Mercia Asset Management Share Discussion Threads

[redartbmud] 19/3/2020 09:14

Totally agree, In the same boat.
Jam tomorrow, but only for the chosen few.

[p1nkfish] 19/3/2020 09:07

Would not surprise me red. I do hold but have little trust of this management. Its run for them. Frankly, I probably should have sold out and not looked back. That is what I usually do once I feel this way towards a management.

[redartbmud] 19/3/2020 08:55

p1nk

Are you suggesting that lightening might strike twice in the same place?

[costax1654x] 19/3/2020 08:49

The only test used in U.K. are the Ncyt ones

[rambutan2] 11/3/2020 21:29

Clearly (the distressed) Invesco are dumping some more of its 63m. And Ruffer have been a buyer over the last month.

11. Additional information
Ruffer LLP now controls the voting rights over 22,088,000 shares (5%
of the voting rights) of Mercia Asset Management plc which are held by
the discretionary clients of Ruffer LLP and its subsidiaries (the voting
of which is all controlled by Ruffer LLP).

This change from less than 5% to 5% is due to a purchase of 250,000 shares
by Ruffer LLP on 9 March 2020. (was at 19.8p)

[sev22] 11/3/2020 16:56

A new Investment Company has appeared on the share register taking a 5% stake.

'An investment management partnership, Ruffer was founded in 1994. Today, over 300 people work at the firm, and we have offices in London, Edinburgh, Paris, Hong Kong and Guernsey. As at 31 January 2020 we have £19.5 billion in assets under management.

Ruffer is a partnership, and this structure aligns our interests with those of our clients.

Our senior staff share in the long–term profitability of the firm, so they are interested in investment returns and client relationships that are sustainable over the long haul.'

They obviously recognise the value on offer here. I never thought I would see the share price under 20p. According to the house broker Mercia's post-placing NAV is approx 49p, so the shares are less than half price!

[tole] 10/3/2020 14:50

Some large volume going through

[nico115] 04/3/2020 14:10

You bought loads at 32p and started boasting on all the other threads Now down 35pOuch You fell in love Still love this ?

[redartbmud] 02/3/2020 13:31

Chimers

Tell it as it is👍

[chimers] 02/3/2020 13:09

The directors here are OUTRIGHT LIARS AND CROOKS AND CHEAP SCAMMERS.

They have made the company uninvestable.

Fool me once shame on you.

Fool me twice shame on me.

[p1nkfish] 02/3/2020 10:11

Shame others don't have that confidence.

Management have screwed over PIs twice. First was option repricing and then the recent event.

Expect #3 soon. Options again probably as they have been unable to show value appreciation in the share price so will reward failure again.

[sev22] 02/3/2020 09:16

Trade 10 was a purchase by me, showing as a sell. Mercia's shares are heavily oversold and I can see material share price upside from here, despite market conditions. Initial price target 30p.

[ileeman] 25/2/2020 09:52

Will be interesting if they RNS the Coronavirus breakthrough, they should do as they own 30% of the company!

[lord gnome] 25/2/2020 09:35

LoL ? If you are knocking it, then it must surely be good. Run along please.

[iamgreat1] 25/2/2020 09:28

They are ramping this

[cheshire man] 24/2/2020 07:41

Yes one wonders why as this is excellent news for MERC

Direct Investments

Portfolio company makes breakthrough in Coronavirus

[sev22] 23/2/2020 14:28

I am not sure why there wasn't some sort of press release about this.

[its the oxman] 04/2/2020 09:51

Test of 30p not so far away

[p1nkfish] 04/2/2020 09:41

Should be up now.

£18Bn R&D tax credit commitment from Gov, and drive for it to be taken up outside London and into the North & Regions, will help MERC too.

[wan] 04/2/2020 08:54

One assumes then that the stage is now set for the foreseeable future!