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
  -2.50p -0.51% 487.50p 485.00p 490.00p 485.00p 485.00p 485.00p 133,149 16:35:09
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 32.6 27.7 25.5 19.1 530.05

Merchants Trust Share Discussion Threads

Showing 101 to 125 of 325 messages
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
DateSubjectAuthorDiscuss
31/3/2016
16:49
Dividend is only just covered (24p dividends vs 24.05p EPS), but given the marketing value of '34 years of growing dividends' I would expect the divi to be held or increased marginally over the next couple of years at least. The 10.6p-per-share revenue reserve gives some room for manoeuvre. For example if there were widespread FTSE dividend cuts and Merchants EPS fell by 10% in each of the next 2 years, the dividend could still be maintained. Special dividend from GSK next month will be welcome.
broadgreen
31/3/2016
16:47
shalder, astute point on the debt, will pass that one on to my Dad as he has asked me about MRCH, thanks.
essentialinvestor
31/3/2016
16:43
Unusually high discount as mentioned, plus a chunk of very expensive debt terminates in 2018 which if necessary could be refinanced at vastly lower rates. The forward divi may not be so vulnerable as some think.
shalder
31/3/2016
16:43
EI - the 6% is part of the effect of the discount to NAV, the actual yield on the assets is lower. This is part of the benefit of buying into an investment trusts. They are geared which also increases the yield and they write options which increases the income.
rcturner2
31/3/2016
16:30
I'm not sure 6% is sustainable, even allowing for the 30 plus year record, however they may be due the benefit of the doubt on that. pike, yes it's fair point - added a few this AM, may again if we get some weakness. Kicking myself for not buying some MYI last month, that was a great price near the lows.
essentialinvestor
31/3/2016
16:20
Top 10 Holdings (%) GlaxoSmithKline 7.3 Royal Dutch Shell "B" Shares 6.9 HSBC 5.8 UBM 5.3 BP 4.6 Lloyds Banking Group 3.8 BAE Systems 3.4 Inmarsat 3.0 Tate & Lyle 2.8 Centrica 2.5
rcturner2
31/3/2016
16:05
Although they didn't cut their dividend in 2008!
stupidboypike
31/3/2016
14:39
Yes looking through some of the main holdings that is also what strikes me. The flip side is perhaps that you can currently buy MRCH at a fat discount to NAV and if the worst comes to the worst and they need to cut the divi, would have thought any reduction would be small unless we are facing a re-run of 08.
essentialinvestor
31/3/2016
14:35
looks good/interesting but key holdings include dividend risky HSBC, BP, GSK etc
joe say
31/3/2016
11:57
lol - the yield is just over 6% at the current price.
essentialinvestor
31/3/2016
08:56
Is it unreasonable to expect MRCH to name the two who beat them ?
colonel a
31/3/2016
08:10
Their outlook on the macro appears a little optimistic to me.
essentialinvestor
31/3/2016
08:07
Bought some more this morning, 6% fully covered, with a 34 year history of dividend growth and outperforming the index, what's not to like? Best regards SBP
stupidboypike
31/3/2016
07:39
Final Results:- http://uk.advfn.com/stock-market/london/merchants-trust-MRCH/share-news/Merchants-Trust-PLC-Final-Results/70942947
cwa1
25/2/2016
18:03
this share will prove to be a good recovery play with a dividend to savour while you wait, majority of holdings are in sound companys which should recover in time
tel5
22/1/2016
11:06
I don't think you will regret that, Wish I had some funds yesterday to add to my holding !
noiseboy
22/1/2016
08:12
Morning All Just joined your merry band with a maiden(unless my memory is at fault!) purchase here at a smidgeon under £4. Hoping it will be a solid, decent yielding middle term holding that requires little, or no, attention. Also that 6p divi next Thursday(XD) is pretty much in the bag too at this level. Fingers crossed and good fortune to holders.
cwa1
19/1/2016
14:16
Thanks for confirming speedsgh.
asmodeus
19/1/2016
11:16
@campervan1 from HTTP://www.hl.co.uk/shares/shares-search-results/m/merchants-trust-plc-ordinary-25p/dividends (select FULL DIVIDEND BREAKDOWN tab)... FY to 31/01/2015 Total 23.80p Final 6.00p XD 23/04/2015 paid 22/05/2015 Q3 6.00p XD 29/01/2015 paid 25/02/2015 Q2 5.90p XD 09/10/2014 paid 11/11/2014 Q1 5.90p XD 09/07/2014 paid 14/08/2014 FY to 31/01/2014 Total 23.60p Final 5.90p XD 23/04/2014 paid 23/05/2014 Q3 5.90p XD 29/01/2014 paid 26/02/2014 Q2 5.90p XD 09/10/2013 paid 12/11/2013 Q1 5.90p XD 10/07/2013 paid 14/08/2013 Alternatively see HTTP://www.dividendmax.co.uk/united-kingdom/london-stock-exchange/investment-trusts/merchants-trust/dividends
speedsgh
18/1/2016
16:59
Last year (and previously) it was on 29th January ,according to ADVFN "financials".
asmodeus
18/1/2016
16:36
Been looking for the next ex div date and can't find it anywhere. Must be soon. Can anyone enlighten me please?
campervan1
17/12/2015
15:15
New Edison research note released today... High yield from focused UK equity portfolio - HTTP://www.edisoninvestmentresearch.com/research/report/the-merchants-trust15
speedsgh
29/9/2015
13:45
"the share price will largely follow the general trend" Curiously 4 months ago FTSE up 17%, MRCH up 26%; 21 months ago FTSE up 14%, MRCH up 26%. Furthermore, the FTSE is more heavily committed to the weak commodities/mining sector suggesting that MRCH might have been expected to outperform the general market. Hence MRCH in headlong decline!
contango1
29/9/2015
11:57
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 ...
colonel a
29/9/2015
10:09
My guess is that the quarterly dividend will be maintained at 6p but for the fourth year of five will require a top up from retained profit reserve.
contango1
Chat Pages: 13  12  11  10  9  8  7  6  5  4  3  2  Older
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