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Finance Company MERCHANT HOUSE GROUP a hot stock (MHG)     

moneyplus - 10 Mar 2010 20:14

There has been an exciting turn around in this company's trading and fortunes. It's very early days but the sp is reflecting serious buying and rising fast. I am pleased I got in near the bottom--it's worth checking out for a tiddler punt.

ravey davy gravy - 10 Mar 2010 20:37 - 2 of 38

Awful company, extremely high risk, a very obvious target for serial well known
pump and dumpers, for some reason the punters chase it, i certainly would not
unless they give some concrete reasons to invest and it's also 4 times the price
it was a few months back.

There's plenty of good decimal stocks out there that do reprisent value, Peg
is a good example and not this Mhg rubbish but that is just my opinion so dyor.

Still Waiting - 10 Mar 2010 22:08 - 3 of 38

rdg, have another look the company is going places and is already doing serious business with 50 funds looking to use their platform with upfront fees and annual growth fees as well.

the next update will see this rerated significantly.

holding just over 2% of co. myself now, one of the most promsing micro-caps I've ever seen.

as always dyor.

ravey davy gravy - 11 Mar 2010 07:37 - 4 of 38

That certainly writes me off as a possible investor if you are in this one SW :-))

"one of the most promising micro-caps"

So promising it keeps placing stock at substantial discounts to the share price.

Just another advfn pump and dump that spills over to the other bb's !

ravey davy gravy - 11 Mar 2010 23:06 - 5 of 38

Guess the 15 million seller at 0.6p does not share your enthusiasm SW !

Still Waiting - 11 Mar 2010 23:39 - 6 of 38

they took shares for their fees, you can't knock them taking a 300% profit.

i know i would do the same.

ravey davy gravy - 12 Mar 2010 10:32 - 7 of 38

You mean the company has no cash and has to pay their bills by issuing new shares, if by miracles the company ever does make money it will be so heavily
diluted, already upto almost 200 million shares with recent share issues.

moneyplus - 19 Mar 2010 16:13 - 8 of 38

We have lift off--now backed by Barclays capital. Good info on the other side if interested.

moneyplus - 23 Mar 2010 10:31 - 9 of 38

Nice banner ad for the turnaround fund on MaM main page---early days but a good sign..

Still Waiting - 25 Mar 2010 22:51 - 10 of 38

volume building up to a break out.

just need an update.

wathout2 - 27 Mar 2010 21:24 - 11 of 38

HERE YOU ARE THE ANSWER TOO YOUR QUESTION PREVIOUSLYFord launches new bid to regain parts of Keydata By Iain Martin | 09:00:00 | 21 October 2009 Stewart Ford plans to buy back parts of his former business, Keydata Investment Services. Withers, Fords lawyers, informed Keydata investors and creditors of Fords plans for the failed structured product provider earlier this month. The City law firm will put Fords proposal to buy back parts of Keydata, possibly including traded life settlement vehicle Lifemark, to administrators PricewaterhouseCoopers (PwC) this Friday. They want to launch an offensive, said someone close to the situation. He [Ford] wants to buy out the businessLifemark has a very good income stream. The bid for parts of Keydata, which was once valued at 60 million, was likely to be derisory, said the sourcehttp://www.citywire.co.uk/professional/-/news/structured-products/content.aspx?ID=362321TIP OF THE ICEBERG
Opalesque Exclusive: More hedge funds relax liquidity terms, Ogier: better communication about liquidity constraints needed Thursday, March 25, 2010 PrintEmail Track Keywords From Kirsten Bischoff, Opalesque New York: Liquidity, liquidity, liquidity. A year after the worst of the illiquidity crisis, this is one area investors feel sufficiently educated about (many through painful learning processes involving investments in trapped in various financial vehicles), and they are determined not to be caught without exit strategies in place for future investments. The demand for more liquid terms on hedge funds is something being seen across the spectrum of investors, from high net worth individuals to family offices all the way through to institutional investors such as endowments and pensions funds. "The recession has inevitably tipped the balance in favor of investors, and there has been a move towards terms that give greater certainty to investors," Nick Rogers, Partner in the Investment Funds Group at global offshore law firm Ogier told Opalesque. Investors' focus on liquidity has managers focusing on ways that better help them rebuild portfolios to tier their liquidity risks. The focus on liquidity is the reason many believe UCITS funds have seen a surge in interest over the past months. Additionally, asset managers are designing new products that focus on the liquidity demands of wary investors, and some well-established hedge funds are also moving to change fund terms that will better entice investorshttp://www.opalesque.com/57826/UCITS/More_hedge_funds_relax_liquidity_terms_Ogier057.htmlToday TIP OF THE ICEBERG
From Kirsten Bischoff, Opalesque New York: The rapidly expanding popularity of UCITS fund structures seems to be taking even those entrenched in the hedge fund industry by surprise. With UCITS representing $35bn in invested assets and with an astounding 200 new UCITS funds launching over the past 18-24 months (HFR), many expect the enormous rate of growth to continue as more cash leaves the sidelines. (Opalesque has carried news of 6 launch announcements in the past week alone.) "Many of the fund of hedge funds we are talking to are also widely considering UCITS as a potential instrument to regain assets from private banking clients and high net worth individuals who have not returned to alternative investments yet," says the management team at London-based investment firm KdK Asset Management in a report the firm released on Monday. Seeking to determine the scope of investors' knowledge and opinion of UCITS vehicles, the firm surveyed 59 respondents from all around the globe and found out the growth UCITS funds have enjoyed over the past months may only be the tip of the proverbial icebergFund of UCITS does seem like the next logical step in UCITS product development, and announcements of these launches have been occurring with more frequency. Last week, Opalesque covered the upcoming launch of a Focus Investment Group fund of UCITS that is targeted for 2Q10. The firm, and other funds of UCITS funds believe that after the liquidity crisis that occurred within the hedge fund and fund of hedge funds industry just a year ago, investors are willing to pay a premium for liquidity. (The KdK report shows survey respondents concur, as 90% listed better liquidity terms as the biggest added value provided by UCITS structures - followed by regulatory oversight and then transparency). Funds of UCITS have not launched at the same speed as single manager UCITS funds, although they may be picking up pace now. Those who are already in the game may have a distinct asset raising edge as almost 70% of the KdK survey's respondents indicated they saw demand for funds of UCITS vehicleshttp://www.opalesque.com/57764/Survey_Significant_demand_for_UCITS_Hedge_Funds764.htmlFUNDS TOO HIT $9 TRILLION0.66Strong Buy
In Europe, Europe's fund industry assets will hit Eur6.8tn ($9tn) by 2014 and growth will slow down said Lipper FMI; the European Central Bank may try to get European Union rules amended so that countries can't use swaps to cut excessive budget deficits, capitalizing on a debate sparked by Goldman Sachs Group's swap arrangements with Greece, said Bloomberg; Germany signalled that it may accept European financial aid for Greece as a last resort, but only if the IMF is involved and Eurozone partners accept tougher budget discipline rules, said Reuters; Eurozone leaders on Thursday night agreed a rescue package for Greece including assistance from the IMF as well as bilateral loans from fellow euro-member states, the FT reported. Meanwhile, Fitch downgraded Portugals credit rating to AA-, making the euro fall 1% against the dollar that dayhttp://www.opalesque.com/AMW/93/Review_of_hedge_fund_launches_closures_trends93.html

ravey davy gravy - 30 Jun 2010 22:33 - 12 of 38

How on earth did this rubbish manage to get over a penny still amazes me !

Upto 650k to be raised at 0.05p in the future, i dont know if my calculator
has enough zero's to give me the answer to how many shares that is.

mitzy - 06 Sep 2010 12:06 - 13 of 38

another rip disaster.

moneyplus - 06 Sep 2010 19:10 - 14 of 38

Don't write it off yet! They are launching fund after fund and have other strings to their bow--new management and total turn around situation could be huge I hope. Look at the news section on the website! I've tucked some away as a total gamble-everything crossed!

ravey davy gravy - 06 Sep 2010 19:21 - 15 of 38

"tucked some away"

LOL

Same old crap from the same old advfn school of rampers !

mitzy - 14 Sep 2010 16:33 - 16 of 38

Its not on.

moneyplus - 15 Sep 2010 11:31 - 17 of 38

I'd agree at the moment mitzy but we'll wait and see. I can't do much else anyway at the moment but 6 months down the line I'm hoping my hunch is right so wish me luck. results on the 29th I think so maybe the picture will be clearer.

I'm no ramper ravey there's nothing to ramp at the moment--I hold is that better?
what little gems are you holding? I'll check them out. mitzy --you seem to pick some good ones you should start a mitzy picks thread--I'd be interested. My latest is VIP vipera though it's hard to buy much stock only a small float and early days.

ravey davy gravy - 15 Sep 2010 12:45 - 18 of 38

Yes knowing you dont ramp :-))

Loss on paper is 50% already as it was 0.16p to buy and now 0.08p bid.

moneyplus - 15 Sep 2010 15:08 - 19 of 38

what can I say--I'm a loser! :-) but I do hold some gkp from 10p!!

mitzy - 24 Sep 2010 12:42 - 20 of 38

This is going to zero.

moneyplus - 24 Sep 2010 15:15 - 21 of 38

I don't think so--it's back up now and results due 29th! everything crossed they're good!

mitzy - 24 Sep 2010 16:58 - 22 of 38

lol.

skinny - 02 Jun 2011 15:59 - 23 of 38

Up 29% - I can't find any news (rumour).

Chart.aspx?Provider=EODIntra&Code=MHG&Si

skinny - 05 Jul 2011 14:34 - 24 of 38

MHG on one of it's run ups the last couple of days on tardy (again) results.

moneyplus - 06 Jul 2011 11:13 - 25 of 38

complete turnaround and great prospects now. profit around 1.6 mill I think but tiny mkt cap not much bigger than the profit! new funds being launched regularly---I'm holding on to mine after a long nail biting wait!!

skinny - 07 Jul 2011 09:36 - 26 of 38

Up again today on news.

moneyplus - 07 Jul 2011 10:17 - 27 of 38

:) whoohoo---I've been sitting on these a long time and never thought I'd see them top of the leader board!

skinny - 07 Jul 2011 15:42 - 28 of 38

Thats quite a candle - currently +45%

Chart.aspx?Provider=EODIntra&Code=MHG&Si

skinny - 25 Jul 2011 14:05 - 29 of 38

RNS Number : 9804K

Merchant House Group PLC

25 July 2011

Merchant House Group plc

("MHG" or "the Group")

Result of AGM

MHG announces that, at the AGM of the Group held earlier today, all resolutions were duly passed.

James Holmes, Chairman, commented: "The Group has made significant progress in the last year and, subject to continued strong performance and availability of distributable reserves, MHG hopes to be able to commence payment of dividends in the next financial year."



skinny - 07 Sep 2011 14:28 - 30 of 38

RNS Number : 8106N

Merchant House Group PLC

07 September 2011

MERCHANT HOUSE GROUP PLC

("MHG" or "the Company")

(LSE: MHG.L)

HOLDING IN COMPANY

The Company announces that it has today been notified of the following significant shareholding interest in the Company.

The Diverse Income Trust 5.0%

Enquiries


Merchant House Group
Christopher Day, CEO
James Holmes, Chairman +44 20 7332 2200
Nominated Adviser
Cairn Financial Advisers LLP
Tony Rawlinson / Avi Robinson +44 20 7148 7900

skinny - 12 Jan 2012 16:10 - 31 of 38

Heavy volume today.


Chart.aspx?Provider=EODIntra&Code=MHG&Si

skinny - 13 Jan 2012 15:14 - 32 of 38

RNS Number : 5592V

Merchant House Group PLC

13 January 2012

Merchant House Group Plc

Launch of Merchant Astor Long/Short UCITS Fund

under Merchant Capital's UCITS Umbrella

Merchant House Group Plc (the "Company") announces that Merchant Capital Ltd ("Merchant"), the asset management division of Merchant House Group Plc, has launched the Merchant Astor Long/Short UCITS Fund on its independent UCITS umbrella platform. The fund officially declared its 3 month Initial Opening Period ('IOP') on 12 January 2012; the IOP may be closed earlier by the directors of the Fund subject to the level of investment.

Merchant's UCITS umbrella structure allows asset managers to launch UCITS-compliant investment vehicles, whereby Merchant will be responsible for ensuring that all UCITS rules are met with confidence. With Merchant's recent acquisitions in both the Structured Product and Independent Financial Advisor sector, Merchant can also offer clients such as Astor a distribution plan.

The Merchant Astor Long/Short UCITS Fund aims to follow (adjusted for the requirements of the rules of UCITS) the strategy of an existing product managed by Astor Asset Management LLC, the Astor Long/Short ETF Fund, a US-based mutual fund that was launched in October 2009. The strategy follows a global investment approach implemented predominantly through a portfolio investing in or gaining exposure to Exchange Traded Funds.

By launching on the Merchant Capital platform the fund will benefit from being an onshore, regulated UCITS structure with weekly liquidity. The Merchant Astor Long/Short UCITS Fund is available to both institutional and retail investors in US dollar, euro, and sterling share classes with a minimum investment of 100,000 (USD, EUR, GBP) for institutions and 20,000 for the professional retail investor.

Astor Asset Management LLC has been appointed as sub-manager to the Fund. Astor has assets under management in the region of USD1 billion, is part of the Knight Capital Group Inc. which was founded in 1995 and is listed on NYSE Euronext.

Commenting on the launch of the fund, George Cadbury, Director of Asset Management for Merchant, said:

"The consistent growth of our UCITS platform is extremely exciting. We continue to seek innovative strategies alongside partners with great track records. Astor is one such firm which we believe can successfully replicate its US mutual fund in an onshore regulated structure."

Christopher Day, CEO of Merchant House Group plc, added:

We are optimistic that this fund will be attractive to investors and will be an asset to Merchant Capital's rapidly expanding fund management business."

skinny - 26 Jan 2012 13:38 - 33 of 38

26 January 2012

MERCHANT HOUSE GROUP PLC ("MHG" or "the Company")

HOLDING IN COMPANY

The Company announces that it was notified on 24 January 2012 that Barnard Nominees Ltd, a significant shareholder in the Company, has increased its shareholding to 218,928,572 ordinary shares, representing 8.0 per cent. of the issued share capital of the Company.

skinny - 27 Jan 2012 10:41 - 34 of 38

The Company announces that it was notified on 24 January 2012 that The Photo Distribution Pension Fund holds 104,000,000 ordinary shares, representing 3.8 per cent. of the issued share capital of the Company.

skinny - 16 Feb 2012 13:39 - 36 of 38

Hmmmm

16 February 2012
Merchant House Group plc
("MHG" or the "Group")

Further re: Pritchard Stockbrokers Limited


Further to the announcement made by the Group on 13 February 2012 regarding Pritchard Stockbrokers Limited ("Pritchard"), the board of MHG wishes to inform shareholders that, following discussions with the Financial Services Authority ("FSA"), as a result of the first supervisory notice issued to Pritchard on 10 February 2012, we are awaiting further news on the possible implications and therefore we cannot at this time determine whether clients of Merchant Capital may suffer some economic loss.

skinny - 13 Apr 2012 07:59 - 37 of 38

And Hmmmm again.

Merchant House Group plc
("MHG" or the "Company")

Further re: Issue of Equity


Further to the Issue of Equity announcement on 28 February 2012, the Company announces that £150,000 of the £761,500 that was raised at that date has not been received by the Company and the corresponding 214,285,714 ordinary shares in the Company, which have been issued and allotted, have not been delivered to the placees pending receipt of payment.

The Company is continuing to pursue these monies and a further announcement will be made in due course.

skinny - 20 Apr 2012 07:34 - 38 of 38

And there it is.

RNS Number : 7168B

Merchant House Group PLC

20 April 2012

20 April 2012

Merchant House Group plc

("MHG" or the "Company")

Statement re: Suspension

The board of MHG announces that it has requested the temporary suspension of its shares from trading on AIM pending the outcome of a review of its financial condition with a view to determining whether or not it has sufficient working capital for its present requirements.
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