Share Name Share Symbol Market Type Share ISIN Share Description
Mercia Technolgies 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
  +0.00p +0.00% 31.00p 30.00p 32.00p 31.90p 31.00p 31.50p 94,185 14:00:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 10.2 1.6 0.6 56.4 94.03

Mercia Technolgies Share Discussion Threads

Showing 226 to 249 of 250 messages
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DateSubjectAuthorDiscuss
19/7/2018
09:58
Market is voting. Granted, it's fickle, but Merc not helping itself. My mind returns to the damp squib of the Sci Warehouse exit. They need to prove that was a rubbish one off and not the norm.
p1nkfish
18/7/2018
21:58
If you haven' read the article, a link to which was posted by wan, this might be interesting: "Mercia Technologies is an interesting option too. It focuses on investment opportunities in the Midlands, the North and Scotland and has links with 19 UK universities. It takes a broader approach, with university spin-outs accounting for about one quarter of its investments. It has the 20 significant direct portfolio investments on its balance sheet, some of which have been highlighted above, but it also operates a range of funds investing in promising start-ups. The ones that show promise and thrive are promoted to the portfolio of growth companies it invests in directly. All of these started out as fund stakes that are now being scaled up. There are 170 businesses being nurtured within its venture funds. Mercia receives around 1,700 business propositions a year but only invests in 6% of them. Firms its funds have successfully nurtured include software groups Blue Prism and Allinea, spun out from Warwick University and sold to ARM in December 2016. Mercia has £0.5bn of assets under management."
turbocharge
18/7/2018
21:39
Just revisit the fundamentals. 1) What has MERC actually invested to date in all of the start-ups it's backing ? 2) What is the current MCAP ? 3) What's the ratio of the one to the other ? 4) What further outlay/exposure might MERC have to keep all those ventures going ? 5) If (say) 5% of the total number of ventures backed actually breakout, how does that impact the valuation of MERC's investment in just those ? 6) If (say) 10% "sink" and no return can be realised by MERC, how does that impact the valuation of MERC's investment in just those ? 7) Assume the rest "tread water", including bailing out in some, investing in some others 8) What might that mean in terms of a re-valuation of "Assets" ? 9) What might that mean in terms of a revised MCAP & impact on the share price ? .... alternatively, maybe the Market's more thorough assessment is that MERC is mostly failing to realise any worthwhile return on a majority of investments and hence the MCAP is being driven down. I'm still undecided... looks like my sort of thing, especially with such a breadth of ventures supported... but it doesn't look like it's backing too many "winners" and clearly not realising a respectable return.
mdalos1
17/7/2018
09:58
If it breaks 30p it will be interesting to see the bottom. Currently not in favour, may be down to a general attitude to UK currently. Wondered if Woodford might be selling down as he did in GROW. could be a way to go if so.
p1nkfish
17/7/2018
08:50
For an interesting read, where Mercia gets good coverage - The fledgling industries emerging from our universities By: Dr Mike Tubbs 13/07/2018 https://tinyurl.com/ydheryte
wan
17/7/2018
08:48
Cheap and getting cheaper by the month. Something is not right here.
redartbmud
17/7/2018
08:39
@Nocton - or not, as the case may be ;) I'm a happy long term holder of Mercia - they're "cheap" compared to a lot of similar (eg ALM) & the managers have a record of success. They only need to repeat it with one or two of MERC's holdings.
spectoacc
17/7/2018
08:34
Surely its like any investment trust, the value is returned to shareholders with rising NAV and rising share price.
nocton
16/7/2018
17:51
Nail hit on head. Discount the market wants to place on capital appreciation depends on perception. Hard to judge that unless they knock ball out of the park reliably which they haven't done yet, hence languishing price.
p1nkfish
16/7/2018
17:03
We can only hope, but I am not holding my breath. The fundamental problem with the business model is that fact that there is no mechanism for returning value to shareholders.
redartbmud
16/7/2018
16:21
Quite a lot of selling in recent days, but share price seems to be holding up well. Maybe a buyer is building a stake in MERC at the moment...?
turbocharge
07/7/2018
07:33
The IC mag also says buy.
weatherman
04/7/2018
07:43
One of Mercia's rising stars, Crowd Reactive acquires Excelerated Apps July 4, 2018 Lisa Ward, Investment Director at Mercia, said: “EventsTag’s acquisition of Excelerated Apps brings together a strong technology suite and an experienced team, and we see huge potential to take the technology to a wider audience across the globe. We are pleased to continue backing the business, which has experienced significant growth over the last 12 months, increasing revenues by 100%, and placing itself in a strong position to disrupt the market.” Full story - https://tinyurl.com/Excelerated-Apps-Acquisition
wan
03/7/2018
10:53
IC says they are still in the buyers circle due to large 20% discount to NAV. They also have a fast growing fund management business, which reduces overall management costs substantially for the group as a whole.
weatherman
02/7/2018
15:40
I've shown interest by buying 12,345 shares!
turbocharge
02/7/2018
15:07
I take that back. There is some interest at this level. May be promising with patience.
p1nkfish
02/7/2018
14:59
Market doesn't show interest today. They need to show proof via exits at higher total return than sci warehouse.
p1nkfish
02/7/2018
13:55
Reading the report the NAV of 40.7p doesn't include the value of the managed funds business that is generating much of the 10m revenue. This may be why there are estimates of total NAV higher than the value of investments.
weatherman
02/7/2018
13:21
They hope to add value "As the Group continues to mature and expand we believe that Mercia is far more than the sum of its parts. We have the right team in place to drive the ongoing evolution of Mercia and are confident that we will deliver significant shareholder and stakeholder returns over time from a materially larger operation, as the Group and its balance sheet portfolio continues to grow in value." "
weatherman
02/7/2018
12:10
"A great supporter of UK tech!" What about shareholdets?
p1nkfish
02/7/2018
11:02
Techmarketview: Mercia marches on apace Prolific 'twin-engined' UK tech investor Mercia Technologies has come a long way since its listing on AIM back in December 2014. At that time Mercia had some £31m of assets under management, 9 university partners, one office and 8 employees, and turned over £700k. Today Mercia has about £500m of assets under management, 19 university partners, 9 offices and 80 employees. And revenues for the year ended 31st March 2018 topped £10m. Mercia's 'twin engines' are its Funds Management business (about 190 investments) and its 'direct' (i.e. plc) investment business (26 companies) – 'Emerging Stars' as CEO Mark Payton refers to them. I chatted with Payton this morning and he was broadly speaking sanguine about my assessment of Mercia's progress to date as "so far, so good – but could do very much better". Three cash exits have all been above holding value, though in the case of Little British Battler Science Warehouse, he was clearly hoping for more (see Advanced accelerates cloud strategy with Science Warehouse). Payton has done a great job broadening the business away from its 100% dependence on university spin-outs, which now represent only 25% of the fund management portfolio. Meanwhile, Mercia's pace of investment seems to get more and more frenetic, some 8 to 10 transactions per month (start with Pimberly looks for long shelf life with £2m funding round and work back). A great supporter of UK tech! hxxp://www.techmarketview.com/ukhotviews/
aishah
02/7/2018
07:36
Results. Sci Warehouse is not a result to trumpet and let's hope others are exited in a more profitable fashion. Discount here is not too surprising.
p1nkfish
23/5/2018
08:49
Mercia is a long term investment, and highlighting particular portfolio company developments is hardly ramping!
wan
23/5/2018
08:41
Keep ramping mate, I need a big rise in the share price, so that I can get out at break even.
redartbmud
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