Merchants Share Discussion Threads

[north sea boy] 18/10/2019 19:37

Three years ago, I split a £140k investment across MRCH, CTY, HHI, IVI, PLI, BCPT and BMPI.

To date, the most consistent and overall rewarding performer has been

1. BMPI

2. MRCH

3. CTY

Not unhappy with any of the others, although currently under water a bit more than I would like (expect?) with PLI.

FWIW, I also have a holding in LGEN, which for me behaves in a very similar manner to my IT's listed above.

Thanks

NSB

[goldpiguk] 18/10/2019 11:34

Hi chart trader2000,

Interesting list of IT's, some which I have researched and others I need to take a closer look at.

I currently hold MRCH, HFEL and DIG in my ISA. This year I have continued to build my holding in DIG (now almost complete) so am looking for my next IT to accumulate..

Of the three in my current portfolio HFEL is my smallest holding. While I agree with pj fozzie HFEL is a good hedge against Brexit disaster I am slightly wary of adding. The trade war between China and the USA has the potential to knock Asian growth off course, as does the unrest in Hong Kong. The very high dividend compared to its peers also worries me a little. (Too good to be true mentality on my part.)

Having said that the general market view is that emerging markets, Japan and yes the UK all look cheap on valuation terms. I do have until April 2019 to make a decision on my next IT investment, so am in no hurry to make a decision just yet.

Goldpig

[robow] 18/10/2019 10:53

thanks chart trader and featured in this weeks Shares magazine

[pj fozzie] 17/10/2019 18:08

I like HFEL a lot. It's a good hedge against Brexit disaster. In fact HFEL & MRCH are two of my core holdings in my SIPP (from which I live off the dividends).

Cheers,
PJ

[aleman] 16/10/2019 17:14

HFEL yield is just over 6% and has continuous increases of at least 12 years.

[tim 3] 16/10/2019 13:22

There you go.

Of those City of London (cty)seems to have a particularly good record although I don't currently hold them.

[redponza] 16/10/2019 12:35

Any other investment trust with a high yield and a unbroken leveled/increasing dividend record?

Thank you all

[tim 3] 01/10/2019 17:55

Think we could easily see £5.50.

To be honest am not massively concerned about the share price day to day and think it will track along with the market give or take.

I bought these for their track record of increasing dividends for decades and with improved debt terms see no reason why that should not continue.

[sharesoc] 23/9/2019 20:37

The Merchant Trust presentation from our recent Manchester company seminar can be found in our members area here:

To access the presentation, you'll need to be a full member of ShareSoc, which is a not-for-profit organisation that supports individual shareholders and campaigns for shareholder rights. If you're not already a member you can join here:

Once you've joined, you'll receive an invitation to register for our "members network" private social network, from where you'll be able to access the presentation (and presentations on 100s of other meetings). If you're already a member and have any difficulty accessing the report, please do not hesitate to contact us here:

[north sea boy] 17/9/2019 21:50

Touch wood, but the chaps at Merchants seem to be doing quite a good job of managing this Investment Trust?

Been holding this for over three years now and have been very happy with the progress so far; hope they can continue to keep this up in future!!

NSB