Riverfort Global Opportu... Share Discussion Threads

[2lb] 11/5/2005 15:07

Ahead of expectations and with a small rise in price - pretty much as expected.

Hopefully from this foundation at the anticpated 129p base we can now see some steady grwoth in the company and the value.

Great to see talk of acquistion at the end of the statement, one or two decent companies being plugged in would see real value from this share, some geogrpahic diversification and complementary technology would go a long way.

Didn't see much to really back-up the USA venture, still not convinced by that given the clear market opportunity.

Onwards and upwards..........

[smelleroo] 11/5/2005 09:53

bullish information, and going forward some exciting plans!

Did anyone notice the 100,000 trade?

[ltinvestor] 11/5/2005 07:39

This growth story continues and bear in mind that this is ORGANIC growth!!!!!!!

[smelleroo] 10/5/2005 15:41

positive although limited trades - results out tomorrow

Good sign or coincidence?

[powwow] 08/5/2005 21:20

where do we think these are going.. any ideas on the results?

[zinco] 03/5/2005 08:58

What do we think of this?....often seen as good news....

RNS Number:7536L
2 ergo Group plc
03 May 2005


Embargoed until 7am 3 May 2005



2ergo Group plc
("2ergo" or "the Company")

Share Buy Back

Following approval of the share buy back agreement (the "Agreement") by the
Company's shareholders at the Annual General Meeting of the Company held on 7
April 2005, the Company is pleased to announce that 718,182 ordinary shares of
1p each in the issued share capital of the Company were purchased on 29 April
from Michael Kilgannon pursuant to the Agreement and that the said shares are to
be held in treasury.

Following this purchase of shares, Michael Kilgannon now holds 1,781,818
ordinary shares of 1p each, representing 6.3 per cent of the Company's issued
share capital (excluding shares held in treasury). The Company also holds a
further option over Mr Kilgannon's remaining shares at a price of 110p per
share. The Company holds in treasury a total of 718,182 ordinary shares of 1p
each.

The shares were purchased at a price of 110p per share, which the Board believes
represents excellent value for shareholders. Placing these shares into treasury
will enable the Company to use them to facilitate future transactions without
diluting existing shareholdings. The Board also expects the buy back to improve
the Company's earnings per share.


-ends-

For further information, please contact:

2ergo group

[topgunns] 03/5/2005 08:45

Back where we started huh? and PE still through the roof.

[fegga] 02/5/2005 07:21

2lb has the touch with this share - just logged on for 1st time since march - and he's been right all the way down.

well done

[smelleroo] 28/4/2005 19:32

Interesting about the figures- I was expecting bullish stuff.

Today marked a shocking day for Marconi (Fall circa 40%) due to the collapse of the BT deal. Are there any ramifications for 2ergo?

The two companies do conduct business with each other. Am wondering whether investors are steering away from TMT stocks, hence the selling of ergo of late.

[ltinvestor] 28/4/2005 16:11

>2lb. What is the market expecting for the interims?

[pomp circumstance] 28/4/2005 15:07

rubbish, havent been wrong about anything.

[2lb] 28/4/2005 15:02

Hmm, well, you've been wrong about everything else so far, so I guess we can expect more of the same, winks or otherwise.

[pomp circumstance] 28/4/2005 14:51

only telling them how it is!!

[zinco] 28/4/2005 14:49

lol....

ps...i see you've been friend making over on the PDX THREAD again.....you do have a gift for it dont you?.....;-)))

[pomp circumstance] 28/4/2005 14:45

Dont do figures!! Just winks!!

If your sources are correct Im outta here!! Dont leaky companies espcially to someone called Aaron!!

LOL!!!!

[zinco] 28/4/2005 14:36

Take him on pomp....you know you want to....

Name Aaron
Town Macclesfield
Country United Kingdom
Trading Style Generally fast turns.
Favourite Stocks Well researched, relatively young strong tech stocks.
Least Favourite Stocks Perenial cash burners with no real prosepcts where the board have made their cash through inflated salaries
Comments I am well placed to make good picks on tech stocks as I own and run my own private company that deals in a number of telecoms and software markets.
Back

come on then aaron what stocks DO you like fella?.....;-)))

[2lb] 28/4/2005 14:28

OK well, we will just have to see who has the better sources.

I'm sticking with 2%.

What is your figure?

[pomp circumstance] 28/4/2005 14:19

where you getting that from!!! I heard the results or accompanying news would be far better than you inidcate!

[2lb] 28/4/2005 13:51

The results will be ahead of expectations, but not by mauch, say 2%, which may or may not lead to a modest rise. On this basis one of todays trades mas me at the current low price expecting say a 10% lift after the results come out.

I'm still unhappy with the approach in the USA - 5 guys now based over there and no revenue to speak of has beeen generated as yet on the current basic prodcut. There is so much more they couls be doing in that market.....

[smelleroo] 26/4/2005 12:55

Thanks.

In summary, the stock price will be reflective of the company. hopefully may 11- will bring good news and some welcomed publicity!!

Here is to may 11!!!!

[pomp circumstance] 26/4/2005 12:48

I think you will find that the money is rolling in from existing business that has grown a hell of a lot (Financial Technical term that is!!) plus there is other stuff that they cannot announce due to the closed period.

Remember these boys have a toll gate on the MMS and SMS highways and are quietly collecting the money without anyone really knowing anhting about them.

In a conversation I had with their PR company sometime ago they said that the biggest problem with doing financial PR for them is due to their position in the telecom food chain, noone knows who they are and its only when their financials come out that people look up!

The nod and a wink is that there will be alot to look up for with respect to news accompanying the results and the impact that has on forecasts for the coming years!

[2lb] 26/4/2005 12:38

Smell - I think you've got it exactly right - totaly lack of activity since flotation, no acqusitions, no obvious new business, no obvious use of porceeds oter than more staff and cash in a few pockets.

I think it will get there in the long term but it just looks so totally inactive which puts of any potential market interest.

[smelleroo] 26/4/2005 12:21

hmmm, what is going on with this stock?

Nothing happens for 12 months and then it shoots up to 180p. The rise is then followed with a swift decline to a level near floatation level.

The company seems to have ingenious products and is within a sector that is emerging and highly innovative.

Do I presume that investors are selling due to fustration that the stock is not volatile enough to provide day trading, are investors fustrated with the lack of information from management or is it a case that, although I doubt, people have lost faith in the company???

IMHO, the shares are undervalued and hence a buy. If you use either the annual report or comparable companies information with simple valuation technique methods, the same conclusion would be formed. (I am aware of the danger of historical data.)