Rolls-royce Fp Discussion Threads

[cyberbub] 02/11/2010 23:13

Will these not just collapse back on 10th Nov though?

[pre] 02/11/2010 15:15

11p bonus....not yet gone ex div!! We should see this motor from here as it looks like stock is tightly held....dyor etc

[pre] 02/11/2010 15:13

Distribution of Cash Following Disposal



TIDMRRF

RNS Number : 4642V
Rapid Realisations Fund Limited
02 November 2010

?
2nd November 2010

RAPID REALISATIONS FUND LIMITED
("Rapid" or "the Company")

Distribution of Cash Following Disposal

Rapid Realisations Fund Limited (AIM: RRF), announces that on Friday 29th
October it partially redeemed its loan note interest and sold its equity stake
in DDM Group AG ("DDM"), a Swiss based company which acquires distressed
consumer debt portfolios from financial institutions. Rapid realized EUR7m in cash
as a result of the transaction which is greater than the cost of the investment.

Rapid continues to hold loan notes in DDM to the amount of EUR6.34m which are
redeemable in 4 equal installments at the end of March 2011, June 2011,
September 2011 and December 2011.

As a result of this disposal, Rapid will use the sale proceeds to return capital
to shareholders. It is the Directors' current intention to return to
Shareholders a minimum of 11p per Share by way of a bonus issue of B Shares to
Shareholders on the Company's register on the record date of 12th November 2010.
The Company's Shares will be marked ex-dividend on 10th November 2010.

Following their issue the B Shares will be immediately redeemed by the Company
on a pro rata basis. The redemptions will have an anticipated settlement date of
26th November 2010.

-ends-

Enquiries:

Grant Thornton Corporate Finance Philip Secrett
[phone]

Rapid Realisations Fund Limited Rhys Davies
[phone]

This information is provided by RNS
The company news service from the London Stock Exchange
END

MSCGMMGMZZDGGZM

[bones30] 15/9/2010 21:34

Aware of all this. Started the thread (there wasn't one) so I could look at the charts easily.

Reason for the interest is Weiss took a stake. You guys watching this too?

Wondering if Weiss plan to shake things up, so to speak.

Spread is a bit of a killer.

[double6] 15/9/2010 21:18

NickP - Only reason for the drop was the XP date been reached - 23p returned to shareholders

[nickperry68] 15/9/2010 21:13

Don't hold these myself, just noticed the drop
Ouch!

"Rapid Realisations Fund posts a comprehensive net loss of £6.2m for the six months to the end of June - up from £695,908 last time.

The firm had total net assets of £54.2m - down from £60.5m at the end of December and £61.2m a year ago - and cash and cash equivalents of £14.9m compared with £22.5m in 2009."

from; StockMarketWire.com