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Share Name Share Symbol Market Type Share ISIN Share Description
Middlefield Canadian Income Pcc LSE:MCT London Ordinary Share GB00B15PV034 RED PART PREF SHS NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 100.00 98.00 105.00 - 0.00 08:00:12
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 7.0 5.6 4.3 23.3 2

Middlefield Canadian Inc... Share Discussion Threads

Showing 126 to 150 of 150 messages
Chat Pages: 6  5  4  3  2  1
DateSubjectAuthorDiscuss
13/4/2021
08:21
Been very strong of late due to their cyclical nature,bond yield rising are advantageous,completely different mandates to CGI.Realy annoying & lazy when comparing yield & discount over short periods.
contrarian joe
24/3/2021
12:14
Has this been recommended somewhere today?
8w
11/1/2021
16:46
Skyship, Certainly keen on any analysis/comparisons like this but don't see where you get the 4.1% yield on CGI. From ADVFN financials I see 82 Canadian cents ~ 2.5% ??
colonel a
11/1/2021
14:14
Tilts - I take your point; however: MCT: Yld 5.4%, disc 13%; NAV over 12m = -7.2% CGI: Yld 4.1%, disc 33%; NAV over 12m = +37.4% Well, I know where I'm happy to be. Still, I won't post those comparisons anymore. GLA
skyship
11/1/2021
12:41
CGI mandate is to invest in long-term growth...and income MCT is to provide a high level of income...with capital growth Totally different!
tiltonboy
11/1/2021
11:33
As a single choice of a Canadian trust to hold, then worthwhile pointing out that people have a choice. I suspect the mandate is pretty similar...
skyship
10/1/2021
16:03
SKYSHIP, They have different mandates. You would expect them to. Not certain why you are comparing them!
tiltonboy
10/1/2021
14:32
CGI continues to outperform MCT: free stock charts from uk.advfn.com
skyship
07/1/2021
13:12
The dividend history is available here: hxxp://www.middlefield.co.uk/mcit07.htm
rcturner2
07/1/2021
12:52
Now declared. 1.275p, you'll be astonished to hear. "The dividend will be paid on Friday, 29 January 2021 to Shareholders of record on Friday, 15 January 2021. The ex-dividend date is Thursday, 14 January 2021."
digitaria
06/1/2021
07:58
does anybody know about the dividend this year? last year it went ex-div on 10 jan, i can't find anything about when the next div is... tq
unastubbs
20/11/2020
16:14
Nice very very nice. Just over 100p asset value.
escapetohome
20/11/2020
16:13
Middlefield Canadian Income PCC Net Asset Value Middlefield Canadian Income PCC Middlefield Canadian Income - GBP PC (a protected cell company incorporated in Jersey with registration number 93546) Legal Entity Identifier: 2138007ENW3JEJXC8658 Net Asset Value As at the close of business on 19 November 2020 the estimated unaudited Net Asset Value per share was 100.58 pence (including accrued income).
escapetohome
14/11/2020
20:41
Consider: BRNA NAIT
neilyb675
14/11/2020
20:39
dsct, You can't compare CGI and MCT as they have different mandates. Given the choice I prefer CGI. I hold both, so happy that one complements the other. In terms of discount, CGI is always wide, whereas MCT have traded at a tighter discount.
tiltonboy
14/11/2020
17:41
Many thanks for your prompt replies. @tiltonboy - I have glanced at their portfolio, and note the top 10 holdings account for 42%. These large cap holdings would also provide diversity from my usual small cap investments. @escapetohome - I don't mind an oddity lol (as per DUKE and SONG), and I see people not being aware as a bonus. The North America exposure would also diversify my portfolio. @SKYSHIP - I read this board before posting, and noted your CGI alternative. As you show, MCT has underperformed CGI, but this may be a reason to prefer MCT - catch-up prospect. MCT would need to increase approx. 50% to bring in line with CGI in your chart, although obviously not as simplistic as that. I have my own spreadsheets to analyse P&L, B/S, and C/F reports, and may now compare MCT and CGI to show any stand-out differences to investigate. I suppose one alternative would be to split my potential investment between the two. Thanks again.
dsct
14/11/2020
13:59
I will also take a look at CGI.
escapetohome
14/11/2020
13:58
Really like this IT, been a holder for many years. The only bearish point im aware of is that its a bit unusual, a bit of an oddity. Middlefield are a canadian or us company fund manager , but this is listed on uk market. So not home grown. People are not aware of this trust , its an unknown quantity, undiscovered. Great assets, pleased to be here.
escapetohome
14/11/2020
13:52
dsct - all I would advise, is what I have been advising on this thread for the past two years - take a long hard look at the far better value Canadian & General Investments (CGI). They have massively outperformed MCT, yet still trade on a 31% NAV discount versus the 15% here at MCT! free stock charts from uk.advfn.com
skyship
14/11/2020
13:49
dsct. Research their portfolio, and take a view on markets. I like MCT, there is an attractive yield, and I believe the discount is wider than it should be.
tiltonboy
14/11/2020
13:37
Hello Gents and Ladies, MCT has recently come to my attention, probably due to incorrect information on ADVFN, but upon a brief initial glance, I've decided to look into this further. Whilst I'm doing some research, I would be grateful if anyone with more knowledge of this company could provide a brief overview, and maybe more importantly, any bearish signals, to counter my current bullish view. ADVFN are incorrectly showing a Mkt Cap of £1.89m, due to there being only 2.28m shares in issue, and this skewed the financials/ratios shown here. For me now, the discount to NAV, North American diversity and the 6% divi paid quarterly are what has initially interested me. I also hold DUKE and SONG, both quarterly divi, so this may possibly be a worthy addition to the income/compound growth section of my portfolio. I will be looking through their accounts, RNSs, website etc. as part of my research. Thanks in advance.
dsct
18/9/2020
19:32
Net Asset Value As at the close of business on 17 September 2020 the estimated unaudited Net Asset Value per share was 96.44 pence (including accrued income). Investments in the Company's portfolio have been valued on a closing price basis.
escapetohome
01/9/2020
22:44
Net Asset Value As at the close of business on 28 August 2020 the estimated unaudited Net Asset Value per share was 95.94 pence (including accrued income).
escapetohome
03/8/2020
18:12
I can see why!! ,! MCT has 4.3 % weighting of its portfolio in Microsoft. Microsoft jumped 5% on news of tic tok american arm purchase. Portfolio Summary Top 10 Holdings Name Sector % of NAV Northland Power Utilities 5.3% CIBC Financials 4.8% Brookfield Renewables Utilities 4.5% Enbridge Pipelines 4.4% Microsoft Information Technology 4.3% Sun Life Financial Financials 4.3% BCE McDonald's WPT Industrial REIT Granite REIT Communication Services 4.1% Consumer Discretionary 3.7% Real Estate 3.6% Real Estate 3.5%
escapetohome
03/8/2020
09:59
I treat it almost like a fixed income share, so buying when heavily discounted, selling when at a premium. Works for me, plus picking up the yield. As a result I was not particularly happy with their change to include a higher US weighting.
taylor20
Chat Pages: 6  5  4  3  2  1
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