Fund Objectives and Questions for River & Mercantile

[Stimpy 0]

I know it's late, but reading the questions and that of my belief and many others, is R&M's investment intentions suitable for a football company?

[BrahimHemdani 1]

Thanks for including my questions, BH? Although I must say there's no 'apparent' conviction in question 11. It's absolute fact.

 

I am sure you are right but I am equally sure that yoou will understand why I worded it that way.

[BrahimHemdani 1]

12 Stockbridge not Stockdale common mistake but one which raise the hackles of simplythebest!

 

Noted many thanks.

[BrahimHemdani 1]

I know it's late, but reading the questions and that of my belief and many others, is R&M's investment intentions suitable for a football company?

 

I'll add something like "is your investment philosophy compatible with the strategy required to manage a successful football club"

[BrahimHemdani 1]

Also added "Do you have a target selling price?" which was in my original list, though I doubt they will answer that.

 

Zappa, please close this thread; I'll start a new one with the reply.

[BrahimHemdani 1]

They have promised a reply, probably in the form of statement by tomorrow.

[BrahimHemdani 1]

River & Mercantile have sent me the following statement in response to the questions.

 

“I have bought shares in Rangers as it is a valuable football franchise, that is materially underpriced by the stockmarket. I intend to be a long term shareholder, supportive of Management and Corporate Governance that restores value for all stakeholders.”

 

I have indicated my disappointment that they have not answered any of the specific questions and said that I will let them know how folks on here respond.

[craig 5,195]

Hardly surprising that they wouldnt answer specific questions.

 

At least he did actually respond though

[andy steel 0]

Meaningless pap.

 

Given the opportunity to answer specific questions, even in the broadest of terms, that goes down as a slap in the face. Might as well have typed, 'You don't need to know, so fuck off'.

 

Which immediately gets him & his investment a big question mark from me.

[BrahimHemdani 1]

Meaningless pap.

 

Given the opportunity to answer specific questions, even in the broadest of terms, that goes down as a slap in the face. Might as well have typed, 'You don't need to know, so fuck off'.

 

Which immediately gets him & his investment a big question mark from me.

 

You are obviously entitled to your opinion Andy; but I think you are wrong. They are obviously very constrained in what they can say in public but they have actually answered 3 of the questions in those two sentences, albeit in general terms.

 

Nonetheless I will convey to them everyone one's sentiments who cares to comment.