Murray Share Discussion Threads

[linhur] 14/3/2016 12:55

Bluetooth

Proposals to convert B shares to ordinary shares announced today. B share scheme closed in July.

Linhur

[bluetooth] 10/2/2016 17:21

Anybody know the difference between these and the "B" shares (NYIB)?

I'm thinking of buying in and the "B" shares have a bigger discount.

Thanks

[8w] 15/1/2016 12:24

Top up time approaching... ? Don't know, have lost a bit of faith in Bruce. Perhaps he was just riding on the rising tide. The going gets tough and he is well and truly exposed. Hope not I want to have faith and the yield is so appealing

[pherrom] 20/8/2015 12:21

Started a new thread (August 2015) to get charts (ouch) and news (RNS).

[godel] 19/8/2015 10:47

Bruce has called the last 5 years wrong. Yes, he has a contrarian reputation but he has gambled and he has lost. The portfolio is effectively unbalanced ... big time. Yes a point of great value is approaching but only for new investors. Tough luck for LT holders and more so for recent purchasers who must be nursing big losses and severely disillusioned. Those who thought MYI was a means of preserving capital and enjoying yield/growth have now learned a lesson (myself included) about free lunches.

Still there is always the yield ... unless the dividend isn't cut that is.

[godel] 18/8/2015 12:34

If 900p is the 50% Fib then we are probably going to head sub 800p poss 750p.

Which would equate to a yield of over 6%.

Then again, one of the benefits of active management is that the manager can take "action" to stop the slide. We shall see if Bruce can push the correct buttons.

The price you pay for active manager with a contrarian style. Seriously massive punts on EM stocks esp Latin America which have gone south and still have much further to go.

Fine if you have the cash to buy in at that level.

[contango1] 18/8/2015 12:18

Lowest share price in 5 years and trading at a discount hardly enhances Mr Stout's reputation!

[gilston] 15/7/2015 19:18

Big fall here. What`s going on?

[jimbox1] 03/12/2013 18:27

Much of the share price under-performance is due to the evaporating premium. Perhaps we will even go to a discount before Stout strategies prove their worth in the longer term.

[chester] 03/12/2013 16:15

It's certainly underperformed recently, unfortunetly.

[nobee] 02/12/2013 14:05

Re the above, I ought to add that I am a long term holder and fan of the both shares and Bruce Stout. I bought a further 500 today at 10.36.

[nobee] 02/12/2013 13:58

The performance is reverting to the mean, the share price being back where it was a year ago. The premium has shrunk to about 4%, and you can buy the shares for 10.32 today.
Bruce Stout is a classical economist critical of UK and US economies, and of the behaviour of their central banks. Nevertheless many US and UK shares have done well this year, markets eschewed by Mr Stout. No doubt sticking to this policy will once again pay off in due course, but perhaps relaxing the economic rigour and spreading the equity net wider would get the NAV recovering faster.
One plus remains, nevertheless, and that is the continuing outstanding record of dividend growth.

[jimbox1] 07/3/2013 23:28

I don't buy the great rotation story. If the central banks already own the bonds, they will not rotate into anything else. They will just sit tight on the bonds they have until redemption.
I'll have to look at RCP. The discount to NAV looks interesting, whereas the MYI premium is beginning to concern, given the risk of a correction soon.

[elmfield] 07/3/2013 22:09

Yes, question is where will the money go?
Rcp results today worth reading, imv.

[jimbox1] 07/3/2013 20:19

I assume you are referring to Bruce Stout's view. Only central banks are buying (Western) government bonds. Clearly there will be a problem when they stop.

[elmfield] 07/3/2013 19:58

I see our great leader has a gloomy view of bonds,

[elmfield] 15/2/2013 19:16

They still carry on and deliver.

[northernlass] 05/6/2012 01:17

What The Experts Say

James Budden of Baillie Gifford said: "The fact that these trusts are still going strong suggests that they have been doing most things in the right way for their investors over the past 60 years.

"The standout trusts are Murray International and Scottish Mortgage, both of which have adapted well to modern times and have given strong returns to investors over the past five to 10 years. The former was well positioned for the 2008 downturn while Scottish Mortgage offers shareholders a stake in some of the world's most progressive companies."

Source:







Alan Brierley of Canaccord said: "Two of my favourites investment companies are Edinburgh Investment Trust and Murray International. Neil Woodford of the Edinburgh has put together a concentrated portfolio of predominantly UK companies that can deliver solid earnings and dividend growth, while Bruce Stout of Murray International has constructed a genuinely global portfolio of companies that have delivered the best long-term record of any open or closed-ended global equity fund."

Source:



P.S.

Here's a couple of links about SCLP, one of the hottest stocks at the moment:

[flips] 14/11/2011 10:15

Good write-up of MYI in current issue of Moneyweek by Merryn Somerset-Webb.

[flips] 06/8/2010 11:36

Raised the divi again. Well happy with this one

[zeppo] 26/2/2009 17:55

Raised the divi. yesterday and seems to be holding up well.

4.24% yeild shown on Financials tab (above) at yesterday's close.

z