to join the discussion
RNI up 0.91% today at R58021, I'm not mad about that small gain on a Monday. Been watching this one because it holds stakes in other companies so maybe it's like having a basket of eggs instead of one.
RNI's modest 0.34% appreciation today sits in stark contrast to the broader financials sector weakness we've seen on rate repricing concerns. The holding company's NAV sensitivity to rand weakness and emerging market equity valuations makes it a more leveraged play on EM recovery
RNI's modest uptick to R56,579 reflects the market's measured appetite for Richemont exposure through the investment vehicle structure, though the flat performance suggests investors are digesting the luxury sector headwinds that continue to weigh on the parent company's valuatio
RNI creeping up 0.16% today is the kind of grinding accumulation we saw back in 2003 when Remgro was quietly rebuilding value before the commodity supercycle really got cooking, so the lack of fanfare might actually be more meaningful than any sharp spike.
RNI holding steady at R56,491 with zero movement today suggests the market is digesting the underlying Richemont exposure and waiting for either stronger luxury demand signals or further rand weakness to justify fresh positioning, given the embedded currency tailwind potential if
RNI down 0.78% to R56338 feels like overreaction given their offshore diversification. Rand weakness should be working in their favour here, not against them.
RNI at R56600 creeping up 0.54% but the underlying Richemont weakness hasn't reversed. Think we're seeing short covering rather than conviction in the luxury rebound.
RNI at R55533 down 0.36% while Naspers stumbles—both held investment portfolios but Reinet's tech-heavy exposure feels more defensive right now. Comparing valuations is tricky when one's a pure holding company.
RNI up 1.35% today but that pop feels like relief buying on nothing concrete. The offshore exposure and weak rand tailwinds are already priced in at R55k.
RNI down 0.90% to R55,200 but the holding company discount persists—question is whether Berkshire exposure justifies that valuation drag or if we're just paying for complexity here.
RNI at R55,357 down 0.62% is sitting at levels where you have to ask whether Richemont's luxury exposure gives this enough juice to matter for the next 3-5 years, or if the fund structure just becomes a drag on returns.
RNI at R55851 is still looking like a vehicle for patient money given Remgro's diversified assets, but the real question is whether management can unlock value faster than the market's already pricing in. With this up 2.21% today, feels like some fund manager remembered they own