Riverfort Global Opportu... Share Discussion Threads

[2lb] 23/3/2005 12:29

I am not at liberty to say under BB restrictions.

[pomp circumstance] 23/3/2005 10:56

and i repeat.

On what basis do you say 129? (noone has given a single decent argument for 129)

NUMIS certainly do not agree with you.

[2lb] 23/3/2005 10:43

I would expect 129 in the short term - the space is more a lot more competitive that the market would have you think, and all the competition is coming from faster, better value and more efficient private companies.

Having said that - the numners are good, though the PE is unrealistic and I feel confident that this is a safe long term bet given the amount of loss making and money buring telco based companies on Aim.

Growth is a double edged sword and is the reason most technology companies fail - they can't do it properly.

[pomp circumstance] 23/3/2005 10:25

Topgun. The company if too new to the public for them to understand them.

Even the industry dont really understand them.

The growth this company is going thru is phenominal!

The costs are almost fixed!!

They are one of a few companies who makes money every time data passes thru the vodafone network.

think about that.

Think of them as operating a toll booth on a Road. Vodafone etc own the road and 2ergo operate the toll booth. 2ergo receive 2p from every 10p that vodafone charge people to travel that road!!

There are aspcets of the US mobile phone market that havent opened up yet, 2ergo are set to make massive amounts of money once these markets grow. The UK is already ahead of the US in these areas and they are very profitable, once the US catches on the tils wont stop ringing!!

[topgunns] 23/3/2005 10:19

This is a vunerable stock because of its high PE. 129 is perfectly possible. Hope not for your sake. I've read the analsyt comments. Sounds like company is doing well but there are many better companies with lower PE's and much higher growth rates.

[tole] 23/3/2005 10:10

In at 149 :) - sheep sellers imo

[pomp circumstance] 23/3/2005 10:10

and why will the sellers continue to sell until 129?

[vicotumeric] 23/3/2005 10:08

more sellers than buyers

[pomp circumstance] 23/3/2005 10:05

and those signs are?

[vicotumeric] 23/3/2005 10:04

all signs are sub 129p is imminent imho but dyor

[pomp circumstance] 23/3/2005 09:01

why the hell would thay go to 129.

They are doing numbers to justify 180 and growing!!

[vicotumeric] 23/3/2005 08:58

129p or less

[pomp circumstance] 22/3/2005 11:15

and up we go, gald i picked up a gew more at 164 and bits!

[pomp circumstance] 22/3/2005 10:06

confirmed, small amount of profit taking. No bad news on the way. Good chance to top up if you missed out.
Directors in the states, no doubt there will be an update when they return in prep for the AGM!!

[wjccghcc] 22/3/2005 08:53

Not really. Snowball effect plus end of tax year.

[cambium] 22/3/2005 08:36

all swapping for WNN after their results yesterday maybe

[zho] 22/3/2005 08:33

>>Looks like normal profit-taking to me.>>

I'm not so sure. A dozen sells in a lightly traded stock by 10 past 8 suggests either a sell rec, or a concerted effort to get the price down.

[pomp circumstance] 22/3/2005 08:29

ive taken a little top up, thanks all!!

[pomp circumstance] 22/3/2005 08:28

shorters will get burned when the US update comes out shortly!! ;)

[vicotumeric] 22/3/2005 08:23

120p target

[wjccghcc] 22/3/2005 08:22

Looks like normal profit-taking to me.

[pomp circumstance] 22/3/2005 08:20

very strange!!

[pacman88] 22/3/2005 08:16

very odd price movement this morning...watching