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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
  0.00 0.0% 29.35 168,150 08:00:00
Bid Price Offer Price High Price Low Price Open Price
29.20 29.50 29.35 29.35 29.35
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 23.18 27.36 5.93 4.9 129
Last Trade Time Trade Type Trade Size Trade Price Currency
15:58:19 O 15,154 29.305 GBX

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Date Time Title Posts
20/11/202209:34Mercia Technologies PLC1,204
01/3/202122:09Mercia Technologies PLC61
29/1/201421:58The new SL500 came today14
24/11/201107:05Merchant Secs37
17/1/201120:21 CHILD FLU VACCINE CONTAINS MERCURY ...ARE PARENTS STUPID?-

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Posted at 04/12/2022 08:20 by Mercia Asset Management Daily Update
Mercia Asset Management Plc is listed in the General Financial sector of the London Stock Exchange with ticker MERC. The last closing price for Mercia Asset Management was 29.35p.
Mercia Asset Management Plc has a 4 week average price of 27.70p and a 12 week average price of 23.20p.
The 1 year high share price is 42.50p while the 1 year low share price is currently 23.20p.
There are currently 440,109,707 shares in issue and the average daily traded volume is 66,387 shares. The market capitalisation of Mercia Asset Management Plc is £129,172,199.
Posted at 20/11/2022 09:34 by illiswilgig
Robsy,

thank you for raising Uniphy and also good to know that you got an answer to your question.

It does look interesting - the website is very slick and the board look to be very impressive. In the sense that I don't see them being involved unless there is big potential. Whether they are close to realising that, or ever will is not clear to me. There is not a lot of depth to the information on the website - it's not possible to tell how far along the development they are. The potential certainly looks to be big. The collaboration with Hyundai, whatever that means, looks to be interesting as well. Overall I get the feeling that the technology is interesting enough for some big players to be involved but they are just at the start of the road to commercialising it. So risks are high, but its also when the greatest rewards tend to be made if it comes off.

I had a quick look on companies house - according to the latest results (to dec 21) they have 14 employees up from 10 the year before. They look to be burning through cash at quite a rate. And certainly have needed an injection of funds this year. Which may continue to be the case for some time. Looks to have been quite a lot of corporate activity in the last few months - so they may well have just pulled off a funding round and pulled in some new investors. Probably a very recent investment for MERC.

It's for this kind of investment that I hold shares in MERC so I'm pleased to see it and I'll be interested to see how it proceeds,

thanks,

Posted at 16/11/2022 16:07 by redartbmud
pink

Fair enough, but this is a share to trade and not hold forever. Buy low and sell for a profit. I just don't see the share price moving out of a range. The way they operate the business cast iron guarantees it. As soon as it hits the 30's it dives, following some news, fact or other.

red

Posted at 16/11/2022 15:20 by p1nkfish
Their track record in attitude to PI's has been less than brilliant but I swallowed my ire and bought a lot towards 20p and below a while back - no regrets from me. The price was too attractive.

I hope they realise that PI's matter especially if they want a share price that reflects the value. Ignore the wider shareholder base and it will cost them in a discounted share price.

Also, supporting the regions attracted me. London/Ox/Cambs always get the lions share when there is talent and drive elsewhere that needs a hand.

Posted at 16/11/2022 14:59 by redartbmud
pink

Too right.
I didn't paricipate in the fundraising at 46p that saw the share price fall to about 20p in very short order.
I was around when the share options lapsed, so they just reissued them. That was Paul Daniels or even Houdini at their best!

The disappointment is the fact that when they sell down an investment and boast that they sold it for a 10 to 15 multiple, it seems to make little difference to tha share price or shareholder returns. On the other hand there are some who benefit.

I tried to ask the following question:
What are the returns for the investors in the funds relative to those of the shareholders? Strangely they ran out of time before they were able to answer it.
Hey ho...

red

Posted at 16/11/2022 13:36 by columbarius
That's no clearer. Where have you been the last 30 years if you think their pay is obscene?

Is your comparison of Mercia to crypto currency rocket science?

I'm getting a 3% dividend and have a very good paper gain despite MERC continuing to be priced at a huge discount to NAV.

It is difficult to assess the value of their portfolio companies, but they have a good track record when it comes to selling them.

Posted at 16/11/2022 09:08 by redartbmud
Mercia is like a Crypto currency.
You cannot see what lies under the hood, or where it sits in a labyrinth of complexity that constitutes the accounts.
The only visibility is the poor performance of the share price and the obscene rewards to management.

Posted at 16/11/2022 08:40 by robsy2
I went to the virtual event a few weeks back and got particularly excited about one of the featured companies, Uniphy, who have developed a patent protected "smart surface enabling technology", that the impressive CEO claims could "make them a Unicorn plus in a short space of time".
Interested, I thought I'd see how much of this we own, so I checked-out if MERC has a direct B/S holding. I couldn't find any reference to it as a direct holding and neither can I see it as a direct holding in any of the VCT's that MERC manages, so I sent them an email asking for more info.


Enviado el: 03 November 2022 09:23
Para: 'info@merciatech.co.uk'
Asunto: Direct Portfolio holdings

Hi
I am invested in Mercia and attended the investors presentation, which was very interesting.
One of the companies highlighted is Uniphy, my question is, Do we have a direct balance sheet investment in this company? I ask, because I can’t see that we do. It looks like a very interesting company so I’d be interested to know how we are involved with it , directly? or through the VCT’s or other funds?

hxxps://uniphy.global/technology/.

I look forward to hearing from you.
Thanks in advance.
R


No response as yet. Can anyone help me? Is two weeks a reasonable time to get a reply? Does anyone else have experience or pointers about how best to get info from companies because I have two or 3 stony silences from companies I am invested in
where I have unanswered questions. Is there a better approach?

Posted at 29/9/2022 08:46 by robsy2
I think we are all getting a bit jaded, well I know I am, but I do think the future looks better than the share price suggests. MERC has a lot of cash and a stated ambition to use it with M&A. I am hoping they can use it well to buy some more VCT assets on the cheap like they did before.
"Pearl clutching swoon" is excellent.

Posted at 14/9/2022 05:08 by p1nkfish
Take a look at the share price performance of IPO, GROW and get the idea of what could have happened so far. Very poor share price perfornance and discount to NAVs substantial etc etc. At least Merc has a better yield.
GLA.

Posted at 21/4/2021 12:30 by bb123
Notice of Results
year ended 31 March 2021 on Tuesday 6 July 2021.

Mercia Asset Management PLC (AIM: MERC), the proactive, regionally focused specialist asset manager with c.£872million of assets under management, will announce its preliminary results for the year ended 31 March 2021 on Tuesday 6 July 2021.



An analyst webcast will be given by Dr Mark Payton, Chief Executive Officer, Martin Glanfield, Chief Financial Officer, and Julian Viggars, Chief Investment Officer, at 9.30am on the day of results. Analysts wishing to register are asked to contact mercia@fticonsulting.com.



In addition, as part of its continuing commitment to appropriate and open communication with all shareholders, Mercia is pleased to announce that it will also provide a live presentation and Q&A via the Investor Meet Company platform at 3.00pm on the same day. Registration details will be provided nearer the announcement date.



Ends





For further information, please contact:



Mercia Asset Management PLC

Mark Payton, Chief Executive Officer

Martin Glanfield, Chief Financial Officer

www.mercia.co.uk



+44 (0)330 223 1430



Canaccord Genuity Limited (NOMAD and Joint Broker)

+44 (0)20 7523 8000

Simon Bridges, Emma Gabriel, Richard Andrews







N+1 Singer (Joint Broker)



Harry Gooden, James Moat



+44 (0)20 7496 3000





FTI Consulting



+44 (0)20 3727 1051

Tom Blackwell, Louisa Feltes, Shiv Talwar



mercia@fticonsulting.com







About Mercia Asset Management PLC

Mercia is a proactive, specialist asset manager focused on supporting regional SMEs to achieve their growth aspirations. Mercia provides capital across its four asset classes of balance sheet, venture, private equity and debt capital: the Group's 'Complete Connected Capital'. The Group initially nurtures businesses via its third-party funds under management, then over time Mercia can provide further funding to the most promising companies, by deploying direct investment follow-on capital from its own balance sheet.



The Group has a strong UK footprint through its regional offices, 19 university partnerships and extensive personal networks, providing it with access to high-quality deal flow. Mercia currently has c.£872million of assets under management and, since its IPO in December 2014, has invested c.£106million gross into its direct investment portfolio.



Mercia Asset Management PLC is quoted on AIM with the EPIC "MERC".

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

END

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