Rpc Share Discussion Threads

[beckers2008] 14/8/2018 21:56

Portsea asset management have increased their short position on 10th August to 0.84% increasing the total short position to 9.16% of the stock.

[beckers2008] 14/8/2018 21:48

M,

Not the increased short and reduced holding...... LOL!

[mauricemonkey] 14/8/2018 19:14

Lol at Beckers spreading more false info.
You’re not very good at this are you chap?

[monions01] 14/8/2018 09:58

RPC went X-Div last Thursday (9th), hence the ~20p drop on that day. XD day is not this Thursday.

[beckers2008] 14/8/2018 09:49

Goldman Sachs have reduced their stake by 0.74% in two RNS's on the 8th & 9th August.

OLD MUTUAL GLOBAL INVESTORS (UK) LTD have increased their short position to 0.80% on the 10th August. Total short position now increased to 9.02%

RPC goes XD on Thursday.

[steverabet] 12/8/2018 22:51

plastic is here to stay - for the foreseeable future. the trick is how to make it better - biodegradeable etc. and RPC don't appear to have been standing still. i am in mondi as a hedge, though...

[jeffian] 09/8/2018 14:47

I don't know about spending time "researching" you. In rather less time than it took you to write that post, a simple click on your name instantly shows that you have only ever made 4 posts on companies other than RPC, which shows more than a passing interest! I only picked up your comment because you said you preferred "safe" stocks to RPC, "safe" subsequently being defined by you as "Those that yield around 5% with adequate cover". RPC has a record of unbroken dividend growth over 25 years, with dividends nearly doubling in the past 5 years alone; its dividend cover is 2.6x 'adjusted' eps but still 2.2x eps if you use the statutory figure; its current yield is almost 4% (much higher on my average cost) and it is on a PE ratio of just over 10 which is much lower than the market average or its peer group. On the face of it, it seems to fit your definition rather well!

Thanks for your additional comments above. I share some of your holdings and for the same reason. But, as bouleversee said, no stock is safe really. There has been widespread discussion of GSK cutting its div and RDSB is maintaining payouts as much by selling assets as earnings. RPC is under the cosh for 2 reasons - the Northern Trust accounting scare and the Blue Planet plastics furore - both of which will pass IMHO but which provide ripe pickings for shorters in the meantime.

[beckers2008] 09/8/2018 09:51

J,

Ah,bless you,so nice you have spent time researching me. To be honest I only comment on stocks that I am nervous about or feel compelled to.

Using the term 'safe'I mean large Co's but of course you can lose with these but you can get out quick if the tide turns.

The shorters attack on QPP was IMO illegal, but I did use it to my advantage and doubled my holding when RT announced he sold shares and the share price blipped to 24p! I will hold as II's have recently built large positions and SGH haven't a hope in hell. I hope!!

In the last few years I have been in and now out of PSN,CRST,WPP,BKG.Picking up some juicy divi's, except WPP of course.

LTH - CPG,PRU,CCL,RDSB,GSK,NG.Recently added NG.and GSK.

Good Luck.

My apologies to everyone for going off topic.

[bouleversee] 08/8/2018 20:48

Nothing is safe.

[jeffian] 08/8/2018 19:52

Well I can't "research" the shares you claim are "safe" without knowing what they are!

I note that the only shares you've posted about on ADVFN other than RPC seem to be NG. and Quindell. Quindell seems to have gone bust spectacularly after an accounting scandal and Ng. have underperformed RPC by a significant margin, so you can't be referring to these, surely? I like a bit of yield myself - I live off my investments in retirement - but there aren't many 5%-ers these days. I bought HSBC on a good yield when it went below £5, but it's gone up well, so sub-5% now and banks aren't everyone's idea of "safe"! The brewers (MARS, GNK) yield well but that's because their share price has crashed! Anyway, as you said it, I just thought you could give us an example?

[jeffian] 08/8/2018 18:13

"Those that yield around 5% with adequate cover."

e.g.?

[beckers2008] 08/8/2018 18:11

J,
Those that yield around 5% with adequate cover.
If you have read one of my posts I bought RPC before the shorters.
Good luck

[jeffian] 08/8/2018 17:57

Yes, I was thinking the same thing re "safe" ("I have been investing for a few decades now and prefer safer stocks"). I've been investing for nearly 5 of 'em now (decades) and RPC is currently my second largest holding! So what are these "safe" stocks?

[dr_smith] 08/8/2018 16:16

Beckers2008.
Yes, I agree on need for legislation.

On "safe".
I invested money for my Sister with a more cautious attitude than even my own low-risk strategy. SBRY was one of my "safer" stocks and lost on that one.

I have been watching documentary on time travel, if I can crack that and get tomorrows prices today...

Dave
P.S. I'm not on another planet - just a different parralel universe ;-)

[beckers2008] 08/8/2018 15:40

Hi Dave,

I take your point and know where your coming from.
I have been investing for a few decades now and prefer safer stocks as if it all goes pear shaped I do not have many decades to recoup losses!
I do take an interest in stocks that are being shorted and some are hit particularly hard if it is a corindinated attack using media platforms in conjunction with trading technics,nasty business and government needs to legislate.

Good luck with your investments.

Beckers

[dr_smith] 08/8/2018 15:23

Beckers2008:
If you avoid shorted stock, you are likely avoiding any stock going places, which implicitly means it will be volatile and open to manipulation.

Any stock can be open to attack at any time, and responding to attacks, without GOOD underlying reason (as opposed to nefarious nitpick by shorters) is playing into their hands.
I think I read on a recent post (was it you?) that you have hands on experience in this sector.
Any co has cons and pro's and how you weight those elements is usually decisive for enduring opinion of prospects. If you have hands on experience, with a natural affinity to see what's going on and recognise smoke screens, you are in a favourable position.
When I started investing on a larger scale (in my world) I also put money into oil and gold stocks, as you are supposed to, for a rounded, resilient portfolio.

I lost on these, as I lack that natural affinity and/or they are influenced by geo-politics rather than straight supply and demand, so, learnt from that and learnt to knowingly break rules....so if you recognise winners and have the connection to understand the market, then "don't let the b*stards grind you down".

Dave ;-)

[beckers2008] 08/8/2018 12:00

DR_SMITH,

Thank you for an informative post, I agree with all you have said, especially how shorters work and how they get away with it, is beyond me??
It has been known for hedge funds to take a short position and set up an address in the Cayman Islands so the profit from a LSE listed company short in non-taxable!!!!

OIn my experience and research if I buy a share, I always check if there is a short position, in RPC's case there were none when I purchased.
I am however very nervous about holding.

[dr_smith] 08/8/2018 10:41

Beckers 2008.
I cannot answer direct but perhaps can give some context.
I am LTH in IQE, a company currently expanding in Technology on many fronts with rosey looking future sales and have long been victim to shorters, I believe they are currently shorted of order 9 to 11%.
Some shorters have put out reports on IQE in past, trying to pick fault with accounts and undermine investor confidence, since disputed by company and seen by most PI's as nefarious action on behalf of shorter.
They seem to work by seeding doubt in mind of investors and whether the "reason" is true or false, doesn't really matter to them.

It seems that as they are the shorters own thoughts and actions and seemingly get away with it. Shares with volatility seem to be easier targets.
We all seem to know how shorters work in principal, but as to how they buy back all their shorted stock, and coming out with a net gain, I have not seen a workable explanation and fear they have a loophole to exploit.
Today I read of Musk and his wish to de-list Tesla because of shorters.
None of us PI's have means to take on shorters through courts and gov regulators already over-stretched..but if Musk with his millions can't quell the static noise from shorters, then it doesn't leave much hope for the rest of us.
Legality of shorting be it US, UK or other country is another big topic, and whether we are wirnessing legal or illegal shorting is another.
I don't have any info on RPC other than what most PI's have.
For myself, I do my own research and if being shorted, I take view they are helping my purchase, and my belief is that shorting should self-cancel, or be to my advantage of the medium to long term.
IMO :-)

[shauney2] 08/8/2018 10:24

Which authority was it Beckers?

[beckers2008] 08/8/2018 09:40

M,

I have and never will implicate that the Shorters have inside information, please DYOR before you accuse me of spreading false information, a company goes bust because it is not managed correctly, not because it is shorted.

I am asking a question for discussion, do the 11 fund managers currently shorting this stock believe something is untoward with RPC? that is all.
Why would they short the company if they believe everything is rosy?
They make money if the share price goes down and buy back the stock at a lower price than what they sold it for, right?
This is a discussion board, right?

For Everyone's Info;

PSquared Asset Management AG notified the market on the 6th August that they have increased their short position to 1.91% of the stock making the total short position of 11 fund managers equating to 8.94% of the stock.

[mauricemonkey] 07/8/2018 18:33

I was talking about the shorters not the company. You’re asking if the shorters are trading on inside info. I’d proceed carefully Beckers.
Especially as you have proved untrustworthy and have spread false information on this thread about what happens if a shorted company goes bust.

[cashcow5] 07/8/2018 17:19

a couple of months ago, the accounting regulator had a few questions in terms of how RPC had satisfied relevant reporting regulations.

RPC answered these and to the best of my knowledge there is no investigation ongoing or cause for concern.

[shauney2] 07/8/2018 17:11

Which authority was that Beckers?