Rit Capital Partners Share Discussion Threads

[lovegod] 17/4/2013 17:58

Nice to know that even one of the most powerful people on this planet can also get an ear infection same as the serfs. Is RIT holding genel energy, anybody know ? Ha

[elmfield] 16/4/2013 22:07

Thank you!
No sandwiches then?

[r ball] 16/4/2013 21:58

I was there only took 20mins. all news already in public domain. nothing to add and a waste of time going.

[elmfield] 16/4/2013 13:42

Anyone at the agm?
Nice to hear your feed back of so?

[madengland] 11/4/2013 14:50

Yes agreed, great spread assets. 5% premium would stick us up over 1400. Topped up a few more selling the last of my hicl which looks a bit too far above nav. And a nice divi for us all next week then!

[elmfield] 11/4/2013 13:39

In fact this should trade above NAV.

[madengland] 11/4/2013 12:50

Yes folks, looks good for 10% near term catch up

[elmfield] 11/4/2013 10:57

Yes,
In my view this has to be a buy, in these markets this should cover most scenarios,

[haydock] 11/4/2013 09:34

I missed commenting on the March golden X.
This should be interesting going forward.

[r ball] 10/4/2013 16:33

anyone going to the agm, next tuesday??

[elmfield] 10/4/2013 15:37

Have to say am holding on to rica, sold some other utilities that have done o.k., maybe done bit to well, lol.

[madengland] 10/4/2013 14:32

Yeah, this has a good rise to come IMO. Sold all my rica and hicl and put all in this one couple weeks back. Will spread holdings again once this closes discount which is unwarranted

[haydock] 10/4/2013 10:03

Used to trade at a premium, now heavily discounted.

[r ball] 09/4/2013 17:42

anyone going to the agm next week?

[elmfield] 09/4/2013 09:53

This is where you hope you will outperform when the market falls back, if it does on fact do that, part of any well run diversified portfolio along with rica, pnl rtc to name others in this group.

[jimbo55] 08/4/2013 23:06

Agreed. ;)

[a1samu] 08/4/2013 17:41

Yes. That is where you are wrong. If you would not give a stuff you wouldn't react to my posting in a personal way. As to caffeine, you clearly know what you say, for you cannot do otherwise then what you are, but you know nothing about me, as neither do I want to know anything about you. This thread is now over, and any further personal comments will be ignored as they rightly should be. If a rational discussion can continue well and good. Any personal stuff will be consigned to the dust bin, to where they rightly belong.

[jimbo55] 08/4/2013 15:17

Feel free by all means. I couldn't really give a stuff what you do to be honest, but given how highly strung you appear to be, I would suggest staying off caffeine (or does that count as unsolicited advice?).

[a1samu] 08/4/2013 15:10

Yes, I would expect these highly paid people to benefit from good timing from investments. It is not a matter of entering or exiting. It is good timing and they too are slow off their feet. Nevertheless, whatever else gold may be, I shall do as I please and say what I want whether you like it jimbo or not and certainly I shall invest where I want without your leave to do so, or your unsolicited advice!

[jimbo55] 08/4/2013 13:47

If you don't like how the trust is being run, and are not prepared to forgive them for their failure to time every trade/investment to perfection, then you can always invest elsewhere. Just curious about how you think they've failed to make to profit from Gold in any way. From what I can see, they've been in from a far lower price than it is now. Also, as somebody who is a born contrarian, I think exiting gold mining companies now, when they are so hated by retail punters, most hedge funds and institutional investors, would end up turning out to be a clanger in the longer run.

If you don't like this trust's approach, maybe a hedge fund wrapper trust such as BH Macro would suit you better...

[jimbo55] 08/4/2013 13:12

I would much rather RIT hold their Gold as a hedge, rather than dump it with it with the herd - particularly given Japan's announcement last week (which I'm sure you must have noticed, and remembered that RIT has exposure to Japan in the form of being long equities and short Yen - will hardly have been bad for the trust's NAV recently). Happy for the short term hit on Gold to be taken. I think dumping their Gold related investments in the current climate would turn out to be a major mistake in the medium term.

... and yes, I believe in the Gold story; despite the grind over the last 18 months, and with darn good reason.

[a1samu] 08/4/2013 12:46

lovegod tell this to Jacob! it has costs RIT £11M before they found this out!