We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| 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 | 0.00% | 30.50 | 0.00 | 07:32:30 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 30.00 | 31.00 | 30.50 | 30.50 | 30.50 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Finance Services | 30.43M | -7.59M | - | - | 131.52M |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| - | O | 0 | 30.50 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 06/12/2024 | 12:19 | ALNC |  IN BRIEF: Mercia Asset ups investment in defensive AI firm Netacea |
| 27/11/2024 | 17:17 | ALNC | EARNINGS: Shearwater interim loss widens; essensys annual loss narrows |
| 27/11/2024 | 14:44 | ALNC | Mercia Asset Management posts growth despite market uncertainty |
| 26/11/2024 | 07:00 | UK RNS | Mercia Asset Management PLC Interim Results |
| 19/11/2024 | 07:00 | UK RNS | Mercia Asset Management PLC Investor Presentation |
| 24/10/2024 | 06:00 | UK RNS | Mercia Asset Management PLC Notice of Interim Results |
| 01/10/2024 | 12:57 | UK RNS | Mercia Asset Management PLC Transfer of Treasury Shares |
| 27/9/2024 | 12:08 | UK RNS | Mercia Asset Management PLC Transfer of Treasury Shares |
| 26/9/2024 | 10:13 | UK RNS | Mercia Asset Management PLC Result of AGM |
| 26/9/2024 | 06:00 | UK RNS | Mercia Asset Management PLC AGM Statement |
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 |
|---|---|---|---|
| 27/11/2024 | 13:03 | Mercia Technologies PLC | 1,394 |
| 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 |
|---|
| Top Posts |
|---|
Posted at 16/12/2024 08:20 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 30.50p.Mercia Asset Management currently has 431,202,384 shares in issue. The market capitalisation of Mercia Asset Management is -. This morning MERC shares opened at 30.50p |
Posted at 27/11/2024 13:03 by ivyhedge Noted some of the past comments and management wages not really that high in comparison to others, taking some in shares is a good move for the future.Labour is making life hard for investing in anything but if you look at the basics of this company. companies invested in £120m cash £43 Income at 5% about £8m per year on other ventures (shoud be a safe estimate across £1.8bn . That puts you well above the companies estimate of about £130m. Assume they carry on as they are adding about 0.4p per share per year and you get thier worth at double todays share price. Would suggest the shares are well worth investing at this price. Liked the product so bought another 5000 shares this morning. |
Posted at 27/11/2024 09:27 by pavey ark I would like to thank the recent posters....as MERC is only just over 4% of my total portfolio and I consider it to be safe, sound and growing I have been rather lax and haven't kept up with the fine detail.....until this morning.1. Yield for the year very likely to be over 3% 2. Obviously cash (£46m) produces income but can hardly generate enough to support a much higher dividend 3. The share price is supported by the very considerable direct investment portfolio (£120m) but this is not income producing. 4. Rather bizarre to quote a PE based on non income producing assets and then ignore the fact that these assets and cash are worth more than the market cap. 5. Subject to certain (not onerous) caveats shareholders are getting the valuable ,income generating, growing fund business for free. 6. Quick random check of three of my share doing buy-backs ....all are putting the bought shares into treasury. 7. Some of the extra admin money spent on launching new funds ....kinda what they are supposed to do!! Well that was easy and helpful.....very happy to hold and considering buying more.. "you pays your money you takes your chance" |
Posted at 26/11/2024 15:41 by pavey ark Hmmm ?? moving swiftly on !!When the election results were announced I eventually got round to looking at my share portfolio and any possible impaction on particular shares. UK property shares, renewables , financials etc but I was certainly prepared for MERC to benefit from a Labour government. Labour has rightly long favoured investment outside London and the SE and MERC is certainly in a position to benefit from any injection of capital to the regions. Cash pile is certainly substantial but this will grow to rather silly levels if/when the direct investments are sold off. I thought the dividend could have been increased further but perhaps will be in the full year results. EDIT: end of a positive write-up in IC today:- "Research house Equity Development values Mercia at a sum of parts of 52p and sees no reason to discount its direct investment portfolio given that the company continues to complete successful exits. We stick with out recommendation. Buy." |
Posted at 26/11/2024 12:34 by pavey ark A rather disturbing post but not that surprising.Tell us again how well you have done with MERC. Tell us again that the smart thing is to trade.......perhaps even try to imply that you are smarter than the rest of us who are foolish enough to hold shares in MERC and don't have your insight. But I depart with my very favourite Mark Twain quotation (attributed) "Never argue with idiots. They drag you down to their level and beat you with experience!" |
Posted at 26/11/2024 09:05 by pavey ark Good set of figures .....happy to hold but then I actually hold share and certainly don't spend my time obsessing about a company I once held shares in.The pearl clutching drivel continues here. |
Posted at 30/9/2024 06:30 by edmonda "Positive trading, discount-to-NAV being addressed"In its AGM statement of 26 Sep 24, Mercia has confirmed that trading has been positive to date in FY25 (1 Apr 24 – 31 Mar 25), it is encouraged by current deal pipelines, and it is “optimistic for continuing profitable progress” in H2. We remind readers that Mercia is scaling rapidly, with FUM more than doubling over two years to >£1.6bn. This was boosted by record net inflows in FY24 of >£0.5bn, including a string of new mandates from British Business Bank. Mercia has also confirmed a net cash position of over £43m (30% of its market cap), a few days before the end of H1-25. With no debt, its balance sheet remains exceptionally strong. With our fair value of 51p, we maintain our position that there is potential for a significant share-price rerating. |
Posted at 31/7/2024 08:21 by robsy2 Greed aside for the moment and picking up on Cordwinders post , I saw this on the PHNX thread.Phoenix Group and Schroders to launch new private markets investment manager with £1bn initial commitment; up to £2.5bn over three years There will be a lot of money sloshing around looking for a home. MERC is changing tack to capture this and looks well placed. |
Posted at 02/7/2024 07:30 by edmonda Equity Development initiates coverage today on Mercia AM as they announce a strategic shift to focus on highly profitable and fast growing fund managementFull research report with audio summary here: "A deeply undervalued specialist in private markets" Mercia is one of the largest investors in ‘regional&rsqu FY24 revenue grew 18% y-o-y to £30.4m, EBITDA 7% to £5.5m, a margin of 18.2%, likely to ratchet up over the longer term as the business scales further. Indeed, the newly announced Mercia 27:100% growth strategy aims to reach £3bn AUM (FUM + proprietary capital) and £11m EBITDA in 3 years. Mercia also invests its own capital into a portfolio of ‘direct investments’ (NAV: £189m on 31 Mar 24). Its record is impressive. A strategic change is to be proposed at the 2024 AGM - to focus primarily on highly profitable and fast-growing fund management, and to stop making new direct investments (while supporting existing investments). This allows Mercia to reclassify from an investment company to a trading company under AIM rules, allowing gains made on shares to be IHT-exempt (under certain conditions). With a fundamental value 65% above the share price, we see potential for a significant rerating. |
Posted at 01/6/2024 14:15 by pavey ark My initial annoyance sprang from people coming on here saying that they have sold, trashing the share, implying that holders don't have the savvy and insight they have .....then announcing they will buy back in when the share price falls!!There is not a management team in the universe that don't have the financial interests/returns of the the management team as their number one priority....perhaps they are a bit more subtle than this lot but no different. IC 28/11/23 " Mercia is well-run and still manages to thrive in an under-performing sector. We stick to our recommendation. Buy." Now I appreciate that a number of posters may be concerned by the lack of real understand that myself and others may have so I consulted the trusty old spreadsheet (I set up a new spread sheet on 5/11/2019) I notice that I have almost exactly the same number of shares as I started with BUT I have bought six times and sold six times ...usually 15%-25% of my holding each time. (prices range from 19.5p 11/7/20 to 43.00 29/9/21 and almost everything in between....then and since). Excluding dividend my return is 18.74%.....not great but times have been tough. Dividends should put that up over 20%.....looking forward to better times....we all live in hope. |
Posted at 30/5/2024 16:28 by nocton Asset value down 2p due to write-off of Impression Technologies. Hence fall in share price.See: |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
