2954 days ago
Under its old management led by John Wisbey, Lombard Risk Management (LRM) used to make profits and pay dividends. How fucking old hat and boring is that? Think like a millennial and get the cashburning vibe, that is the way forward and who better to do that than a man fired by Oracle (yet who boasts about his Oracle career ) & who was at the helm of a spectacular dotcom disaster, Phil "Interx" Crawford. Interims today score straight 10s for bullshit headline blather. But look at the hidden cashburn, extrapolate and panic.
3315 days ago
I tipped shares in Lombard Risk Management (LRM) but cut (very small) losses at 11p when founder John Wisbey was ousted and replaced at the helm by Phil “InterX” Crawford. That company train wrecked with Crawford at the helm back in 2001 and interims last week from Lombard suggest that Crawford is going for a repeat performance at Lombard.
3473 days ago
Lombard Risk Management (LRM) has announced that “John Wisbey has informed the board of his intention to stand down as Chief Executive and director of the company with immediate effect in order to pursue other opportunities”. We understand differently.
It seems very odd that the company’s founder who has worked for it for 25 years would suddenly decide to quit immediately “to pursue other opportunities” - and believe this not to be the case. In fact we know that it is not the case. This was a boardroom coup led by Chairman Philip Crawford who has gained power as now full-time Executive Chairman, apparently “on an interim basis until such time that the board is in a position to appoint a new Chief Executive”. Crawford is a scumbag and this RNS is quite simply a lie.
3496 days ago
The main stage tech session at UK Investor Show 2015 was hosted by my old pal Paul Kavanagh. On the panel were Jason Drummond (Teathers Financial), Marcus Hanke (1Spatial), John Wisbey (Lombard Risk), Stephen Streater (Forbidden Technology) and Lorne Daniel, a star analyst from FinnCap. The video below captures the whole session.
3762 days ago
I think that at 13p shares in Lombard Risk Management (LRM) are cheap. 20p seems fair to me. Bt do you agree? Watch CEO John Wisbey in video action from the UK Investor show and decide for yourself.
4151 days ago
John Wisbey the CEO of AIM listed compliance software group Lombard Risk Management (LRM) is a good friend of mine. Or at least he was - he may decide that he is not anymore after he reads this. Recent events at his firm show private investors once again being screwed on the AIM Cesspit. John is a good bloke & Lombard a good company but this is why mug punters are turned off listed markets. Here goes.
4411 days ago
A long chat with Lombard Risk Management (LRM) CEO John Wisbey has finally come to an end. Interims today were as expected. The issue that I find hard is the company’s policy of capitalising R&D Spend. I shall discuss that in some detail below. I wonder if others quizzing him today on the site I ran for 12 years – t1ps.com – have focussed on this or have pulled their punches?
