Member Info for TheToilet

It's yet another scandalous placing. 0.06 pence? Are you kidding me? Still they've been doing this for years and decades so no-one has any excuse. It's not exactly out of character is it?

Up a few pence on news of the Barclays loan.

Results out next month.

Make your feelings known to the Action Group

Concerned HICL Shareholders

https://concernedhiclshareholders.co.uk/

If you agree the merger proposition is dumb then remember to register with the Action Group if you've not already done so.

Concerned HICL Shareholders

https://concernedhiclshareholders.co.uk/

Up another 1p but NAV is somewhere above 110p and still only 34p to purchase

The final results are usually out in december

Up 1p so far.

I doubt many people follow this share although I think the small cap guy who writes for the Investors Chronicle has tipped it in the past. I'd expect him to publicise this latest sale in the next edition.

Here is the RNS

27 October 2025

THE CONYGAR INVESTMENT COMPANY PLC

Sale of land at Rhosgoch

The Conygar Investment Company PLC ('Conygar') announces that it has unconditionally exchanged contracts to sell its 203 acre brownfield land holding at Rhosgoch in Anglesey to Rhosgoch Property Ltd, a wholly owned subsidiary of Stena Line (UK) Ltd. Completion will follow in 10 working days.

The sale price is £18.5 million in cash and the net proceeds of £18.3 million will be used to fully repay the £5.6 million ASK Partners loan secured against the 36 acre Island Quarter site in Nottingham City Centre. The remaining cash will be used for the Group's ongoing operations and working capital, primarily at The Island Quarter. The Group will record a profit of £15.8 million from the transaction based on the March 2025 accounts valuation of £2.5 million. The asset did not generate a profit or loss for Conygar in the last financial year.

Freddie Jones, Property Director commented:

"We are delighted to have completed the sale of this asset to Stena and to continue our strong working relationship with them".

The shares are 32p to buy but the NAV is now in excess of 120p

Wow.

There are now 4 active MDZ threads on a well now another website. It looks like an attemp to ramp the share price.

I suspect multiple ids so probably only 1, or 2 at most, individuals are behind it.

Highlighting this in case the price spikes. MDZ is very illiquid and is susceptible to ramping.

Take care.

It beggars belief this failed company is still listed.

This company always release rampy sounding RNSs and every year some new investors get sucked in.

Take out the £2.7M of goodwill on the balance sheet and the company has net tangible assets of NEGATIVE £2.1M

Exactly!

Its still down. It has been for hours. No update or explanation message either.

I hoped they had fixed these fairly regular problems but it appears not.

Yes it is a fact they have £3.6M in assets. Why didn't you mention liabilities though? Assets mean nothing unless you mention the liabilities and they have £2.4M in liabilities. So the NAV is £1.2M. But wait. £2.77M of the assets are "intangibles" (questionable value often zero) so they have NEGATIVE tangible assets of £1.5M.
This is why I believe the equity has no value whatsoever. DYOR.

Why don't you check the recent interim results. It's there in black and white. Last reported cash position was £16,000 and
net tangible assets are NEGATIVE £1.5M. They have intangibles of £2.7M as well but these obviously have extremely questionable value.

They've been saying the same thing for 15 years. It's jam tomorrow. Every single set of results it's the same.

The company had cash of £16,000 and NEGATIVE tangible assets of £1.5M. It loses money every year. They need cash to stay solvent and another placing is coming.

Shameful the way people ramp this rubbish.

Errmmm....interest has been building for the last 15 years on the never ending series of new contracts! Pity shareholders are down 99.5% in that time! No value in the equity. Lance O'Neills (undisclosed) off-shore company (CCCAL) are the big winners. Any cash generated goes to CCCAL to pay off the interest on the debt. The debt holders are the winners here. The equity has no value whatsoever. But you guys know this already.

Fair value is nil pence. That's zip. Zero. Squat.

This company does not generate any profits so the networking capital deficit is significant enough to completely wipe out any value in the equity.

Ive just stopped laughing reading that. MDZ announced once they had struck a deal with Tesco. Everyone thought wow!. But it turned out it was in fact with a local store in Lincoln or somewhere. They do this all the time.

To all serious investors. Spend time reading back. Read about the amazing contracts and clients. It makes no difference. They are barely solvent and they need to raise cash soon otherwise its game over.

The enterprise value of this pile of garbage is over £2.5M. Who would pay that for a business that always loses money and has completely wiped out shareholder value?

They've been releasing exactly the same garbage RNSs for more than a decade.
Ultimately the shares are worth zero but I'm not saying you cant make money trading the pump and dumps. High risk strategy obviously. You just need to make sure you're out when the music stops.