Rbg Share Discussion Threads

[its the oxman] 21/1/2021 09:30

Quite a bit of chart resistance 70-80p. May need a positive update to break clear / above this. Meantime things look to bode well.

[flagon] 21/1/2021 08:24

Trading update from Keystone Law this morning -

Further to our Trading Update issued on 30 November 2020, the Board is pleased to report that trading throughout December and early January has been exceptionally strong. Unlike previous years, where the Christmas season normally experiences a slowdown in activity, performance levels continued to be high throughout and as a result, the Board now expects to report adjusted profit before tax for the period which will be materially ahead of current market expectations(1).



James Knight, Chief Executive Officer of Keystone, said: "I am delighted that we are ending the year on such a positive note. In what has been a very difficult year for many the core attributes of the Keystone model have really come to the fore. The investment we have made over many years, in both the technology and the culture, has ensured that our lawyers have been fully operational all year and have continued to deliver high quality legal services to our clients. Having said that, the strength of trading over the past two months has somewhat taken us by surprise."

[its the oxman] 19/1/2021 12:26

True , but bought c.60p thinking very oversold with 70-90p range easily achievable provided no profit warning. Looks increasingly like that's the case and given begbies price is spiking now, the convex deal looks to be making everyone involved a winner so that has to bode very well for that part of the business and reputation. If that's a ramp I guess it is. Let's see what the trading update brings. Outlook will be key.

[jamessmith23] 19/1/2021 11:56

This share seems to turning around on its own, I think it's solid enough that it doesn't need rampy posts to get it moving.

[its the oxman] 19/1/2021 11:17

Back into the 70s soon. Possibly more if trading is good.

[qs99] 19/1/2021 09:41

Still can buy plenty of shares under the offer so no sure it will get squeezed just yet, but moving nicely ahead of the TU none the less DYOR

[its the oxman] 18/1/2021 23:04

Convex, cvr, begbies deal will add further confidence to the rise. Underpins belief in further convex pipeline of deals and could very likely lead to further business for them. Should be a very positive development.

[flagon] 18/1/2021 22:12

28/1 is the scheduled date for the next TU.

Link :

[scubadiverr] 18/1/2021 22:07

Maybe not chosen, may have even originated the deal

[scubadiverr] 18/1/2021 22:05

Was on 24th Jan last year so expecting similar. Pleased to hear Convex were chosen to advise on the Begbies acquisition. It could be a very positive update with news of a reinstated dividend

[qs99] 18/1/2021 20:03

Great, also are we not due a TU soon?

[yellowdog] 18/1/2021 20:02

Convex advised CVR Global on it's sale to Begbies £21m Large commission for RGB

That's the reason for the recent rise.

[qs99] 18/1/2021 11:51

Chugging away nicely

[its the oxman] 18/1/2021 10:57

Just happy to be over my in price of c.60p. Long way to go hopefully if overhang is gone.

[sphere25] 18/1/2021 10:54

Price has moved well here.

That move has caught me off guard - didn't expect Premier Miton to pull the offer that quickly. Hard to know how many any seller wants to sell. Unsure if they are done, pulling the offer temporarily ahead of a trading update, backdoor exchanges done or some delayed prints to be issued.

Nonetheless, well done if you caught this move. Another short term profitable opportunity.

All imo
DYOR

[flagon] 18/1/2021 09:58

Buying continues this morning ...

[its the oxman] 15/1/2021 23:37

Nice to finally see a bit of buying. Here's hoping the update gives a further boost, should be plenty to go even if it's only half decent.

[ptolemy] 15/1/2021 11:18

I've posted a Tweet about RBG Holding.

[qs99] 15/1/2021 10:40

Agreed looks oversold, has been on my watch list and have bought a few ahead of what normally (DYOR) is a Jan update

[flagon] 15/1/2021 08:58

Starting to move now ... noticed it had been mentioned on Twitter quite a bit recently.

[tole] 15/1/2021 08:57

Jumped in with a few today..

[elsa7878] 12/1/2021 18:01

ISELRO is the insolvency arm and launched in July not May.
It is part of Lionfish (which was set up as a separate entity in May), which in the October update had had 2 realisations of £1.1 million.
So think whoever it was had their wires slightly crossed.

[thirty fifty twenty] 12/1/2021 16:32

hi Oxman

at the mello event last night there was a discussion on MANO.
lots of opinion that MANO have no barriers to entry etc...
and currently achieve high margins thus attractive to new entrants.

so this is exactly what RBGP did with their new business ISELRO.

however, one of the attendees commented that ISELRO started in May,
but does not yet have a single client!!
the chair queried who they might know such information...
but it does seem
(1) very unlikely
(2) a possible explanation of the share price malice if their second new business venture has also performed poorly.

All IMHO, DYOR + BoL
RBGP is in my portfolio

[its the oxman] 12/1/2021 14:58

Just hoping the co isn't performing as badly as the share price suggests. Half decent update might create decent buying to mop up MITON. Waiting to see , but also think if you just buy now and roll on a year this will be far higher. Just need to judge your entry price correctly which so far has cost me.