Member Info for Rigger

Hi mate, have you done any research into this company? just look at how they operate. They have great assets and no real debt. Have got cash in the bank but choose to finance the construction of their project to conserve cash. They have been buying up their preference shares from creditors and cancelling them down, again to maximise profits and cut unnecessary costs. Look at it this way, the two top blokes in the company own more than half the shares in issue. Whos interest is it in for them to make the most money? Hmm I think its theirs. they have said that they will not pay a divident for the next 3 to 5 years but then they will look to return between 30 and 70% of the profits to the share holders. Why because they know that in 3 to 5 years the market will be booming again and they will bee making obscene amounts of money, returning half the profits to themselves effectively (through D.E.S. holdings). So when I say they will beat TW i am referring to ROE if you put the same amount of investment in TW and RGI i would bet my wife that RGI would return you more profit in the long run. DYOR GL! RIGGER :)

This has got to be one of the most promising property developers around in my opinion due to the lack of debt and plentiful assets. So fat it seems that only the management who own over half the shares and morgan stanley who own more than 10% agree with me! Oh well i recon I will have to buy some more then. GL all.

This stock will beat TW.

I cannot believe no one is buying this stock!

The market fluctuates!

Ok dude : )

Sorry mate ok then. I would suggest you watch GCM as well though they will do great things!

All the info is on their website and from my research on iwebsharedealing who I trade with. Lets face facts they will survive with no debt and i bet they bought the land for a lot less than last years valuations anyway so the have lost nothing! when they complete on the shopping centre and start recieving rents from the retailers they will more than likely move on to the next project. Oil prices are increasing and thats obviously where a good propportion of Moscows wealth comes from. Copper prices are increasing as are other commodities and for the last 3 months mortgage approvals are creeping up. I definately think we have seen the bottom of the market and the bulls IMO are coming back. Any company that can afford to buy back their preference shares and cancel them in this climate are looking like they are on a winner IMO. They also say that they have a good credit stream for financing individual projects so the arnt even using much if any of their own cash reserves to pay for project completions. Take a look at the people that work for the company and their CVs (all on website) I have afeeling in my gut on this one. BL Rigger.

The statement put out was a reduction in valuation of some of their land banks which all fall within the best real estate sectors of moscow. This is not necessarily a bad thing as this will increase. The loss is based on this alone so is only really a paper loss. They have cash in the bank, with ten projects in consideration. However they are focussing alltheir rescources one one project which is a seven storey shopping complex in the heart of moscow due to complete Q2 this year! this is definately the right thing to do!They have virtually no debt! DES who have increased their stake to over 50% is fully owned by the MD founder(90%) and the C.E.O. (10%) they have said there will be no Divi for around 2-3 years then they plan to divi between 30 to 70% of profits to shareholders! Owning over 50% themselves this will make them rich! Also if you look they have been buying up their preference shares and cancelling them down. This equates to conserving all profits for the shareholder. There will be no takeover as they have plenty of reserve cash and some very tidy property and landbanks. This company is going to make a fortune as it did the year from last......... watch this space! DYOR BW Rigger.

Please can someone take a look at this share?

this is up 43.33% today but does not show on top risers list. Whats going on?????????????? Anyway into over £300 profit now, which is nice! : )

Thanks for the advice. Nice to see another biker on here : ) I wish I knew how to be carefull, pretty new to this game and I am probably gonna mess it all up. I think I need a mentor!

I have been looking at this company RGI Inernational, Moscow property developer. Seem to be cash rich with a lot of great assets. Any thoughts?

2500000 shares placed snapped up by the directors has just been announced.

|Iweb always jumps back to the shares opening price at the end of play untill all auctions are tied up. For acurate price wait till around 1830. HRS.

Isnt a long term investment a short term investment gone bad?

In a multi cyclonic fashion!

Lol I wanna be your new best buddy. : )

Hes a good man as are you ;) I take it by your tag that you are born in 76 Good year same as me!

I wish I had not dismissed your first post at %25 :( nice one matey. GL.