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
  0.00 0.0% 432.00 190,452 16:35:05
Bid Price Offer Price High Price Low Price Open Price
426.50 427.50 444.50 422.50 436.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 36.24 32.67 29.67 14.6 519
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:05 UT 2,633 432.00 GBX

Merchants (MRCH) Latest News (1)

More Merchants News
Merchants Investors    Merchants Takeover Rumours

Merchants (MRCH) Discussions and Chat

Merchants Forums and Chat

Date Time Title Posts
25/11/202009:13INVESTMENT TRUSTS as an Annuity50
24/11/202016:57MERCHANTS IT yld 6%1,057

Add a New Thread

Merchants (MRCH) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
View all Merchants trades in real-time

Merchants (MRCH) Top Chat Posts

Merchants Daily Update: Merchants Trust Plc is listed in the Equity Investment Instruments sector of the London Stock Exchange with ticker MRCH. The last closing price for Merchants was 432p.
Merchants Trust Plc has a 4 week average price of 330.50p and a 12 week average price of 330p.
The 1 year high share price is 569p while the 1 year low share price is currently 293.50p.
There are currently 120,219,887 shares in issue and the average daily traded volume is 252,388 shares. The market capitalisation of Merchants Trust Plc is £519,349,911.84.
ivor hunch: I think infrastructure funds have been overlooked by many, yet not only have most maintained and even grown their dividends, but their share price has held up well. I have Sequoia, Ecofin, JLEN Environmental, Renewable Infrastructure, HICL, International Public Partnership, GCP Infrastructure, and 3I Infrastructure. There some other good ones which I am currently researching. Greencoat UK Wind looks interesting as one of the largest wind power producers in UK. On the whole, however, I prefer infrastructure funds with international spreads.
ctrader3: The Merchants Trust PLC announces that at close of business 28 October 2020: 1) based on the par value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 353.02p. 2) based on the market value of the company's long term debt and preference shares, the capital net asset value per ordinary share was 333.11p. 3) based on the par value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 355.16p. 4) based on the market value of the company's long term debt and preference shares, the cum-income net asset value per ordinary share was 335.25p. --------------------- everyone has different opinions otherwise there would be no markets. if u wanted to trade MRCH everyone will differ on which price to trade. doesn't matter to me as I only trade the yield. trading habits are hard to break, I waited years to buy LWDB but when they went up I took the profit, a decision I regret as they yielded 7%, maybe Mr. Market will give me another chance ?
zac0_4: "when do you book your gains on ATT?" - I tend to take out a figure from my non-income paying investments equivalent to an annual dividend payment at the end of a calendar year. So, as an example for a £10,000 investment in ATT 12 months ago I'd be looking to take out £550 at the year end. Equivalent to 5.5%, comparable to the annual dividend from MRCH at that time. However, because of the share price increase in ATT over the last 12 months that £550 means I'm only selling 3.4% of the value of the stock.
zac0_4: That's an awful lot of "ifs". I can't see a share price of £6.80 on any horizon for this! However, your example of a rising share price resulting in a reducing yield, not actual income, is interesting when I look to answer the question you posed yesterday regarding selling part of a holding in ATT. My answer will follow . . .
ctrader3: if u bought 10k of MRCH yielding 8%, it's easier to switch to a cash equivalent so £800 pa. if u assume the dividend is unchanged over 10 years but the share price doubles, u will still earn £800 pa but it will only now yield 4% (still 8% on buying price) if the share price doesn't rise keep re-investing in MRCH for as long as they don't change their dividend policy, your dividend take after 10 years would be £1,440, more if the share price fell as the yield would rise. if u sold your MRCH shares say roughly 20k plus dividends earned of 8k and re-invested in a share say a Renewable yielding 6% your dividend would rise to £1,680 pa
zac0_4: ctrader3 - I'll take your 2 examples separately. (i) "unlike ATT which is down 4%" you fail to add that ATT's share price, despite it's 4% loss today, is still up 76% over the last 12 months compared to MRCH at -28%, and (ii)"your pension would be £45k a year and u get to keep your 750k", not if you bought 12 months ago. Your £45k pension has cost you £210k in capital reduction over that period.
gateside: But MRCH is a FTSE investment trust. It would be good to compare it to companies in the UK, as that's what it invests in.The big omission is that MRCH does not hold any gold. POLY is in the FTSE100 and pays a good dividend too. Performance has been excellent. MRCH missed out there.Too much focus on Tobacco here, an industry in decline.
zac0_4: SS - the figures on the MRCH website are a little confusing. The 5 year performance is dated 28.08.15 to 28.08.20 and, as you say, clearly shows a share price return of 2.9%. If I look at data taken from the HL website the share price return for the same period is -19%. Further investigation states a caveat that: "percentage growth, total return . . ." on that basis I suspect the 2.9% return over 5 years includes dividends.
zac0_4: I think it's vitally important to regularly review performance of individual holdings. I haven't said that my strategy is simply to move away from income just because we're in a period of unprecedented uncertainty. However, a mainstay of any investment portfolio has to be capital preservation. If holdings cannot hold onto my capital when things get tough then I see little point in holding them. MRCH share price has to deliver 61% growth from here just to get back to it's year end figure! I'm sick and tired of having to play catch up with my income paying holdings. I've plenty of other holdings that have more than proved their resilience during this period.
tim 3: Some quality posters on here as always. I think many and I include myself in this bought mrch for income thinking that although the share will go up and down if they maintain their long record of increasing dividends the month to month movement of the share price is less important because you still get that payment and in the longer term the share price has always come back to make new highs. Of course total return is the most important thing but for income seekers this principle kind of works and is quite easy to get your head round.
Merchants share price data is direct from the London Stock Exchange
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201125 23:03:34