Rit Capital Partners Share Discussion Threads

[kiwi2007] 03/3/2021 01:29

StrollingM... Whoops...thanks...

[essentialinvestor] 03/3/2021 00:38

With respect, do you understand the mandate?.

Value is created for shareholders primarily by increases in NAV.

RIT grew NAV by 18% in 2020,
highly credible performance given the backdrop.

[a1samu] 02/3/2021 19:51

Their capital preservation fixation blinds them to realities, one of which is to take care of shareholders. All they seem to achieve is to create a bigger and bigger pot from £280M to over £3.5B.When will this pot creation stop and some of the wealth returned to long suffering shareholders?

[strollingmolby] 02/3/2021 11:24

kiwi - it is the other way around, RIT holds 9.9% of the Baker Steel Resources Trust (BSRT).

[panshanger1] 02/3/2021 10:44

Would hope the discount will now start to close Great diversification GLA

[kiwi2007] 02/3/2021 10:12

I'm holding fire until I see what the rather mysterious Baker Steel continue to do. Dumped rather a lot already but still own 9%.

[essentialinvestor] 02/3/2021 08:08

Good to see that selective backs will be selectively used.

[this_is_me] 02/3/2021 07:33

Confirmation that everything is going well except the share price. Although the opportunity to buy back shares below NAV is useful.

[essentialinvestor] 23/2/2021 11:50

Back in this AM.

[essentialinvestor] 19/2/2021 09:51

If wider markets hold, looking for over £22 a share on results.

FY usually around first week in March, looking to get back in before results.

[panshanger1] 05/2/2021 17:06

Approaching ATH too

[panshanger1] 05/2/2021 17:05

Nice finish too Could have further to run imo Certainly up to NAV I would have thought Knew I should have topped up more in the dark days !!GLA

[essentialinvestor] 05/2/2021 08:48

On the rise as expected. Absolutely quality.


HL and Morningstar have also updated the latest NAV.

[essentialinvestor] 04/2/2021 14:46

RIT traded at over £21.70 in November 2019,

and current NAV is now 14% higher.

The are overweight technology and China, so end of Jan NAV upwards of £23
would hope.

[essentialinvestor] 04/2/2021 09:22

An understatement there elm !.

Performance is back.

And expect the NAV discount to narrow because of this.

[elmfield] 04/2/2021 09:15

Yes, good end of year.

[this_is_me] 04/2/2021 08:39

Good news and a satisfying early morning jump in the share price.

[essentialinvestor] 04/2/2021 08:09

End of January NAV over £23 would expect.


Overweight technology, domestic China and the private equity book performing driving NAV ?.


RCP selling at a 5% plus NAV premium in late 2019.

[hobs] 04/2/2021 07:55

Even better - NAV came in at 2292. Should be a big jump in share price today.

Edit - just got in before me EssentialInvestor.!

[essentialinvestor] 04/2/2021 07:53

End of year NAV at £2292.

Very impressive performance.

[essentialinvestor] 29/1/2021 15:21

Some support in advance of the NAV update.
Recommended RIT to my Dad this morning.

[essentialinvestor] 28/1/2021 17:07

End of December NAV should be announced within the next week,

this will also have the end of year valuation on the RIT private equity book.

My own expectation is for a NAV figure near £22 a share.

[essentialinvestor] 28/1/2021 11:27

Main holdings:


Look unaffected on a quick glance.


Their private equity book be not be included in the above.

[kiwi2007] 28/1/2021 08:49

Some of the hedge and absolute return and credit funds that RIT have money in may well have been affected by the 'GameStop' type actions by retail 'gamblers'.