Rbg Share Discussion Threads

[nimbo1] 11/9/2019 08:48

moves quickly this one.

[geraldus] 09/9/2019 09:43

I would imagine the new division will be innundated.

[hiraniha] 06/9/2019 15:01

Up 8% this afternoon.Something's stirring.

[geraldus] 05/9/2019 13:38

Had some earlier at 78.98p.Results due in the next fortnight.GLS

[nimbo1] 05/9/2019 13:21

I've just bought some at 79. I enjoyed the last run from 80-110p...no reason it can't happen again.

[hiraniha] 21/8/2019 19:34

Bought into it at 82 pence.Looking at a near five per cent yield on this.

[quepassa] 09/8/2019 09:47

If you want more about push-pull factors in addition to Burford which are likely harbingers of sector sentiment, there is an excellent/unmissable two-thirds of a page article in today's FT, Page 15, entitled "BURFORD PUTS LITIGATION FUNDING IN THE SPOTLIGHT".

The FT article mentions inter alia:-

Juridica which went into receivership earlier this year
Calunius Capital not investing in new cases
Vannin Capital which shelved its immediate IPO plans
Potential increased scrutiny of the sector raising spectre of more regulation
The recent ALM Intelligence survey of 330 lawyers where 61% or respondents said they had ethical concerns about using litigation funding


Please read the FT article for full context.

good luck.

all imo. dyor.
qp

[quepassa] 09/8/2019 05:41

??

i was reflecting upon the recent, real demise in the share price from 125p to 85p.

That happened and that's fact.

It seems to have been driven by Burford.

You may be right but on balance, I would say that yesterday's movement was just a bounce driven by bottom-fishers.

Overall, I think this sector is in for a panning and sentiment will continue to ebb.

good luck all.

all imo. dyor.
qp

[scubadiverr] 08/8/2019 21:52

QuePassa - With the hindsight of today's trading, do you think you may have called the demise a little early. You wouldn't have been thinking that perhaps a perceived weakness in BUR would be a potential opportunity for RGBP and wish to get a better price?

all imo. dyor.

[geraldus] 08/8/2019 07:52

Yes definitely gone down with the rest, even though they have only just started down the litigation road.Floated at 95p and enjoyed a brief high rating and now back to earth.Director bought 350k at a quid,he must have faith.

[quepassa] 08/8/2019 07:33

maybe.

but you miss the point.

however robust rosenblatt may or may not be, it is SECTOR SENTIMENT which heavily influences share prices and share price movements.

hence recent price movements probably.

question for you.

how do you account for rosenblatt's 30%+ share price tumble from circa 125p in early June to the current 80/85p if not by sector sentiment?

is that fall primarily on fundamentals or sector sentiment or something else?



ALL IMO. DYOR.
QP

[geraldus] 08/8/2019 07:16

Watching the Mello presentation post above they explain how they differ from Burford.The recent trading statement stated they would update investors on their litigation accounting methodology with the interim results.Totally different approach.

[quepassa] 08/8/2019 06:34

Much in today's FT about the Burford Capital share price collapse following the devastating Muddy Waters analysis and attack.

One sector related comment on page 12 in the revered Lex Column is of particular note:

"The (Burford)share price slump lends weight to the thesis that a speculative bubble had inflated, and may now be popping, in the UK and US litigation businesses".


One thing is for sure in my opinion, the Burford Capital share price collapse will have likely smashed investor sentiment in the sector and many institutional investors will probably be thinking about making swift headway towards the exit doors.


ALL IMO. DYOR.
QP

[geraldus] 07/8/2019 09:20

A touch of the Burfords now?

[jamesbone] 05/8/2019 14:52

Never mind the trading update and the excuse that is Brexit uncertainty (which evoked the spirit of 2009), a change of adviser will always spook the market. The market asks, "why?" Particularly when the adviser being jettisoned is Cenkos, the relevant personnel there having been known to RBGP for two decades and having been responsible for the IPO, and its replacement is not exactly a name to conjure with. The market might speculate that a rift had developed between Cenkos and the company? I have no crystal ball, just a nose for a good business. Do your own research and good luck to those holding - long or short.

[riverman77] 01/8/2019 15:24

Just double checked and the corproate division makes up just 15% of revenues so really not concerned about some short term weakness there.

[geraldus] 01/8/2019 15:07

The Brexit uncertainity mentioned is obviously enough.The market only needs to get a sniff.

[riverman77] 01/8/2019 14:19

They mention challenging conditions in the corporate side, but that was already known and makes up quite a small part of the business (and the least interesting part). The litigation side, which I an interested in, is doing fine. Can't see this being affected by Brexit.

[geraldus] 01/8/2019 14:10

A case of Brexitosis.

[riverman77] 01/8/2019 13:44

Can't see anything wrong with the update, all seems to be in line.

[scubadiverr] 24/7/2019 18:26

Thanks. Gives me confidence to hold and await a return of sentiment

[martywidget] 20/7/2019 07:27

tomps2, many thanks for the link to the presentation.

Hope others that watch it find it useful/interesting too.

[tomps2] 19/7/2019 12:21

RBGP presentation at Mello May 19

[hiraniha] 12/6/2019 21:04

Bought this at 80 pence earlier this year, purely based on the number of litigation firms listing on the UK market these days.This one passed the test for me, particularly after seeing them at Mello. Happy to holdMANO doing exceptionally well for me. Doubled within six months.