Rbg Share Discussion Threads

[tradingcoder] 06/6/2023 16:49

I guess by that logic, cineworld and purple bricks will be making a recovery soon too.

[tradingcoder] 06/6/2023 16:44

Hasn't he been recommending this since over a £1? Brilliant investor.

[tonytyke2] 06/6/2023 13:56

I don't think Simon Thompson would agree with this, I bought a few.

[aleman] 06/6/2023 13:27

About 17m shares traded in May. (Total is 95m.) If there were no new buyers, where did they go?

[tradingcoder] 06/6/2023 11:44

Agree - there are no new buyers here. Buyers have a choice to invest or look elsewhere. Looking at the graph and recent drama, I'm assuming most investors are going to pass.

[quepassa] 06/6/2023 11:02

Look at the share graph.

Fundamentals might say one thing but the graph is sure saying something very different.

ALL IMO. DYOR.
QP

[peddlers] 02/6/2023 13:08

Topped up today, due to the fundamentals and very low share price.
It could be due to spring up.

Ped

[goldbutler] 02/6/2023 11:49

RBGP 37.40P

At least for Mr Rosenblatt and others it has not ended like Atlantic Computers
OR British & Commonwealth.

The Independent among others has articles for further reading from 29 April 1994 and 21 july 1994

- the last one in particular . yeah and you might even read of Brands Hatch.


This company has an opportunity - its model should be Murgitroyd as previously mentioned. A new Chairman and proper salaried workforce and working environment are fundamental.

[aleman] 01/6/2023 12:41

Selling seems to have stopped AND looks like they've been tipped - probably in the IC again.

[aleman] 24/5/2023 09:23

I see yesterday's notice indicated 16th of June for the dividend. Maybe they just forget to put it in the results.

[quepassa] 24/5/2023 09:21

Check today's trade data for multiple clues.

[lennonsalive] 24/5/2023 09:12

Who's the seller?

[qs99] 19/5/2023 10:23

Looking good still IMO for bounce to carry on into next week and get back to feb 23 levels....DYOR, let's see...

[aspect100] 18/5/2023 17:31

Is this the same dividend? Seems a bit far on in the year.

[aleman] 18/5/2023 09:36

No 50k, 150k, or 1m sells yet. The numbers are looking much more normal today so far. Is the seller done?

[qs99] 18/5/2023 07:20

Nice to see a blue opening, can we get comfortably through 40p this week?

[qs99] 17/5/2023 15:11

Thanks Sphere, really good insight and agree. MMs played a blinder here. If they have trimmed their holdings and seen where that has taken them, common sense would tell them to hold for the increase, then go again if they want out totally. Let's see, eyes peeled as you say.

Good evening to you
Cheers
QS99

[sphere25] 17/5/2023 15:08

Hello QS99,

When we're guessing the seller, let alone how much they want to sell, it is hard to say whether that bounce is sustainable. This share is illiquid too, so when it really wants to go, it moves rapidly on fewer trades. In most of the overhang share situations I have seen, shares like this just go bonkers on a great deal less volume i.e. each price point is bought through quickly with the offer closed off alot quicker at each price point.

Today, it is still taking alot of buying to get it moving. That can often indicate a smaller technical bounce, in a continued downtrend. Clearly this all depends on the wider market and the fundamentals of the business and so on.

I remember this one from the past when Premier Miton were selling down across various holdings. This came right down and I thought they were going to keep selling. They then stopped with no notice, and it just went bonkers higher - completely caught me off guard so I might be wrong.

Alot of trades are delayed too so it is case of seeing if any delayed prints hit. Sometimes the price can move before those prints hit, and then the market cottons on, and the buying picks up.

There is no precise science here. There will be some people in the know as to who is selling down at 32p and how big the sell order is, but for most folk like us, we're trying to form a picture so as to trade it to the best of our abilities.

Well done if you got in here early and hopefully the bounce continues. I am just not sure the seller is done so I take the cautious approach in that situation and wait. Obviously anybody can have a go and use a tight stop too.

Just going to sit and watch now.

Maybe someone else can add more colour to the situation.

Let's see

All imo
DYOR

[aleman] 17/5/2023 15:00

3.15% sold is very close to 3 million shares.

[qs99] 17/5/2023 14:54

Thanks Sphere, really interesting thread. Market seems IMO to think seller is done, hence the material bounce no? DYOR

[dgdg1] 17/5/2023 14:49

Latest RNS showing Cascades bought 8.93%, seemingly from nothing before, with the "person subject to the notification obligation" being Paul Tomlinson (who is that?) - not sure how that tallies with the announcement of 12.12.2022 saying "Following this purchase, Mrs Foulston is beneficially interested in 11,900,264 Ordinary Shares, representing 12.45 per cent. of the issued share capital of the Company including 490,264 Ordinary Shares held in her SIPP and 11,410,000 Ordinary Shares held by Cascades Limited."

[qs99] 17/5/2023 11:59

should be back to 60p minimum IMO....DYOR

[scubadiverr] 17/5/2023 09:53

ADVFN now showing recent trading volumes very different to yesterday evening. Using the historic trading volumes info I see today I don't think it possible 12m could have been sold over last week. 6m max would be my guess. Anyone know of a better tool for viewing historical trading volumes?