Rit Capital Partners Share Discussion Threads

[hazelton] 05/3/2006 19:06

Thank you for that about SEC , I am intent upon increasing my exposure to private equity at present as a way of gaining uncorrelated investments. I shall look into them.

And how do you think that RCP is doing at present ?

[damanko] 04/3/2006 18:05

Those of you into this (I am) might also be interested in SVG Capital, though, like RCP & Pantheon (up 65% in a year) - the growth is, I think, already in the price. If you download the half year results (30 June 2005), there may be a nugget in there worth looking at. It has spawned another Investment Trust - Strategic Equity Capital (SEC). On their site .... you can download the SEC interim report, to 31/12/05. Only been going 6 months, I like the look of it. I'm "into" a few of these private equity IT's, trouble is, apart from Pantheon which I bought under 90 pence in the '80's, they are all a tad on the expensive side. Unless you get in near the beginning. So SEC at about £1.14 may prove a good buy in a few years time.

[hazelton] 22/2/2006 20:49

981 ! Where now , falls on high volume.

[hazelton] 06/2/2006 23:45

I wonder how up to date sites like trustnet & bestinvest are regarding NAV of ITs ?

[elmfield] 06/2/2006 19:47

The net asset value of RIT Capital Partners plc as at 31 January 2006 was 911p
per #1 ordinary share (31 December 2005: 867.1p per share).


Settle for that each month!

[hazelton] 04/2/2006 07:17

RCP has an NAV of 870 & price of 1004 currently (Bestinvest) As it seems to be well above its trend line since Nov 2002 I am wondering could down a bit be where its going to ? I suspect not much though , perhaps 880 ?

[honiton] 01/2/2006 21:55

just you and me elmfield - have a look at TNN if you are interested. Have held for about a year (thankfully they never breached my -15% stop loss - and I'm now glad) but have underformed market.....

[elmfield] 01/2/2006 16:07

Not long it seems!
£10 reached, where next......

[honiton] 29/1/2006 20:36

Don't know why?
This stock is so opaque. share price rise could be linked to hedge fund and private equity out performance.

[elmfield] 29/1/2006 20:15

Must be the unquoted tech stocks driving this?

[elmfield] 27/1/2006 14:43

Onwards, £10, How long?

[honiton] 20/1/2006 12:30

On the up. One of my better ones - even if it's somebody else managing it!!

[elmfield] 17/1/2006 23:23

Carry on, what a star in good and bad times.

[damanko] 26/7/2005 18:13

Stillbroke - you won't be, with this one. I too invest monthly, in an Alliance SIPP. Have you looked at Pantheon (PIN), see thread. For some inexplicable reason stocks like these two seem to be off the radar for the average ADVFN BB poster.

Why that should be is absolutely beyond me, could be that long term, quality growth is just not a priority on here.

[stillbroke] 15/6/2005 11:00

I've got this in my ISA. A more solid long-term investment you won't find. Also subscribe to the low-cost savings scheme. Also hold BTEM, another IT gem with an outstanding record.

[honiton] 15/6/2005 10:46

The share save scheme is good as well-nothing like pound cost averaging...

[damanko] 15/6/2005 09:49

You sai it, and look at this fly over the last couple of months. Could be others have started to notice that this investment trust is run by the Rothschild family (18%), it's a wealth creating vehicle for their future, and mine, I hope.......

[honiton] 14/6/2005 12:05

Typical.

A good oeic that everyone ignores...

[damanko] 22/3/2005 10:05

Fair point. I sold Personal Assets early 2000, so haven't actually read any of his epistles since then, but I remember them making me smile. Think its fair to say a good proportion of his family's wealth is tied up in Personal & Collective Assets, which explains his caution.

Still think they are very good 10-15 year plays though, especially if wrapped in a tax jobbie like an ISA or SIPP.

[rambutan2] 21/3/2005 16:27

ian rushbrook just too bearish for me. as the likes of rcp and btem have shown, its possible to take a protective attitude whilst still racking up the returns. he perhaps should have put some of his undoubted brainpower to share picking rather than doomsaying. that sounds a bit harsh, but its what i think.

[damanko] 21/3/2005 16:15

Probably because it has "Scottish" in the name..............!

[davidbh] 10/3/2005 21:23

Thanks Damanko for that.
Try BTEM -up 44% in 12 months.
But anyone know why Scottish Oriental It is only up 14% in as many months?

[damanko] 09/3/2005 13:54

What an excellent thread...... only just discovered it. RCP is a quality stock, an innovator in an old fashioned sector. Everyone (rightly) will have their favourites, I hold (and add to each month) RCP and Collective Assets within a SIPP. CA has a large holding in Personal Assets Trust, both these trusts are heavily influenced by Ian Rushbrook, a very funny & clever character. Anyone who has read one of Rushbrook's quarterly newsletters to shareholders will know what I mean.

My personal favourite is Pantheon (PIN), which I've bought on and off since the 80's, when it was GT Venture Inv. Trust. It is probably the largest (and oldest) "fund of funds" quoted on the LSE. Another top drawer, long term stock.
Keep up the good work chaps, there is a vast amount of undervalued equity in the investment trust sector, long may it continue. Even Witan starting to look interesting, given a large chunk of its one billion plus portfolio to fund managers in various (relevant) parts of the world, instead of the dreary old "keep it all in-house" attitude that still prevails. I reckon we will see most of the large, generalist trusts going down this route. They can't even merge -- sensibly -- as when you compare portfolios most of them are holding the same investments anyway.

[stillbroke] 03/2/2005 17:40

JMF still on a 16% discount with debt at fair value - convinced myself and bought some yesterday - discount should narrow if bull mkt continues - DYOR.

[stillbroke] 01/2/2005 17:48

Take a look at JMF - JPMF Mid cap - on decent discount at the mo, and good historical performance.