Good morning!
Today there are updates relating to:
IQE (LON:IQE) – trading updatePrime People (LON:PRP) – final resultsFairFX (LON:FFX) – new licenceGoals Soccer Centres (LON:GOAL) – statement by Sports Direct.First, a few words on a holding in my portfolio which I’ve been adding to today.
RDL Realisation (LON:RDL)
Share price: 396p (+4%)No. of shares: 16.1 millionMarket cap: £64 millionPortfolio update
(Please note that I have a long position in RDL.)
This RNS was issued after close of business yesterday. After digesting it, I’ve increased my position size in RDL today, raising it to 4% of my portfolio.
Reaons why UK equity investors might not care about this situation:
it’s a lending vehicleit’s US-basedit’s in run-off and is probably going to delist soon.For these valid reasons, if you’re not interested, please skip ahead to the next section!
Personally, I like finding special situations and unusual things in the stock market.
Also, I’ve run the numbers and I think there’s a margin of safety in this, so am happy…
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