Rdlz Real Discussion Threads

[spectoacc] 17/1/2018 11:38

And up again - Zero to hero.

[spectoacc] 16/1/2018 15:14

A little life; got some this morning but not as many as I'd have liked. I still think they're fairly "safe", notwithstanding still no Princeton resolution for RDL.

[spectoacc] 06/12/2017 11:17

GLIZ got a great ticker tho ;)

[yieldsearch] 06/12/2017 10:03

yes :)
currently offered at 102.40, and factoring stamp duty and costs, yield to maturity is 6.03%
Another ZDP has a much higher yield, GLIZ, close to 12%, but that one is a disaster waiting to happen..

[spectoacc] 06/12/2017 09:29

Thanks. Think I've got enough of them already, but at least gives me a laugh at his lack of proof-reading (330m??).

[yieldsearch] 06/12/2017 09:25

hxxp://www.adventurousinvestor.com/423-rangers-zeros-might-be-worth-a-closer-look

[spectoacc] 22/11/2017 09:00

Not long before arbitration news on Princeton, which will affect RDL and may affect sentiment on RDLZ. Picked up some more RDLZ in anticipation, since even if Princeton is zero I still think RDLZ reasonably safe. Barring another credit crunch perhaps..

[davebowler] 18/7/2017 12:56

Exeter-based Hawksmoor Investment Management yesterday told investors it owned under 1% of Ranger Direct in its Distribution fund. Its chief investment officer Daniel Lockyer said: ‘We now view this, rather than an income generator with a big fat yield of 15% which we do expect to come in, but a special situation and there is now an activist investor on the register so we are hopeful this holding will contribute to returns in the future.’

Hawksmoor, an active investor in investment trusts, also holds Ranger zero dividend preference shares in its Vanbrugh fund.

[rob the slob] 01/7/2017 08:25

Just bought some. Gross residual yield is 6% at the moment which i feel is a fair reward for risk (compared to current corp bond yields for other financial lenders) with added attraction to me of being capital gains taxable rather than income.

[spectoacc] 27/6/2017 10:07

Picked up a few more of these - I figure there'd have to be further gremlins like Princeton in the RDL portfolio for the RDLZ's to be even slightly in trouble, but open to alternative views. Per yesterday's RDL RNS and the length of time it's taking to not actually get anywhere, I'm assuming the worst on Princeton:

[spectoacc] 15/6/2017 07:22

Seems positive:

"The Board has today instructed the Investment Manager not to exercise its borrowing powers as set out in the borrowing policy to incur any senior borrowings through the provision of credit facilities by financial institutions over the next twelve months, so as not to incur any debt that has preference over the existing zero dividend preference shares. "

[jaws6] 25/10/2016 07:24

Dave
did not know on this thread here.
Thanks. Hope you seen news .