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Share Name Share Symbol Market Type Share ISIN Share Description
Ruffer Investment Company Ltd LSE:RICA London Ordinary Share GB00B018CS46 RED PTG PREF SHS 0.01P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.50 2.97% 295.00 292.00 294.00 292.00 289.00 289.00 824,655 16:35:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 0.0 4.2 2.1 142.5 573

Ruffer Investment Share Discussion Threads

Showing 326 to 350 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
02/3/2021
10:08
One of my biggest holdings is Kr1 so not missing out. I was just surprised at the amount of questions being asked about Bitcoin when it was such a small % of fund. In contrast a recent interview of 4 senior fm including Newton showed a complete lack of knowledge regarding Bitcoin and defi. It is a real marmite subject although it has quite an age bias.
slicethepie
01/3/2021
23:30
In a couple of years you will wonder how you missed the opportunity as Bitcoin became mainstream. Well your experiencing it right now so if you don't take advantage then only yourself to blame.
hootza616
01/3/2021
21:48
Good Chairman's statement I thought: htTps://www.ruffer.co.uk/-/media/Ruffer-Website/Files/Downloads/RIC/Documents/RIC-half-yearly-report-Dec2020.pdf?la=en
rambutan2
25/2/2021
17:22
On Wednesday Ruffer did an excellent overview of recent performance and outlook, this is available on their website and is 30 mins well. Crazy amount of questions about their bitcoin investment out of all proportion to actual holding.
slicethepie
25/2/2021
10:03
Just to be clear I don't hold any BTC directly so as to avoid the tax implications on any profits. I hold this companies that have BTC as long term investment investment strategy or that mine BTC and hold themselves.ARB and MSTR both available in SIPP/ISA.
hootza616
21/2/2021
18:40
Hoot - you're clearly shrewder than they! As RICA said on 15/12: One recent addition, via one of the specialist managers appointed within the Ruffer Multi-Strategies Fund, has been bitcoin. This is primarily a defensive move, one made in November after reducing the company's exposure to gold. Given that strategy, did it work? And by the way the RMSF was a top performer in 2020. Good luck with your BTC position!
jonwig
21/2/2021
18:11
I was invested here when they bought BTC but sold wen they did. They clearly do not understand it so my money going elsewhere.BTC will break $100k this year with a few corrections along the way and if they did some research they would have known this and held.ARB is still the best SIPP/ISA BTC play by a country mile. Nasdaq listing imminent and plenty more upside to come.
hootza616
21/2/2021
18:01
Personally I was hoping for a pure hedge: A bitcoin purchase that was left to run possibly with a stop below the entry price. However what has transpired is a hedge that has partially morphed into a trade. It is true that you can interpret that trade as a hedge against the price crashing but it is not a pure hedge against collapsing currencies. In summary however, I feel it was a bold and timely initial purchase and I am grateful to Alexander Chartres for that.
lambeater
20/2/2021
18:53
I think they recovered their initial investment so the holding now is all unrealised profit So holding prior to BTC means it's now a question of how much or little gravy It's not a huge position - from memory no more than 200-300bps of NAV
williamcooper104
20/2/2021
16:18
Any long term holders (holding since before the bitcoin investment) concerned about what will happen to the share price here if bitcoin should crash?
zeroid
08/2/2021
19:14
So we are still holding, Good day for us today then. Bit of excitement anyway,😂
elmfield
08/2/2021
19:10
From Citywire: "Ruffer... made its own ‘speculative trade’ after it bought a £550m position in bitcoin as an uncorrelated inflation hedge. It has since taken out its original investment in profit after the bet more than doubled, but has kept the gains held in the cryptocurrency." Understandable enough - but not a pure hedge.
lambeater
07/2/2021
18:44
Banks are a hedge. Some banks in a year or two could be substantially higher than now.
elmfield
07/2/2021
18:29
I agree with you Hootza that it would be better as a hedge rather than a speculative trade. I'm not sure what to believe regarding their foray into Bitcoin, whether it's a hedge or a trade. However the share price made new highs on Friday while Bitcoin rose from its recent sell off so possibly that supports the notion that they do still hold a long position of magnitude in the cryptocurrency. Meanwhile they need their heads examining over some of their stock holdings: Lloyds, Barclays and Nat West for example although those were good gainers on Friday and possibly contributed to RICA closing at a new high of 275p.
lambeater
06/2/2021
10:02
Very disappointed this wasn't a long term investment. BTC now at 40k and will do nothing but increase in value.I thought they had understood BTC but I was wrong. I have made £600 here since mid December and would have made £7000 if I had put this money in ARB instead.
hootza616
02/2/2021
20:54
I thought they opened the position as a long term hedge rather than a short term trade. Maybe they morphed from a hedge to a trade when they saw the extent and rapidity of the gains. If they bought end Nov at say 18,000 and they made over 100 pc, as this article says, then they might have sold at around 37-38,000. An incredible trade if it's true, bearing in mind also that the current price of 35,600 is below their sell price.
lambeater
02/2/2021
18:06
£540 million profit. Can that be true? I guess that is over all the ruffer funds. Guess they will fill us in?
elmfield
02/2/2021
10:57
https://www.telegraph.co.uk/investing/news/city-firm-ruffer-banks-750m-profit-bitcoin-bet/
spoole5
31/1/2021
00:48
All Ruffer know is it's going up, which means they can profit short term. It is symptomatic of the asset bubbles being created, we all know how they end. Hopefully they won't be the last one in the pyramid!
spoole5
30/1/2021
23:54
...All this activity on here is a mite disconcerting. ;-)
pvb
30/1/2021
23:17
But in a diverse portfolio seeking inflation protection there's a role for BTC (IMO) If central banks ever properly engage in MMT (and the fed has started literally printing money) then BTC has to soar in value - so perhaps it gives protection against the tail risk of very high inflation, especially when this comes from explicit money printing - the very high inflation protection assets are few, equities will mostly blow up and commerical property values will likely too
williamcooper104
30/1/2021
23:14
What we don't know is whether BTC is really an epic risk on trade, that will thus blow up if the wider tech/SPAC bubble bursts or actual digital gold (with a lot more vol of course) It's been around 10 years, millennials love it, so don't see it crashing out of existence - though of course it could very well crash
williamcooper104
30/1/2021
17:37
Do you really think that Ruffer would take such a position in an asset without a massive amount of research. The reputational risk being in a position that you describe as a bubble is massive if it goes wrong.
slicethepie
30/1/2021
12:42
This bubble will pop eventually and the last in will be destroyed. Hopefully rica will be out by then with a profit. Awaiting a GME disclosure any day now.
spoole5
29/1/2021
23:59
It's not cleverest Brian's but as I've learnt - listen to the kids Any high pe/growth stock is about the future and your kids know more another that than you do (and it's fun getting their pocket money intro the market)
williamcooper104
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
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