Rbg Share Discussion Threads

[se81] 10/7/2023 09:35

Ah Inflexion in talks to buy DWF



Starting to see value in the UK listed law firms?

[se81] 10/7/2023 09:28

Starting to move here off the back of DWF? (takeover bid coming in at DWF?- can't see any news?)

[tomtrudgian] 09/7/2023 06:48

It seems I have made a reading mistake, and the significant two shareholdings are still Ian Rosenblatt and Premier Milton. So sorry, quePassa et al.

[tomtrudgian] 07/7/2023 14:09

Much seems to be changing today. There are now three other shareholder with holdings with in excess of that of the previous CEO. Not reliable however. Why? Anyone can buy extra shares, or new shares, in the major share holders without any requirement for a RSB announcement, whether RBG directors or not.

[quepassa] 07/7/2023 12:05

Shareholders and their percentages are based on official RBG Holdings Plc website information which I have presumed is up to date.

This is the source of my information.

There have been zero RNS announcements to indicate changes to shareholder percentages since 17/5/2023.


If there have been significant changes to shareholdings as you appear to suggest, I can trace no official information or announcement to that effect.

You are referred to the Company website. Navigate to the Investors Tab and then go to Shareholder Information.

If you believe there are changes to shareholdings not reflected in the Company website, please support/substantiate with concrete written evidence.


ALL IMO. DYOR.
QP

[shep22] 07/7/2023 11:45

I forecated 20p 2 months ago.

[tomtrudgian] 07/7/2023 11:14

I hope, quepassa, you know perfectly well that I was not remotely irritated by your comments. Quite the reverse. However I do hope your reply to Elsa does not dissuade him or her from his or her interesting postings.

Now, what most including myself wish to know is who do you think are the two shareholdings you said were larger than the ex-CEO’s? Or was this a guess or a fat finger? If so, say so. One is surely not Ian Rosenblatt against whose shares RSBC have cancelled their previous charge. In the employment court deposition he stated he had had no management responsibilities for >6 years. Not now a director anyway. Better things to do with his charitable music activities, and why not?

[quepassa] 07/7/2023 09:48

you'd best be guided by your own experiences in the sector.

[xenomorph1] 07/7/2023 09:38

so when we should enter? Under 20p?

[quepassa] 07/7/2023 08:59

Don't be irritated. It's good to share knowledge. It's not a competition.


A real slap across the face, in my view, to be shut out of the AGM on a technicality.

Especially taking into account that this is behind the third largest shareholding.


ALL IMO. DYOR.
QP

[churchharbour] 07/7/2023 08:54

I'm wondering if the employment law skirmish involving a Law Firm ( who should be capable of resolving it ) might be chaff and the focus should really be on the extent to which the combined entity remains profitable !

[tomtrudgian] 07/7/2023 08:27

Really irritating to find you, as always, correct quePassa! Actually the RBG Articles of Association, like most or all, provide that admittance to an AGM is at the company’s discretion, doubtless to protect themselves from STOP OIL or other protestors. All shareholders may of course vote, which can be done before the meeting.

I just cannot believe NH would or could go away, and personally hope she does not.
Tom

[quepassa] 07/7/2023 07:41

According to the RBG website (which one presumes is up to date), it states that Foulston, in addition to the 8.93% held in family trust Cascades, that she also personally holds 0.51% in her SIPP.

De facto, The Company knows this, if it is on their website.



Personally, I have never been refused admittance to any AGM when I have explained that my holdings are nominee holdings in a SIPP or ISA without the need to provide documentation from the nominees.


ALL IMO. DYOR.
QP

[tomtrudgian] 07/7/2023 07:02

Nicola Mary Foulston no longer held any RPG herself personally at the date of the AGM. That’s why she was not admitted to the AGM. She still held a large holding as trustee however which she was able to vote, which she did against three of the AGM resolutions, as reported.

RSBC bank extinguished their remaining security over Ian Isaac Rosenblatt’s shares in, from memory, Feb 2023. This may, or may not, mean that he no longer has a personal shareholding.

Some may agree with me that recent misogynistic comments are inappropriate. The only hope for a substantial re-rating of the share price may be if Nicola Foulston is able to fund a takeover as CEO.

[shep22] 06/7/2023 16:37

No I am Nicky's dog, Shep

[shep22] 05/7/2023 08:22

No she has not Ian.

[nakedmolerat] 04/7/2023 15:49

has the ratbag sold out yet?

[aleman] 04/7/2023 09:30

Two busy spells of trading complete now. One had pushing 25m shares traded and the latest one had around 12m shares traded. There still seems an odd lack of holdings RNSs.

[dayraider1] 04/7/2023 09:23

My guess is it's just Foulston dumping her shares. She'll run out eventually. Then the price will reflect the EBITDA.

[dayraider1] 04/7/2023 09:21

I claim my prize! Your Nicky Foulston!

[shep22] 03/7/2023 16:03

Dead cat bounce, all sorts of rumours circulating.

[churchharbour] 02/7/2023 09:08

Perhaps it's like suffering from an Odey forced sale and the bounce follows when the selling nears an end

[tomtrudgian] 02/7/2023 08:53

No sorry, I assumed they were bouncers stopping NH from coming in! Anyway we know she turned up and was denied entrance.
It seems she was refused because she no longer held shares personally, but only as part of a family trust, so could not sell those, if indeed she wanted to, without approval of the other beneficiary trustees. The only importance is that I now assume this year’s share sellers were mainly the bank of Ian Rosenblatt, doubtless in dribs and drabs as the value of their security fell with the falling share price. Banks cannot force shareholders to sell pledged shares unless the bank’s security cover is negative.

So one can guess that the share price will rise strongly, at least in next month or two, as the legal side appears well profitable and cash generative.
Tom

[quepassa] 01/7/2023 12:57

HELL HATH NO FURY LIKE A WOMAN SCORNED.