Riverfort Global Opportu... Share Discussion Threads

[davidlloyd] 11/12/2020 11:00

Nice to have received interim dividend (only just checked the isa).still seems under the radar this one....
DL

[petercuntin] 05/11/2020 21:21

re-rating only just starting. This needs to get to 1.20p to leave the yield at 5%.
ful yr divi expected to be 0.06 (0.02 +0.04)

[tim000] 04/11/2020 17:49

Fully justified re-rating today

[davidlloyd] 02/11/2020 13:35

Agree, and great to see (at last). Hopefully this will have been worth the perseverance!
DL

[tim000] 02/11/2020 07:58

7.5% gross yield, easily covered. Very encouraging.

[justintime9] 22/9/2020 22:34

I am a holder and have been for a while, but the big trade this morning was a sale.
Spot the giveaway!!!
I know the company well and will add more if they weaken in these choppy markets.

[davidlloyd] 22/9/2020 10:51

Someone's happy with numbers- dropped £100k in here this morning for those 12million shares!
DL

[tim000] 22/9/2020 08:17

Yes, overlooked. I hope they will be able to announce a dividend when they publish their full-year results, they’ve said they wish to return capital to shareholders in the short term.

[davidlloyd] 22/9/2020 08:14

Pretty good numbers for the first half imco. Still relatively ignored/unrecognised?
DL

[tim000] 09/9/2020 15:35

Of course I know nothing of the personal financial circumstances of the Directors. But Nicholas Lee's remuneration was just £52k last year (no doubt his other business interests are more remunerative). That doesn't leave a lot to invest in the share capital of the business. The non-exec Chairman has nearly 3% of the share capital. And the Premier Miton UK smaller companies fund, run by the highly respected Gervais Williams, owns nearly 16%. Some CEOs don't like to put too much of their personal wealth into the business that provides them their income. I can understand that.

[tim000] 05/9/2020 07:56

KOD up 150% in the past week, one of the YN/RGO consortium's clients. Plenty of loan interest, fees and warrants. RGO interims next week?

[tim000] 28/8/2020 12:40

PIRI holdings now 0.26p per share.

[tim000] 24/8/2020 09:52

PIRI equity and warrants currently worth 0.22p per RGO share, each 1p increase in the PIRI share price increases RGO's NAV by 0.055p, or about 7% of the current share price And yet there has been no impact (yet) on the RGO share price

[tim000] 21/8/2020 13:11

RGO should be able to afford a dividend payment when they announce their interim results. PIRI having a good day, putting RGO’s warrants into the money. As you say DL, RGO is overlooked and is currently priced at a large discount to its NAV, especially if its warrants holdings are valued at market prices rather than the methodology used by auditors.

[davidlloyd] 06/8/2020 16:40

Seems to me to still be under the radar at the moment- lots of potential upside IMHO.... ( well, fingers crossed😐)
DL

[tim000] 06/8/2020 07:12

It's the warrants! They'll make RGO a fortune. Surprised though that RGO didn't make more from EQT.

[tim000] 22/6/2020 13:44

He’s part of the Sure Valley Ventures team as well, which PIRI has invested in.

[nico115] 22/6/2020 13:17

Brian cleverest ceo He's just doesn't get it wrong

[tim000] 22/6/2020 11:03

I've acquired over 4mn shares while no-one was watching! The fund managers look very savvy, and are doing some excellent deals. It's the entitlement to warrants imho that will be the making of RGO, especially warrants in PIRI, EQT and IES. (I think RGO still has some outstanding warrants in EQT, plus possibly some equity.)

[davidlloyd] 22/6/2020 10:49

Tim000,
Looks like people are listening .....and joining the dots....
DL

[tim000] 20/6/2020 05:44

It appears that RGO has exercised its right to 95.5 mn EQT warrants @0.375p and sold them all immediately at ca.0.8p, making a profit of ca.£400k. That's equal to 0.06p per RGO share, ie 7.5% of the RGO share price. It looks as if IES warrants might turn out to be equally profitable. RGO is under the radar, but a highly undervalued asset.

[tim000] 16/6/2020 06:52

As far as I can tell, RGO has had a stunning Q2. The FTSE AIM All-Share Index has risen by 26% in Q2 to date, with a dramatic impact on the mkt value of RGO's equity holdings, and the underlying value of its rights to warrants (especially for EQT, where I have a large holding). And as RGO has already reported, there is strong demand for loans in the AIM sector, with RGO adding KOD, WSG and IES as clients in H1. Fee income has also been strong, with for example RGO collecting a large fee from UKOG to terminate its lending facility, and a still larger fee from EQT for rescheduling its outstanding loan. Assuming there are no "funnies" that I have overlooked, RGO should be in a position to announce a buy-back programme and dividend policy when the Interims are published in September. Finally, note that their investment adviser has waived all fees on new business in H1, so costs will be tiny.

[isa2020] 11/6/2020 07:23

Any new investments

[davidlloyd] 29/4/2020 08:56

With capital reduction sorted are we going to see any signs of a dividend???
Hope so- this needs a shot in the arm from somewhere 😀
DL