 10 Jan 2017 17:12 - 14 of 18

2.15p +0.20 (+10.26%)

nice rise as volume went to 12M

Chart.aspx?Provider=EODIntra&Code=MXCP&S

mentor - 15 Feb 2017 17:04 - 15 of 18

After hours a trade of 250K @ 1.90p is the reason why WINS was at offer price 1.95p

but the amount of buys is more than the amount of sell, but still the share price is down for the day
Maybe the 750K buy was a buyback from the company, they have not done any for some time after buys only 2 lots at the start
tomorrow is another day and hope is better.

Buys 975,000
sells 557,975

16:37:20
1.90p
250,000K

big.chart?nosettings=1&symb=UK%3amxcp&uf

mentor - 15 Feb 2017 17:22 - 16 of 18

Chart of retracement

Taking the last movement up from 1.75 to 2.425p
then there is a 76.4% retracement at 1.91p ( at today's closing place )

p.php?pid=chartscreenshot&u=vK1x%2BTIhDh

mentor - 22 Feb 2017 14:45 - 17 of 18

1.775p - 0.05p

After a long time since the last purchase, today it seems was the right price.............

Transaction in Own Shares/ Total Voting Rights

MXC Capital Limited (AIM: MXCP), the technology focused merchant bank, announces that, pursuant to the share buyback programme (the "Programme") announced on 22 December 2016, it has today purchased 279,261 ordinary shares of no par value each in the capital of the Company ("Ordinary Shares") at a price per Ordinary Share of 1.795 pence ("Buyback Shares").

It is intended that the Buyback Shares, along with any other Ordinary Shares to be purchased by the Company pursuant to the Programme, will be cancelled in due course. Until cancelled, the Buyback Shares will be held in treasury.

The Company had previously purchased 1,900,000 Ordinary Shares in total under the Programme, which were cancelled on 20 February 2017.

hangon - 04 Dec 2017 20:19 - 18 of 18

This stock highlighted in IC some while back; is showing all the signs of slow death...
I distrust large companies with "Buyback" programs as this is almost Never in shareholders' interest... rather give us the Divi... AND even more-so for small Co's - it may suggest they don't know what to do for the best..
sp now 1p28 must be near all-time Low.
EDIT (27Jan2018)- Ann Report show agm in Guernsey ( Oh deary me) and chief gets £700k pa DYOR.... This is far too much. MXC has a JV with a very large fish ( Global, the Communications Co -).... whilst it's 50-50 DYOR, I suspect I know who will be the poor relation. I see no benefits in this investments, the Businesses are not mainstream stylers, IMHO; neither are they doing much good . . . hence the sp has slipped from 3p plus (~2016), to only a shade over 1p, now.
It's looking very shakey to me..... unless that JV has some hidden-value.
EDIT(3April2018)- sp 1.15 that's 40% discount to claimed NAV - well, that's because no-one believes it will improve... what's up with that Liberty Global JV - very silent?
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