|Mercia Technolgies PLC
||EPS - Basic
||Market Cap (m)
Mercia Technolgies Share Discussion Threads
Showing 151 to 173 of 175 messages
|An interesting appointment in today's RNS
Warwick Audio raising funds on Syndicate Room
|Pete, to be honest with you, this moves only on news only, so if you don't have the patience, it's the wrong share. I hold this and FIPP, to give me access to unquoted companies.|
|Still not in yet - still looking with interest - still waiting for charts.
Anyone else prepared to fire up a new thread?
|Agreed del. Am a large holder here for the very same reason although if you look at the mix batch of companies in the portfolio, they all look pretty impressive and innovative so any one of them could potentially multibag here before VR becomes the norm.|
|Nice turnaround here. It is a long, long term hold for me to see whether some of the companies they have invested in make it big.
nDreams could turn out to be a cracker....|
|Wow, some conviction, £86k buy here!|
|Not in just yet mod - but interested, and watching from the sidelines - pete|
|Thanks for the charts Marty - appreciated.|
|No time to do a chart myself, but looking very interesting. Hoping they drop it down a little so I can take a big chunk under 40p|
|Pete, Have you put your toe in here?I think this is good value, I got some at around 42p average entry point.|
|Charts would be good.
I am underwater on this one but thinking I will buy some more. In particular, I reckon they could good be on to a good thing with nDreams....
There will be a lot of buzz about VR over the next 12-18 months and someone my well step in to buy them if they are not floated... All IMHO.
|Can we have some charts here please?|
Mercia Technologies PLC (AIM: MERC) which is focused on the creation, funding and scaling of innovative businesses with high growth potential from the UK regions is pleased to announce that portfolio company nDreams (of which Mercia has a 40% equity stake), has been appointed by Google as one of the first developers alongside EA Games and Ubisoft to make apps and experiences for Daydream, their platform for high performance mobile Virtual Reality ("VR").
nDreams, one of the UK's largest independent developer and publisher solely focused on VR entertainment software, has two original titles in development for Daydream, each built specifically for Google's new high quality mobile VR platform. The Company is delighted to have been selected by Google to develop its first games. Having already had great success with Perfect Beach for Google Cardboard, the contract demonstrates Google's belief in the high quality experience of nDreams software and more broadly the VR sector which has an estimated value of $30 billion by 2020 across all platforms.
In addition to the two unannounced games, the nDreams team is working on The Assembly for PlayStation VR, HTC Vive, and Oculus Rift, and developing Gunner and Perfect Beach for the Samsung Gear.
Dr. Mark Payton, CEO of Mercia said:
"The nDreams appointment by Google is a clear demonstration of Mercia's success in investing and mentoring UK technology businesses. We congratulate the nDreams team and believe that the Company has an exceptionally exciting future ahead, operating at the forefront of the VR content development market. Mercia's strategy of combining market intelligence and significant sector experience helps us to identify and scale the promising UK technology businesses such as nDreams. The investment in nDreams is led by Investment Director Mike Hayes, who has over 23 years' experience in interactive businesses including CEO for Europe and America of multinational games company SEGA and Marketing Director at Nintendo. This unique approach of investment and deep sector expertise like Mike's helps Mercia build opportunities such as nDreams towards the potential realisation of significant shareholder value."
CEO and founder of nDreams, Patrick O'Luanaigh, commented:
"I'm thrilled that nDreams is one of the first studios to support Daydream. With this new platform's announcement, it's that much easier to envisage a time where everyone always has access to high quality mobile VR entertainment and it's exciting to be collaborating with Google on that ambition."|
|Looking interesting here. Dipped in for a few this am. First lot, will add more if the price is marked down over the next few weeks|
|Directors Talk video:
|Thought they would have RNSd this one:
|modform, I beg to differ. This is an investment company not a trading company. The losses relate to the staff build up to seek out and monitor investments. The actual investments show a small unrealised gain. The real question is whether such companies should trade at a premium to NAV by giving exposure to PIs to a portfolio of unquoted companies that would be outside their normal remit.
I would suggest that the comparatives are Imperial Innovations and Woodford Patient Capital.|
|What do you mean, no newsThe drop in share price is as a result of such a poor trading update on Dec 3. You can buy as many shares as you want live, but you can't sell a single share unless you use limit order, ask your broker.|
|Oversold IMO. One for the long term - I invested for five years just after it came to market. I suspect it will do very well over that period.
Tempted to add more here, but won't as it takes up its share in my portfolio.|
|A big drop in share price today on no new news.
The shares are still trading above NAV which contains a lot of uninvested cash as per their recent half yearlys. Imperial Innovations trades around 150% of NAV.
I wonder if there was an IPO lock in that has just come to an end? Perhaps someone knows the answer.
I got ADVFN to amend some of the descriptions that still had with it described as the former unrelated Merchant Securities.|
|Fits quarter review:
May 31, 2015 7:33 pm
Mercia investors warm to group’s approach to start-ups
If only investors had it that easy: gaining some exposure to the next hot start-up without the risk that it might fail.
Several University spinout groups such as Imperial Innovations and IP Group have had mixed fortunes as investors took fright after the 2008 financial crisis.
Now, Mercia Technologies, which listed on Aim in December last year, has come up with possible solution: a hybrid that identifies promising, young businesses, but keeps funding the best performing ones for up to 20 years.
The specialist investor aims to have sufficient spread that some businesses will be paying out dividends while it invests in other, younger ones. And while it has relationships with nine universities, mainly in the Midlands where it is based, it also looks elsewhere for opportunities.
“About half our investments are university spinouts. We want to build digital businesses. They don’t tend to come from universities although many of the people that work in them do,” says Mark Payton, the chief executive. A former Oxford university academic, he has 20 years’ experience of spinouts and has made more than 30 venture investments.
The market remains open minded. The stock is hovering just above its 50p listing price. House broker Cenkos estimates its net asset value (NAV) at £75m. With a market capitalisation of about £113m, that gives it a price/NAV of 1.5. The sector has historically traded on roughly three times NAV.
Won't post the rest, but it is a good read.
|Added a few more earlier - one for the patient IMO. Looks to have a good team working for them and Woodford keen as well.|