We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Rit Capital Partners Plc | RCP | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,920.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,920.00 |
| Industry Sector |
|---|
| EQUITY INVESTMENT INSTRUMENTS |
| Top Posts |
|---|
Posted at 15/3/2024 10:32 by mwj1959 I agree with Mr S. It's now trading at a 28% discount (based on end Jan NAV, which should be higher now), close to a record low. I recognise that there should be some sort of discount attached to the PE exposure, but that only makes up 36% of the trust, of which 25% is in well diversified funds. I suspect this is never going to go back to a premium, but there are good grounds for some narrowing of the discount. Buybacks don't seem to be making much of a difference, while there is no Continuation vote or likelihood of a corporate action. Considering all this a discount in the 10% - 15% range would seem a reasonable target in the MT. Investors shouldn't forget that a discount narrowing can come about due to NAV declines as well as share price rises. Even at current share price levels this is not a one way bet. |
Posted at 15/12/2023 15:14 by riverman77 The fact is CLDN is still on a wider discount than RCP despite being a much better trust in my opinion. RCP only looks attractive versus its historic discount, but compared to other trusts doesn't look out of the ordinary.RCP used to be viewed as a kind of bullet proof portfolio that would withstand all environments - it held up well in the GFC and other bear markets. For that reason it was held in high regard by private investors and wealth managers, and traded on a premium for a long time. I think we can say that reputation has been lost and not sure it will ever go back to its earlier lofty rating. |
Posted at 22/10/2023 09:15 by pugugly Going down the drain? 25% discount. |
Posted at 30/7/2023 10:46 by mancman1 Haven't read full article.It seems a strange decision for an investment platform. It is one thing to tells investors the facts, but quite another to prevent them investing. Fidelity is not a very popular platform in the UK. It doesn't seem to be highly rated by Which. |
Posted at 19/4/2023 11:13 by riverman77 Decent NAV and portfolio udpate. Never been a huge fan of RCP but think this offer good value at current discount. Pleased that they are now providing a lot more detail about their portfolio (used to be a complete back box, with no idea what they were actually invested in). Good to see some of the private assets being realised above book value, which should hopefully reassure investor concerns about thst part of the portfolio. |
Posted at 29/3/2023 11:09 by wolstencroft I'd also recommend the investor meet CTPT talkand ICGT have a good talk too One important point which ICGT made is this: If a private company is valued on a PE of 15 and earnings grow by say 20% but you reduce the valuation multiple by 15% to a PE of 12.75 (because the listed stock markets have fallen), then the NAV still increases I think the markets are wrong on PE. |
Posted at 19/3/2023 22:22 by olliemagern Matteo Anelli,Reporter, Trustnet 17 March 2023 RIT Capital Partners is one of the largest most popular trusts in the IT Flexible Investment sector that analysts have been recommending since the beginning of the year. In January, it featured in Numis’ list of equity trusts worth buying at their discounts (currently at 21%) and at the end of February, Winterflood researchers said that “there are several interesting dynamics at play in the underlying portfolio”, mostly due to the range of asset class exposures in areas that "remain attractive to long-term investors”. “Furthermore, the managers justifiably point out that the fund has yet to produce a negative return over any 3-year period since its launch in 1988”. |
Posted at 14/3/2023 20:45 by f56 To be a successful investor you need to be 100% sure of everything you invest in. Their is no room for a black box! |
Posted at 28/2/2023 08:02 by mancman1 Results today.A bit defensive about its investment in private equity. This caught my eye: "It may well be that we are witnessing a reversal of a decade's material outperformance of financial assets over the real economy. Investors will likely need to adjust their expectations to the very different environment of a higher cost of capital, labour and raw materials, and with no safety net provided by central banks..." |
Posted at 03/2/2023 11:16 by bottomfisher According to RCP's investor relations department, contacted on Jan 31, "We expect to publish our December NAV, unaudited as is always the case, within the next week. The full year audited results will be published at the end of February. |
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
Hot Features
Premium
