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MEQC M&G EQ.IT Cap.

0.425
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
M&G EQ.IT Cap. LSE:MEQC London Ordinary Share GB0005511661 CAP SHS 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 0.425 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 0.425 GBX

M&G Equity (MEQC) Latest News

Real-Time news about M&G EQ.IT Cap. (London Stock Exchange): 0 recent articles

M&G Equity (MEQC) Discussions and Chat

M&G Equity Forums and Chat

Date Time Title Posts
04/3/201115:51mgsplit trust152

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M&G Equity (MEQC) Most Recent Trades

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Trade Time Trade Price Trade Size Trade Value Trade Type

M&G Equity (MEQC) Top Chat Posts

Top Posts
Posted at 24/1/2011 15:07 by zutalors
The risk is that on winding up the price of MEQC will be 0.00p. No one knows if there is any upside because no one knows the future.
Posted at 24/1/2011 14:18 by zutalors
whyme,

Only if you fully understand the share structure of splits and who gets what and in what order on a winding-up (and what wind-up costs of this trust are likely to be)should you even contemplate dabbling here, imo. Unless of course you are into gambling.
Posted at 24/1/2011 11:09 by whyme
I see it has a cancellation date of March 2011, but the stock has hit rock bottom is this normal nearing a cancellation, winding up ?

As the stocks shown may have gained quite a lot and the revenues from them too, with such a small market cap.

If this was a normal stock then it could maybe hit at least twice if not more the current price, or am I missing a bit of grey matter here ?
Posted at 04/1/2011 22:33 by chrisgail
Robizm. The do clearly have a fair amount of cash in preparation to pay off the Debenture £40M next month. But this will be earning some interest. The equities they still hold certainly moved in the right direction today and as a result the overall value of the company went up £1M. Not the greatest result when the market has gone up 2% But I think they are working fairly hard to pay something out to the Capital Share holders. They are an Investment Company who earns their own living by making money for the investors and paying out to all is very good publicity.

If you overlay the BP share price graph you can see a close correlation. BP remains a sizeable holding so a little more of the ongoing recovery will help.

As a result of the above I'm holding I think in about a months time it could be getting very interesting.
Posted at 10/12/2010 07:27 by lizzie ii
Is that totally true? Haven't they got quite a few oil company shares? Which with the current level of the oil price is probably a good idea.
Posted at 15/10/2010 07:19 by lizzie ii
"Wind-up Provisions/Buy Back Policy
The Trust will be wound up voluntarily on or immediately prior to
08/03/2011 unless the Board shall have previously been released from its
obligation to do so by a special resolution duly passed not earlier than
08/03/2010. The Company has the authority to repurchase up to 14.99% of
each class of share for cancellation."
Posted at 14/10/2010 12:31 by lizzie ii
MEQC nicely up this month! Not long now until the wind-up date ... 08.03.2011.
Posted at 10/9/2009 11:43 by lizzie ii
No deals on LSE recently but on PLUS we have :-

Trade Date Time Price Volume Type Consid.
10/09/2009 10:29:59 4.50 14,000 O 630.00
10/09/2009 10:23:51 4.00 25,000 O 1,000.00
09/09/2009 09:51:35 4.00 12,238 O 489.52
08/09/2009 10:48:09 3.50 50,000 O 1,750.00
07/09/2009 15:54:54 2.25 7,885 O 177.41

So someone has paid 4.5p today, and the markup today is rather strong .... plus 30% today.
Posted at 08/5/2009 15:56 by lizzie ii
Up yet more today. This month the mid-price has moved from 1.25p to 3.25p!

Extremely highly geared. DYOR ... but the potential is for this to go a lot higher yet.
Posted at 06/5/2009 17:36 by lizzie ii
These are extremely highly geared but recent price increase indicates that with the way the underlying assets are now performing, there is a real chance of money coming to the Capital shareholders on liquidation in 2011.
M&G Equity share price data is direct from the London Stock Exchange

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