Member Info for JammyC

I'm very pro and have a large holding so may be somewhat biased. For holders/potential new investors I see there is a great opportunity on Monday to see an appraisal/critique of the investment case here via Mello's BASH. I C&P what was posted on another forum and fully recommended the experience having signed up for a previous event:

Just to let shareholders know that we will be featuring RBG Holdings in the #MelloMonday show this coming Monday evening In the MelloBASH (Buy, Avoid, Sell or Hold) panel session. We have a very good panel of analysts and professional investors

Https://melloevents.com/mellomonday-8th-february-2021/

Tickets are still available and if you would like one at half price then enter the code MMTADVFN50

Here is the full programme as it is nearly a four hour show...

Programme
6 pm Mello News
6.10 pm Aquis Exchange PLC - AQSE: new opportunities
6.30 pm Interview with Sir* David Hornsby from Ideagen ... *If only Mello investors awarded knighthoods!?
7.00 pm Company presentation by Adept Technology Group
7.30 pm Trading update and meet the new CEO of SCS, Steve Carson
7.55 pm Gamechanger - Join us on Tuesday at 2 pm for a follow up and more in-depth presentation by our Gamechanger
8.15 pm Vectorvest - Low risk investing for consistent growth and income
8.45 pm Mello BASH, including Paul Scott, Alan Charlton, Kevin Taylor and Bruce Packard. Companies which may be analysed include Bank of Georgia (BGEO), Xpediator (XPD), RBG Holdings (RBGP)

I have to agree with you there Forensic. Very refreshing and good to see management who are transparent, appear conservative in their accounting, and are aligned with PI's. Nicky comes across as being particularly commercially savvy and owns 13.5% of the group. Ian Rossenblatt has just shy of 20% and Mike Driver, CEO of Convex, 2.7%.

TBTT - Already am. Had 7.6% of my portfolio in THS and wanted some more exposure to PGM's due to further potential upside in demand, so taken further 2% in SLP. Feel that THS is the better value of the 2 but though it best to diversify a little, especially with SLP having the better broker/pundit coverage. Downside of remains of SA political/taxation risk however, but with basket prices at all time highs seems a risk worthwhile taking.

Stockopedia has this on a forward PE of 6, PEG of 0.2 and Price to book of 1.08. Whichever your preferred metric this is damn good value

It's looking very bullish, and why I've just joined the club, despite preferring THS. I'm hoping we get a bounce from here although wouldn't be surprised if they attempt a tree shake below the £1. Eitherway - I'll be holding for some time

Luna.. Have you checked out THS? Even better value imo and I'm not knocking this

I would like to see top management take equity rather than a salary so that they're interests are aligned with ours. RBGP have just done this with Convex (where scale of future business is also unknown/under pressure) so see no reason why it shouldn't happen here. It might elliviate some of the damage these low confidence director buys are having

I think we're saying the same thing but calling it different names. I see no evidence of an increase in significant shorts, but I do see sustained downward pressure in a morning before the US open. Rather than short bots I'm calling them HFT bots that are coordinated to lower the SP and pressure weak holders to sell, further putting downward pressure on the SP. With each transaction comprising both a buy and a sell those can be held and transferred to the US now and after results creating a profitable large scale arbitrage, especially if the fruits of past increased deployments are coming through. On results the HFT bots change direction and then all the traders jump on the momentum and the HFT operators who've engineered the fall/movement of equity profit greatly. That's what I'd have done anyway if I had the funds and ability. Transfer to another account (automated by HFT bot) is easy and doesn't have to be reported so long as under thresholds, moving to another jurisdiction I really don't know about and wondered if others here knew a thing of the mechanics.

Although my holding is modest relative to some here it still comprises c. 35% at current SP (and still above my average, although not by much) of my portfolio so definitely has the ability to hinder my reasoning.

before shorttracker (only 2 weeks ago)

I accept the graph shows an increase but the 0.59% dated 28 Jan 2021 shows 0.0% change. I've looked at short tracker a number of times since NY listing and the reporting had appeared to be broken. Increased shorting would explain a fall in price but I don't have confidence in the link, especially when KUVARI PARTNERS LLP 0.59% details change off 0%. I'm pretty sure they had 0.59% shorttracker started showing no shorts (that I think was a glitch). Hope this makes sense!

Getting back to GME and the crazy situation... Another video by Patrick Boyle. I fully recommend people watch no this but his other videos. Really educational and free.

https://youtu.be/-7x_y3ENrMc

Soder.. Did you not see the value they derived from the last acquisition? (to save you time - they didn't) For a business like this I'd normally agree but the management don't have the best history and guess this is why we can still buy this at 75p

I'd be supprised if it's 10% of thier annual salery. I hold MANO (and bought more on day of the fall) but have to agree it's token stuff.

Are you still in? I've not sold a share and feeling a little silly tbh. I think I've only 10% of your holding but the last couple of weeks have hurt dearly. Thankfully, or stupidly I still belive our day will come and know the SP can jump without warning. I guess I've been scared of being out when it does jump and believe the market is nuts for not currently valuing it as i do.

I don't think it's changed sine Dec now I've looked at your link. I've been mystified and also concerned by the recent trend, especially with results still a little off. But have a theory; that bots have working to suppress the sp in the UK in the morning and then these are being transferred to the US in the afternoon, hence why the price is recovering once the US is open. I'm not sure of the mechanics but can see why someone with funds would try to expo it an opportunity. Any thoughts on this?

Get on Reddit and let them know!!! :)

Totally agree. There's a good video here: https://youtu.be/Qi5hTqQFhuA

My thoughts... Someone who has only posted 4 posts, all critical of Burford, has found a link on another forum for an article with a vested interest... Is that you Tumur?

Are you a paid deramper? You seem to have an agenda against the company and have history of attempting to miscomprehend and spin communications negatively. If I were you I'd concentrate on MANO and try not think too much about any losses. You appear bitter and deluded

I hope it don't regret this but couldn't resist topping up. Stockopedia stats on profit warnings suggest I shouldn't have, but I see this as a special scenario. Time will tell