Merchants Share Discussion Threads

[thamestrader] 15/3/2023 09:18

I haven't updated my calendar, but was 15/3 last year, so probably some time this week.

[richtea2517] 15/3/2023 08:19

Is it pay day today ?

[tim 3] 14/3/2023 21:53

I think most investors here accept that crashes are part and parcel of the risk you take if you invest in the market and have a plan for when it happens, usually keeping some money on one side and taking advantage of the bargains they offer.

[jeffian] 14/3/2023 17:50

#2186,

What a strange remark. If you're saying you wouldn't buy any equity yielding less than best deposit rates, I don't think the stock market is for you!

[investingdad] 14/3/2023 16:44

Absolutely agree with this. 4.8% yield plus a capital return. My holding yields about 10% and has 40%+ capital gain. Savings won't offer that and they the potentially won't do it forever. Max is currently about 4% or 5% with a cash limit. This game is all about risk. It is riskier than a bank, but you can potentially gain far more. If you look at the historic performance, buying low has rewarded investors who can stomach it and can wait until they want to sell rather than needing to sell.

[thamestrader] 14/3/2023 14:25

Q: Why buy merchants on a 4.8% yield when you can get 4% from most banks now?

A: In a diversified portfio: Do both! It needn't be either/or.

[mjames20] 14/3/2023 11:21

Inflation may be part of the answer. If Merchants have their analysis right the dividend and the value of the underlying assets may increase at something close to the rate of inflation. With inflation at 10% bank deposits are making a 6% loss in real terms. Merchants shareholders maybe hoping for a smaller loss in real terms.

[mortal1ty] 14/3/2023 10:29

Why buy merchants on a 4.8% yield when you can basically get 4% from most banks now? I don't understand why this isn't trading on a discount to make the yield more attractive.

[investingdad] 14/3/2023 07:16

I think this is the entrance into a couple of years of lower growth from this point forward. We are seeing delayed reactions of rate hikes, more of this could come. This is where businesses who are cash intensive will suffer as lending etc will become more scrutinised and tighter. I think if you were looking to sell, then at 600p at your chance. However in the longer term, this trust will continue to pay its dividend, in 5 years it will be back to around this level or higher. The demand will remain from investors who want a stable yield of income. The only way I see this at 300p is if the whole market goes. As said before I will be buying then as I did last time. I am holding this for longer term, slower gain. The power of compounding over a longer time with its dividend should prove a wise investment choice.

[superiorshares] 13/3/2023 21:33

Mister MD .
I did get the first target totally wrong . Your right it was under £5 pound by the end of Jan . I will stick with my £ 3 pound-ish target by the end of 2024 .

You see the EU central bank and federal reserve are constantly lying !
Their inflation estimates , their constant statements about how safe their banks are and how well capitalised they are , as all can see they are talking utter hogwash !
Now I think all companies are going to be slashing dividends on a huge scale over this year and next .
The markets imo will be massively lower probably within the next 6- 10 months .
We shall see

[mister md] 24/2/2023 13:35

Bet they regret selling M&G now ...

[sharesoc] 18/2/2023 23:19

In case you missed our webinar earlier this month with The Merchants Trust PLC (MRCH), the recording can be found on our YouTube channel:

[tim 3] 15/2/2023 22:38

Two observations about shorters after 20 years on ADVFN 1 It's always going to happen tomorrow.2.Most disappear after a while and many of those who don't seem to get comfortable losing money in the hope that point 1 applies Fact is that over the long term the US and UK markets have always moved up.

[investingdad] 15/2/2023 21:50

Good to see things are still going here, I couldn't log back into my old account.Now for a rant from the usual SS about shorting MRCH...I think if you try and second guess market sentiment you often lose. That is why future betting isn't always easy and predictable.Go back a year or so, to the beginning of the war. Out of panic and necessity, I sold some positions which were shorter term holds and in profit. I felt like things could get really bad in the markets. On reflection, they didn't. Luckuly, I held onto good, proven dividend paying shares and continued to add to MRCH at around £5. It did take my average price up somewhat but having bought in the Covid downturn, it yields about 10% and I will happily take that. As I have said before, below £5 this becomes an even bigger bargain. Which was reflected in the very short term Dip below £5. At which point I did expect it to continue to retreat with the economy and was ready to buy larger amounts below £4.5.I do feel that this rise, is all too much too soon however and there will be a retreat, particularly if interest rates continue north here when we follow the FED playbook. I think if you look at rate rises vs inflation impact, it is minimal. There is more to this journey yet.

[mister md] 08/2/2023 08:59

There's 600p.

[tim 3] 04/2/2023 20:32

Realised some time ago that although its not exactly exciting, good quality investments like this combined with that other crucial ingredient, time really does swing the odds in your favour.

[janeann] 04/2/2023 19:37

well i was pleased with 362 march 20 2020 - surprised /amazed it has done quite so well since then?

[jeffian] 04/2/2023 19:27

I did (almost). I have.

I haven't been able to see posts by 'Superiorshares' for some time, but I gather I made a very bad decision.

[ctrader3] 04/2/2023 15:43

U could have bought MRCH around the covid low for 300p
U have doubled your money.
U also have received 81.9p in dividends
So 10k invested would now be valued at 22.7k.

GL

[sharesoc] 03/2/2023 22:18

ShareSoc is hosting a webinar with The Merchants Trust PLC (MRCH) on 07 February 2023, which may be of interest to current shareholders or potential investors. Simon Gergel (Portfolio Manager, The Merchants Trust and CIO UK Equity, AllianzGI) will be presenting. You can register here:

[mister md] 02/2/2023 16:33

Superiorshares - 17 Dec 2022 - 07:46:57 - 2164 of 2171
...
Below 5 pound by the end of Jan 23
3 pound ish by the end of 2024





So you got the first target totally wrong. What does that say about the second one ?!

[tim 3] 13/1/2023 11:07

Nice to see record highs here, ftse close to ath too.

Uk economy GREW in November.

Apparently there might not even be a recession after all.

Wish they would make their minds up!