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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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 39.00 38.00 40.00 40.00 39.00 39.00 125,467 08:00:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 23.4 34.0 7.8 5.0 172

Mercia Asset Management Share Discussion Threads

Showing 1026 to 1049 of 1250 messages
Chat Pages: 50  49  48  47  46  45  44  43  42  41  40  39  Older
DateSubjectAuthorDiscuss
01/12/2020
10:50
Which broker? OK you answered my question - thanks.
weatherman
01/12/2020
10:46
Broker upgrade. H1 has seen a clearer outlook for portfolio valuations which has allowed Mercia to recoup some of the reduction at the Finals. Cash earnings are better than expected as costs have remained lower for longer. A well-funded portfolio and £25m cash has prompted declaration of a maiden 0.1p interim dividend – a strong signal of confidence. Lower costs and increased asset values have prompted 30-45% upgrades to adj. EBITDA across the horizon. The shares are trading at a 32% discount to NAV, of which 17% is cash. This disregards all value for the asset management platform. A 10x EBITDA multiple ascribed to 3rd party asset management earnings plus NAV points to a c.40p/share intrinsic value, before further value creation. Courtesy of N+1 Singer and Research Tree. There is more on payment of a subscription.
columbarius
01/12/2020
09:31
I make that NAV of 33.7p, without consideration of the FM business.
weatherman
01/12/2020
09:25
;-) Thanks redart! Looking forward to it already! D
dennisbergkamp
01/12/2020
09:03
Very pleasing results. Excellent. Well done everyone at MERC.
p1nkfish
01/12/2020
07:54
dennisbergkamp Maiden interim dividend of 0.1 pence per share (H1 2020: nil) payable on 30 December 2020 to shareholders on the register at close of business on 11 December 2020 Make that a pint instead of a half!! You can afford to go all out now.
redartbmud
01/12/2020
07:39
2 x pre mkt OB trades already completed
scepticalinvestor
01/12/2020
07:22
Solid progress. NAV up 15% ish, profitable operating business,maiden dividend.
robsy2
30/11/2020
17:04
After 6 months odd, I'm finally showing enough profit for a round of drinks! No pub till Wednesday though ;-) D
dennisbergkamp
30/11/2020
16:17
Still time to buy below last year's placing price.
columbarius
25/11/2020
16:00
redartbmud In answer to your posting on 10 November I do perceive an advantage for MERC shareholders in successes achieved by the Managed Funds. The better they perform, the more subscriptions they attract and the greater the fees that MERC can charge. Far and away my best investment success in recent years has been in IPX. The share price has risen nearly 12 fold in about 4 years and much of this is attributable to the success of the funds they manage. Their only quoted investment trust is, I believe, Impax Environmental. This has outperformed most in its sector but IPX shares have done much, much better. IPX specialises in investments acceptable to institutions worried about Climate Change and this is a large factor in its success. If MERC makes good money for those invested n its managed funds, then MERC's shareholders will benefit too.
varies
25/11/2020
13:08
;-) always! D
dennisbergkamp
25/11/2020
12:54
Stay cool in front of goal like you used to :-)
gwr7
25/11/2020
11:49
Such a tease! Always gets you excited, to then withdraw! ;-) D
dennisbergkamp
25/11/2020
11:06
Yes looking ready to pop at last. Plenty of catch up if any news is half decent.
its the oxman
25/11/2020
11:03
Getting close to breakout, needs a push and info next week might just do it.
p1nkfish
23/11/2020
08:55
Can buy 110K at 21.49. Need to clear some hurdles then upwards.
p1nkfish
22/11/2020
20:17
Early thirties?
semper vigilans
22/11/2020
19:59
At my age I might not live long enough to see the outcome.
redartbmud
22/11/2020
19:49
Around 17/11 there was a Golden Cross on the 1 year chart. Close above 21.8/22.0 would be telling, especially on volume.
p1nkfish
22/11/2020
17:50
We’re reaching the end of a 6 year downtrend. I expect the uptrend will last at least that long. All the usual moving averages have converged. There will be a breakout and I don’t think it will be down.
columbarius
22/11/2020
10:22
I think so as well. I agree with parvey’s post back in october. The share price does not reflect the progress made. That can change quickly.this business is much better now than it was 12 months ago. It is self financing for a start. That is a major plus point.
robsy2
19/11/2020
11:15
Some time it has to burst upward.
p1nkfish
19/11/2020
07:22
Absolutely correct. They need to blow a trumpet but appear happy so long as they get paid.
p1nkfish
Chat Pages: 50  49  48  47  46  45  44  43  42  41  40  39  Older
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