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
  -0.75 -0.15% 484.00 101,523 12:15:01
Bid Price Offer Price High Price Low Price Open Price
484.00 487.00 484.00 484.00 484.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 34.10 30.10 27.68 17.5 533
Last Trade Time Trade Type Trade Size Trade Price Currency
16:35:14 UT 1 484.00 GBX

Merchants (MRCH) Latest News (1)

More Merchants News
Merchants Takeover Rumours

Merchants (MRCH) Share Charts

1 Year Merchants Chart

1 Year Merchants Chart

1 Month Merchants Chart

1 Month Merchants Chart

Intraday Merchants Chart

Intraday Merchants Chart

Merchants (MRCH) Discussions and Chat

Merchants Forums and Chat

Date Time Title Posts
20/7/201912:20MERCHANTS IT yld 6%334

Add a New Thread

Merchants (MRCH) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2019-07-22 15:35:14484.0014.84UT
2019-07-22 15:00:13485.503,08014,953.40O
2019-07-22 14:57:36486.55205997.43O
2019-07-22 14:32:24484.009,50045,980.00O
2019-07-22 14:08:59486.681,0204,964.14O
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 484.75p.
Merchants Trust Plc has a 4 week average price of 478p and a 12 week average price of 464p.
The 1 year high share price is 526p while the 1 year low share price is currently 431p.
There are currently 110,028,464 shares in issue and the average daily traded volume is 103,427 shares. The market capitalisation of Merchants Trust Plc is £532,537,765.76.
goldpiguk: Hi andyj, Interesting point about the MRCH share price. The time period you refer to includes the dotcom crash, the banking crisis as well as the current Brexit effect, which has put some foreign investors off investing in the UK entirely. The MRCH share price has been quite volatile over this time period. At some points during 1998 MRCH shares could have been picked up for around £3.00 a share. The 1998 highs were around the current share price. However it should be noted that since 1998 MRCH has paid out over £3.84 in dividends and is primarily an income investment trust. The UK FTSE 100 where MRCH has substantial holdings has performed poorly over this time period. The intraday high of 6,950.6 set on 30th December 1999 and the closing high that day of 6,949.63 were not exceeded until 2015. For an ISA I think investment trusts (I currently hold three) offer well balanced underlying holdings with a higher degree of income protection than holdings in single companies. In the next few months I expect the UK market to remain very volatile and there is a risk of steep falls especially if we cannot get a satisfactory resolution to the Brexit issue. If the Government collapses and Corbyn comes to power it will hit the UK FTSE hard especially if they increase Corporation tax as they are currently proposing, force companies to give 10% of their equity (indirectly) to employees and embark on a programme of renationalisation of gas and electricity. Companies in the utility sector will face large demerger costs to separate their businesses where some parts are to be nationalised. Higher Corporation Taxes would have a direct effect on UK Companies ability to maintain dividend payments, so investment trusts with large dividend reserves will help mitigate this to some extent. I am continuing to add to my investment trust holdings (recently purchasing more DIG) and in the new tax year will most likely add another Investment Trust to my ISA portfolio. Goldpig
tel5: goes ex divi next thurs so should be a share to keep on holding onto at these levels , nav is well above share price which is unusual for this share.
tel5: seems strange that share price languishing in the mire given that most holdings have risen lloyds been the poorest performer in the holdings , also 6p dividend for holders on 15 th of month
cwa1: Final Results:-
colonel a: The share price has declined steadily for the past 4 months, as per the market. Not headlong and not for 21 months. The dividends have been supported from reserves, but only modestly. The return is good but the share price will largely follow the general trend. You pays your money ...
contango1: Well the share price has been in headlong decline for 21 months with no reason to suppose that is about to change. The divi was partly paid from reserves for 2012 and 2014 and divis from some shareholdings are under pressure in the current year. Contrary opinions welcome!
kiwi2007: Any comments on this IT ? Basically pays a div of 6.5% at 332p - and they have increased the dividend each year for the last 10 (and possibly more). A bit highly geared (130%) but their major holdings seem quite solid with a goodly portion of earning from overseas. Top 10 holdings. | ROYAL DUTCH SHELL "B" | 40,876,409 | 8.17 | +--------------------------------------+----------------+---------+ | GLAXOSMITHKLINE | 38,185,935 | 7.63 | +--------------------------------------+----------------+---------+ | VODAFONE GROUP | 37,449,638 | 7.49 | +--------------------------------------+----------------+---------+ | BP | 33,726,136 | 6.74 | +--------------------------------------+----------------+---------+ | HSBC HLDGS (UK) | 29,338,374 | 5.87 | +--------------------------------------+----------------+---------+ | ASTRAZENECA | 20,859,554 | 4.17 | +--------------------------------------+----------------+---------+ | BAE SYSTEMS | 20,538,561 | 4.11 | +--------------------------------------+----------------+---------+ | SCOTTISH & SOUTHERN ENERGY | 19,914,400 | 3.98 | +--------------------------------------+----------------+---------+ | BRITISH AMERICAN TOBACCO | 19,655,049 | 3.93 | +--------------------------------------+----------------+---------+ | UNILEVER | 18,612,750 | 3.72 The market NAV = 352.83p inc income. (share price 333p) From PDF 31/12/2009 The Trust's performance was ahead of the index with defensives like BAE Systems, Reed Elsevier and Unilever performing well and IG Group up 20%. Negatives were fewer but included as sharp pull back in Pendragon and not owning Rio Tinto and Imperial Tobacco which both rallied.Portfolio activity was limited to reducing positions in companies that had performed well and looked less attractive, like BT and National Grid and adding to relative underperformers, like British Land and SSE. Looking into 2010 we remain of the view that we will see a more stable environment than over the last two years but a high debt overhang limits the scope for strong economic growth. Differentiation between companies rather than sectors is likely to be more important in a slow economic environment. Valuation could be a more important driver of stock performance as well as other fundamentals like business quality and competitive advantage. The portfolio has a high exposure to large, well capitalised companies with strong cash flows, low valuations and high dividend yields. We have also added attractively valued higher growth businesses to the portfolio in recent months. I bought some both for my SIPP and personal account earlier and am thinking of adding - unless someone can disued me? Or point me to a better IT with similar qualities (I hold EDIN and DUN also).
washbrook: I have been watching this carefully for 2 years In the last major recession in 1991. On February 1st 1991 the share price was 169p and the dividend was 9p, therefore if the dividend stayed the same and the share price it would take you 18.77 years to get your capital back not counting the interest accrued just a yard stick. The low of today 16.10.08 was 262p and the dividend has grown to 21.6p, therefore on the same yardstick it would take you 12.13 years that is 54.74% cheaper in value than 1991. The net Yield on the stock in 1991 was 5.325% One year high coupon gilts were yielding 11.38% gross Inflation in (RPI=8.95%Jan1991)(RPI =3.84JAN 1992 Today Merchants Investment Trust is on a net yield of 8.244% One year high coupon gilts 7.69% gross and inflation(RPI 5.0 SEPT). The markets are telling us something or is there a gross misalightment ?
Merchants share price data is direct from the London Stock Exchange
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:20190723 01:21:27