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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Mercia Asset Management Plc | LSE:MERC | London | Ordinary Share | GB00BSL71W47 | ORD 0.001P |
| Price Change | % Change | Share Price | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| -0.60 | -1.69% | 35.00 | 591,797 | 08:00:00 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 34.00 | 36.00 | 35.00 | 35.00 | 35.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 25.88M | 2.84M | - | - |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:35:06 | UT | 7,528 | 35.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 17/4/2024 | 09:23 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 16/4/2024 | 09:44 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 15/4/2024 | 09:12 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 12/4/2024 | 09:43 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 11/4/2024 | 09:35 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 10/4/2024 | 11:34 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 10/4/2024 | 11:20 | ALNC |  Mercia Asset Management hails portfolio's annual performance |
| 10/4/2024 | 07:00 | UK RNS | Mercia Asset Management PLC Year end trading summary and date of results |
| 09/4/2024 | 09:38 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
| 05/4/2024 | 09:25 | UK RNS | Mercia Asset Management PLC Transaction in Own Shares |
Mercia Asset Management (MERC) Share Charts1 Year Mercia Asset Management Chart |
|
1 Month Mercia Asset Management Chart |
Intraday Mercia Asset Management Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/4/2024 | 08:56 | Mercia Technologies PLC | 1,341 |
| 01/3/2021 | 22:09 | Mercia Technologies PLC | 61 |
| 29/1/2014 | 21:58 | The new SL500 came today | 14 |
| 24/11/2011 | 07:05 | Merchant Secs | 37 |
| 17/1/2011 | 20:21 | CHILD FLU VACCINE CONTAINS MERCURY ...ARE PARENTS STUPID? | - |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|---|---|---|---|
| 15:35:06 | 35.00 | 7,528 | 2,634.80 | UT |
| 14:35:14 | 35.20 | 280,000 | 98,560.00 | O |
| 14:01:11 | 35.96 | 1,251 | 449.86 | O |
| 13:34:56 | 35.00 | 122,460 | 42,861.00 | O |
| 13:22:15 | 35.00 | 125,000 | 43,750.00 | O |
| Top Posts |
|---|
Posted at 19/4/2024 09:20 by Mercia Asset Management Daily Update Mercia Asset Management Plc is listed in the Finance Services sector of the London Stock Exchange with ticker MERC. The last closing price for Mercia Asset Management was 35.60p.Mercia Asset Management currently has 440,810,454 shares in issue. The market capitalisation of Mercia Asset Management is -. This morning MERC shares opened at 35p |
Posted at 10/4/2024 07:54 by jimbox1 Some of the cash used in share buy-backs. |
Posted at 22/3/2024 08:17 by spectoacc Seems a little disingenuous:" Forward Nominees Limited, an entity closely associated with Ray Chamberlain, a Non‐executive Director of the Company, has sold 1,563,813 Ordinary shares. The Shares were sold on 21 March 2024 at 32.50p per share by non‐Chamberlai |
Posted at 21/3/2024 07:20 by rimau1 2 new mandates won with BBB and importantly they disclose that the NIM on the awards with BBB are 110bps which is good to know, 4m incremental revenue on ytd awards of 360m. Merc is flying! |
Posted at 13/3/2024 07:52 by rimau1 Good spot Robsy2, announced this morning. Merc really do appear to be flying and i have no bear case to counter my bullishness here. Even in an election year Merc will benefit from a potential change in government. Any thoughts to burst my bubble? |
Posted at 29/2/2024 20:07 by rimau1 BBB will (and should) get a lower margin for sheer size of assets flowing in. Merc are in the growing scale phase and FUM attracts more FUM. Remember this is all annuity re-occuring multi-year income. Its excellent news and Merc are carving out a nice niche whilst remaining under the radar. |
Posted at 29/2/2024 13:59 by spectoacc Only reservation is their description of the process being "..Very competitive..", it implies minimal profit to me.But MERC looks underrated even without today's - and possible impending - wins. At the very least, it's reputational and adds to AUM. |
Posted at 29/2/2024 08:06 by rimau1 Worth an extra £4m of asset management income pa - I assume a blended 200bps on FUM from previous results so that is a decent proxy. This is good news as we should exceed FY24 inflow and FUM targets now. Surprised it was labelled a highly competitive process as i thought Merc were the default choice for BBB but excellent news. Expecting outperformance across all metrics this year and £2m of extra interest income to help our profitability. |
Posted at 28/11/2023 11:25 by columbarius Miniscule reward? That’s a matter of opinion and conviction. I bought a second home in France last year thanks largely to profit from MERC and the share price is a gift again. |
Posted at 13/7/2023 11:06 by robsy2 I have added a few more this morning. I blow hot and cold with MERC but still see it as a broadly bullish story especially at this low level.What do we know? MERC is profitable , pays a 3.3% dividend and has a lot of irons in the fire. The share price has been lousy but the business is performing pretty well . The hybrid model of Balance Sheet investment, cherry picking opportunities,combin They are delivering and see a lot of opportunity to deliver more. They have added extra funds and capacity at good prices.They seem to be good at what they do, the VCT's perform well and continue to gather more and more capital. The network of regional offices and 140 staff means they are good at deal origination. They see the business as being quite scaleable which is good news . The British Business Bank (BBB) is a useful partner, in fact MERC manages around 25% of all the money they invest and they are adding more. One thing I asked them at the last presentation meeting was about how they feel they might benefit from some of the potential changes designed to get more investment money flowing towards small caps , venture capital etc especially from pension funds, the so called Mansion House reforms- they didn't really address the question, however these reforms are in the making and coming soon. My feeling is that MERC might be well placed to get their hands on more of the fund flows into Venture capital and in time this could be quite significant.Pension funds don't have any expertise in this area of investment and MERC do, so why not award them some mandates? |
Posted at 10/3/2023 11:46 by pavey ark Well I appreciate the recent posts as they did encourage me to have a look (again) at the recent figures and news from MERC.The company figures show that things are certainly going in the correct direction. I expect the dividend to increase yet again so should be over 1p. The cash balance is close to 50% of the market cap and the discount to (very real) NAV is probably over 40%. As MERC usually sell their holding at above their listed value this discount could be even greater. Once again private investors fail to grasp that management have little control over the share price.....but the market and the market makers do call the shots. This management are probably simply average in their desire to make as much from the company as they can but they do seem to be good at running MERC which is better than the greedy AND incompetent management teams that can be found. MERC is profitable , cash rich and has the means to increase the value of their investments significantly. They certainly get more right than they get wrong ....if this is not reflected in the share price buy more or sell your holding ....thems the rules !! |
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