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Bullboard - Stock Discussion Forum RF Capital Group 5 Year Rate Reset Cumulative Pref Shs Series B T.RCG.PR.B

Alternate Symbol(s):  GMPFF

RF Capital Group Inc. is a Canada-based wealth management-focused company. The Company operates through two business segments: Wealth Management and Corporate. It provides a suite of wealth management services including investment, financial planning, insurance, and tax and estate planning services. The Company operates under the Richardson Wealth brand. The Company is focused on providing... see more

TSX:RCG.PR.B - Post Discussion

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Post by argon12 on Dec 28, 2021 8:17pm

RCG TRADING NEAR ALL TIME LOW

Leadership is weak.

The company can't even afford to pay a dividend because they pay executives and board members ridiculous size salaries and fee on a company with a mkt cap of $275 million.

The Richardson name meant something when old man George ran the show. Now it's controlled by the trust fund babies of the Richardson family and they leave the operations in charge to a over paid executive.
If they were smart they should pivot and look for a true entrepreneur to grow this business.

So sick of this $hit.
Comment by matt2018 on Dec 29, 2021 11:37am
maybe time to take the company private? with large chunk they alraedy own, would not cost much with a little premium down here.  sava a lot of money in fee's to keep it public. investor sentiment seems to be way down. no serious offer from everyone else to speak of. imo
Comment by astutein on Jan 05, 2022 12:03pm
Most frustrating stock I have ever owned. wealth management in last year increased by 8 nbillion and yet our stock drops to all time low. RCG refused to put of by Canaccord to vote by shareholders ays RCG undervalued. Canaccord was willing topay us $2.75. In best interests of shareholders BOd should re-initiate bid and  accept and put to .vote.  
Comment by argon12 on Mar 12, 2022 10:04am
You would think that they would start executing on their normal course issuer bid to buy back shares at this level. CEO is way over paid. He actually got a massive bonus last year. Too many people on the BOD for a company of this size. Richardson Family used to be a well respected family in western Canada. RCG has now become the "joke" of the industry. It's time to put the company on ...more  
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