Merchants Share Discussion Threads

[tim 3] 16/1/2021 22:18

I agree the market certainly in the US which affects us all would not be where it is without the stimulus. However being that prices are based on what people are prepared to pay as long as they are prepared to throw trillions supporting it not sure it will fall that far. What would be a threat is when there are better returns elsewhere but with next to no interest on savings at present that seems a long way away. As the saying goes the money has to go somewhere. Have been investing and trading for decades and always believed the principle that Livermore wrote about in the 1920's that nothing changes in the market because human nature never changes but maybe this time it really is different? Time will tell and the valuations of the FAANGS and others does concern me so have a fair amount in cash and could survive a crash if it came infact would use it as an opportunity to buy as history shows its often the best time to invest.

[superiorshares] 16/1/2021 19:48

CT trader I think within 3 years 4 per cent on any Trust or share will be considered high yield. Long before Corona a lot of sales reps were saying that the high yields were not sustainable .There will be a few exceptions of course This Corona is going to cause a financial calamity so great it will make peoples jaw drop .

[ctrader3] 16/1/2021 15:16

In the case of JP Morgan Global Growth & Income the decision to set a fixed dividend target of 4%, paid from capital if needed, seems to have helped eliminate its discount to net assets.

[superiorshares] 16/1/2021 15:04

ct trader . All I am saying is if companies are paying lower dividends than MRCH . Something will have to give . The trust cant grow dividends if the companies it invest in are cutting .

[ctrader3] 16/1/2021 10:40

But he adds: “We expect UK dividends to be down this year and the question is, will they stay down? The revenue reserves are finite. And [if we did pay income out of capital] investors would still get their total return because it is given to them. We are an income trust and there is a big constituent of people who are keen for dividend growth to continue. But we would be more comfortable doing this in rising rather than falling markets.” CTY

[ctrader3] 16/1/2021 09:48

All Ss is doing is pushing his wish . to quote Ss.

[gateside] 15/1/2021 23:19

Keep highlighting the useful links guys. Always welcome to see useful articles that I might have otherwised missed.Thanks.

[superiorshares] 15/1/2021 19:38

No links from mefolks people are perfectly capable of reading the news for themselves. I see over the pond the man who has the support of dead people , announced today he was going to borrow a further 1.9 trillion for a vaccine program. A fair portion of that will go on Lefty pet projects rather than vaccine What it shows you is the insane cost Corona will have on the globe You have three new varient now. There is no cure . Herd immunity - if you contain the same animals in a secure area. They are all vaccinated against their diseases. They then have herd immunity. For the Globe you will need to vaccinate nigh on 8 billion people 4 times a year . Unless of course these people are contained in groups in their own areas. It will become a necessity for all companies to cut their dividends as most are doing now. Corona will give the best excuse ever to break the dividend hero status. Pile in if you think otherwise .

[ctrader3] 15/1/2021 15:44

MisterMD found the below interesting from your link. Trading on Nasdaq Thursday morning was exhibiting panic-like-selling behavior, even as the broader market appeared to be rising on the prospects of further fiscal spending when President-elect Joe Biden is sworn in on Jan. 20. The Arms Index, a volume weighted breadth measure that tracks the ratio of advancing stock to declining stocks over the ratio of advancing volume over declining volume, was showing a reading of 2.390 for Nasdaq-listed shares. Many technicians say a rise to at least 2.000 suggests panic-like selling behavior. The reading comes even as the Nasdaq Composite Index COMP, -0.12% was up 0.5% at 13,194, the Dow Jones Industrial Average DJIA, -0.22% was trading around a record high, up 0.5% at 31,202, while the S&P 500 index SPX, -0.38% was climbing 0.3% at 3,822. The so-called panic selling in the Nasdaq may indicate that a broader array of technology-related stocks are rising, even as large-capitalization tech names were down, including Apple Inc. AAPL, -1.51% and Microsoft Corp. MSFT, -1.53%.

[tim 3] 15/1/2021 12:07

Considering how much is made of their record of growing dividends I do wonder what lengths they will go to to preserve that record.Being able to continue to grow it even during covid will no doubt sit well in their marketing too.

[superiorshares] 14/1/2021 19:44

Gateside On SSE that is my electricity provider. This Green electric. My friend has a windmill on his farm . When you get close to it is enormous !.. People think this free wind makes the profit , it doesn't it's the Tariff that the tax payer pays the owner . The windmills do not produce the electric it says on the tin . It's about 2/3 of what they are supposed too . The huge one of Great Yarmouth is worth reading about . I think all utilities will come under enormous pressure from political/ consumer bodies to cut there charges. All of this green Revolution is reliant on the tariff the Government pays . I think by the time Corona is under control , the UK will be 4-5trillion in debt. Basically utilities will come under the cosh ! I am not thinking that MRCH or any other high yielding trust is going to cut their dividends over the next couple of Quarters but I do think all companies will either be forced or coersed into running more prudent accounts . If that's is correct ?. I think in around 3 years time high yielding trusts will have yields of 3-4 per cent . With the yield on a lot of stocks being around 1-2 per cent . I just think that will be the new norm .

[ctrader3] 14/1/2021 09:13

SSE decent yield, looks fairly secure after they trimmed this year's payout, up35% since last September. It's just that I have two separate portfolios, collectives in one where I trade only for the yield and the other for shares for a capital gain where any dividends are a bonus.

[gateside] 14/1/2021 08:38

How can SSE not interest you?The green potential is excellent, the business is being transformed. Just look at its recent performance.It went ex-dividend today, so that will be more money heading towards MRCH for them to pay shareholders.

[ctrader3] 14/1/2021 07:43

“The end of the pandemic occurred because the virus circulated around the globe, infecting enough people that the world population no longer had enough susceptible people in order for the strain to become a pandemic once again,” says medical historian J. Alexander Navarro, Markel’s colleague and the Assistant Director of the Center for the History of Medicine. “When you get enough people who get immunity, the infection will slowly die out because it’s harder for the virus to find new susceptible hosts.” Eventually, with “fewer susceptible people out and about and mingling,” Navarro says, there was nowhere for the virus to go —the “herd immunity” being talked about today. By the end of the pandemic, a whopping third of the world’s population had caught the virus.

[superiorshares] 13/1/2021 19:43

CT trader . Of course the world will need to be vaccinated . Unless of course every country is going to close its borders again . They would be wise too but they won't . Where do you get this 51 per cent from and why does only 51 per cent have to be vaccinated . I see in this 51 per cent it includes those that have had Corona . Well an aweful lot of people that have had it , nobody now's about it including the individual. 2 million that have had it won't need a vaccine because they are dead . CT trader this is what these forums are meant to be about debating why you think this share or any other for that matter is going to go up or down . Not looking at past charts picking a low point and saying " if you had invested x amount at low point your money would now be worth etc. I'm intrigued why does only 51 per cent of the planet need to be vaccinated and 49 per cent don't ??.. Even under your theory roughly 4 billion people will need to be injected 4 times a year .

[ctrader3] 13/1/2021 19:25

u need two opposing opinions to make a market, I tend to follow, tend rhymes with trend. If MRCH change their dividend policy, plenty of other shares with similar yields or better. REITS Renewables Annuity plays like 24 Income Just as an insight, the globe doesn't need to be vaccinated, the total including those that have had covid and been vaccinated needs to be 51%.

[ctrader3] 12/1/2021 12:22

Share issuances and buy backs The board has a policy in place to (i) issue new shares when the company's ordinary shares are trading at a premium to NAV with debt at market value and (ii) buy back shares for holding in treasury to help dampen share price volatility when it is at a sustained discount to NAV. The renewal of this programme was approved by shareholders at the AGM in June this year. During the period under review the company has issued 6,016,423 new shares. 30/09/20

[ctrader3] 12/1/2021 09:05

MRCH go xd at the end of this month and then again in April. I am fairly confident the dividend will be held, I can't second guess the company further than that. If I'm wrong I will re-assess.

[ctrader3] 12/1/2021 08:10

oh dear, I would guess u are short here and showing a big loss ? Lets do this :-) Let's not :-)

[superiorshares] 12/1/2021 08:00

Lets do A MRCH chart from now . see who is right ? CT trader . print one up please. Then we can talk in depth . Corona /money printing/ dividend pay outs / Government debt and vaccine time scales Lets do this :-)