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MRCH Merchants Trust Plc

555.00
4.00 (0.73%)
Last Updated: 11:27:38
Delayed by 15 minutes
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 Shares Traded Last Trade
  4.00 0.73% 555.00 77,328 11:27:38
Bid Price Offer Price High Price Low Price Open Price
552.00 556.00 555.00 553.00 553.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -19.53M -30.25M -0.2022 -27.40 824.31M
Last Trade Time Trade Type Trade Size Trade Price Currency
11:40:48 O 1 556.00 GBX

Merchants (MRCH) Latest News

Merchants News

Date Time Source Headline
20/11/202412:04UK RNSMerchants Trust PLC Net Asset Value(s)
19/11/202413:58UK RNSMerchants Trust PLC Net Asset Value(s)
18/11/202414:11UK RNSMerchants Trust PLC Net Asset Value(s)
15/11/202413:55UK RNSMerchants Trust PLC Net Asset Value(s)
14/11/202413:30UK RNSMerchants Trust PLC Net Asset Value(s)
13/11/202414:04UK RNSMerchants Trust PLC Net Asset Value(s)
12/11/202414:01UK RNSMerchants Trust PLC Net Asset Value(s)
11/11/202414:00UK RNSMerchants Trust PLC Net Asset Value(s)
08/11/202414:13UK RNSMerchants Trust PLC Net Asset Value(s)
07/11/202413:02UK RNSMerchants Trust PLC Net Asset Value(s)

Merchants (MRCH) Discussions and Chat

Merchants Forums and Chat

Date Time Title Posts
22/10/202417:36MERCHANTS IT yld 6%2,391
17/1/202410:48INVESTMENT TRUSTS as an Annuity580

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Merchants (MRCH) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
11:40:48556.0015.56O
11:31:48554.005002,769.98O
11:27:00554.051794.19O
11:21:31554.05161892.02O
11:19:54554.051,7959,945.20O

Merchants (MRCH) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by Merchants Daily Update
Merchants Trust Plc is listed in the Trust,ex Ed,religious,charty sector of the London Stock Exchange with ticker MRCH. The last closing price for Merchants was 551p.
Merchants currently has 149,602,887 shares in issue. The market capitalisation of Merchants is £828,799,994.
Merchants has a price to earnings ratio (PE ratio) of -27.40.
This morning MRCH shares opened at 553p
Posted at 22/10/2024 17:36 by tim 3
Yes CTY is an absolute stalwart dividend payer increasing its payment since 1966!Has lower gearing than MRCH though so moves both up and down are less exaggerated.A classic boring but consistent investment trust.As with many trusts like this if you can pick them up when markets are in turmoil such as Covid you can be set up for years to come otherwise don't expect to much capital growth.IMO dyor .
Posted at 21/10/2024 12:59 by janeann
Been a very long term holder of MRCH. Just wondering if anyone has any recommendations for othehr trusts that have such a good track record of both income and growth. Thanks in advance
Posted at 26/7/2024 15:19 by mister md
SS - is £6 pounds by end of *July* 2024 good enough ?!




Superiorshares 16 Oct '23 - 01:08 - 2281 of 2335

Will the MRCH share price soon begin with a 4 ? ...I think so
I repeat £3 pound ush by the end of 2024

--------------------------------------------------------------------
Mister MD 19 Oct '23 - 07:24 - 2282 of 2335 Edit

I'll go for £6 pounds by end of 2024
Fwiw have added to holding in the 490s.
Posted at 07/6/2024 07:20 by investingdad
'Time in the market, not timing the market.' That's the only tip you need, focus on that rather than your pretend shorts. I think we are all still awaiting your rant style explanation of why dividends will reduce too. I can see there being a little US instability before the election - there always is and we've not seen a sell off yet. But then it should recover and pick up momentum once the outcome is clear or looking clear. Globally there are a lot of elections this year to watch out for. There will be less instability here as it is more or less decided and business are starting to side with Labour. So sell off could be more ripples than shockwaves. I would imagine the range you'd expect would be 480-500 for 2024. 2025 is harder to call. And as amateurs we don't really have the full data sets to know. Even the pros don't know, they were expecting it to happen before this. It is a bit of a fools game betting the precise share price when there are so many uncertainties, but that doesn't stop SS of course. In my opinion: The biggest concern will be inflation, which I think will rise again in the future, and share prices will directly correlate. What we don't know yet is when rates will be cut. I feel US are going to hold for longer than here, but of course reductions can come too late and be a reaction to the horse that has already bolted. However, SS, your numbers to get to 300p is nearly a 50% drop. COVID panic saw about 40% drop. The GFC saw 57% or so, so you are calling something closer to the GFC. It's a big call. Brexit gave a 22% decline for MRCH, similar decline would see share prices at about 450p from 580p. But it doesn't really matter. 300p, 400p, 450p, 480p, 500p. Are all great to good prices when you have time.
Posted at 22/5/2024 11:57 by mister md
Superiorshares 16 Oct '23 - 01:08 - 2281 of 2335
Will the MRCH share price soon begin with a 4 ? ...I think so
I repeat £3 pound ush by the end of 2024
------


Hmmm, so that looks like the 2nd big MRCH call you've got completely wrong.

I have a sneaky suspicion your revised £3 target by end of 2025 is complete b0llox too.
Posted at 25/4/2024 09:47 by mister md
SS - a reminder ;-)



Superiorshares 16 Oct '23 - 01:08 - 2281 of 2335

Will the MRCH share price soon begin with a 4 ? ...I think so
I repeat £3 pound ush by the end of 2024
--------------------------------------------------------------------
Mister MD 19 Oct '23 - 07:24 - 2282 of 2335 Edit

I'll go for £6 pounds by end of 2024
Fwiw have added to holding in the 490s.
Posted at 19/4/2024 20:14 by investingdad
I said closer to 600p than 300p. I'm correct so far. 11% gain Vs 40% drop. We will see.From the invasion to a year later the share price rose 15% or so and rallied on the move to value in 22. Higher for longer is certainly going to be true, however there will be some downward movement here before the US. MRCH has done well enough in the high interest rate environment, even with some poor performance of late. Also, if you have invested here during the lows, you manage to outpace inflation and keep picking up those dividends without a worry. Time in the market and all that.I'm fine with them issuing shares when at a premium which is what they openly do. Earnings per share have risen, looks positive enough.Stability from elections here and predominantly US will give the market direction. To deny it as a political view is an odd call when a history has shown that it more or less happens every time.I do think 2025 might have some more issues, but a correction in US markets will probably happen this year, however I think stability from elections will push the bad news a little. Providing the middle east doesn't truly ignite.
Posted at 16/10/2023 01:08 by superiorshares
Will the MRCH share price soon begin with a 4 ? ...I think so

I repeat £3 pound ush by the end of 2024
Posted at 25/8/2022 23:36 by mbu69
SS you are spouting the same stuff as 2 years ago on the HHI thread where for some reason MRCH ( from you ) came up I posted the compound dividend growth in MRCH in my sipp. This is a dividend based trust isn't it.

You can see the conversation from here



I had a small top up with in the compounding list of dividend reinvestments i posted and you said "quote: I see your thousand at £ 3.65".

madness ?

I had no guarantee the price would pick up, how could I? But it seemed at a low. The only reason for the top up. Looking at a graph and guessing if you like, basically ignoring external events with a longer time view.

Despite the media telling me everything is doom and gloom which appears to be the norm for as long as i can remember, there is always a crisis it is important to remember there are some winners in every crisis. I have no better idea than the experts do as to what what will be the reality of the world will be in 5 years+ time.

The MRCH share price may go back to £3 tomorrow or the Putin may die tomorrow and a really nice chap who loves the EU ( or at least selling gas to it ) takes over or we all get monkey pox and lock down again or china does something nuts or it never rains again. All I know is that if you have time with an investment don't sell but compound.

I think it's very very hard to get rich quickly but relatively easy to get a little wealthier than average if you have the luxury of a longer time span. Compounding works refer to Einstein.

If you want less compounding more potential growth buy some SMT/SSON or VUSA ETF but they are a bit depressing when things are going down due to the lack of or tiny distributions and compounding.

Chill out!

Did you spot the relatively bit combined with Einstein in the same sentence ?


Regards Mark
Posted at 11/8/2022 18:53 by zac0_4
janeann - that's one of the reasons why I now prefer funds / trusts to individual dividend paying shares. A 10% drop in GSK share price equates to a 0.55% reduction to MRCH share price. I see no reason to sell.
Merchants share price data is direct from the London Stock Exchange

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