Riverfort Global Opportu... Share Discussion Threads

[the prophet] 30/1/2007 13:08

-don't forget 2safeguard will be spun out this quarter
-stick a value on that + work out the implied value of the remaining 2 ergo business

-eg, if 2 safeguard were to be worth, say, 65p or so (£20m+), then that implies 2 ergo worth around 220p now, which looks far to low for growth rate and forward p/e

[tillman] 30/1/2007 13:03

nice buying opportunity today... before it gathers momentum for the next upward move

[wjccghcc] 29/1/2007 17:06

I hold both but think RGO is in a different league to WNN. RGO seems to be more proactive i.e. shapes the market whereas WNN reacts more to it. Of course, that might change with the new CEO.

[woodcutter] 29/1/2007 16:59

A number of broker to broker trades towards the end of the day, could this be one of the institutions trying to build a stake?

I think we could be looking at eps of 14p this year on a per of 20 (it's historically been much higher) that's 280p so this year is already priced in imo.

I'm already overweight in this relative to my other holdings and fortunately from early days but can't help thinking it would be worth buying some more.

Also think WNN is worth another look now costs are under control new top man seems to have things on the right track but no growth in turnover is only downside. Still could be better value than rgo?

[the prophet] 29/1/2007 15:16

-bought it for next to nothing, not dilutive at all!!!

[quickmind] 29/1/2007 15:13

Do you folks know how Proteus was bought? What I'm trying to know is how dilutive the acquisition is.

[the prophet] 29/1/2007 14:08

-they did it last year as well!

[johnroger] 29/1/2007 14:08

Following another year of significant growth to August 2006, the Group is
pleased to announce that trading is on target to exceed market expectations for
the current year.

We are only five months into the year and they can make the above statement!

[wjccghcc] 29/1/2007 11:36

Yup. Hats off to management.

[the prophet] 29/1/2007 09:55

-nice news, these guys are so boring, another profits upgrade!!!!

[ltinvestor] 29/1/2007 08:49

Wiganer.Welcome back and once details of the demerger are announced I would expect the aggregate value of the 2 shares to be significantly higher than £2.90!!

[wiganer] 29/1/2007 08:44

Back in at just under 290p

[nurdin] 29/1/2007 07:58

In case anyone missed it :o)

[ltinvestor] 29/1/2007 07:58

... and so this growth story continues...

[wjccghcc] 23/1/2007 09:01

Thanks Itinvestor. Looks interesting and great partners for such a small company.

[ltinvestor] 23/1/2007 08:52

Proteus,the US division of 2 ERGO, on JAN 16th made a very significant announcement in the US.If you wish to read then type UNIVERSAL CHANNEL TELCEL in Google and click on moconews!

[21richyrich] 16/1/2007 08:14

yesterdays FT had a substantial report headed " 2ergo aiming to list mobile payment product"

did not really say anything new that was not available in 2ergo last RNS when intention to list 2safeguard was announced

but did say that its use could possibly be extended to voting

and mentions "next month" as the demerger date

[ltinvestor] 16/1/2007 08:09

According to yesterdays FT (p20) the demerger is set for February.

[the prophet] 04/1/2007 10:57

-boys have said early this year, so sometime Q1, would be my guess!!!

[ltinvestor] 04/1/2007 10:05

I agree Prophet and with little stock around the slightest demand will see the share price through £3.We should not forget that 1m shares were placed at £2.85p, presumably to one or more institutions who obviously very much like the forthcoming prospects of both RGO and 2 safeguard.Any thoughts on date for 2Safeguard flotation, Prophet?

[the prophet] 04/1/2007 09:45

-v.close to breaking £3, don't think it will stop there.

-obviously other folks must also be excited about the prospects and imminent floatation of 2 safeguard, as well as the core business going great guns.

[spangle93] 03/1/2007 16:54

Anyone planning to attend?

Also, from the 22-Nov RNS However, following a strategic review, the Board has consulted with advisors and now intends to demerge 2safeguard from the Group. Flotation on the AIM market is planned for early 2007.

Any thoughts on whether this will be before or after AGM, i.e. do they need a resolution at the meeting before it can go ahead.

[zho] 03/1/2007 16:50

The Company announces it has posted to shareholders its Annual Report and
Accounts for 2006 (the 'Report & Accounts') and a circular giving notice of its
Annual General Meeting (the 'Circular').

The resolutions detailed in the Circular will be proposed at the Annual General
Meeting of the Company to be held at 10.00 am on 29 January 2007 at the offices
of the Company, St Mary's Chambers, Haslingden Road, Rawtenstall, Lancashire BB4
6QX.

[nurdin] 29/12/2006 11:22

Hardly any volume to speak of TP...dont know what has caused the rise

[the prophet] 29/12/2006 10:58

-upward trajectory resumed
-break of £3 soon?