Rbg Share Discussion Threads

[farrugia] 02/12/2024 11:07

signs of life?

[quepassa] 26/11/2024 08:31

It is interesting to view the Readers Comments in The Law Gazette article relating to above:-

hXXps://www.lawgazette.co.uk/


All Imo.Dyor
QP

[quepassa] 26/11/2024 08:20

SKY NEWS article yesterday headed:-

"City lawyer Rosenblatt launches boardroom coup attempt"

hXXps://news.sky.com/story/city-lawyer-rosenblatt-launches-boardroom-coup-attempt-13260539


Widely echoed in other news media.


ALL IMO. DYOR.
QP

[shep22] 08/11/2024 11:51

Yes you're right.

[quepassa] 05/11/2024 18:54

Incorrect.

It was floated six-and-a-half years ago in May 2018

[shep22] 05/11/2024 18:21

This is nonsense, RBG was floated only 5 years ago, 🙄 😒 a complete fiasco from beginning to end.

[johndoe23] 09/10/2024 12:56

I mean on a 10 year chart the price is basically the same as it was 10 years ago

[tradingcoder] 09/10/2024 12:31

A lot of Stockholm syndrome in here..

[quepassa] 09/10/2024 11:31

Nonsense.

Unlike this Company, the vast majority of AIM companies -or for that matter FTSE100/250 companies- HAVE NOT lost 97% of their value in just 6 years.

Flat performance would mean 95p not today's tuppence.

Shameful performance.

ALL IMO. DYOR.
QP

[johndoe23] 09/10/2024 11:03

AIM has basically been flat for 10 years

[farrugia] 09/10/2024 10:58

it is what has happened to most other companies quepassa - investing in UK has been truly miserable even though you wouldn't think it if you checked the FTSE 100/FTSE 250

[quepassa] 09/10/2024 10:37

This Company was admitted to AIM in May 2018 at a Placing price of 95p.

The share price today is tuppence.

Yes 2p.

Original investors /shareholders have lost 97% of their money.

All. IMO. DYOR.
QP

[farrugia] 08/10/2024 15:38

its just another smallish director buy no? what do you mean by TO bensdad?

[mashman] 08/10/2024 13:50

Can Anyone explain today's RNS? Why would you announce that? I don't understand.

[bensdad2] 08/10/2024 09:25

Agreed, Farrugia. I could see the share price going either way from here TBH. Net debt is over £24! So it could go bust. But the two law firms which underlie the Plc are well-respected, and together they have a TO of £18m. So arguably a market cap of about £3m is too low.

[farrugia] 07/10/2024 16:58

the small buying is negligible though

[bensdad2] 07/10/2024 16:50

Interesting RNS just before 5pm. The massive selling on Friday was down to Dowgate. They are not completely out yet, but they have less than 3% now, so I guess that any further selling on their part will not being RNS'd.Anyway, the fact that they are out or nearly out, plus some small buying by one of the directors, may well see this move up tomorrow. It is pretty much priced to fail, so if it can survive and recover, there is some real money to be made from here. High risk though.

[farrugia] 04/10/2024 18:09

this in retrospect was a trap. I wonder how many investors were tempted to buy the dip?

[shep22] 04/10/2024 16:44

As the directors know but will not say, RBG is insolvent.

[riverman77] 04/10/2024 15:50

Burford is litigation finance (funding legal cases) so very different to a legal services provider such as RBGP. That said, BUR has stagnated for years now and I also have concerns about the level of remuneration eating into profits.

[farrugia] 04/10/2024 15:26

but surely Rosenblatt owns a bit chunk of this and doesn't want it to fail?

[farrugia] 04/10/2024 15:22

well look at Burford Capital - that seems to be working so far for shareholders?

[riverman77] 04/10/2024 14:45

Exactly - all the money will inevitably go to the lawyers NOT the shareholders. That's why I now completely avoid the legal sector. RBGP itself looks on the brink of insolvency given its huge debt and continued losses.

[farrugia] 04/10/2024 12:50

why is it a garbage? Lawyers are known to charge an arm and a leg and are always in demand.

[semperlucrum] 04/10/2024 12:29

Wht on earth would ppl buy this garbage?