Share Name Share Symbol Market Type Share ISIN Share Description
Rbg Holdings Plc LSE:RBGP London Ordinary Share GB00BFM6WL52 ORD GBP0.002
  Price Change % Change Share Price Shares Traded Last Trade
  6.00 10.71% 62.00 1,169,806 16:18:25
Bid Price Offer Price High Price Low Price Open Price
60.00 64.00 62.00 56.00 56.00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 12.53 3.04 3.83 16.2 50
Last Trade Time Trade Type Trade Size Trade Price Currency
17:08:16 O 9,500 62.00 GBX

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Date Time Title Posts
09/4/202018:46Rosenblatt Group Plc220

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Rbg Daily Update: Rbg Holdings Plc is listed in the Support Services sector of the London Stock Exchange with ticker RBGP. The last closing price for Rbg was 56p.
Rbg Holdings Plc has a 4 week average price of 50p and a 12 week average price of 50p.
The 1 year high share price is 126.50p while the 1 year low share price is currently 50p.
There are currently 80,092,106 shares in issue and the average daily traded volume is 234,093 shares. The market capitalisation of Rbg Holdings Plc is £49,657,105.72.
qs99: Thanks I said, I like the value it is now showing at this level, especially after the recent deal, done at a decent share price and level of consideration so they are "in it" for the long haul to get that value back IMO. Just think the economic back drop may make it harder to make hay as a business in the short term. let's see have a good evening and stay safe one and all
quepassa: the share price collapse tells the story. the rest is hot air.
quepassa: ?? 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
quepassa: 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
quepassa: 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
riverman77: I don't think it's independent, so paid for research, but nevertheless it all looks pretty credible and measured. Here is an extract - note the share price was 104p when published so bettdr value now Rosenblatt has reported its maiden results following May’s IPO and subsequent acquisition of the Rosenblatt Solicitors business. The first 8 weeks of trading as a plc have delivered results in-line with our 2018 expectations, driven by a strong delivery in the core Dispute Resolution division. The group has also announced the establishment of a new subsidiary which will act as a litigation funder in its clients’ cases, yielding lucrative funding margins currently paid out to external third parties.  Initial results show a strong start: Rosenblatt has delivered £3.0m (+15.4%) of revenue and £1.0m (+11.6%) of adj EBITDA in its first 8 weeks of trading. Despite the addition of c£0.2m of new plc costs in the period, healthy adj EBITDA margins have been maintained at 33.6%. This reflects both the efficient nature of the cost base in the hourglass model and management’s stringent control of costs. We believe June, along with December, to historically be the company’s strongest months of trading. Valuation: undervaluing a high return model: Rosenblatt currently trades on an ex-cash 2018E* P/E of 12.7x or 10.1x on an EV/EBITDA basis. We consider this to materially undervalue this high margin, cash generative business that is delivering robust growth. We also expect Rosenblatt to reward shareholders with a healthy level of dividend distributions from H2/18E onwards (60%+ payout ratio expected
quepassa: 1. a loss is a loss in my book. pretty pathetic in my opinion that the IPO costs alone knock them into statutory loss. 2. But anyway, for sake of argument, let's take your adjusted pbt figure of £1m against total shares in issue of 80million That equates earnings per share of just 1.25 pence against a current share price of 85p. That means that this share is trading at a Price-Earnings ratio of 68 x (yes SIXTY-EIGHT ) times 3.If we use the statutory loss metrics, then the P-E ratio is negative. Two questions: A). Do you think a P/E ratio of 68x means a share is -cheap, -right or -downright expensive B). If we use the statutory loss figure, we get a NEGATIVE p/e ratio. Do you think that's good? Rosenblatt is not a start-up company where you would in my view expect stratospheric p/e ratios but a well-known and established law firm. Nor is it an embryonic pharma company where you might expect losses in the early years due to R+D. It's been around a long time. Good luck to you but it seems to me that the share remains overpriced in my view. ALL IMO. DYOR. QP
ccurtis1994: Positive results but share price down?
pireric: True, but at least they have some very vague basis for it. Easy to make money when your very presence boosts the share price by 5% and when your sells lead to similar drops. No reason for him not to post trades live, but he doesn't
jonwig: @ John. 2350220 - it took Burford five years before its share price made much headway, and you complain about day one! Don't forget, IPOs are made for the benefit of the sellers, not a bargain for the buyers! @ QuePassa - not often we agree; there are no 'no-brainer' investments, though there are plenty of no-brain investors. I'll follow this as the sector interests me, and how this company unfolds interests me as well.
Rbg share price data is direct from the London Stock Exchange
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