Merchants Share Discussion Threads

[veryniceperson] 25/5/2016 11:05

Sorry RCT missed read your post. Apologies.

[cwa1] 25/5/2016 10:47

Yes, very much an IF, I feel there are plenty more twists and turns to play out in the near future. In fact, FWIW, I've been gently offloading a few holdings recently that have done well in the hope, but not expectation, of buying them back again somewhat more cheaply. Got as much cash on the books as I've had for a long time now. If I don't get them back no biggie!

[essentialinvestor] 25/5/2016 09:44

Very drole )


CW, I notice you put your IF in capitals, probably wise.

[veryniceperson] 25/5/2016 09:41

RCT. What company/trust is CWA? Ticker does not work. Very interested. Thanks.

[essentialinvestor] 25/5/2016 08:59

Have nearly all of mine under £4 and intend to add further on bad
market days/weeks, just missed some at 393 last week, the price was gone
before I had time to click buy.
Would expect plenty of market volatility over the next few weeks.

[rcturner2] 25/5/2016 08:49

CWA, shares like Merchants are a good long term bet for me.

You are exposed to the market at a discount and since this is a high yield fund it has to hold dividend paying shares which tend to perform better over the long term.

Additionally, holders benefit from the gearing and the option income, which normally are out of reach to private investors.

[cwa1] 25/5/2016 08:46

Yes, looks reasonable value to me IF markets hold current levels.

[essentialinvestor] 25/5/2016 08:19

You just beat me to it CW, belatedly realised, thanks.


Out of interest just looking at where the UKX is trading atm and some of their main
holdings this morning, we look overdue a decent day - if current market
levels hold.

[essentialinvestor] 25/5/2016 08:18

Ah right I am with you now, divi pay day, thought you meant XD.

[cwa1] 25/5/2016 08:18

It IS dividend PAY day tomorrow.

[essentialinvestor] 25/5/2016 08:11

Is that correct?.

[veryniceperson] 25/5/2016 08:03

Hi guys divi day tomorrow. Might get enough for a takaway.

[essentialinvestor] 20/5/2016 15:47

An 8 pence decline in NAV on yesterday's valuation- gearing.

[asmodeus] 19/5/2016 18:26

I would certainly buy a car - or an investment - from him, rather than from that "mysterious American" with the dark glasses....

[veryniceperson] 19/5/2016 00:06

Asmodes. Just watched the video. Big thanks. He seems like a nice chap. Would you buy a second hand car from him, yes I would.

[asmodeus] 18/5/2016 20:56

there is an Edison video on this trust on

[essentialinvestor] 18/5/2016 09:04

Have been adding in small amounts under £4, 300 shares this AM.
Hoping it will get down to 3.80 or below.

There really is a lot of info on this investment trust online,
so a case of DYOR as always.

[veryniceperson] 18/5/2016 08:49

Harvister. Worth putting on your watch list. Have a good history of dividend Payments, 30 + years. Of cause things can change.

[rcturner2] 18/5/2016 08:37

If you search for Merchants Trust on google you will be taken to their website where the information is available.

I cannot believe I had to type that in 2016.

[harvester] 18/5/2016 08:35

verynice: have put this non my watch list for now.
Dividend only just covered by earnings.
Before investing, I would want to know the composition in % of the underlying investments.
Where can I find that info ?
MRCH looks like tightly held and not very liquid to trade .

[essentialinvestor] 13/5/2016 10:03

Got these as an add under about 394, had a few yesterday on the opening dip.
UKX looking ill.

[veryniceperson] 06/5/2016 12:47

We just have to be brave and ride it out. All topsy-turvy these days. Hope dividend is safe.

[essentialinvestor] 06/5/2016 12:24

NAV taken quite a hit recently.

[veryniceperson] 13/4/2016 14:01

Nice rise today so far!