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Share Price Information for Mercantile Inv. (MRC)


Share Price: 205.00Bid: 204.80Ask: 205.90Change: 0.00 (0.00%)No Movement on Mercantile Inv.
Spread: 1.10Spread as %: 0.54%Open: 206.80High: 206.80Low: 204.80Yesterday’s Close: 205.00

Mercantile Investment Trust (The) Plc Ord 2.5P

Mercantile Inv. is listed in the FTSE 250, FTSE All-Share, FTSE 350, FTSE 350 Low Yield
Mercantile Inv. is part of the Investment Companies sector






Share Price SpacerPrice
205.00
Share Price SpacerBid
204.80
Share Price SpacerAsk
205.90
Share Price SpacerChange
0%0.00
Share Price SpacerVolume
397,720
Share Price SpacerOpen
206.80
Share Price SpacerHigh
206.80
Share Price SpacerLow
204.80
Share Price SpacerClose
205.00
Share Price SpacerCurrency
GBX


Currency Issue Country Shares in Issue Market Capitalisation Market Size
GBX GB 792.49m £1,624.61m 5,000

52 Week High 223.90 52 Week High Date 20-JUN-2018
52 Week Low 168.02 52 Week Low Date 27-DEC-2018

# Trades Vol. Sold Vol. Bought PE Ratio Earnings Dividend Yield
191 158,495 60,309 -10.139 -20.22 5.70 2.78




Date
Time
Trade Prc
Volume
Buy/Sell
Bid
Ask
Value
 

17-Jun-19
15:43:17
204.996
10,000
Sell* 
204.80
205.90
20.50k
Trade Type:
Ordinary
Delayed publication

14-Jun-19
15:01:02
204.50
90,550
Sell* 
204.80
205.90
185.17k
Trade Type:
Ordinary
Delayed publication
Historical

14-Jun-19
08:41:21
206.1111
11,648
Buy* 
204.80
205.90
24.01k
Trade Type:
Ordinary
Delayed publication
Historical




View more Mercantile Inv. trades >>

Directors Deals for Mercantile Inv. (MRC)
Trade DateActionNotifierPriceCurrencyAmountHolding
14-Jun-19Buy
Trade Notifier Information for Mercantile Investment Trust (The)
Graham Kitchen held the position of Non-Executive Director at Mercantile Investment Trust (The) at the time of this trade.
 Graham Kitchen
205.45GBX10,00058180
10-May-19Buy Dividends
Trade Notifier Information for Mercantile Investment Trust (The)
Heather Hopkins held the position of Non-Executive Director at Mercantile Investment Trust (The) at the time of this trade.
 Heather Hopkins
209.16GBX595059
08-May-19Buy Dividends
Trade Notifier Information for Mercantile Investment Trust (The)
Jeremy Tigue held the position of Non-Executive Director at Mercantile Investment Trust (The) at the time of this trade.
 Jeremy Tigue
209GBX1,869157785
View more Mercantile Inv. directors dealings >>


volcano
Posts: 5,132
Opinion:No Opinion
Price:227.00
it is not a drop in share price
25 May '18
Share Split

As a consequence of the Company's strong performance, the share price has risen sharply in recent years. Indeed, over the last ten years, it has more than doubled. Whilst this is excellent for our existing shareholders, the Board believes that the high share price may be unhelpful for those investing smaller amounts, monthly savers and dividend re-investment programmes and therefore it is proposing to sub-divide the shares on a 10 for 1 basis. This is known as a 'share split'. Following the share split each shareholder will hold ten new ordinary shares for each share held immediately prior to the share split. We hope that sub-dividing the Company's ordinary shares will make buying the shares more attractive to new investors and increase market liquidity. I would like to reassure existing shareholders that the splitting of the shares will not affect the overall value of their holdings in the Company as the reduction in the price per share will be offset by a commensurate increase in the number of shares they hold. By way of example, taking the price as at 31st January 2018 of 2,150.0p per share, following the sub-division each holder of one ordinary share would receive ten new shares which would be priced at 215.0p per share immediately after the share split. Shareholders will have the opportunity to vote on this proposal at the forthcoming AGM and more details are set out on pages 26 and 27 of the annual report.
daveyb
Posts: 361
Opinion:No Opinion
Price:227.00
sp drop
25 May '18
Does anyone why the sudden drop - cant see any RNS
jange
Posts: 28,126
Opinion:No Opinion
Price:1,050.00
mrc
27 Sep '12
"That said, those sectors which were able to continue showing some progress despite the difficult economic background also performed well: the portfolio benefited from strong performance in the housebuilding and non-life insurance sectors," the investment managers said,

The poorest returns in the portfolio in the half year came from the mining sector where its holdings in Aquarius Platinum, African Barrick Gold and Petropavlovsk were hit by rising mining costs and falling platinum and gold prices.

The net return on ordinary activities before tax in the half-year period was positive at £74.53m, of which £17.87m was revenue and £56.66m was capital appreciation. A year earlier, the group had reported a loss before tax of £15.63m with revenue of £15.88m more than wiped out by a £31.51m dive in the value of the portfolio.

"Despite the ongoing macroeconomic uncertainty, equity markets have continued to move higher through the first half of the year, albeit on low volumes as investors have lacked conviction ahead of a resolution to the issues in Europe and lower global growth prospects. In this environment of low growth and investor uncertainty the board feel that there are likely to be opportunities for stock pickers to outperform and are confident that the strengthened management team's approach, which relies heavily on meeting and engaging with company management teams, will be well placed to benefit from such conditions," said the trust's Chairman, Hamish Melville.

"The board continues to believe that UK mid and small cap equities remain attractively valued and will provide investors with solid returns over the long term," Melville declared.
jange
Posts: 28,126
Opinion:No Opinion
Price:1,050.00
mrc
27 Sep '12
The Mercantile Investment Trust, one of the oldest and largest investment trusts in the UK, showed a decent turn of foot for a 128-year-old company in the first half of the company's financial year.

The trust, which aims to provide income and capital growth through opportunities in UK mid and small cap stocks, saw a net asset value total return in the six months to the end of July of 6.7%, four-fifths of a percentage point better than the return of the FTSE All-Share, the index against which it benchmarks its performance.

Net asset value per share at the end of July stood at 1,176.5p, down from 1,209.5p a year earlier but up from 1,124.9p at the end of January 2012.

During the reporting period, 95,000 shares were repurchased for cancellation at a total cost of £970,373. These purchases added around 1.3 pence to the net asset value (NAV) per share. The share price discount to NAV, with debt assessed at fair value, ranged between 9.8% and 14.6% in the period from February 1st, 2012 to September 14th, 2012, with an average discount during the period of 12.9%.

The income received from investments in the first half of the current fiscal year was marginally above that of corresponding period of 2011, reflecting a gradual increase in dividend income for underlying investments.

As for the trust's own dividends, a second interim dividend of 6.0p has been proposed, bringing the total dividend for the year to date to 12p. The board anticipates that there will be a third dividend of 6.0p paid in early February 2013. However, as in previous years, the board's decision on the generosity of the fourth interim dividend will depend on the level of revenue received.

Mercantile benefited from takeovers for Cove Energy, Cable and Wireless Worldwide, Logica, Misys, Aegis and Nautical Petroleum.
mulledwine
Posts: 35,667
Opinion:No Opinion
Price:951.50
MRC
18 May '12
Mercantile Investment Trust (The) Buy 15-May-12 £49,634.90 Jeremy Tigue 5,117 @ 970.00p
View more share chat for Mercantile Inv. (MRC) >>




Mercantile Investment Trust (The) Plc Ord 2.5P home pageWebsite: Mercantile Investment Trust (The) Plc Ord 2.5P
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