ChrisJSlip
10 Jul 2018
Mercantile IT MRC performance is ok, but not a core holding for me. RIT Capital Partners (different sector of course) is my biggest holding. Why? Their only report says it gives 80% of the upside and less than 40% of the downside of general market movements. Gives private investors exposure to areas which other ITs don’t. DYOR! ritcap dot com
nncalc
30 May 2018
Re: Mercantile IT Following comments on other ITs to put alongside MRC (a "core" holding for me) can I suggest the similar sounding MRCH. It is actually in UK Equity Income in the AIC tables and is at Number One over the last year and 6th over three years. Stands at a useful 6% discount and yields well over 4%. Murray International was ditched some time ago after I felt the managers must be asleep. It managed a negative return (share price and NAV) over the past year but still stands at a premium to net assets. As ever, Do Your Own Research.
Charityman
25 May 2018
Re: 90% Down "1 for 10 split.Keep up!! "I AM trying to keep up but I think you will find it's a 10 for 1 split rather than the other way round. Lol.
tallyfox
25 May 2018
Re: 90% Down 1 for 10 split.Keep up!!
Charityman
25 May 2018
90% Down Massive wipe-out.What's happened?
forddrive
22 May 2018
Re: Mercantile IT Sorry - no. We hold 4 ITs - Mercantile, Personal Assets, Murray Intl. and British Empire. Mercantile is the best one, followed by British Empire/Personal Assets with Murray Intl the least satisfactory - though that was due to a mistimed foray into emerging markets about 3-4 years ago.
valeite
22 May 2018
Re: Mercantile IT forddrive….you're not Martin Hudson in disguise are you? like yourself, i'm happy with our performance over sh/med/long time frame.....it's a core holding for me
forddrive
22 May 2018
Mercantile IT I have said this before, but these people really perform well.
nncalc
10 May 2018
Share split There is a 10 for one scheduled for 24th May.I have seen these before (I remember SMT and before that ATST) and have seen the share price go up in celebration. There is a resistance to buying shares priced over £20, whether it is logical or not. For those who have relatively small amounts to invest, e.g.children plans or div reinvestment schemes, it can be irritating seeing no purchases or significant amounts sitting in cash. In snooker terms, buying MRC at a discount approaching 10% is like "a shot to nothing". You get a good trust with a good record. I expect to see the new shares a bit above the adjusted price of around 220p. I will look for 10p a share profit and move on if it happens.
forddrive
04 May 2018
Mercantile MRC continues to be a great IT.
emisbod
27 Apr 2018
Re: Mercantile Well, I am more than happy with the yield and growth. The plans to do a 10 for one swap do not worry me and may in fact have the effect of narrowing the discount. Have sold out of Schroder income growth and put it in this instead.Keep up the good work!
forddrive
26 Oct 2017
Mercantile I have said this before, but their performance is really solid over quite a long period of time. Well done the managers.
valeite
03 Oct 2017
and.. trading @ 10% discount too ./throw in a 2.3% yield /focused on med and sm co's ....I like it .
forddrive
03 Oct 2017
Mercantile IT A solid performance from this IT over quite a long period of time. Well done the manager!
Boop
25 Jul 2017
Re: Times Tempus [link]
