Share Name Share Symbol Market Type Share ISIN Share Description
River Merc Red LSE:RMMC London Ordinary Share GG00BZ3GBN95 RED ORD NPV
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 191.00p 187.00p 195.00p 191.00p 191.00p 191.00p 18,946 06:39:32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 9.9 14.7 13.0 114.21

River Merc Red Share Discussion Threads

Showing 26 to 48 of 50 messages
Chat Pages: 2  1
DateSubjectAuthorDiscuss
10/8/2017
15:55
I sold half of mine yesterday, needed the funds for a house purchase but felt the premium to NAV was getting a little rich. The rest are likely to be held for many years.
mad foetus
23/6/2017
12:34
One worry is that Philip gets bored and wants to seek pastures new and leaves. I hope they are paying him well, so that he will stay for some years, to repeat his previous successes. Philip Rodrigs Philip began his career in asset management in 2002 at Invesco Asset Management as a Graduate Trainee Fund Manager, later specialising as a Pan-European Equity Analyst in the transport sector. After leaving Invesco Asset Management in 2003, he joined T Rowe Price International Asset Management as a Generalist Pan-European Associate Analyst with primary responsibility for covering all sectors across Europe and directly supporting the head of the six-person strong “International Small & Mid Cap Investment Team”. Philip joined Investec Asset Management (“InvestecR21;) in 2005 as a Specialist Multi‑Sector Analyst. Following the departure of Dan Hanbury from Investec to co-found the Portfolio Manager, Philip was appointed the investment manager of the Investec UK Smaller Companies Fund. From an initial position of approximately £100 million, the Fund grew to a peak of nearly £650 million at the point of Philip’s resignation from Investec. In addition, whilst at Investec, Philip was appointed manager of the Investec UK Alpha Fund (from April 2012) and co-manager of the Investec UK Blue Chip Fund (from November 2013), which collectively reached £200 million by the time of Philip’s resignation. Philip has been consistently highly rated by Citywire throughout his career and received many awards for his performance, culminating with the award of the title of Investment Week Fund Manager of the Year in both 2010 and 2011 for his consistent, class-leading risk adjusted returns with the Investec UK Smaller Companies Fund. In 2012, he was also awarded the cross-market Outstanding Rising Talent Award by Morningstar OBSR.
a1samu
14/6/2017
10:42
Thanks ArfDoes anyone know what they do with the holdings represented by the shares they have just cancelled? Have they sold 12.7% of the underlying to redeem shareholders or what? I wonder if it might explain in part why TAP rose quickly yesterday?
mad foetus
26/5/2017
13:27
mad foetus, FTSE mid 250, i.e. the 250 companies below the FTSE 100: symbol MIDD, an ETF run by iShares, so you can buy this just like any share http://uk.advfn.com/cmn/fbb/thread.php3?id=29245075 UK small companies on the main market: symbol CUKS, another ETF run by iShares, so you can buy this just like any share http://uk.advfn.com/cmn/fbb/thread.php3?id=41126551
arf dysg
25/5/2017
14:33
I wish they would set up another fund for smaller cos (but bigger than micros) and allow us to convert shares into that.
mad foetus
25/5/2017
10:45
and there is the partial redemption - wish they would just keep the money.
nimbo1
19/5/2017
09:55
Hi henry that is interesting. Which funds did you use? In the smaller company space I use investment trusts and then hold individual positions where the investment trusts already own the stocks (dd) and I particularly like the story. RMMC really does offer something different in the investment trust space.
nimbo1
10/5/2017
10:04
Arf Dysg...that would certainly have worked well over the past 12 months. The average return if you invested equal weighted is 87% excluding dividends. I better do some back testing.
henryatkin
08/5/2017
16:14
This looks like a nice little trust. Great performance in the last 6 months. henryatkin, could you use the same approach with any index? Top 10 stocks on AIM might be worth a punt.
arf dysg
08/5/2017
10:53
nimbo1... I did a study on buying the top ten stocks of three random small cap funds (30 positions equal weighted) and on each trial they outperformed the actual funds over twelve months. Costs are a lot higher though.
henryatkin
02/5/2017
09:52
on the returning capital front i don't want the trust to start returning capital to shareholders - with their track record of being in great stocks early they can keep it all as far as I am concerned.
nimbo1
02/5/2017
09:51
Nice one. I got in after easter in the late 140's. Annoyed i did not see it earlier but better late than never. I have also taken some direct positions in the trusts holdings like blue prism and taptica. Maxcyte looks v interesting too.
nimbo1
02/5/2017
09:06
I think this board is proof that the best investments often attract the quietest investors! Stunning performance here, I have been accumulating for over a year now.
mad foetus
19/1/2017
10:20
Agreed MD.
deltrotter
19/1/2017
09:57
Fair enough del. until the next quarter then!More seriously, it will be interesting to see how the company decides to return capital to shareholders in order to keep market cap below the optimum amount. That could lead to a narrowing of discount as people seek to reinvest. These should trade at NAV or a slight premium IMO once a track record has been established, as the number of shares will reduce over time as the share price rises.
mad foetus
18/1/2017
10:29
I am in, just nowt to say. A massively longterm hold for me from here. Just sit and let it do its job.
deltrotter
17/1/2017
15:05
The last time they reported Taptica were the largest holding. It is up sharply today. I really think the management team here are top drawer.
mad foetus
13/1/2017
13:04
Fantastic performance recently. I know most things have done well, but with a 10% discount here this one is a real long term hold.
mad foetus
17/11/2016
10:44
Ah, thats why it is up. Well, I don't much care really. This is a fantastic little trust and a core holding for me. R&M are real experts in the small company area and I believe the evidence shows that micro-caps in general do better, with less volatility, than larger companies. I'm hoping to hold for a long, long time.
mad foetus
17/11/2016
10:42
Tipped by Questor in the Telegraph thus narrowing the discount. will wait to see the fallout.
bscuit
18/10/2016
21:57
Looked at the quarterly fact sheet. Crux is, this year the share price is down over 3% and the NAV is up 7.5%. Also, most of the fund is exposed to international companies with a real focus on big data. With the R&M track record, this looks a great buy and hold to me, and the current discount makes it an ideal time to accumulate.
mad foetus
28/7/2015
07:31
2015 Q2 Fact Sheet top ten holdings: Ideagen 4.6% KBC Advanced Technologies 4.5% ClearStar 4.0% NAHL Group 3.9% WYG 3.8% Epistem Holdings 3.4% dotDigital Group 3.4% Finsbury Food Group 3.4% Quixant 3.1% Bonmarche Holdings 3.0%
henryatkin
22/7/2015
14:21
Top ten holdings from Q1 2015 Fact Sheet: KBC Advanced Technologies 4.4 % Nationwide Accident Repair 4.2% ClearStar 4.1% Ideagen 4.0% Blur Group 3.8% ScS Group 3.5% Entu UK 3.5% Finsbury Food Group 3.5% NAHL Group 3.4% WYG 3.3%
henryatkin
Chat Pages: 2  1
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