Reinet Investments traded at 54,886.00 this Tuesday March 31st, increasing 393.00 or 0.72 percent since the previous trading session. Looking back, over the last four weeks, Reinet Investments gained 0.35 percent. Over the last 12 months, its price rose by 22.65 percent. Looking ahead, we forecast Reinet Investments to be priced at 53,133.40 by the end of this quarter and at 48,463.43 in one year, according to Trading Economics global macro models projections and analysts expectations.
Reinet Investments SCA is a Luxembourg-based securitization vehicle that is listed on the Luxembourg and Johannesburg Stock Exchanges. The Company is established as a regulated securitization vehicle engaged in long-term capital growth investments. Reinet Investments SCA allows its shareholders to participate indirectly in the portfolio of assets held through its wholly owned subsidiary Reinet Fund SCA FIS, a specialized investment fund also incorporated in Luxembourg. The Company's portfolio consists of investments in the listed company British American Tobacco Plc, cash and liquid funds and other assets. Reinet Investments SCA is managed by Reinet Investments Manager SA.