Rit Capital Partners Plc

0.00 (0.0%)
Share Name Share Symbol Market Type Share ISIN Share Description
Rit Capital Partners Plc LSE:RCP London Ordinary Share GB0007366395 ORD �1
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 1,856.00 9,096 08:03:07
Bid Price Offer Price High Price Low Price Open Price
1,850.00 1,862.00 1,856.00 1,856.00 1,856.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Investment Offices -533.60 -577.20 - - 2,835.58
Last Trade Time Trade Type Trade Size Trade Price Currency
08:03:31 O 12 1,858.874 GBX

Rit Capital Partners (RCP) Latest News (1)

Rit Capital Partners (RCP) Discussions and Chat

Rit Capital Partners Forums and Chat

Date Time Title Posts
24/5/202316:37Timing is all.447
15/4/201420:58RIT Capital - undiscovered Gem ?164

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Rit Capital Partners (RCP) Most Recent Trades

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Rit Capital Partners (RCP) Top Chat Posts

Top Posts
Posted at 23/5/2023 19:25 by f56
RCP now 31% off peak value; would have Rothschild turning in his grave.
Posted at 06/4/2023 12:37 by 1nf3rn0
I like CLDN too, and it has tended to track quite closely to RCP over the last decade. CLDN has historically traded around a 20 to 25% discount, so whilst it has widened, RCP has underperformed by some way over the last 6 months.
Posted at 28/3/2023 16:41 by riverman77
The other way of looking at it is that some of the PE funds are on 50% discounts (eg Havrbourvest, Pantheon, etc) . If you apply the same discount to RCP's 40% private exposure, and perhaps a 10% discount to the rest (roughly in line with the average discount on equity investment trusts) then the discount probably isn't far out of line with the rest of the IT market. And remember something like CLDN is on an even bigger discount, but with a better portfolio in my view. So wouldn't automatically assume RCP is a huge bargain compared to what else is out there.
Posted at 22/3/2023 10:03 by kiwi2007
Too many snouts in the trough before the return gets to shareholders these days. And also look at the real return... were they to have paid a reasonable dividend of say 3.5% over the last 5 years the share price wouldn't be anywhere near it is even today.
Posted at 15/3/2023 16:39 by f56
OK I agree with you. But March 2000 RCPs unquoted portfolio was approx 17%. As far as I know it was fully directly invested. So RCP knew exactly what they were invested in. In addition they walked through the dot com bubble as if it hadn’t happened. I assume they had no risky exposure to internet stocks.
Posted at 14/3/2023 10:43 by bottomfisher
Over the last twelve months the NAV has fallen by 10% whilst the share price is down by almost 30%. The discount has widened from 1.5% to 22.9% over the last year. Clearly, the trust’s heavy weighting in private equity has soured enthusiasm for this trust and one has to look back to the early 1990s to find a time when the discount was so wide. (It ended 1992 at a 39.4% discount). However, last week’s announcement that Philippe Costeletos, the senior independent non-exec, invested £418,00 to pick up another 20,860 shares at £20.05, together with earlier buying by some of the non-execs gives me some modest reassurance to stick with what is supposed to be a ‘wealth preservation’ trust.
Posted at 08/3/2023 17:15 by f56
From a share price perspective I mean!
Posted at 21/2/2023 14:48 by essentialinvestor
17% is incorrect for RIT, as least based on yesterday's closing price. Tbf its dynamic rather than fixed given share price and NAV changes so not a criticism of HL.
Posted at 20/2/2023 17:28 by mancman1
Some figures for discounts on investment trusts that I know that have substantial private equity holdings:

APEO -36.77% RCP - 17% SMT - 14.67% TFGS -67.13 ICGT -38.68.

Figures are from Hargreaves Lansdown's closing prices. SMT and RCP of course have less
exposure than the others, but the market is naturally very cautious about it.

Posted at 20/2/2023 07:57 by jimbox1
Everyone seems to have it in for RCP at the moment. Friday's closing share price is a discount of 32% to the Jan 31st net asset value, published today.
Rit Capital Partners share price data is direct from the London Stock Exchange
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