Rit Capital Partners Share Discussion Threads

[davidbh] 17/8/2007 20:55

Just put a straight-edge on that upward chart.
And relax.

[elmfield] 09/8/2007 23:31

So clever this lot, glad to have a core holding.

[honiton] 09/8/2007 21:13

ah the joy of a hedge fund.

makes money even when the market is down.

[honiton] 28/5/2007 16:29

difficult to estimate underlying value due to hedge fund holdings!!

[westcountryboy] 27/5/2007 22:45

Perhaps something specific to RCP has happened. But more likely it's a general return to favour of trusts like this. It's very interesting (and a bit sobering) if you compare the RCP chart with the British Empire Investment Trust over the last 5 years: they are almost identical!

[davidbh] 27/5/2007 21:43

What happened ?
Something came good ..but what?
This is a mystery trapped in a maze wrapped in a mist (as they say).
But, after a period of caution, it's moving.
Maybe..?a hedge fund investment has powered this increase?

[honiton] 17/5/2007 06:21

what happened??

[itmak] 27/4/2007 13:46

keep buying on weakness - strong long term buy!! IMHO

[itmak] 27/4/2007 13:46

keep buying on weakness - strong long term buy!! IMHO

[davidbh] 21/11/2006 23:00

Also been ikn for long time.
BUT .. the investment strategy has changed. There is now greater volatility since RCP bought into hedge funds.
My broker advises caution unless UR a long term buyer.

[itmak] 20/10/2006 13:44

great share to have a monthly saving scheme in

[elmfield] 18/10/2006 13:55

Hold and forget about.

[flateric] 18/10/2006 13:38

Toppeed out again...? A short-term fall back on to 50-day MA maybe?

[huttonr] 18/5/2006 10:32

Well - with the current market turmoil and a major drop in RCP - has it been overdone? and may be this is a good time to buy in?

[damanko] 11/5/2006 19:22

Well, I'm a backer and a holder, though long term only. Two years down the road, no complaints. Strategic Equity Capital (SEC, see thread) may interest a few of you, it floated last year. Remember most of these PEIT's floated once upon a time at a pound, the ones we talk about are pretty mature now, and the share prices reflects that. If you see the partners/backers of SEC on their website, as long as the rails don't come off this whole sector - I reckon should prove a good long term prospect.

[georgedent] 11/5/2006 12:20

Right on brothers - RIT - rest in t'peace of RCP.

[itmak] 21/4/2006 14:11

Been in these shares since 1995 - this together with british empire fund , must be 2 of the best run funds in Europe

long may it continue!!!

[hazelton] 11/3/2006 12:17

I was interested in RCP originally because while searching I observed that they were one of a small band of ITs that made more money over the last 5 years than the last 3 years (it was rare last year). I too heard about the Rothschild connection & one starts to see why it could be a good store of value. Unlike many of this select band it is traded aggressivly and so could become unrealistically priced due to exuberance. (Opposite to others that may be unrealistically priced due to being held tightly by investors !) I am hoping to hop on when it descends a bit more. I sense that there are going to be some good propositions in the next few months as many ITs seem to be off their highs.

Estimating the NAV of ITs with small 'unquoted' is probably difficult , I often wonder how accurate it is in practice.

[damanko] 11/3/2006 06:38

There is usually more to these private equity IT's than merely the share price & volume turnover. As a guide I don't invest without either downloading the latest report if possible, or at least having a hard copy sent. The main things for me are the quality of the underlying investments, and the list of major shareholders. RCP is slightly different to the rest of the bunch, in that it was set up by and for the Rothschild family, is largely controlled by the family, and is effectively their "private pension fund". Also the reported NAV (which they only really publish because they have to) seldom reflects what the better trusts actually own, as valuation is difficult to quantify, until they actually realise the investment. Through float/placing, trade buyout, whatever. You make a fair point though, on paper several look expensive. Pantheon suffered quite a drop last week, but is probably still up more than 50% over 12 months.

[hazelton] 10/3/2006 23:43

Private equity - seems to be tipped as the place to be however I would not like to pay too much for the priviledge. When everybody wants to be there who else is going to force up prices ?

HG capital seems to have tracked the progress of RCP , perhaps a bit more volatile at around 2000-2002. Currently seems to be at a 13% premium making RCPs current premium of 2% seem inexpensive !. Why is it inviting ?

[georgedent] 07/3/2006 16:39

[deleted message]

[damanko] 06/3/2006 06:14

I think, unless the city boys know something we don't (which, let's face it - is normally the case...) - it has been overbought, and perhaps volume has driven it up. I bought it last year as part of a SIPP through Alliance, so got in at around the £7 mark - minus 22% tax jobbie, so I'm quite happy, overall. Ie bought at less than six pounds. I was looking at the Alliance trusts site a few weeks ago (www.alliancetrusts.com) - they have tables of the most popular investments chosen by people over the last few months, years etc. I was a little surprised to see RCP was tops in most of the tables. So, in a retail sense - there is the volume driver. Imagine the thousands of people with ISA's, SIPP's & monthly savings plans - piling into RCP on a monthly basis, year in, year out. Not to mention all the other execution only outfits like Alliance. My current pick is HG Capital, which seems less popular, hence not rated so highly. Am definitely keen on this SEC though. I wonder if there is a danger of the IT private equity sector (as opposed to VCT's) - doing a Technology 2000 though? Definitely longer term. We'll see.

[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 ?