Rbg Share Discussion Threads

[scubadiverr] 02/5/2020 09:24

https://www.lawgazette.co.uk/news/rosenblatt-parent-group-sets-up-litigation-funder/5104120.article

[scubadiverr] 30/4/2020 21:34

Thought there was a funny pattern to trades today. Onwards and upwards.

[scubadiverr] 30/4/2020 21:32

It's good news. I don't follow him anymore but initially became aware of RBGP when he bought back in following selling his IPO shares at a loss. I think we will see greater interest in this relatively unknown company that has huge prospects and also a possible healthy dividend, that although yet to be declared, is likely with business going well and the business well placed to benefit from current disruption, plus the divi is used as a profit share for partners.

[johndoe23] 30/4/2020 19:41

Maybe, maybe not. He may well have bought in at 60p or less, meaning any rise from here could get sold in to. But I know what you mean, he certainly has an enviable record and RBGP are a company I've kept a watchful eye on...

[sphere25] 30/4/2020 17:04

Tipped by Robbie Burns aka Naked Trader.

That likely means there will be a bid tomorrow morning, because he's a jammy git. Ok ok, maybe not, but it likely means the stock continues the uptrend.

You lucky lucky people!

[elsa7878] 21/4/2020 09:46

What a reassuring set of results and update. Impressive.

[scubadiverr] 18/4/2020 10:27

https://www.reinsurancene.ws/increased-litigation-levels-to-emerge-from-covid-19-analysts/

[scubadiverr] 17/4/2020 11:12

A nice update yesterday. I see from the CEO's statement that their win rate, when it is their money on the line has improved to c. 86% from 84%. It would seem logical that this metric may further improve with a likely increase in disputes arising from the current business disruption and a greater need for these businesses to litigate in a way that doesn't put further strain on their balance sheets. I look forward the the upcoming results next week and think RBGP are very well placed to prosper.

[scubadiverr] 09/4/2020 18:46

Wasn't expecting the market to start to catch on quite so quick. I also that Convex may also do better than expected. K3C seems to have caught investors attention today, I believe they are similar to Convex but perhaps lacking comparitively in in-house legal support the Rossenblatt can provide.Slightly off-subject, I see that FCRM are attempting to battle off a hostile takeover. This could be a sign that M&A activity may actually increase due to current low market valuations. Now if Convex could find a buyer for FCRM willing to pay more, that would be a result.

[mashman] 09/4/2020 18:40

Well I soaked up a bit of that loose stock today to help fill that gap above. Happy bank holiday chaps. Stay safe

[scubadiverr] 09/4/2020 10:08

https://www.law360.com/legalethics/articles/1261213/third-party-funders-business-is-booming-during-pandemicI'm amazed that this isn't moving up with the rest of the market. It must be one on few companies that can actually do better due to current disruptions. Dispute resolution, debt recovery, business restructuring are all likely to experience greater demand. Sure, some clients may be strapped for cash but RBGP are able to fund cases themselves that they believe have a high probability of winning and take a greater fee thus increases their already high margins. According to last annual results presentation they win 84% of these cases and can, should they want, work with other litigation funders to derisk their own investments in thier own cases or apply for funding from others to take on new cases so they are paid regardless and make the most of the likely increased demand.Surely only a matter of time before the rest of the market catches on.

[elsa7878] 07/4/2020 11:18

Agree - there is a lot around. Curious as to who is selling as most small caps have rallied like crazy in the last few days (rightly or wrongly)...Still I'm happy with the update.

[qs99] 06/4/2020 08:20

shed load of stock around IMO....not sure this will move until that is hoovered up? DYOR

[tallprawn] 06/4/2020 08:06

Nice update return to 75p-80p now on.

[quepassa] 04/4/2020 11:50

"More complicated now" .

Indeed.

Following a recent survey by The Bar Council, an article appeared two days ago about the impact of the corona virus crisis on barristers' chambers in The Law Society Gazette.

The article is headed:


"81% of chambers will fold within a year, Bar Council survey finds".

Read the The Law Society Gazette article here:-

hXXps://www.lawgazette.co.uk/news/81-of-chambers-will-fold-within-a-year-bar-council-survey-finds/5103761.article


ALL IMO. DYOR.
QP

[elsa7878] 03/4/2020 16:03

I have a small shareholding which was recently bought. I find it hard to encourage anyone to buy anything in this climate. But if you have some spare cash (and luckily I do) then I am happy to add now and again in a few months etc. Some companies will survive and this has a solid balance sheet, smart management and a fantastic list of clients. When this is all over I'm sure they will thrive. It might take several years to get to 100p again (I think the virus will be with us for 18 months minimum) but the returns will be excellent from here...I hope!
I also know several barristers. Cases are ongoing though it is clearly more complicated now. Would anyone expect otherwise?

[quepassa] 03/4/2020 10:48

Fascinating sector article in today's FT (page 12), headed "Norton Rose calls on staff to work 4-day week" in light of weakening demand for legal services.

The FT article commences "Norton Rose Fulbright has become the first large UK law firm to ask staff to cut their hours in an effort to protect revenues and jobs during the coronavirus crisis".

The FT article quotes a managing partner of Norton's who says " This is the calm before the storm. Some parts of the business are busy helping clients but of course we are expecting to see a slowdown". The FT continues "He added clients were also requesting longer to pay".

Elsewhere the FT article writes "Law firm Allen & Overy this week confirmed it had asked partners to inject capital into the firm...."

The same FT article also comments that "US law firm Cadwalader informed staff they would face pay-cuts of between 10 and 25% for the duration of the crisis".


See FT article for full contents and full context.

Important sector feedback.


ALL IMO. DYOR.
QP

[qs99] 02/4/2020 15:52

Thanks ian....as I said, I like the value it is now showing at this level, especially after the recent deal, done at a decent share price and level of consideration so they are "in it" for the long haul to get that value back IMO.

Just think the economic back drop may make it harder to make hay as a business in the short term.

let's see
have a good evening and stay safe one and all

[elsa7878] 02/4/2020 15:42

Oh - not sure - only ever been premium...so possible you're right.

Alternatively from recollection Ian's email is on the RBG website.

[scubadiverr] 02/4/2020 15:38

Thanks but do you not need to be a premium member? It never seems to work.

[elsa7878] 02/4/2020 15:33

You can always send him a private message. Click on the > sign after his name and select send message from the drop down menu. Voila.

[ianr5] 02/4/2020 13:39

scubadiverr you can certainly email me and go from there
as to QS99 first there's a close period, second most senior people are in a concert party

[qs99] 02/4/2020 13:12

How much value do people see at this level? M&A must be shot for the business at the moment and for a while I am sure. How much of the litigation business will be "slowed"? Reference Burford this morning. While long-term I think these look great value, short-term I wonder if they could go lower.

not exactly seen a raft of director buying, but maybe in a close period?

DYOR and thanks for views in advance!!

[scubadiverr] 02/4/2020 12:47

You suggested earlier in this thread that we should call you, although contact numbers are not available on the website. I don't recommend that you post your number here and I'm not a premium member so am unable to initiate contact with you. If you could message me it would be appreciated.

[ianr5] 02/4/2020 10:43

riverman77 as I say, be patient