Merchant’s Bank (MBVT) has done very well over the last 3 months. Â I believe it’s time to take some profits. Â I sold a sizeable portion of my position in Merchant’s today, most of which I purchased back in early 2011, making a gain of about 65%, not counting dividend revenue which has been around 4% […]
Merchant’s Bank (MBVT) has recovered from a recent sell off. Since I bought the additional shares with the whole intention of selling once the share price recovered I sold some of those shares today for a quick 4.49% gain and will most likely buy again if the the price drops significantly again. Again, I am […]
I added more to my position in Merchant’s Bank (MBVT) today at $26/share. Took advantage of the overall market selloff in equities. Dividend yield on Merchant’s at this price is now 4.30%. My opinions on this company have not changed.
We added more to our position in Merchant’s Bank (MBVT) today as the price dipped below our buy price of $26.85. Merchant’s Bank is our largest holding by far as we find the price attractive, especially at $26.85/share, which put the PE around 10 and the dividend yield at 4.17%. As stated in the past, […]
As I predicted the price of Merchant’s Bank (MBVT) has recovered from the unreasonable drop last week. Since I bought the additional shares last week with the whole intention of selling once the share price recovered to sold those shares today for a quick 7.49% gain. Again, I am still keeping the bulk of my […]
