Personally, I like monarchy. Monarchs are symbols of national unity and rich heritage. Just look at British monarchy. It is a matter of their pride. And, I also think that countries like France, Italy, Turkey and so on are very unlucky not to have monarchies.
We see in some countries that, when they are converted from kingdoms to republics, monarchs are exiled even though they could not do any harm to the republic, when the whole situation was under control and they didn't even do any crime.
For example, Mehmed VI of Turkey, Farouk I of Egypt and Umberto II of Italy were exiled.
Why didn't these countries adopt constitutional monarchy so that the monarchs can be granted an honored life?