Rit Capital Partners Share Discussion Threads

[pugugly] 22/10/2023 09:15

Going down the drain? 25% discount.

[chc15] 20/10/2023 12:06

Am tempted here too, have been buying Caledonia last few days instead.

[essentialinvestor] 18/10/2023 16:16

Back in today, it's always worked in the past buying under £18, but no guarantees as always.

[ch1ck] 21/9/2023 07:07

For me we are not in an up trend till we are at 2000

[mancman1] 15/9/2023 09:06

A bit of strength in the share price now.

More info than usual alongside the monthly NAV statement today explaining how well RCP's approach has helped it in the market down turn. The current NAV is probably above that of 31st August.

I suspect that the discount will begin to narrow.

[makinbuks] 02/8/2023 15:02

And here is the managers view of the currency position ahead:

‘Given the outlook for the US and the UK economies, we continue to believe that sterling’s recent strength could leave it vulnerable,’ said managers Francesco Goedhuis and Ron Tabbouche.

Lets hope they're right this time

[makinbuks] 01/8/2023 10:02

Kiwi2007, your post 455 on currency headwind was spot on. Shame they didn't come to you for a bit of advice

[mancman1] 30/7/2023 10:46

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.

[ianst12345] 30/7/2023 10:26

https://citywire.com/wealth-manager/news/fidelity-platform-suspends-rothschild-backed-rit-capital/a2422744

[kiwi2007] 26/6/2023 23:57

Free to read:

[strollingmolby] 26/6/2023 17:56

Numis: ‘Buy’ RIT Capital for its top five ‘IPO-ready’ companies

Numis Securities, broker to RIT Capital Partners, says shares in the Rothschild-backed investment trust are oversold on a 24% discount. A flotation of one of its private equity holdings could spark a re-rating.

[kiwi2007] 23/6/2023 11:57

"Within currencies, the exposure required careful
management through the volatility, and overall the book
made a meaningful positive contribution. The main
driver was holding around half of the portfolio outside a
depreciating sterling."

That was last years results but since that time sterling has appreciated v the US$ - so a bit of a headwind I'd have thought.

Chartwise it's hitting some sort of support level going back to March-Sept 2020.

[mancman1] 23/6/2023 11:07

Yes less than 10% UK exposure but 56% sterling exposure and 24% dollar exposure. I am not sure what that means.

I guess though that most of its shareholders are UK based.

It has seemed to me to be a buy at anything below 2000, but clearly my judgement is far from perfect.

[hsfinch] 23/6/2023 10:58

Down from 2400. But less than 10% exposure to UK. Moving to buy territory in the 1700s?

[mancman1] 23/6/2023 10:51

Pretty well the whole UK market is being trashed.
This morning I looked at a chart comparing the FTSE with the DAX over the past 6 months. I don't usually follow indexes. It was quite a shock.

[hsfinch] 23/6/2023 10:25

Theyre still singing the Quo hit on here.

[essentialinvestor] 05/6/2023 18:31

Album version, it's a tune! - Down Down

[hsfinch] 30/5/2023 09:24

Theyre singing the old Status Quo song on here. Down down deeper n down.

[hsfinch] 24/5/2023 16:37

I want to buy this but somethings not right. Truth is if US politicians don't get their act together and / or if US proxy wars take off big, stocks are gonna get hammered.

[f56] 23/5/2023 19:31

Price still volatile.

[f56] 23/5/2023 19:25

RCP now 31% off peak value; would have Rothschild turning in his grave.

[olliemagern] 26/4/2023 22:47

AGM update
RIT Capital have the authority to repurchase up to 14.99 per cent. of the Company's issued shares this year.

[rambutan2] 19/4/2023 15:59

Yes, very good of them to deign to tell us plebs what they are up to!