The latest update is out from Ryder Capital Ltd. ( (AU:RYD) ).
Ryder Capital Limited reported a 0.68% increase in pre-tax NTA for March, despite a challenging market environment. The company’s portfolio benefited from significant gains in The Reject Shop following a takeover announcement by Dollarama Inc., which provided a substantial premium to shareholders. The portfolio adjustments included increasing positions in Emeco Holdings, BCI Minerals, and Humm Group, while reducing holdings in Aurelia Metals and Fleetwood. The company’s strategic moves and dividend distribution highlight its resilience and commitment to delivering value to shareholders.
More about Ryder Capital Ltd.
Ryder Capital Limited, listed in September 2015, is managed by Ryder Investment Management Pty Ltd, a boutique fund manager based in Sydney. The company specializes in small-cap Australian equities, employing a high-conviction, value-driven investment strategy focused on medium to long-term capital growth. The investment approach emphasizes strong absolute returns, minimizing mistakes, and maintaining a concentrated portfolio.
YTD Price Performance: -10.0%
Average Trading Volume: 32,083
Technical Sentiment Signal: Sell
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