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General Information

Mercantile Investment Company Ltd
MVT
http://www.mercantileinvestment.com.au
Consumer Finance
35
269

Current Price Data+

Current Price Open High Low Last Close Volume Price Movement
$0.13 $0.13 $0.13 $0.13 $0.13 119026 - ( No change )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Company Overview

Business Description
Mercantile Investment Company Ltd (MVT, formerly India Equities Fund Limited) is an investment company which invests in cash and listed securities which will provide attractive risk adjusted returns, including by way of short term trading, profit making ventures and holding shares for dividend yield/ long term capital appreciation.
Strategy Analysis
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Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2014 A 0.1 0.0 0.0% 431.0 0.0 0.0% 0.0%
2013 A -0.2 -0.1 0.0% 0.0 0.0 0.0% 0.0%
2012 A 1.6 0.9 -84.4% 7.9 0.0 0.0% 0.0%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2012 A 2013 F 2014 F 2012 A 2013 F 2014 F 2012 A 2013 F 2014 F
FlexiGroup (FXL) $1,095M 0.1239 0.0759 0.1122 12.8940 11.9840 10.7752 4.58% 4.82% 5.33%
Mercantile Investment Company (MVT) $35M 0.0000 0.0000 0.0000 433.3333 0.0000 0.0000 0.00% 0.00% 0.00%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 1.34 433.30 0.97 0.00
Market 1.06 14.50 1.04 0.61
Sector 1.36 14.60 1.11 1.18

Directors

Name Position Start Date
Dr Gary Hilton Weiss Alternate Director 06/03/2012
Mr Gabriel Radzyminski Executive Director 06/01/2012
Sir Ronald Alfred Brierley Non-Executive Chairman, Non-Executive Director 20/01/2012
Mr Daniel Weiss Non-Executive Director 25/02/2015
Mr Ronald Langley Non-Executive Director 06/03/2012
Mr James Chirnside Non-Executive Director 05/11/2010

Management

Name Position
Mark A Licciardo Company Secretary
Matthew Rowe Joint Company Secretary

Substantial Shareholders

Holding Name
122,411,120 (45.55%) Siblow Pty Ltd
26,150,522 (9.73%) GW Holdings Pty Limited
14,915,001 (5.55%) Portfolio Securities Pty Ltd

Calendar of Events

Date Event
24 February 2016 Report (Interim)
25 September 2015 Report (Annual)
24 August 2015 Report (Annual)
24 August 2015 Report (Prelim)
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