Bullboard - Stock Discussion Forum RIFCO Inc. V.RFC

Financial Services Credit Services

RIFCO Inc is an auto-purchase finance company. Its subsidiaries are engaged in vehicle financing. The company provides non-traditional vehicle financing to motorists through a growing network of select new and used vehicle retailers. Its auto financing is available to both franchise and independent dealers who want to create a partnership. The company has its operation in all provinces in... see more

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TSXV:RFC - Post Discussion

RIFCO Inc. > Disgusted

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Post by Lawyerup on Feb 03, 2021 4:06pm

Disgusted

I am so disgusted with the new management and board that I will probably dumb my shares in the next couple of weeks. Board and management has done absolutely nothing to enhance shareholder value. As far as I can see none of the board or management have bought any RFC shares. Guess we were all hoodwinked thinking something will change here. Just my two cents, Charlie.

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Comment by Thestockguy on Feb 10, 2021 12:05pm

The sp is half of what it was 60 days ago and falling! Insider buying is zero. The promise of shareholder focus has not resulted in real comunication or real transparancy. One BS press release that did not reveal any credible strategy or plans. No investor presentation, no roadshow, no roadmap....zilch. I fear this group is of the over promise - under deliver flavour. ...more

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Comment by Lawyerup on Feb 11, 2021 4:26pm

Dumped half my shares so far. RFC is probably one of the worst managed companies in Canada and has become a laughing joke. I didn't think we could get any worse than the old management team that got booted out. But hey this new team seems to be just as bad or worse than the originals. What is it with these guys? It seems their whole purpose is to drive RFC into ...more

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RIFCO Inc.