Riverfort Global Opportu... Share Discussion Threads

[ptolemy] 22/11/2007 08:29

Good results. No mention of a dividend policy - unless I missed it. Amazingly low tax at 6%.

Partner of Google? I think they use the word 'partner' in a general sense, such as 'our partners in industry'.

Just have to see how it reacts given the miserable market conditions.

[ltinvestor] 22/11/2007 08:02

Great results but more importantly the statement infers that they are a partner of GOOGLE.Does anyone else agree?If so we can expect a major rerating.

[greengiant] 22/11/2007 07:17

A fantastic set of results with a positive forward looking statement. Let's hope that this rises (after fantastic results by FAN & TRI - this week and a sharp drop in share price in both - I remain cautious in these markets)

gg

[ltinvestor] 20/11/2007 13:18

The mobile market is moving RGO'S way with and more data being delivered to the mobile phone.I believe that GOOGLE'S mobile platform Android will open up great opportunities for a company like RGO when it is launched next year.The question is how long before a bid appears?

[spangle93] 20/11/2007 11:06

Spaceparallax - there's a third factor, behind market sentiment and figures, which is the outlook statement. It was the incautious outlook statement rather than the figures in the trading statement that caused the share price to decline from 250p, even though it was subsequently superseded by a more positive one.

[spaceparallax] 20/11/2007 11:02

Woody,

RGO looks pretty promising from a brief perusal - I suppose the clincher will be by how much they manage to exceed forecasts in Thursday's figures. Obviously, the fact that the Market sees fit to mark the share price up on a generally grim day shows that the all important sentiment is in RGO's favour.

I'll watch with interest on Thursday.

O/T,

Others here might like to look at the very impressive figures and positive outlook announced in today's figures by ILX - it signals a very significant shift in fortunes for a training company that has been heavily marked down over recent times. Their present PER is in single figures, with genuine potential for an share price rerating over the coming months.

[rochdale] 19/11/2007 11:39

woody - no not meant as a "dig" at you - your post got me thinking on this stock and my investing in general that's all.

Simply stated - it made me realise that I have not the hours in the day to try and call the right time to sell and to buy - ergo I should concentrate on buying into shares where I like the story and not worry about timing so much - reviewing on yearly basis perhaps.

mixing strategies - i.e. attempting to call the buy and sell points when not having the time to monitor effectively is foolish

for what its worth - I am happy to hold this one

[woodcutter] 18/11/2007 18:00

rochdale

not wishing to seem too sensitive but i hope your comments weren't meant to be critical of my post. I rarely call the bottom or the top i make my buy/sell decisions based on the business potential and the results or trading statements.

I originally had a holding in rgo from the very early days and topped up several times. Even though at their height i was concerned over the valuation i continued to hold but as we know profit warnings are rarely singular and after the past warning i sold out.

The subsequent statement of being over cautious led me to beleive that they were undervalued and i've began to accumulate stock again. Investment is about buy/sell decisions as much as potential and i don't normally trade in and out of stocks i hold usually for at least three years unless there's bad news (see my profile) on this occassion i may have fortunately been right but only time will tell,

No one calls bottoms and tops right even half the time imo.

woody

[rochdale] 18/11/2007 15:57

i sold out all my holding at 3.43 and have been accumulating from 1.72 upwards

i always call the bottom and the top

or

i bought a while back and meant to sell up but never got round to it and now it looks as though the share price will get back to where it was before


make your mind up

time to get in or not - time to get out or not

your call

[ltinvestor] 16/11/2007 11:46

>woodcutter. You will not be disapointed.

[woodcutter] 15/11/2007 13:52

Iti - if you look back at when the profit warning came they dropped to about 220p/230p, subsequent to this we've had the statement that they were over cautious and they would meet expectations, on this basis i feel 220p-230p is highly likely in the short term. This year? maybe, but certainly in six months.

i sold all my holding at 230p and have benn buying back steadily from 170's so i'm hoping to hear some good news that will drive the price north again.


woody

[ltinvestor] 14/11/2007 10:28

I believe that Numis have a target price around £2.90 for this year!

[thetrader3] 11/11/2007 19:09

Where do you forecast the share price rising to Itinvestor?
You seem very knowledgeable on RGO.

[ltinvestor] 11/11/2007 17:55

Yes, and the reason why will become obvious on 22nd Nov.

[thetrader3] 08/11/2007 19:52

were these buys again Itinvestor?

[ltinvestor] 06/11/2007 16:32

1.4m shares traded at 1p below offer (1.78p) should guarantee excellent results and very positive statement.

[ltinvestor] 01/11/2007 07:46

Results due 22nd Nov and further good news this morning regarding the US.

[ltinvestor] 30/10/2007 07:51

>tt3.With £4.3m profit pencilled in for 2008 by brokers and on the basis that RGO always exceed the estimates then the share price should be around the brokers target price of £2.80.Aviva must have been impressed with what they saw and heard to spend £2m on shares.I suspect other institutions and PI'S may well follow suit after the results.

[woodcutter] 28/10/2007 14:31

TT3 the big trade looked like a buy to me but i can't say for certain. My view on fair value is over 200p based on historic price movement. I think results should drive price north over the next couple of months.

I made a very nice profit on them last time having held from the early days and having bought three sizeable tranches. It looks like the profit warning was an over cautious reaction so if we are about to see profits in excess of forecasts then although the per will still be very high there could still be more growth so share price should rise again. Problem will be if there is a downturn in business or poor outlook statement then we could see return to sub 150p.

I've only taken a small holding this time and will wait for the results before deciding whether to go in for more. I'm also concerned about Broca which i'm convinced is massively over priced and will definately fall further, i'm not sure how much this will drag on the share price though, as the holding is not that large from memory.


Woody

[thetrader3] 28/10/2007 09:41

Nice to see some posts here again!

Itinvestor, what are your thoughts on a fair value of RGO?

TT3

[ltinvestor] 26/10/2007 16:32

Well now we know that Aviva plc(Norwich Union) picked up 1.2m shares at 173.5p.In my opinion RGO is grossly undervalued as results in November will show where profit will be in excess of brokers estimate (£3.2m).Remember that RGO has ALWAYS beaten brokers estimates unlike hundreds of other companies on AIM.

[thetrader3] 24/10/2007 19:59

Was it a buy or sell Woodcutter?

[woodcutter] 24/10/2007 14:56

1.2m trade and no price movement??? odd

bought back in at 177p

after the profit warning these were trading at about 220p (i sold out at 235p or there abouts) so all things being equal you would expect with the turn around that they would begin to climb back to this sp, upto and after the next set of results, so looks pretty good value even with a per of circa 15.

woody

[blackbear] 22/8/2007 16:33

surely 170p is the floor now, support there runs back 2 years..