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Premier Irish Forestry Fund

  • 06-01-2015 3:31pm
    #1
    Registered Users, Registered Users 2 Posts: 942 ✭✭✭


    Has anyone around these parts invested in PIFF in the past? I invested around 2001, but the company has gone belly up. Just wondering if any others were caught out too.


Comments

  • Registered Users, Registered Users 2 Posts: 983 ✭✭✭Frogdog


    Search for threads here and on askaboutmoney's Investment forum - there's plenty of info about them.


  • Registered Users, Registered Users 2 Posts: 942 ✭✭✭outfox


    Thanks Frogdog. Plenty info there alright about forestry funds, but not the specific fund I was looking for. It seems to have simply taken the investors' money, and died. No dividends, no annual reports, nothing.


  • Registered Users, Registered Users 2 Posts: 1 gizmo87


    Hi Outfox,

    I assume these are pretty much the same as the Seventh Irish Forestry Fund.

    I invested in them a number of years back and the shares have matured but no signs of any returns. Their communication on the whole thing is very poor, apparently they had 2 buyers in December but they just reissued me the financial results and no mention of the supposed interested parties. Pretty annoyed at this stage.

    But I doubt much can be done?


  • Registered Users, Registered Users 2 Posts: 5,301 ✭✭✭gordongekko


    gizmo87 wrote: »
    Hi Outfox,

    I assume these are pretty much the same as the Seventh Irish Forestry Fund.

    I invested in them a number of years back and the shares have matured but no signs of any returns. Their communication on the whole thing is very poor, apparently they had 2 buyers in December but they just reissued me the financial results and no mention of the supposed interested parties. Pretty annoyed at this stage.

    But I doubt much can be done?

    Different companies


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