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RAVP

Gilts, bonds, and interest-bearing shares
OwenSwansea
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Re: RAVP

#321079

Postby OwenSwansea » June 24th, 2020, 1:54 pm

RAVP are up 2% today, and the yield is heading towards single figures.

Owen.

Wizard
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Re: RAVP

#321132

Postby Wizard » June 24th, 2020, 4:21 pm

OwenSwansea wrote:RAVP are up 2% today, and the yield is heading towards single figures.

Owen.

...and?

OwenSwansea
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Re: RAVP

#321138

Postby OwenSwansea » June 24th, 2020, 4:57 pm

No other Preference Shares went up by 2% today. Could be a sign of Market confidence?

Owen.

Wizard
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Re: RAVP

#321142

Postby Wizard » June 24th, 2020, 5:16 pm

OwenSwansea wrote:No other Preference Shares went up by 2% today. Could be a sign of Market confidence?

Owen.

RE.B up 2.5% today. I have not check anything else as the first pref I checked contradicted your statement.

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Re: RAVP

#321158

Postby Wizard » June 24th, 2020, 6:09 pm

Wizard wrote:
OwenSwansea wrote:No other Preference Shares went up by 2% today. Could be a sign of Market confidence?

Owen.

RE.B up 2.5% today. I have not check anything else as the first pref I checked contradicted your statement.

Waiting for my charcol to heat up so had a quick look. Using 20th Feb as the start point, the day markets started the Covid tumble, it seems RE.B and RAVP have both underperformed NWBD, LLPC and ELLA. Maybe the market is recognising that and this is just a bit of catch up, but it certainly isn't out performance IMHO.

OwenSwansea
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Re: RAVP

#321193

Postby OwenSwansea » June 24th, 2020, 8:46 pm

Wizard,
Perhaps I should have written that few other Prefs. went up by 2% today. As for RE.B, I doubt if many people have got the nerve to invest in these shares, and RAVP certainly out performs NWBD, LLPC and ELLA when it comes to yield.

Owen.

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Re: RAVP

#321223

Postby 88V8 » June 24th, 2020, 11:10 pm

OwenSwansea wrote:.....and RAVP certainly out performs NWBD, LLPC and ELLA when it comes to yield.

Luni never applied his Zones concept to Prefs & Bonds. I wonder where one would draw the boundaries. I'm not sure that Goldilocks ever visited Russia.

V8

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Re: RAVP

#321307

Postby OwenSwansea » June 25th, 2020, 10:19 am

88V8,
Sorry to have to reveal my ignorance, but who is “Luni”.

Owen.

Wizard
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Re: RAVP

#321308

Postby Wizard » June 25th, 2020, 10:21 am

OwenSwansea wrote:Wizard,
Perhaps I should have written that few other Prefs. went up by 2% today. As for RE.B, I doubt if many people have got the nerve to invest in these shares, and RAVP certainly out performs NWBD, LLPC and ELLA when it comes to yield.

Owen.

It always has and for good reason, there is greater risk.

Disclosure: I hold RAVP, RE.B and not LLPC but I do hold LLPD

OwenSwansea
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Re: RAVP

#321311

Postby OwenSwansea » June 25th, 2020, 10:38 am

Wizard,
Thou art a man of bottle. Dare I ask how much you paid for RE.B?

Owen.

88V8
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Re: RAVP

#321699

Postby 88V8 » June 26th, 2020, 10:11 am

OwenSwansea wrote:88V8,Sorry to have to reveal my ignorance, but who is “Luni”.

He was and is Luniversal, a long-time luminary of the HYP Board, and the IT board where he coined the B7 & B8.

The Goldilocks concept came about in trying to pick a 'sweet spot' for HYP investment, based on the yield relative to the FTSE100, where a share in the range 110% - 150% was deemed to be in the optimal (Goldilocks) zone.

I suppose one might devise a similar system for Fixed Interest, given that the higher the yield the greater the risk, but one would need a benchmark.
A passing thought.

Used to hold RAVP, RAVC, RE.B, but bottled out.

V8

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Re: RAVP

#323669

Postby Wizard » July 4th, 2020, 10:20 am

OwenSwansea wrote:Wizard,
Thou art a man of bottle. Dare I ask how much you paid for RE.B?

Owen.

Sorry missed this question. I am deeply underwater with them, having bought them at round about par many years ago. It looked like they were pulling back just before the COVID hit on the oil price, but it may be a very long time before they recover now. Only a small holding fortunately at about a third of my RAVP exposure based on purchase price. So brave enough to hold on in there, but not to buy more and average down.

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Re: RAVP

#323732

Postby ChrisNix » July 4th, 2020, 3:35 pm

Wizard wrote:
OwenSwansea wrote:Wizard,
Thou art a man of bottle. Dare I ask how much you paid for RE.B?

Owen.

Sorry missed this question. I am deeply underwater with them, having bought them at round about par many years ago. It looked like they were pulling back just before the COVID hit on the oil price, but it may be a very long time before they recover now. Only a small holding fortunately at about a third of my RAVP exposure based on purchase price. So brave enough to hold on in there, but not to buy more and average down.


Sounds more like a man in need of a bottle!

OwenSwansea
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Re: RAVP

#324241

Postby OwenSwansea » July 7th, 2020, 9:16 am

Thank you Wizard for your honest answer. We have all got our horror stories!

Owen.

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Re: RAVP

#325549

Postby tractorian » July 12th, 2020, 9:21 am

Any chance that holders of RAVP could be affected by Russian reprisals for the recent UK implementation of the Magnitsky Act?

OwenSwansea
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Re: RAVP

#329929

Postby OwenSwansea » July 31st, 2020, 11:57 am

The yield on “Raving Russia” as my wife calls them is now down to single figures!

Owen.


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