Riverfort Global Opportu... Share Discussion Threads

[markatkinson] 01/9/2024 17:57

In the latest episode of the Desert Island Investor we are kindly joined by good friend and investing legend David Barry who talks us through his varied and colourful story.

David is a Significant Shareholder ( above 3% ) in several UK listed businesses including RiverFort Global Opportunities.

Watch on You Tube

[kemche] 19/8/2024 10:08

Has RGO gone to CCAP heaven?

[nico115] 20/6/2024 16:41

Odd as I met him he wanted My money and said he does all the debt financing and never loses money so i thought a director and since he's only lost me money and 100s of thousands so I've had enough will never trust him again and hopefully no one else will as he was meant to track btc and bought a video producer and lost it all but took millions of pounds of bonuses all stinks tbh

[packman8] 18/6/2024 21:08

Who is Brian Kinane? Not one of the present directors.

[nico115] 18/6/2024 20:08

Brian kinane lost all credibility over Pluto Will never get backed again Hero to zero

[nico115] 18/6/2024 20:07

Miton are clueless

[wshak] 18/6/2024 09:53

My plan would have been:

Use some cash to tender for shares for all those that wanted to get out at, say, 0.3p, in the knowledge that the company would be delisted to save costs. I'd also buy any shares personally that the Company didn't want to buy back for itself.

Strip costs down to the bare minimum by reducing total Board compensation to no more than £30k per annum. I would take £0.

Give shareholders the choice whether they wanted me to manage the portfolio for remaining shareholder's benefit, or simply work out the remaining assets and return cash via liquidation.

Anyway, we're becoming a food snack company.

[aishah] 18/6/2024 09:41

Pity they didn't take up your offer. You really are well clued up having followed you for a while. Have a small holding too and it's just noise now in my PF. Can't win them all.

[wshak] 18/6/2024 09:30

No, I have never been supportive of any investment in anything but low risk death spiral funding (with an accompanying dividend to investors) , which is what was promised on the tin when I invested.

It's a very small position for me, but I still find it annoying to look at, hence the offer to manage the portfolio myself at no charge.

[aishah] 18/6/2024 08:47

You're listed as a 4% holder. Are you supportive still?

[wshak] 18/6/2024 08:39

I did actually offer to manage the company investments myself at no cost a good while ago.

From the time I gave them any money, the purpose of the company has changed quite radically (from low risk death spiral funding) to being a punt on second rate tech firms.

Apparently, Miton are supportive of the latest move.

[kemche] 18/6/2024 07:46

They will drag it out as long as there is money in the bank. Man has to eat.

[2xs] 18/6/2024 07:40

Agreed. After this surely they should just put this company down and give what's left to shareholders. What chance have these muppets of making a success of the new venture?

[kaos3] 22/3/2024 07:14

wow - did not expect that

fast reading - not so bad - vibes

so what is the cash NAV before the rto.... not saying explicit

[kemche] 26/2/2024 15:46

It's a lifestyle company. Nothing else.

[nico115] 26/2/2024 15:28

Brian ruined his reputation in Pluto And now sells smartech at the lows !Wow you couldn't make it up

[packman8] 26/2/2024 13:19

Well timed sale, only £260000 down!!!

[kaos3] 26/2/2024 08:07

Good to cash in... imho

[jakehowell] 25/2/2024 12:14

Agree Nico.

[kemche] 08/2/2024 12:09

Another CCAP? Take it off market - pay themselves for 2 years and then run out of money?

[daicaprice] 31/1/2024 16:22

Update out saying NAV is now downgraded to 1p.

DC

[nico115] 29/1/2024 09:02

AgreedAfter Pluto who will want to deal with Brian .Hopefully I never have to come across him again .