Rbg Share Discussion Threads

[jamessmith23] 19/1/2021 11:56

This share seems to turning around on its own, I think it's solid enough that it doesn't need rampy posts to get it moving.

[its the oxman] 19/1/2021 11:17

Back into the 70s soon. Possibly more if trading is good.

[qs99] 19/1/2021 09:41

Still can buy plenty of shares under the offer so no sure it will get squeezed just yet, but moving nicely ahead of the TU none the less DYOR

[its the oxman] 18/1/2021 23:04

Convex, cvr, begbies deal will add further confidence to the rise. Underpins belief in further convex pipeline of deals and could very likely lead to further business for them. Should be a very positive development.

[flagon] 18/1/2021 22:12

28/1 is the scheduled date for the next TU.

Link :

[scubadiverr] 18/1/2021 22:07

Maybe not chosen, may have even originated the deal

[scubadiverr] 18/1/2021 22:05

Was on 24th Jan last year so expecting similar. Pleased to hear Convex were chosen to advise on the Begbies acquisition. It could be a very positive update with news of a reinstated dividend

[qs99] 18/1/2021 20:03

Great, also are we not due a TU soon?

[yellowdog] 18/1/2021 20:02

Convex advised CVR Global on it's sale to Begbies £21m Large commission for RGB

That's the reason for the recent rise.

[qs99] 18/1/2021 11:51

Chugging away nicely

[its the oxman] 18/1/2021 10:57

Just happy to be over my in price of c.60p. Long way to go hopefully if overhang is gone.

[sphere25] 18/1/2021 10:54

Price has moved well here.

That move has caught me off guard - didn't expect Premier Miton to pull the offer that quickly. Hard to know how many any seller wants to sell. Unsure if they are done, pulling the offer temporarily ahead of a trading update, backdoor exchanges done or some delayed prints to be issued.

Nonetheless, well done if you caught this move. Another short term profitable opportunity.

All imo
DYOR

[flagon] 18/1/2021 09:58

Buying continues this morning ...

[its the oxman] 15/1/2021 23:37

Nice to finally see a bit of buying. Here's hoping the update gives a further boost, should be plenty to go even if it's only half decent.

[ptolemy] 15/1/2021 11:18

I've posted a Tweet about RBG Holding.

[qs99] 15/1/2021 10:40

Agreed looks oversold, has been on my watch list and have bought a few ahead of what normally (DYOR) is a Jan update

[flagon] 15/1/2021 08:58

Starting to move now ... noticed it had been mentioned on Twitter quite a bit recently.

[tole] 15/1/2021 08:57

Jumped in with a few today..

[elsa7878] 12/1/2021 18:01

ISELRO is the insolvency arm and launched in July not May.
It is part of Lionfish (which was set up as a separate entity in May), which in the October update had had 2 realisations of £1.1 million.
So think whoever it was had their wires slightly crossed.

[thirty fifty twenty] 12/1/2021 16:32

hi Oxman

at the mello event last night there was a discussion on MANO.
lots of opinion that MANO have no barriers to entry etc...
and currently achieve high margins thus attractive to new entrants.

so this is exactly what RBGP did with their new business ISELRO.

however, one of the attendees commented that ISELRO started in May,
but does not yet have a single client!!
the chair queried who they might know such information...
but it does seem
(1) very unlikely
(2) a possible explanation of the share price malice if their second new business venture has also performed poorly.

All IMHO, DYOR + BoL
RBGP is in my portfolio

[its the oxman] 12/1/2021 14:58

Just hoping the co isn't performing as badly as the share price suggests. Half decent update might create decent buying to mop up MITON. Waiting to see , but also think if you just buy now and roll on a year this will be far higher. Just need to judge your entry price correctly which so far has cost me.

[sphere25] 12/1/2021 13:18

Don't want to be a spoil sport but Premier Miton have had a recent habit of being spoil sports by selling down in a substantial way with LIT, KMK and TLY being some examples.

They clearly have a sizable position in RBGP which is naturally taking a while to clear. The volumes here in recent weeks would have ordinarily been more than enough to shift the price substantially higher.

On the flip side, we have seen numerous examples recently where a seller in size has provided opportunity too by taking the price down to anomalous levels. The offer needs to be dragged to a level (50p here?) where it can find a floor and entice enough buyers in size to clear out as many as Premier Miton (assuming they are the main drag, which does appear to be the case) to then allow the re-rate.

These illiquid shares are a nightmare to sell at times so trying to sell millions is never going to be easy and clearly they're using the bullish market (and what appears to be a value price) to fill the substantial sell order.

Often the prices just fart about near the lows with some big chunks exchanging causing little pops at times without fully clearing the sellers, but the volume can be monstrous when fully cleared. That's when the sustained move often happens.

Clearly we can never know how many they want to sell but forming a view here based on some of their recent activity and the price action.

No position yet. Price still trending down and not forming a bottom so just watching.

All imo
DYOR

[its the oxman] 11/1/2021 10:54

And hoping MITON aren't intent on selling out completely.

[its the oxman] 11/1/2021 10:50

Not sure what's going on in the background here. Still think this looks massively oversold, small position thankfully but holding on for next newsflow and hopefully a dividend.