BH Macro Ltd. GBP Shares (BHMG)

Sector:

Investment Firms

Index:

FTSE 250

389.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 397.00p
  • 52 Week Low: 328.00p
  • Currency: UK Pounds
  • Shares Issued: 344.98m
  • Volume: 653,353
  • Market Cap: £1,341.99m
  • RiskGrade: 97
  • Beta: 0.26

Sunday share tips: Morrisons, BH Macro

By Alexander Bueso

Date: Monday 27 Apr 2020

LONDON (ShareCast) - (Sharecast News) - Morrisons decision to continue going 'the extra mile' for all its stakeholders, clients, staff and shareholders should stand it in good stead over the longer-term, the Mail on Sunday's Midas column said.
Once the crisis is over, people will not forget the grocer's efforts to help communities, despite the significant financial cost of initiatives such as paying farmers and small firms more quickly to alleviate their strained cash flow.

Discounts for NHS workers or setting up call centres for the elderly, vulnerable or simply those not used to ordering online.

The company also has potential from a purely financial standpoint, including its wholesale arm or its digital operations.

Sales have in fact grown during the lockdown and another special dividend isn't off the table.

"Morrisons is doing well so the group should be in a strong position once the current crisis has passed," said Midas.

"A healthy balance sheet means that the board can afford to be generous with dividend payments too. At ?1.88, the shares should deliver long- term rewards."



BH Macro has enjoyed recent volatility in global capital markets, racking up an 18.3% during the month of March, even as the Covid-19 pandemic threatened a global economic crisis.

The Guernsey incorporated closed-ended investment trust shows that "there is money to be made" but it's not for the faint-hearted, said The Sunday Times's Jill Treanor in her 'Inside the City' column.

The trust also racked up impressive returns of over 20% in 2007 and 2008 each, but March was its best month ever.

Even so, the trust is more interesting to watch than to dabble in, she argued.

"There were leaner periods too, when markets were dominated by low interest rates and quantitative easing, such as the six years to 2018. BH Macro is more interesting to watch than to dabble in."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BHMG Market Data

Currency UK Pounds
Share Price 389.00p
Change Today 4.00p
% Change 1.04 %
52 Week High 397.00p
52 Week Low 328.00p
Volume 653,353
Shares Issued 344.98m
Market Cap £1,341.99m
Beta 0.26
RiskGrade 97

BHMG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
15.32% below the market average15.32% below the market average15.32% below the market average15.32% below the market average15.32% below the market average
54.51% above the sector average54.51% above the sector average54.51% above the sector average54.51% above the sector average54.51% above the sector average
Price Trend
34.82% above the market average34.82% above the market average34.82% above the market average34.82% above the market average34.82% above the market average
20.13% above the sector average20.13% above the sector average20.13% above the sector average20.13% above the sector average20.13% above the sector average
Income Not Available
Growth
67.91% above the market average67.91% above the market average67.91% above the market average67.91% above the market average67.91% above the market average
57.45% above the sector average57.45% above the sector average57.45% above the sector average57.45% above the sector average57.45% above the sector average

BHMG Dividends

No dividends found

Trades for 21-Nov-2024

Time Volume / Share Price
16:38 31,955 @ 388.00p
16:29 331 @ 388.00p
16:29 1,682 @ 388.00p
16:29 1,200 @ 388.00p
16:29 1,682 @ 388.00p

BHMG Key Personnel

Chair Richard Horlick

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