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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 08:00:16
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 1051 to 1073 of 1250 messages
Chat Pages: 50  49  48  47  46  45  44  43  42  41  40  39  Older
DateSubjectAuthorDiscuss
02/2/2021
10:37
I have quite a few here but I have been distracted. I don't really bother much as I think it must come good as that usually happens when undervalued companies eventually get noticed. Yes they are obviously trying to get the word out and that is good but investors come if the value is there and certainly don't care about historic events. The catalyst will come from their direct investment portfolio.....it is what attracted me and it will attract others.
pavey ark
02/2/2021
09:55
The trend since IPO is also off putting to many who care to look. Anyway, time they started shouting louder, hence todays release. They have competition for investor cash.
p1nkfish
02/2/2021
08:43
It didn't bother me and anyone could have bought at less (a lot less) than the issue price. I'm not a precious little flower and the likes of Simon Thompson are only useful in sparking ideas...the rest is up to the individual. Simon Thompson has put up with a lot, lot worse and turned a blind eye. I don't take this historical event into consideration here and will hold, buy,sell on my fundamental view of the company. I always expect management to do what is best for them but the fact that they usually have to bring investors along with them usually results in an alignment of interests .........when they no longer need to bring investors along then you have to watch out.
pavey ark
02/2/2021
08:29
Happy to hold too but they did treat pi's with disdain and hence many have a barge pole attitude to MERC, Simon Thompson or not. A company that doesn't embrace all investors pays a price.
p1nkfish
02/2/2021
08:12
Well that was a bit strange....welcome but a bit strange. For the first time in a while I've been looking over the company but especially the direct portfolio. The company is massively undervalued but as Simon Thompson in Investors Chronicle has thrown a hissy they appear to be struggling to get the message out.....perhaps this is why they produced today's note. The thing that will get the message out is a major realisation from the portfolio but I think people have been saying that for some time. Happy to hold.
pavey ark
07/1/2021
14:32
Should improve on quality and momentum scores and then the macro-micro momo people will see it and join in. Macro for UK, micto on stocks in the UK. Just mho.
p1nkfish
07/1/2021
14:17
We're now High Flyers according to Stockopedia which might attract some attention. Their 'value' score is low but based on old news and the stock rank is steadily rising having been 'bearish' a couple of months ago. A lot of people find the company difficult to value. I'm very confident on that score though I've put the effort in.
columbarius
06/1/2021
19:44
Very much agree and it will arrive on the screens of momentum players to help push it along.
p1nkfish
06/1/2021
18:27
It's been a solid value play for a while and now the 200 day moving average has turned up it's a solid momentum play. In the podcast above Pete made a good point that some exits have taken longer to materialise than expected so patience is definitely required. Personally I'd rather they ran winners than sell too soon but everything in their portfolio has a price and I feel they're entering a sweet spot for some of their companies.
columbarius
04/1/2021
23:37
Hi all, My mate Peter @Conkers3 and myself did a ‘Twin Petes Investing’ Podcast a few days ago and part of our discussion includes MERC which I think Peter C3 holds. We also chatted about loads of other Stocks and Ideas for research and a fair bit of educational stuff with regards to Investing and Portfolio Management. Anyway, if you use Youtube, Apple, Audioboom, Overcast or Spotify you can find it under the 'Conkers Corner' Channel (you want Podcast TPI 39) and you can find it on Soundcloud at the link below. I hope you enjoy it and find it useful, we try to keep them light and they are totally unscripted, not like all the stuffy financial fodder you are probably more used to !! Happy New Lockdown !! WD @wheeliedealer hTTps://soundcloud.com/user-479955511/conkers3-wheeliedealer-39-2064-profit-aph-clin-merc-pdd-axs-som-itm-adm-swg-vle-ai
thewheeliedealer
19/12/2020
10:38
davebowler. I am sorry your posting aborted. Perhaps you were going to comment on Abingdon Health (ABDX)which has just raised £22 million and where MERC funds hold a large stake. MERC does not seem to hold shares in ABDX directly but will, no doubt, benefit if ABDX prospers. The ABDX web-site demonstrates the use of its lateral flow test for Covid19 anti-bodies. There are, of course, competitors for this product including one being developed by Paraytec in which BRH has a large interest. In coming weeks these products are likely to attract considerable interest. (I hold shares in both ABDX and BRH as well as MERC)
varies
04/12/2020
16:17
Edison: Mercia has demonstrated real progress on its three-year strategic plan to achieve operating profitability, expand AUM to £1bn and ‘evergreenR17; the balance sheet by end FY22. AUM have increased to £872m, with third-party, fee-earning FUM of £722m. The group delivered an operating profit of £8.0m (H120: £2.1m), an adjusted operating profit (ex-realisations, fair value gains, etc) of £1.1m (H120: £0.6m loss) and H121 EPS of 1.87p (H120: 0.69p). Revenues are sustainable, with 87% recurring, allowing Mercia to initiate a progressive dividend policy, with a maiden interim dividend of 0.1p per share. Despite progress, Mercia’s shares continue to trade at a material 20% discount to NAV (0.80x), before considering the incremental value of the third-party funds business (we estimate at 3% of FUM, or 4.9p).
davebowler
04/12/2020
12:21
The growing fund management income will pay the progressive interim and final dividends and cash from realizations will fund the portfolio and perhaps special dividends. I like the business model.
columbarius
04/12/2020
09:38
Most of this eps was from a couple of sales and fair value portfolio increase - if they can repeat that every year then great value going forward - but its lumpy income.
weatherman
04/12/2020
09:30
The shares seem to be valued on a discount to NAV basis by Edison and on that basis look good value. Edison say that soon they will be able to value this stock on a multiple of earnings, clean EPS was 1.87p for the first half for the full year it might be 3-4p for the full year which would put it on a P/e of 7-10 times, much of their earnings are recurring fee income.
gfrae
03/12/2020
22:48
Edison note published online. hxxps://www.edisongroup.com/publication/the-hybrid-model-halfway-home/28394
weatherman
02/12/2020
08:44
A handy payment covering about three quarters of the maiden interim dividend. Also note today's RNS from Mercia portfolio company Concepta (CPT). It's been largely written off in Mercia's conservative books but new management (Mercia now represented on the board) and change of direction look promising. Any share price appreciation from the 1p level adds to Mercia's NAV. Someone likes the newsflow, 400,000 buy at 27p.
columbarius
02/12/2020
07:34
Mercia Asset Management PLC ("Mercia", the "Group" or the "Company") Performance fee entitlement Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager with c.£872million of assets under management, is pleased to note that Northern Venture Trust PLC ("NVT") has released its preliminary results for the year ended 30 September 2020. As a consequence of NVT's strong recovery in its net asset value per share, arising in part from a very recent successful sale of one of its investments, Mercia, as investment adviser to NVT, is now entitled to receive a performance fee of £284,000. This revenue will be included in Mercia's full year consolidated financial statements for the year ending 31 March 2021. Mark Payton, Chief Executive Officer of Mercia, commented: "It is very encouraging to see the recovery in net asset value per share of Northern Venture Trust PLC, as well as similar recoveries in net asset value per share for both Northern 2 VCT PLC and Northern 3 VCT PLC. This recovery in asset prices is consistent with what we are seeing in our own direct investment portfolio." Gobsmacked from Goole. Makes a change from them giving it away.
redartbmud
01/12/2020
16:35
Sounds positive. I’ll have a listen when i find it. I find the company communications a a bit longwinded for my liking.
robsy2
01/12/2020
16:27
Presentation was very positive. Need to rewatch as quite a bit of info, easy to miss bits. Very pleased to see results, good for all concerned including UK regions.
p1nkfish
01/12/2020
16:09
Apologies if I led anyone up the garden path - I've edited the presentation time in 880 to make it look as though I got it right. I missed most of the chat but it was recorded on the Investor Meet Company platform so should be available soon. I caught the questions and thought they were handled well. On the discount to NAV they're confident the market will find the value based on industry metrics so my opinion is that the broker targets are achievable and an overdue re-rating will occur.
columbarius
01/12/2020
12:16
Anyone going?
robsy2
01/12/2020
11:17
You can register for a webinar starting at 15:00. They're speaking to analysts this morning.
columbarius
Chat Pages: 50  49  48  47  46  45  44  43  42  41  40  39  Older
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