Share Name Share Symbol Market Type Share ISIN Share Description
Merchants Trust 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
  +3.00p +0.60% 503.00p 500.00p 506.00p 506.00p 500.00p 506.00p 85,114 16:35:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 32.6 27.7 25.5 19.7 546.90

Merchants Trust Share Discussion Threads

Showing 26 to 48 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
19/5/2010
08:22
Fact sheet TO END OF 30.5.2010:http://www.fundtoolkit.com/RCM/factsheets/FS_Merchants1.pdf
washbrook
17/2/2010
22:30
My wife holds some of these as a steady income generating IT. Having bought early last year the share price has reflected increase in the index reasonably well in addition to the div. rik
rik shaw
17/2/2010
21:06
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) http://www.fundtoolkit.com/FundPages/RCM/Documents/FactSheets/FS_Merchants1.pdf 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).
kiwi2007
06/7/2009
17:05
FIRST QUARTERLY DIVIDEND The Board has declared a first quarterly dividend for the financial year ending 31 January 2010 of 5.6p, payable on 19 August 2009 to holders of record at the close of business on 17 July 2009.
rik shaw
28/1/2009
15:09
The table of OWEN 999 was compiled in early March 2008. Notice the differece now I compiled a spreadsheet. Notice RBS High/Low =37 times. http://spreadsheets.google.com/pub?key=p_YcOU8NrRM7-lIwU6pv7OA The figures are correct to 27.1.09
washbrook
28/1/2009
13:10
---------CLICK TO ENLARGE---------------------------------------------------------------------------------- This year if you are an investor now the 4th of March and the volatility has outstripped 2007 easily with 9 months to go. Looking at my portfoilio of stocks 10 out of 21 stocks are more volatile than FTSE. This is a high yielding portfolio. yielding 5.83% ----------------------------------------------------------------------------------------------------
owen999
22/1/2009
10:15
The Board has declared a third quarterly dividend of 5.6p per Ordinary Share, payable on 20 February 2009 to holders on the register at the close of business on 23 January 2009. xd 21.1.09
washbrook
22/1/2009
10:12
Now at 271p 7.91% yield. LOW on 27.10.08 @248p( which gave a yield of 8.47%) In my bones I think it it is still going lower sometime in late January to March if the $ strengthens from here. If the $ starts to weaken should go higher.
washbrook
16/1/2009
07:27
Now at 273p dividend=21.6p net yielde 7.9% now looks good value for income searchers.
washbrook
16/10/2008
17:36
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 ?
washbrook
29/9/2008
11:18
342p offer 6.3157%yield I suspect they will go to 330p at least.
washbrook
05/9/2008
20:19
372p close yield 5.80645
washbrook
05/9/2008
10:44
AT 374p yield 5.7754% current market price@10.44hours. --------------------------------------------------------------------------------------- http://ww2.bestinvest.co.uk/funds/fmpro?-db=webprices.fp5&-lay=allfields&-format=factsheet.htm&investment_codename==MRCH&-find
washbrook
26/8/2008
13:47
http://www.fundworksinvestments.com/allianz/tools/_factsheets/The%20Merchants%20Trust%20PLC%20Fund%20(English)%20195.pdf
washbrook
10/7/2008
08:49
At 10.7.2008 @358p yield 5.869% likely to move lower. I would be a buyer at 314p yield 6.69%. since my first post in 2003 Dividends have increased 2003=17.2p 2004=17.6p 2005=18.0p 2006=18.9p 2007=20p 2008=21.6p
washbrook
05/5/2008
19:22
1.5.08 471 nav share price 442 6.1% discount 4.89% yield
washbrook
31/3/2008
11:52
AT 413.25p now yields 4.83%.
owen999
04/3/2008
12:05
---------CLICK TO ENLARGE---------------------------------------------------------------------------------- This year if you are an investor now the 4th of March and the volatility has outstripped 2007 easily with 9 months to go. Looking at my portfoilio of stocks 10 out of 21 stocks are more volatile than FTSE. This is a high yielding portfolio. yielding 5.83% -----------------------------------------------------------------------------------------------------
owen999
29/10/2004
17:08
Have a look at City Merchants (CHY) for long term. Accumulate around 165p for long term, or sell around 190p. Yield 6.58%.
eithin
09/7/2004
08:11
talybibo, No I got the printed version - but it may have been last years. I think quite a lot of the gearing was at around 9%. I may be wrong, it is a year or so since I looked but do check for yourself because it put me off what I thought was an otherwise excellent IT. Best regards SBP
stupidboypike
08/7/2004
15:02
Correction - "full accounts" (no one would publish their fullunts on the internet!)
talybibo
08/7/2004
15:00
Maiden post on this board and I am a holder. Since MRCH publish their top ten holdings and ADVFN show the yields we can deduce that half MRCH's portfolio yields 4.38%. Given that they are paying 5.64% to us which, by the time we take into account say a 10% discount to NAV, effectively reduces to 5.08, it means they must be making 5.67% from the rest of their portfolio - all before costs and interest. Sounds to me that we might be paying for our dividend by an on-going reduction in asset value. Did you manage to find a copy of their fullunts on the internet Stupidboypike; I notice they have about 30% gearing; not all at 9% I hope! All IMHO of course.
talybibo
07/7/2004
09:26
Hi All, Just a quick warning Merchants has some pretty expensive fixed rate borrowing on board ( around 9% from memory). I was a great fan until I researched and found this out. Best regards SBP
stupidboypike
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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