Lombard Risk Management Share Discussion Threads

[aishah] 10/6/2018 22:53

Quite shocking if true

Management: CEO & FD lied to get takeover agreed, both fired with immediate effect - surely this is fraud?

[tell it as it is] 22/2/2018 12:34

You were a company with so much promise, such great products, and so many talented and committed people. Sad not to see all your AIMs fulfilled, but you were let down by so much money being frittered away in 2017 by those looking after you. It is not a bad marriage given the circumstances.Good luck and adieu ?

[tell it as it is] 13/1/2018 10:40

It's a good deal at this time given the alternatives which some on this board have articulated. A higher bid just possible but unlikely. Obviously it's disappointing to think what the company was capable of, and still is, but didn't manage to realise, and clearly the £8m change in net cash position from the end of March 2017 to now was the nail in the coffin for the 20p+ valuations that could have been available had they moved earlier.

[techno20] 11/1/2018 21:33

Managed to catch up on reading, this looks like a done deal given agreed commitments, including JW, who I’m sure is delighted to have achieved a half decent exit. Congrats to him and the core team that drove the business for years. A big let off for Crawford, who, unless a few deals were signed fast, I suspect was facing into another failure. Also note Paul Scott was shorting LRM. Think Paul’s a decent chap, but hate the whole concept of shorting, so not sorry to see shorters get burnt! I’m out in the morning. Been a decade of involvement for me with LRM, so sad to see it lose independence, but I suspect it’ll do better as part of a larger entity. Not my most profitable investment, but it’s not been too bad either. A 90% return in the last few weeks has helped! GLA with whatever you move onto next. Techno

[techno20] 11/1/2018 13:24

Looks like a reasonable outcome given the current performance, but agree it's a shame to see another UK IT business taken out. Tell it AII - be interested in your thoughts, if you can comment. Any likelihood of other interest?

[stentorian] 11/1/2018 09:52

...unless you are ohmymel or opodio

[aishah] 11/1/2018 09:25

Yes. Hope no one was short here.

[chrisdgb] 11/1/2018 07:39

Shame to see another one leave the market........

[tell it as it is] 22/12/2017 13:28

Go and Short Bitcoin. Better opportunity !

[dlku] 15/12/2017 06:48

I don't think its another Globo

[wolfhound1] 12/12/2017 15:39

Nomad likely to push a heavily discounted rights issue for a juicy underwriting premium - they will have challenge - CEO will need to fall on sword and a new CEO appointed

[brownie69] 12/12/2017 13:07

So I'd imagine that the price of an emergency funding round will be the CEO's head on a pole and a deep discount.
Is there anyone credible on the board who could see it through such a process?

Otherwise hard to disagree, it must be out of cash and thus will go bust.

[chimers] 12/12/2017 10:44

Aaaaaannnnnnd..............RELAX....

[chimers] 12/12/2017 10:38

So ehhhhhhh....is what I said would happen happening ? or is what all the rest of you said , whats happeni.....................ahh .............ok.............what I said.
Fair enough , just checking.

[wolfhound1] 12/12/2017 10:05

Most likely Santa will deliver a Rights Issue for 2018.... they should rename it Robinsons .....cos shareholders are about to be diluted

[tell it as it is] 12/12/2017 09:30

I received a call from a Trading salesman asking if I knew what a Santa rally was. At 6p bid Santa seems to have forgotten LRM this year. Or perhaps the reindeer will still make it to them if they can announce a big deal soon ?

[chimers] 28/11/2017 10:00

So ehhhhhhh....is what I said would happen happening ? or is what all the rest of you said , whats happeni.....................ahh .............ok.............what I said.
Fair enough , just checking.

[tell it as it is] 13/11/2017 13:55

The Custody Risk award is good news. They won it three years ago but a competitor won it in the last two years.