Featuring: Avation PLC (AVAP), The Merchants Trust (MRCH.L), Non-Standard Finance (NSF) and a presentation by Roger Lawson.
Avation PLC (AVAP): is a specialist commercial passenger aircraft leasing company managing a fleet of aircraft which it leases to airlines across the world. Its customers include Flybe, Virgin Australia, Thomas Cook, Condor, Air France, Philippine Airlines, EVA Air, Air India, Vietjet Air, Fiji Airways and Mandarin Airlines. Avation also has a subsidiary that supplies aircraft parts and spares to a range of operators, internationally.
The Merchants Trust (MRCH.L): Launched in February 1889, MRCH is one of the oldest LSE-listed investment trusts. It aims to generate a high and growing level of income with the potential for long-term capital growth. Since 2006, MRCH has been managed by Simon Gergel, who is AllianzGI’s chief investment officer for UK equities. He runs a relatively concentrated portfolio of c 40-50 positions. Since end-January 2017, MRCH has been benchmarked against the FTSE All-Share index (previously the FTSE 100 index). No single asset may exceed 15% and the portfolio must be invested across at least five sectors with no one sector above 35%. Gearing of 10-25% of net assets is permitted (at the time of drawdown). MRCH pays one of the highest dividend yields in the AIC UK Equity Income sector and its annual dividend has increased for the last 35 consecutive years. To maintain the record of dividend growth, reserves have been used when necessary.
Non-Standard Finance (NSF): Non-Standard Finance plc operates in the United-Kindom’s non-standard consumer finance sector. The Company operates through four divisions: Central, Loans at Home, Everyday Loans and Trusttwo. The Company has Home Credit Division of S&U plc (S&U), which trades as Loans at Home. Loans at Home provides home credit and serves approximately 98,000 customers. The Company’s Everyday Loans provides unsecured consumer loans on a face-to-face basis in the non-standard finance segment. Everyday Loans division serves approximately 37,000 customers and it operates from a network of approximately 40 branches across the United Kingdom. The Company’s Trusttwo focuses on the guaranteed loans in non-standard finance sector. The Company provides credit to approximately 12 million United-Kindom’s adults who are not served by (or choose not to use) mainstream financial institutions.
Roger Lawson: Investor Roger Lawson will be presenting his new book ‘Business Perspective Investing and Why Financial Numbers Are Not Important When Picking Shares’. The book explains what you should really be looking at if you are to avoid the dogs of the investment world and pick the winners instead. A book for all who wish to learn more about the art of investing.
These events consist of 25-minute presentation by each company followed by 15 minutes of questions and answers. Companies presenting are interesting growth companies of small/medium cap size. Refreshments and a buffet are provided free of charge and you get the opportunity to talk directly to the directors of the presenting companies. This is also a great opportunity to socialise with your fellow investors and discuss these and other investment opportunities. These seminars are open to anyone with an interest in stock market investing.
Stockopedia will provide facts and figures on the presenting companies for attendees (don’t forget that ShareSoc subscribing members can get a special discount on Stockopedia subscription rates – see Member Offers ). Event registration opens at 6pm and presentations commence at 6:30 pm.
All you need do is complete the following form to register for this event. Non-members will be granted free Associate Membership of ShareSoc as this event is exclusive to ShareSoc Members – see Membership for more details of Membership benefits. Full Membership costs less than 90p per week if you wish to consider that as an option. Please do not hesitate to contact us if you have any difficulty registering or have any questions on this event by using our Contact page. Or you can phone our office on 0333-200-1595. Numbers are strictly limited and attendance will be on a first-come-first-served basis – so please register your attendance now to avoid disappointment!