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Share Name Share Symbol Market Type Share ISIN Share Description
Merchants Trust Plc LSE:MRCH London Ordinary Share GB0005800072 ORD 25P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  6.00 1.7% 359.00 357.00 359.00 359.00 356.00 356.00 277,093 14:56:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 36.2 32.7 29.7 12.1 424

Merchants Share Discussion Threads

Showing 751 to 775 of 975 messages
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
DateSubjectAuthorDiscuss
30/7/2020
04:28
I just take a look at the long term chart (ie over 20 years) of FTSE 250 comparing to share price 500, the performance of local UK stocks (as measured by FTSE 250) is actually not that bad... So maybe the issue with UK stock market is the big banks, miners, oil majors dragging down the performance, without them, FTSE 100 may perform much better....
redponza
29/7/2020
20:38
Yet it and these both fell!
tim 3
29/7/2020
11:06
GSK which is the largest holding in the the MRCH portfolio has held its dividend today
gateside
28/7/2020
14:18
It was briefly I thought!Ah well at least the vast majority of my other shares are doing well today... Makes up for yet more underperformance from MRCH
gateside
28/7/2020
13:06
Lol, u sure it's up?
chc15
28/7/2020
11:24
MRCH is up all of 3p ?I'll soon be able afford that private jet!
gateside
27/7/2020
19:01
My holding here is about 3.25% of my total portfolio. Currently sitting on a 9% loss. My concern is the under-performance in a number of key areas. (i) Poor overall long term return - as I stated in a previous post the overall return here over 5 years is -2%. I accept we're in a market downturn but would expect to see adequate returns over a 5 year period to weather a market storm. (ii) The lack of resilience - from the point the market turned towards the end of Feb, the FTSE fell 33% to it's lowest point, MRCH fell 44%. (iii) Poor recovery - the FTSE, from it's low point, has rallied 22% and sits at about -18% from where it was prior to the downturn. MRCH has rallied 14% and still sits at -36% down. I'll sit it out for a couple of years but am now beginning to seriously question what makes this a good investment. Only my thoughts!
zac0_4
27/7/2020
19:00
You have to decide whether you think that a value based investment policy is still valid in today's market & the future. Pretty well all the UK income ITs with a value philosophy are being caned this year - not just MRCH but EDIN, PLI, TMPL, VIN, LWI etc. Either you think that at some point, this investment style will come back into favour, or not. If you do, then many of these trusts at priced at historically high discounts to nav in addition to the recovery potential from the shares held.
shalder
27/7/2020
17:44
I agree that lots of bad news is priced in, that's why I'm not selling at a loss, I'll happily wait, reinvest dividends and move onto more successful Investment Trusts once I've eeked out a profit, as it looks like this Trust is a serial underperformer.
gateside
27/7/2020
17:41
I tend to buy and hold over the long term and reinvest dividends. Mostly individual shares. I thought I saw value here when I bought a couple of weeks ago at 383p, I didn't time it right. In retrospect I've decided there are far better investments elsewhere.If he's such a good manager, how come he has made a 2% loss over five years?That's a shocking performance.
gateside
27/7/2020
17:09
I'm probably more concerned over the long term performance of this trust. If you had bought into this 5 years ago you're now sitting on a 2% loss. I appreciate the UK stock market is under duress at present, but even allowing for that I expect a better return than I've indicated.
zac0_4
27/7/2020
16:30
Well I've just bought it. If you're using the FTSE as your comparator and are unhappy if it deviates, then presumably you should buy a FTSE-tracker!
jeffian
27/7/2020
16:23
Experienced manager Stonking yield ( dividend hero status ), gearing reduced and now on substantial discount Lot of bad news in price
panshanger1
27/7/2020
16:21
Gateside . I don't think the Trust is a mistake . Its the timing. When Trusts such as this are on a discount of 15 per cent or thereabouts. Then have a good look at potential value .
superiorshares
27/7/2020
15:38
Their top 10 holdings are currently down 14.2% YTDMRCH down 38.2%Thankfully MRCH only makes up just 1.3% of my portfolio. Dreadful performance from this Investment Trust.If it ever rallies, I'll be selling. My mistake for buying it in the first place.
gateside
27/7/2020
14:58
This has underperformed the FTSE over the last month by best part of 10%. It’s certainly not filling me with confidence at the moment.
zac0_4
27/7/2020
12:13
Added a few on a reasonable discount
panshanger1
25/7/2020
12:40
I'm not sure if this has been posted previously. An update from trust manager, Simon Gergel, dated 7th July can be found on Merchants Trust website. It's entitled Maintaining a Focus on Income. hxxps://www.merchantstrust.co.uk/podcast
zac0_4
25/7/2020
11:20
Have concerns here chart looks horrible if 350 goes 300 is next support.
tim 3
25/7/2020
07:53
The biggest problem for the dividend paying trusts is coming. If they have to cut dividend payments ?.. and I think they will. Then you are looking at Low or nil growth stocks with a decreasing dividend. Now that will be very unattractive !
superiorshares
24/7/2020
11:10
CHC15 - my aim, when the time is right, is to completely move away from individual shares and investment trusts that focus on and pay dividends. I'll focus more on investment funds to deliver overall capital growth. Watching your capital depreciate over time simply so you can enjoy dividend payments is having less appeal to me day by day! Good Luck with your investments.
zac0_4
24/7/2020
08:00
I have the same issue, use fidelity, 0.2% platform fee, as over 250k, funds doing well overall. Use vanguard direct at 0.15%, Lifestrategy funds doing ok. I use iweb for IT holdings, I have around 20 IT's, and they have performed much worse, apart from SMT, and a few others. My holdings in MRCH and CTY not doing well at all!
chc15
23/7/2020
17:50
Gateside - providing the fund generates a good return I'm happy to pay a platform fee. Fidelity charge 0.35% pa. That's £35 a year per £10,000 held. My alternative has been to buy dividend paying shares and trusts, pay a trading cost and spend my time watching my capital, seemingly, continuously be eroded. I might not pay a platform fee for holding MRCH but it's cost me 22.5% of the value of my capital to hold this over the last 12 months. As the advert says, 'You do the maths!'
zac0_4
23/7/2020
16:48
I avoid funds too, as most brokers charge a percentage fee for holding funds in an ISA. I stick mostly to shares and have just a few investment trusts, MRCH being one of them!
gateside
23/7/2020
15:19
Hi Zac, That's because I can only buy things listed on the main board (ie investment trust) but not necessary open end fund...
redponza
Chat Pages: 39  38  37  36  35  34  33  32  31  30  29  28  Older
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