$0.13

0.005 (4%)

General Information

Mercantile Investment Company Ltd
MVT
http://www.mercantileinvestment.com.au
Asset Management & Custody Banks
36
280

Current Price Data+

Current Price $0.130
Open $0.125
High $0.130
Low $0.125
Last Close $0.125
Volume 100746
Price Movement $0.01 ( 4% )
  • +Security prices are delayed by least 20 minutes and are indicative only.

Stock Price

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.

Financial Summary

Year to Jun NPAT EPS EPS chg (%) PER DPS Yield (%) Franking (%)
2015 A -0.7 -0.3 0.0% 0.0 0.0 0.0% 0.0%
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%

Peer Comparison

Company Mkt Cap EPS Growth (%) P/E (%) Dividend Yield (%)
2013 A 2014 F 2015 F 2013 A 2014 F 2015 F 2013 A 2014 F 2015 F
BT Investment Mgmt (BTT) $3,087M 0.0391 0.1131 0.2057 19.9603 17.9323 14.8729 3.68% 4.58% 4.97%
Henderson Group (HGG) $3,188M 0.6562 -0.1218 0.2031 14.3511 16.3411 13.5823 4.16% 3.76% 4.85%
Magellan Financial Group (MFG) $3,518M 1.0817 0.0000 0.0000 21.5029 0.0000 0.0000 3.42% 0.00% 0.00%
Mercantile Investment Company (MVT) $35M 0.0000 0.0000 0.0000 0.0000 0.0000 0.0000 0.00% 0.00% 0.00%
Platinum Asset Mgmt (PTM) $3,555M 0.1300 0.0513 0.0091 16.5303 15.7239 15.5824 7.76% 5.78% 6.11%

Financial Summary

Earnings P/E Ratio P/B Ratio P/E Growth
Company 0.77 0.00 0.91 0.00
Market 1.16 15.80 1.16 0.90
Sector 1.06 16.10 1.00 2.59

Directors

Name Position Start Date
Dr Gary Hilton Weiss Alternate Director 6 Mar 2012
Sir Ronald Alfred Brierley Non-Executive Chairman, Non-Executive Director 20 Jan 2012
Mr Gabriel Radzyminski Non-Executive Director 6 Jan 2012
Mr Daniel Weiss Non-Executive Director 25 Feb 2015
Mr Ronald Langley Non-Executive Director 6 Mar 2012
Mr James Miller Chirnside Non-Executive Director 5 Nov 2010

Management

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

Substantial Shareholders

Holding Name
103,764,634 (38.61%) Siblow Pty Ltd
26,150,522 (9.73%) GW Holdings Pty Limited
18,646,486 (6.94%) McNeil Nominees Pty Ltd
14,915,001 (5.55%) Portfolio Securities Pty Ltd

Calendar of Events

Date Event
10 April 2017 Report (Interim)
04 April 2017 Report (Annual)
04 April 2017 Report (Prelim)
27 February 2017 Report (Interim)
26 September 2016 Report (Annual)
26 August 2016 Report (Prelim)
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