Rbg Share Discussion Threads

[qs99] 26/4/2023 09:10

Results look decent IMO.....getting back to core focus will help IR message IMO.....offloading and paying down debt of litigation arm likewise. DYOR

[kadvfn1] 26/4/2023 08:37

Think the results looks reasonable. Hopefully recovery will be in full swing

[riverman77] 13/4/2023 20:03

Thanks for the info. I hold BUR and think the comparison is apt - will take a closer look (I did hold RBGP a couple of years ago but never really looked into rhe litigation side).

[scubadiverr] 13/4/2023 19:11

Neptune 4.2m
Shango 75m
Mercury 65m

Thats a potential total recovery of £144.2mn according to their historic slides. I see these amounts as headline figures, so assume they only recover 66% of the headline amounts and then account for the historic win rate of 87% on contingent cases (from what I recall), I get a value of £83.6mn.

142.2 x 0.666 x 0.87 = 83.55

Current mcap is what, 37m? Hopefully you can see why I compare to Burford and YPF, yet these recoveries don't add the same risk to the balance sheet as aren't FV'd, like Petersen, should they not conclude in favourable judgments.

[riverman77] 13/4/2023 18:43

Do we have any rough idea what these cases could be worth?

[qs99] 13/4/2023 17:55

that would be the icing on the cake maybe!

[scubadiverr] 13/4/2023 13:42

And let's not forget the potential value of the elephantine cases. They could well be worth more than the current share price alone. A lot like Burford and YPF

[qs99] 13/4/2023 13:09

Lovely bowl forming, should be back past 80p IMO on a decent trading update & concentrate on the lawyering not the speculative litigation stuff....DYOR

[jonwig] 12/4/2023 12:32

Aeonflux - I don't think IanR has the firepower to go private: 18% holding or so. Almost half the shares are held by institutions, and Nicola Foulston still has her 12mn, I'd guess.

[aeonflux] 12/4/2023 12:10

Looks like it's moving up

[qs99] 12/4/2023 11:17

Looks oversold IMO.....hope this is the start of a nice bowl! DYOR

[aeonflux] 06/4/2023 15:27

Has there been any mention of considering that so far? Might make sense.

[quepassa] 06/4/2023 15:26

what's your opinion on that topic please?

[qs99] 06/4/2023 15:17

Anyone think they may take this private? DYOR

[quepassa] 20/3/2023 16:42

well two other posters recently said it was cheap/tempting at 50p.

and that just was within the last few weeks - since which time it has tumbled a whopping 20% or more.

sometimes when things are cheap, they sometimes can have a nasty habit of getting cheaper.



good luck all.


all imo. dyor.
qp

[aeonflux] 20/3/2023 16:16

I think this is a good turnaround stock, once they get the issues with the ex-CEO sorted we may see the share price start to turn. Everyone has good things to say about their companies such as Convex.

With a PE ratio of 5.4 and PEG of 0.2 its cheap.

[quepassa] 20/3/2023 15:12

At 40p , a new ALL TIME LOW.


The share price has tumbled another 25% in just a few weeks.

all imo. dyor.
qp

[elsa7878] 01/3/2023 18:40

Bit of volume recently. Been looking at the recent Stifel research. They are now predicting 7.1p eps for this year (2023) and net debt reducing by £3 million with a dividend of 4.2p. 2024 it's 8p with net debt of £11.5 million and a dividend of 4.8p.
The key to me is to keep the Convex guys happy. It's high margin when the market is right. They're now working on £100 million plus deals at >3% rates.
Not a shareholder yet but I am tempted. Someone buying in batches of first 20,000 shares, then 30,000 and now 35,000. Not huge amounts but interesting.
Rollonfriday...as above.. seems one person with an agenda.

[mashman] 01/3/2023 18:24

rollonfriday only seems to have one commentator.

[simon gordon] 28/2/2023 13:17

Que,

Cheers!!

This comment has an echo with some of the other comments:

"I used to work at Rosenblatt. It is such a weird place, and the senior lawyers are the sort of third rate people who couldn’t make it in a proper firm."

-Anon

[quepassa] 28/2/2023 12:58

following an earlier article dated 3/2/23 , a further rollonfriday article dated 10th. February:-


hXXps://www.rollonfriday.com/news-content/sacked-law-firm-boss-used-n-word-front-black-partner


one can read the article and the comments .


ALL IMO. DYOR.
QP

[bullsvbears] 16/2/2023 17:06

The final dividend (if any) will be paid late this time round, and probably not until into fiscal 23-24,

Hardly a +ve.....