We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Rdl Realisation Plc | LSE:RDL | London | Ordinary Share | GB00BW4NPD65 | ORD GBP0.01 |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 59.70 | 56.20 | 63.20 | - | 0.00 | 00:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
Date | Subject | Author | Discuss |
---|---|---|---|
27/4/2015 10:02 | Thanks, jonwig. I was concerned by the level of gearing too, but decided to take a small stake, selling my P2PC to invest the proceeds here instead. The 10% target was just too hard to resist, particularly with most of the portfolio being secured. Here's the latest idealing advice re: allocations, with some fairly significant scaling back having been applied: The Ranger Direct Lending Fund plc Share Offer closed on 23rd April. Allocation Announcement: Clients who applied for the minimum £1,000 receive 100 shares each, corresponding to £1,000. Clients who applied for more than £1,000 receive 100 shares plus 47.72% of the excess amount, rounded down to the nearest share. Example: An Application of £10,000 will receive 529 shares (100 shares + £9,000 excess x 47.72%, rounded down to the nearest whole share = 429 shares) We expect to be able to credit client accounts with successful allocations on 1st May. Trading symbol: RDL | wirralowl | |
26/4/2015 05:52 | We'll see how it goes, Wirral. You need to keep a watch on the US economy, of course - a recession there would probably increase default rates on their loans, and of course, they are gearing up their fund by 50% from the start. | jonwig | |
24/4/2015 08:41 | Offer closed a day early, taken from idealing: The Ranger Direct Lending Fund plc Share Offer closed at 5pm on 23rd April. The announcement of the results of the issue are due on Monday 27th April. We expect to be able to credit client accounts with successful allocations on 1st May. Trading symbol: RDL | wirralowl | |
22/4/2015 09:21 | Thanks for starting the thread, jonwig. A bit more 'meat on the bones' in an interesting article from whichinvestmenttrust In summary: Fast Facts New IPO seeking upto £135 million The trust will invest in loans to SMEs on Direct Lending platforms Seven platforms will be used initially but the number will likely increase Targeting a 10% annual dividend to shareholders 12-13% annual target total return after all costs Dividend will be paid quarterly with the first payment expected in December Manager Ranger manages money for institutional pension funds including National Grid Management team has around 20 years experience in lending and underwriting The trust can borrow up to 50% – though high for a trust, banks are more highly geared Important Dates Offer closes on Friday 24th April 2015 It’s available via a number of platforms including Alliance Trust Savings, AJ Bell, TD Direct WhichInvestmentTrust The high yield will prove attractive to many, but the lack of a track record by the management, together with the very high performance fee will tempt some to wait and see how the trust performs. Should performance be as expected, the managers will likely return to the market to raise more money, which will present investors with another opportunity to invest again but with the benefit something of a track record. | wirralowl | |
18/4/2015 06:26 | Dave - secured makes it more palatable - so that will be mostly property assets, and in the US. Key details on TDD website are min £1,000, increments of £10; must be an individual not joint account; closing date 24 April. | jonwig | |
17/4/2015 11:11 | I like the fact that their aim is to lend 75% of their funds on a SECURED basis. | davebowler | |
16/4/2015 14:25 | nice one .g luck . you can add my city wire link from fix on this if you like. | jaws6 | |
16/4/2015 06:28 | Documents to date don't appear to include the offer size or increments. Quite a few brokers seem to be offering it. I'm very sceptical: is this a bull market mania offering with its 10% yield target and fat fees for the managers? ... basic fee is 1% (of gross assets) and a performance fee which looks easy to earn. Yield is achieved via gearing up the fund by borrowing up to 50% of NAV - in other words, an eye-watering 50% of initial funds raised at IPO, and maybe more if NAV increases. Target is to raise up to 13.5m shares at £10. | jonwig | |
15/4/2015 18:00 | This might be over-risky, rubbish even. But a likely yield of 10% means it's worth at least a look. And it's marketed to the public. Documents here: | jonwig | |
08/5/2008 10:49 | Results out tomorrow, but I'm in here due to fact that it's massively oversold. Should rise very rapidly and very soon. Trading on the Canadian index has been excellent with big rises in last few days. Far higher volume traded in Canada, but somehow has remained under the radar here. Strong buy! | foxette2 | |
25/2/2003 14:52 | From professional recruiter Creditors fume over RDL buyout claim posted 09.05am 25/02/03 Richard Staines Furious creditors of IT recruitment company RDL have accused its management team of buying out the firm to avoid paying debts. RDL went into administration earlier this month and suspended its shares from trading on the Alternative Investment Market. The creditors claimed that as the firm was going into administration, managing director Andy Richards was brokering a management buyout deal. A disgruntled creditor said: "What they have done is rid themselves of all the debt and all the creditors that they owe money to." It is alleged that a new company, RDL Corporation, which has the same management team, now operates from RDL's Woking offices. Richards has been unavailable for comment since the company admitted it was in financial difficulties a month ago. The major cause of RDL's problems was its £14m purchase of the IT recruitment company M3 in August 2000. Two legal claims were made against RDL before it went into administration. One was a resurrection of a legal battle with rival Jobserve, sources have claimed. Jobserve MD Robbie Cowling was unavailable for comment. | snappy | |
06/2/2003 16:33 | They think it's all over, it may be now. ;-) RNS Number:1772H RDL Group PLC 06 February 2003 RDL Group PLC ("RDL") Appointment of joint administrators and suspension of trading Further to the announcement of 28 January 2003, RDL announces that the negotiations between RDL and the vendors of M3, a company that RDL acquired in August 2000, have broken down. In addition, RDL has received notice of two legal claims against RDL that it is unable to meet. As a result, RDL announces that today it has been granted an administration order by the high court. Shay Bannon and Dermot Coakley of BDO Stoy Hayward have been appointed as joint administrators of RDL. Accordingly, RDL has requested that its shares be suspended from trading on AIM. End This information is provided by RNS The company news service from the London Stock Exchange END | tony14 | |
28/1/2003 22:44 | At least The statement predicts a reduced profit(or at least EBITA)rather than a loss. Providing the cash flow is positive the co should survive and at 7p looks a (risky)buy | hosede | |
28/1/2003 19:09 | buy the company for £1.2m ______ pay £5m to settle M3 ________ £6.2M in total | wham2003 | |
28/1/2003 18:59 | 1.2m market cap! how low can she go? Actually, if it goes much further down I could afford to buy the whole company | matwsn | |
28/1/2003 08:52 | RNS Number:6876G RDL Group PLC 28 January 2003 RDL Group PLC ("RDL" or the "Group") Trading Statement As indicated at the time of the interim results (announced on 23 May 2002) and the subsequent trading statement made on 25 July 2002, trading conditions in the IT recruitment market have proved particularly challenging. The market for IT contractors remains weak and there has been a continuing lack of demand for permanent placements. In view of this, your board believes that the Group will report profit before tax and the amortisation of goodwill for the year ended 30 September 2003 that will be significantly below current market expectations. The results for the year ended 30 September 2002, which are anticipated to be released in mid-February 2003, are expected to be in line with current market expectations. The Group has reacted to these market conditions by taking costs out of the business and it continues to reduce its cost base through an extensive rationalisation programme. The board believes that this rationalisation of the business means that the Group is now better positioned to take advantage of opportunities as and when they become available. The board of RDL also announces that they are presently in advanced negotiations with the Vendors of M3, a company which RDL acquired in August 2000. These negotiations relate to the settlement of the #5,000,002 deferred consideration that is payable to the M3 Vendors. Shareholders will be kept informed of any developments. End This information is provided by RNS The company news service from the London Stock Exchange END TSTBRMRTMMITBRJ | tony14 | |
28/1/2003 08:50 | there she blows MGD | snappy | |
24/1/2003 14:08 | oh dear 11/12 and looking like it'll push lower as well. no egg for me thanks MGD! 35K shares traded at 6p today somebody is confident | snappy | |
18/1/2003 00:59 | MGD, RDL and SBG are the two IT staffing agencies most likely to go bust/tap shareholders for extra cash (if they are able to) to support themselves in the near term and they will struggle to provide themselves with working capital when the upturn finally comes imho of course. These two are the ones I expect to really struggle in my bakers dozen. Some others will rise very nicely. And no I don't want egg with that if it's alright ;-) | snappy | |
17/1/2003 12:16 | Snappy, tell me something i don`t know! Up she goes, down she goes; is there more to the Snappy lexicon i wonder..? | mgd | |
16/1/2003 15:27 | Down she goes on no volume or is there a delayed sell in the pipeline! | snappy | |
09/1/2003 14:45 | Down they go again | snappy | |
08/1/2003 09:28 | When are the final results due for this outfit? Interims in May, so final's imminent. The last set of results indicates a Co. overburdened with debt and a liquidity problem. Regards | tony14 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions