Rit Capital Partners Share Discussion Threads

[haydock] 05/12/2008 08:48

However, this fund is trading at a deep discount, instead of the usual premium.
It is not the norm, for RIT.
No predictions, dyor.

[elmfield] 05/12/2008 08:25

the problem is we don't have an up to date value of the hedge funds, I would be happier if we had that!

[elmfield] 02/12/2008 08:05

I suppose this is a not a bear market stock, however they could fall to far, not rushing in yet but watching, trouble is what do you do with your sterling as it devalues?

[washbrook] 16/11/2008 16:58

Owen 999 I don't use that post anymore
Thought I would update the 1991 portfolio.

[elmfield] 16/11/2008 16:47

very nice, but happy to take a huge profit and go elsewhere,
everything has its day. sure these will do OK, BUT other fish look a better bet just now. dyor.

[washbrook] 16/11/2008 16:25

I have been monitoring this since 1991.





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Also CTY

[elmfield] 29/10/2008 18:24

no not going into see the man from the pru yet, I did not really like what these did today, sold the rest this morning, reckon I can find better stuff to sit in. good luck all I will still be looking in.

[elmfield] 29/10/2008 08:00

yes, I have themon the list as a possible buy, will take a closer look when time, keep in touch here.

[damanko] 29/10/2008 07:53

Cheers. Interesting times, as the Chinese say - and we're all living in them. I bought RIT in 2003/4, after all this madness it is still showing a healthy gain of a little more than double. Though I have recently switched out of Severfield Rowen, and into the Prudential, which seems, like so many other companies listed in London (and elsewhere) - to have been massively oversold.

Since the CEO & most of the board were turfed out in 2003, they appear to have erred on the side of caution, which I hope will be recognised in due course. Eg their exposure to equities is a lot less than before, and (as far as I know) the Pru hasn't gone a bundle on this junk, "mortgage" backed paper flying around the world. Good job, as it appears to be worthless.

Though we could be accused of being crazy, buying anything, anywhere, in these volatile times.

[elmfield] 28/10/2008 22:18

hope you are right but I spent the evening going through the last report and doing a bit of research intoholdings etc, better value buying some of the big 30 share index and take the yield, RIT has been an amazing hold over the last twenty years back from the bank they evolved from but taking some of that money and buying a few vodafone etc makes sense to me. instinct has served me well, sold all my banks last june, bought gold when no one wanted it, yep I will follow my gut feeling and each must decide for themself. There is just some thing here I am not one hundred percent happy with BUT they will do fine over a longer term view and prob be good and blue tomorrow! as ever DYOR.

[damanko] 28/10/2008 21:29

elmfield, good luck to you.

I know from this thread that you have been a backer of this share for some time. Though I love Owen's post, a long time ago - in that he invested in 1991, left it there, and just got on with life.

Though I reckon your 25% left in RIT Capital will look pretty healthy one, two & three years on. The way the market has gone in the past year - as opposed to RIT, could actually see it entering the FOOTSIE 100, if I'm not mistaken. It will then be on the radar of Unit Trust trackers, ditto Investment Trusts and ETF's.

[elmfield] 28/10/2008 16:37

well sold 75%,probably wrong, but better to be safe than sorry,always buy back in a month or so, lets see how these hedge funds finish up and if the exposure here causes problems, if any, if one only knew the recent asset value etc but I am not taking any chances.

[elmfield] 28/10/2008 14:51

I am selling half, don't like the way these have moved over last week or so, plenty of losses to put against the profits here.

[haddy] 19/9/2008 17:59

Totally agree elmfield. Been in these for years and add at regular intervals. Brilliant diversification.

[elmfield] 19/9/2008 14:12

what a gold plated place to have some money,
that is all I can say about this.

[roughjustice] 12/9/2008 23:56

Tipped on - 12th Edition

[damanko] 10/8/2008 22:32

From The Sunday Times, today (10/08/2008):

"The e-mail security firm MessageLabs, which scans 3 billion messages a day for spam and computer viruses, broke into the black last year and has appointed investment banks to consider a flotation.

Founded nine years ago by two Gloucestershire brothers, Ben and Jos White, the company could be valued at up to £400m.

In the year to June, the unaudited numbers at MessageLabs show it swung to a £5.5m operating profit from a £5m operating loss last time. Sales rose 22% to £72.5m.

The Whites, together with partner Rory Sweet and existing management, still own more than 50% of the company. They stepped back from day-to-day management two years ago when Adrian Chamberlain, a former director at Cable & Wireless, became chief executive.

The remainder of the company is in the hands of RIT Capital Partners, the families of Lords Rothschild and Wein-stock, as well as US backer Catalyst Investors."

[haydock] 09/7/2008 11:03

"Now is the winter of our discontent made gloroius summer by this RIT "
Or at least thats what it says on the label.

[haddy] 17/6/2008 16:36

A good decision in these volatile times imho. Been in now for 10+ years and have to say, they have been brilliant compared to many of my individual stock picks.

[baht] 17/6/2008 16:29

Just dipped a toe in the water with 939 of these.

[honiton] 29/5/2008 17:08

There you have it. Stonking results, what a quality outfit.

[haydock] 03/3/2008 09:21

Very refined & advanced set of thoughts, you may well be right.
However the spread is so wide & a down is counterbalenced by an up.
In this climate steady as she goes, the ship is made for these waters.

[trickie] 02/3/2008 23:19

Have been in RCP since 1995 and am a great fan. The current rise in price to new records I assume is on the basis of the sale of Getty Images - I worry though that the real estate component (Spencer House) is due a downward revaluation and that the "alternative" (ie hedge and PE fund) component lacks transparency and could be exposed to all sorts of credit quality related issues. Any thoughts?

[elmfield] 12/2/2008 13:22

credit crunch or not, rcp make money for the long term holder, What a star that shines bright even against other stars.

[haydock] 12/2/2008 12:04

The chart to a layman looks very favourable,about to test the highs?