Member Info for Culpepper

With Smith (Mxc partner) running IDE, Mxc shareholding 35%, and Mxc with the preponderance of loan notes I would think they were more likely to be making the running. On the other hand, if Kestrel got together with Dobbie and maybe Griffiths, with a different view, they could make things difficult for Mxc if they feel they’re trying to pull some sort of flanker out of self interest.
Bottom line seems, can they get together enough to give all IDE shareholders better prospects, or strangle it slowly, interest and all, and put up with their first calls on what’s left. Or just maybe, Mxc will take a relative hit on their notes.
In summary, no idea and nothing will surprise me.
I still have 2.5p in mind for conversion, but only because Kestrel did and I don’t think they would have acted without a sense of what the future held.

Building materials giant CRH updated favourably today.
https://www.lse.co.uk/rns/CRH/trading-update-8211-april-2022-4c9bunj3h8324h4.html

https://www.buildersmerchantsjournal.net/sig-holds-first-uk-conference/

And finally, yes Knigel. I haven’t back read on all the loan notes but Mxc talking about the conversion of their notes. What about the others?

I need 2.5p by the way, and that may still be possible. Mxc , Smith and all, will look after themselves, which is why I remained an mxc shareholder and bought when it tanked going private.

It’s a balancing act for Mxc.
My post of 12th is probably the way to view this. IDE have apparently ‘chosen’ not to repay. Mxc will get shares. Possibly Cloudcoco shares next, at 1p per share.
In due course one way or another Mxc will sell their interests - possibly having taken IDE private.

There’s a summary on this site now.

https://www.lse.co.uk/news/WIX/sunday-share-tips-impact-healthcare-wickes-67z9pvjkbuy68yt.html

Some views. Nothing new.
https://capital.com/wickes-was-the-demerger-a-success

Followed by non exec notification today - about £19.5k at 39p.
https://www.lse.co.uk/rns/SHI/directorpdmr-shareholding-5jxg95jkah9nfmf.html

MXCP will be the substantial beneficiary. Underlying all of this, and I would call them facts, is that IDE is an MXC vehicle run by Smith for his, his partner WEAVER’s, and the MXC concert party’s ultimate benefit. That’s why they do what they do, taking their other interests, Cloudcoco and the rest, into account and making things fit where they can.
You can bet your boots there is a plan to which we’re not party, which will enable them to sell up their assets to best advantage in MXC ( where their personal holdings lie ) over the next 3 years, and retire.

https://www.aexgold.com/investors/shareholders

I was just looking through the list and pleased to see the ‘local’ support. The pension fund caught my eye, and though longer-term shareholders will be aware, three sets of shareholders are acting in concert in Greenland. The ‘locals’ with Greenland at heart should be better informed than the rest of us.

SISA to become AEX Shareholder

Vækstfonden and Greenland Venture A/S, existing shareholders of AEX, have
recently entered into a cooperation agreement with SISA, a Greenlandic pension
fund, with a view to working together on recent investments in Greenland as
well as investing in companies with activities in Greenland. In the light of
this cooperation, Vækstfonden and Greenland Venture A/S have agreed to sell
approximately 1/3 of their shares in AEX Gold to SISA. The transaction is
expected to complete by late May at which point SISA will own 6.4%.

Eldur Olafsson, CEO of AEX Gold, said:

"This exercise is further endorsement by our long-term investors in their
support of AEX providing additional capital to the business. Furthermore, I am
very pleased to welcome SISA as a shareholder. As the only Greenlandic pensionfund this is a strong statement of support from them in our Greenland focussed strategy and is aligned with our long-term vision to build a full cycle,
Greenland gold mining company and partner to the country.”

Just for the record - CEO and chairman about £20k apiece at 40 and 41p respectively.

Rachel Wood ( wife of CEO )

https://www.lse.co.uk/rns/WIX/wickes-group-plc-directorpdmr-shareholding-sy8v5u3bbuq68bw.html

https://www.youtube.com/watch?v=j6-AJ9vzL-M

Most don’t spare it a thought.

Anecdotal. Had 2 months work done ( on and off, as they can do, keeping everybody happy to a point ) small landscaper, builder, associated trades. They don’t all get their stuff from Wickes mind, but they tell me they’re pretty well booked up ( word of mouth )people grudgingly paying the inflated prices, and no sign of a let-up yet. May be just around here. I don’t know

I just read that again. Quite an advance in terms of efficiency and effectiveness, coupled with customer satisfaction and all that.

Couple of management buys 250p down before.

The more time passes the less sustainable my argument becomes - yet there may still be legacy Travis Perkins sellers despite no holdings RNS. But there were several holders under 3%.

https://www.globenewswire.com/news-release/2022/03/29/2411701/0/en/SIG-plc-Improves-Customer-Experience-and-Fleet-Productivity-with-Descartes-Last-Mile-Solution-Suite.html