Mercia Asset Management Share Discussion Threads

[duxy786_2] 20/5/2016 08:08

Looking interesting here. Dipped in for a few this am. First lot, will add more if the price is marked down over the next few weeks

[deltrotter] 08/2/2016 16:47

Directors Talk video:

[deltrotter] 14/12/2015 08:05

Thought they would have RNSd this one:

[127tolmers] 08/12/2015 08:14

modform, I beg to differ. This is an investment company not a trading company. The losses relate to the staff build up to seek out and monitor investments. The actual investments show a small unrealised gain. The real question is whether such companies should trade at a premium to NAV by giving exposure to PIs to a portfolio of unquoted companies that would be outside their normal remit.

I would suggest that the comparatives are Imperial Innovations and Woodford Patient Capital.

[modform] 07/12/2015 20:14

What do you mean, no newsThe drop in share price is as a result of such a poor trading update on Dec 3. You can buy as many shares as you want live, but you can't sell a single share unless you use limit order, ask your broker.

[deltrotter] 07/12/2015 19:21

Oversold IMO. One for the long term - I invested for five years just after it came to market. I suspect it will do very well over that period.

Tempted to add more here, but won't as it takes up its share in my portfolio.

[127tolmers] 07/12/2015 17:30

A big drop in share price today on no new news.

The shares are still trading above NAV which contains a lot of uninvested cash as per their recent half yearlys. Imperial Innovations trades around 150% of NAV.

I wonder if there was an IPO lock in that has just come to an end? Perhaps someone knows the answer.

I got ADVFN to amend some of the descriptions that still had with it described as the former unrelated Merchant Securities.

[deltrotter] 08/6/2015 20:33

Fits quarter review:

[deltrotter] 31/5/2015 22:01

May 31, 2015 7:33 pm
Mercia investors warm to group’s approach to start-ups
Andrew Bounds

If only investors had it that easy: gaining some exposure to the next hot start-up without the risk that it might fail.

Several University spinout groups such as Imperial Innovations and IP Group have had mixed fortunes as investors took fright after the 2008 financial crisis.

Now, Mercia Technologies, which listed on Aim in December last year, has come up with possible solution: a hybrid that identifies promising, young businesses, but keeps funding the best performing ones for up to 20 years.

The specialist investor aims to have sufficient spread that some businesses will be paying out dividends while it invests in other, younger ones. And while it has relationships with nine universities, mainly in the Midlands where it is based, it also looks elsewhere for opportunities.

“About half our investments are university spinouts. We want to build digital businesses. They don’t tend to come from universities although many of the people that work in them do,” says Mark Payton, the chief executive. A former Oxford university academic, he has 20 years’ experience of spinouts and has made more than 30 venture investments.

...

The market remains open minded. The stock is hovering just above its 50p listing price. House broker Cenkos estimates its net asset value (NAV) at £75m. With a market capitalisation of about £113m, that gives it a price/NAV of 1.5. The sector has historically traded on roughly three times NAV.

....


Won't post the rest, but it is a good read.

Cheers

Del

[deltrotter] 11/5/2015 09:09

Added a few more earlier - one for the patient IMO. Looks to have a good team working for them and Woodford keen as well.

[p1nkfish] 19/4/2015 14:00

Looked interesting but I can't see trading cards and a # of other MERC holdings setting the world alight.

They look a little too 'studenty' to me.

Science Warehouse has a business but MERC paid £3.5m for about 19% stake, looks pricey.

Interesting company but the IPO cash may have gone to their heads and current market cap looks too high. Sub £100M perhaps with a wobble heading their way?

[tradermel] 19/3/2015 07:31

Interesting ...

VirtTrade confirms partnership agreement with Panini



Mercia Technologies PLC (AIM: MERC, "Mercia" or the "Group"), a Midlands-based leader in the funding and commercialisation of technology businesses in the UK, confirms that portfolio company VirtTrade Ltd ("VirtTrade") has secured an agreement with Panini Group ("Panini"), the world leader in sports and entertainment collectibles, to provide digital trading technology, further to its announcement on 27 January 2015 of a "notable partnership" with an unnamed party.

[martywidget] 07/2/2015 06:28

Presentation: Mark Payton
Innovators & Investors Forum 2015

[martywidget] 28/1/2015 09:37

Second deal for Mercia Technologies since AIM float

[martywidget] 27/1/2015 07:44

£1.5m investment in VirtTrade



Virttrade
Digital Trading Cards

[martywidget] 20/1/2015 08:09

Mercia Technologies PLC Investment in nDreams

[a2584728] 14/1/2015 09:42

Could get through 80p today at this rate

[a2584728] 13/1/2015 09:54

Would be nice to see it makes new highs this week.

[hazl] 12/1/2015 11:01

chart looks as though it wants to go on the next leg up

imo

[hazl] 12/1/2015 09:18

Have got some of these today.

Backed by Woodford I see.

I like the look of the investments so far...particularly the video games firm that was talking about using their products in the education field possibly in the future.

imo

[a2584728] 07/1/2015 13:15

It's not easy, never invest on something that you hear or see on these boards, research your investment properly, and only invest what you can afford to lose, admittedly you will proper not lose your whole investment but be aware.I am into MIN for a short term punt on planning coming in.I have loads of AEO, no debt and cash flow positiveA couple of others that I shall share by e mail.

[nuclearjason] 07/1/2015 12:43

Thank you, much appreciated :-)

I'm guessing that this isn't an easy game to play and being careful and learned is the way to be?