Rit Capital Partners Share Discussion Threads

[jonwig] 29/5/2016 17:55

Merger between RCP and Alliance Trust mooted by Jacob Rothschild:

[elmfield] 03/3/2016 22:27

I quote from latest report.
Any investor should take time to read it.




There's an old saying that in difficult times the return of capital takes precedence over the return on capital. Our principle will therefore be to exercise caution in all things in the current year, while remaining agile where opportunities present themselves. Problems have a habit of creating opportunities and I remain confident of our ability to identify and profit from them during 2016.

[elmfield] 16/2/2016 17:58

Another 40p down end jan,
Now about 1520p, I guess?

[elmfield] 03/2/2016 19:21

We are moving nearer to fair value.

[jimbo55] 20/1/2016 21:28

Yeah, I've not sold any PNL shares because that trust seems nowhere near as popular right now.

Impossible to predict the precise top when you decide to sell out of a good performer, but if you get within 10% of it then I reckon Lady Luck has served you well. ;)

[elmfield] 20/1/2016 17:59

Jumbo,
I do agree, sold 70% or o just over £16 then watched it go up another
50p, now I feel a little better, however no rush to buy,
I liked pnl better at the moment.

[jimbo55] 20/1/2016 13:57

I sold most of my holding in RCP over the Christmas period because I didn't like the way it acted during last August's mini-crash in the wider markets. I've also lost count of the number of times I've seen it tipped on sites such as Trustnet and in newspapers over the last few years. I'm of the belief - possibly mistaken - that there is a lot of recent retail money in this trust that is only used to seeing its shareprice go up and could therefore panic out easily.

If I'm right, I intend to buy back in on a discount to NAV later this year. I still hold some and it was a real wrench to sell out of such a solid trust. So far, it has proved to be a good decision, but its early days yet. I'm sure the NAV will do just fine in a bear market anyway. I'm looking forward to the annual report to see how they've positioned themselves...

[elmfield] 15/12/2015 15:47

So asset value pushes on up last month.
Shares trade 70p or o above asset,

[essentialinvestor] 09/10/2015 10:08

The more volatile market conditions should suit RIT.

[kinbasket] 25/8/2015 12:11

Boing !!

Just looking through the charts of my holdings this AM and this one is the winner of "Best Boing"

[elmfield] 05/3/2015 08:56

Somebody that knows more than me must
think these still reasonable value!
It is even surprising me, on a roll is the term
I would use here....

[elmfield] 16/2/2015 10:20

Excellent, and issued on time this month!

[jimbo55] 16/2/2015 09:56

Certainly can't complain about the January 31st NAV. ;-)

[elmfield] 30/1/2015 13:45

31dec asset value out today,
Not happy with that time frame.
Get your act together!

[elmfield] 30/1/2015 13:45

31dec asset value out today,
Not happy with that time frame.
Get your act together!

[r ball] 23/1/2015 12:33

this is bearish on Europe with a large $ and CHF exposure.

[elmfield] 21/1/2015 19:35

Been busy at headquarters!

[essentialinvestor] 21/1/2015 07:41

Gold trading above 1300 atm, from memory RIT sold their physical gold however
retained exposure by holding gold mining stocks - that was my take from
the last full year statement.

In the report RIT mention that gold exposure as being one of the detractors from NAV over their financial year, so that will now hopefully reverse becoming accretive.

I mentioned that an updated NAV may be likely by this week,
looking at prior years 31/12 NAV is announced in very early February,
followed by a further update to the end of January released around mid month.

So it appears two separate updates will be announced next month, all just IMV only.

[essentialinvestor] 15/1/2015 10:27

Added on the dip.

[essentialinvestor] 12/1/2015 10:01

Updated NAV may be released later this week, or early next.

[essentialinvestor] 09/1/2015 09:42

Added this AM.

[essentialinvestor] 08/1/2015 19:09

More upside potential for RIT from that list IMV, PNL moves around less.
RIT also still trades on a nice discount, PNL above NAV currently.

[elmfield] 08/1/2015 15:23

Most here have a substantial percent in
Rica, Pnl, Rcp,
Rcp gives a bit more excitement!