Rbg Share Discussion Threads

[mashman] 03/2/2021 14:23

I see Rosenblatt Law represented/ are representing Simon Cowell. That a yes for me.


If you're on the register on Friday yield is ~4%

Then post Divi dip it onwards and upwards.

Happy days

[scubadiverr] 03/2/2021 13:51

I liked the detail regarding the 7 cases that lionfish had taken on during the year. At first glance 7 looks fairly underwhelming, but when you factor that they had, I believe, 340 enquiries, that means they only only took on what they consider the be the best 2% of opportunies. I guess there are two ways of looking at this. Either, their success rate should be astronomical when compared to BUR or LIT, or that their screening criteria is too stringent and that opportunies are being missed. I remember a comment, I think from Chris Bogart, who said that all lawyers will admit that they've lost cases that they should have won and won cases that they should have lost. Maybe the current attrition rate is the best strategy suited to the current finance they have to deploy and that once this has been compounded they will take on a greater percentage of available cases. Either way was was very pleased with what I heard and consider this a very good longterm hold.

[flagon] 03/2/2021 12:40

Liked the presentation this morning.

N+1 Singer forecast for FY2021 are 7.3p EPS & 4.4p dividend.

At 83p offered implies a forward PE of 11.3 & yield of 5.3%. Analysts ... "still keeping a level of conservatism in the numbers".

It's all here ... net cash, growing on multiple fronts, clued up conservative BOD, cheap metrics etc

Happy. GLA.

[maddox] 03/2/2021 11:45

Excellent Webmeeting hosted by Investor Meet Company - put a lot of colour on the recent Trading Update. Nicola Fulston comes across very well, answered all the questions fully and with a lot of 'authority'.

The business appears very undervalued just based on the core lines of business, factor in:

>> Four new partners joining to enter new areas - Employment, New Competition Law, Re-structuring and Real Estate.

>> Corporate M&A deals - growing activity ahead of possible CGT changes.

>> The large litigation cases - £120m (stated value) with 80%+ likelihood of success, based on past performance, albeit with totally uncertain timescale.

So, outlook is looking extremely positive, current valuation underpinned by an attractive yield, downside risk limited, and possibility of 'lottery scale' case wins.

All highly positive IMHO any other thoughts, observations?

Regards, Maddox

[qs99] 03/2/2021 09:12

Defo think this is heading back towards a quid....DYOR

[qs99] 03/2/2021 08:09

tft, I agree, think i said above, that these director purchases (some today) should provide some nice support to the tightly held shares over 2021 and beyond. Really neat idea, as long as the tie up and then sale of them is managed correctly....

DYOR

[thirty fifty twenty] 02/2/2021 19:57

2 points re RBGP that i've not seen commented on...

(1) the next Convex deal is awaiting MMC clearance - does this imply it is a fairly big transaction to warrant MMC involvement?

(2) the new payment structure will mean that there could be c.£2m of director share purchases in 2021. given that the share register is quite tight i think this is a nice support for the price in the months ahead

All IMHO, DYOR + BoL
RBGP is in my top5 hldgs

[maddox] 02/2/2021 15:20

Well thank you scuba that's very kind of you. I try to keep my posts positive and share insights and info that will get a constructive discussion going.

[scubadiverr] 02/2/2021 13:35

I'm glad your on board. A high quality contributor to many boards imo

[maddox] 02/2/2021 13:32

IC's Simon Thompson tips RBGP - BUY - share price target 100p.

[toptomcat] 02/2/2021 12:44

Also no consistency where articles are posted anymore and when pages are updated!

[thaiger] 02/2/2021 12:24

Webina tomorrow 10.00-11.00amcan register at InvestormeetCompany

[toptomcat] 02/2/2021 12:10

Has ST moved away from his regular 12pm slot? Seems to be mixing it up a bit recently!

[johndoe23] 02/2/2021 11:40

Yes, maintains his 100p target price. Certainly not unreasonable...

[riverman77] 02/2/2021 11:31

Tipped by Simon Thompson explains today's rise.

[qs99] 02/2/2021 11:10

Mini-boom moment...ahem....

[its the oxman] 02/2/2021 10:14

Looking good for a move into 80s pre results. Then a bit of a whoosh hopefully.

[qs99] 01/2/2021 15:12

Indeed....chugging along v. nicely

[mashman] 01/2/2021 13:15

4% yield sure looks juicy

[qs99] 01/2/2021 12:33

£9.4m EBTIDA for 2021 FYE with net cash on board, so market cap currently IMO of c.£50m just looks too low as this begins its recovery

also IMO the p/e world is flush with cash, so M&A will be motoring....

DYOR and am in for the yield and growth and see £1+ as short-term target this year

Cheers
QS99

[johndoe23] 29/1/2021 11:59

Probably Monday

[scubadiverr] 28/1/2021 11:55

I would be nice if Simon Thomson highlights this in the Investors Chronicle. Can't see anything yet

[flagon] 28/1/2021 11:51

There is an updated broker note from N+1 Singer this morning.

This is the gist of it -


RBG Holdings’ FY20 update shows the Group is trading ahead of our current forecasts, and we upgrade accordingly. We increase revenues +3.7%/+4.1% (£25.5m FY20E/£28.0m FY21E) and Adj. EBITDA +5.1%/+5.4% (£7.1m FY20E/£9.4m FY21E). Net cash is expected to be substantially ahead at £3.5m FY20E (prev. est. £1.1m net debt).

[scooper72] 28/1/2021 11:09

Similar feeling. Wish I had traded this on some of the dips over the last 12 months or so. Sometimes we need to leave the stock screen alone and get on with the day job.

[indigocarmine] 28/1/2021 10:44

Well at least something in my portfolio has gone massively blue...