MERCHANT HOUSE GROUP MHG Golden Cross Formed Today

28th Feb '11 by flyingswan

5 comments 8893 reads

Merchant House Group - Merchant House (LON:MHG) chart has formed a Golden Cross today:

This is where the 50 Day Moving Average moves up through the 200 DMA.

There has been above average Volume of Trades over the last few trading sessions.

The MACD and RSI are giving Buy signals.

The Parabolic SAR is in an Up Trend.

These are usually a BUY signals - IMHO

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Flyingswan

Premium Member

5 comments

flyingswan

7th Mar '11

70 ex-Clarkson Hill advisers to gain FSA reauthorisation

http://citywire.co.uk/new-model-adviser/70-ex-clarkson-hill-advisers-to-gain-fsa-reauthorisation/a473924

Merchant House (LON:MHG) is one of my biggest holding by number of shares that is so it is nice to see today 3% rise.

The 70 new consultants should now have been vetted by the FSA and ready to start work for MHG.

Asia Digital (LON:ADH) is also doing well today for me, which is another of my main holding by number of shares.

flyingswan

8th Mar '11

Looks like Merchant Capital a devision of Merchant House Group Merchant House (LON:MHG) - will be exhibiting again at Mater Investor 2011 on the 16th April 2011 at the Business Design Centre in Islington, London:

http://www.masterinvestor.co.uk/exhibitor_testimonials.html#

"Overall, myself and my colleagues were impressed with the Master Investor Show. We found that our needs were dealt with in a timely and efficient manner and were pleased to see 2,000+ investors attend. As this was Merchant Capital's first exhibition we have certainly taken a lot away from our experience."
- Ciaran Whitty, Broker Manager, Merchant Capital.

flyingswan

10th Mar '11

Merchant House Group - Merchant House (LON:MHG) is in the FTSE AIM All Share Top Risers Today:

Top Risers
Price Change
GTE 1.83p +160.7%
MHG 0.20p +18.2%
ARC 0.17p +13.8%
MDW 3.00p +9.1%
DSN 14.75p +7.3%
DPP 97.50p +7.1%
TVZ 15.38p +7.0%
DEO 63.00p +6.8%
RRR 13.00p +6.1%
FFA 11.00p +6.0%

http://www.digitallook.com/security.cgi?csi=52744

Just Posted on III

Below is an extract from 2010 half year report - alot of good info in it - but their trading platform does £10bn per day - now that's alot of money!!
Any views
sj

Trading Platform

The trading infrastructure business was established towards the end of 2009 and described last year. This business has now been consolidated into Merchant Trading LLP and the foreign exchange liquidity provision team, the first client, has now expanded into one of the largest in Europe trading in excess of $10 billion per day. Clearly, your company has been a significant beneficiary of this decision and now your Board is actively seeking to expand this business with the introduction of new trading teams and relationships.

A great deal of progress has been made and the economic environment remains and is expected to continue to be favourable to your Group's strategy. The objective is to use this period of uncertainty and opportunity in the financial services industry to develop a significant merchant banking business based on the traditional principles of using market and trading intelligence to help clients develop their business and investment customers to participate in higher returns.

flyingswan

10th Mar '11

HorneBlower has redone the chart on Merchant House Group - Merchant House (LON:MHG)

Merchant House Group Chart - MHG - #ADVFN $HB http://t.co/nD3b8AZ

flyingswan

28th Mar '11

Britain is 'open for business', say top investors after Budget
Britain is once again a "world class place to launch new businesses" after George Osborne's Budget, say 39 of the country's leading venture capitalists.

By Rosa Prince, Political Correspondent 10:32PM BST 27 Mar 2011

http://www.telegraph.co.uk/finance/budget/8410128/Britain-is-open-for-business-say-top-investors-after-Budget.html

In a letter to The Daily Telegraph, the businessmen welcome new investment rules introduced by the Chancellor as a "shot in the arm" for enterprise, allowing them to pour more funds into start-up projects. Described as "angel investors" because of their generosity in helping start-up companies, the 39 signatories include influential figures behind recent successes such as Lovefilm.com and Zoopla, the property website... See Link for Full Article.

This may help investment companies like Merchant House (LON:MHG) Porta Communications (LON:PTCM) VSA Capital (LON:VSA) £VMP

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MERCHANT HOUSE GROUP MHG Golden Cross Formed Today

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Flyingswan

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