Burford Capital Share Discussion Threads

[wilmot666] 17/2/2021 12:56

All eyes on US opening.

[trident5] 17/2/2021 12:55

Profits down.

[scepticalinvestor] 17/2/2021 12:52

No statement from muddy waters?

[dagoberia] 17/2/2021 12:45

Hi tradertrev what figure do you use for earnings? There are so many different ones in the statement, thanks

[tradertrev] 17/2/2021 12:26

So with nothing from YPF, largely cash earnings, performance fees stored up for the future, and some impact from Covid, the shares are on c.13x earnings. YPF in for nothing???

[scepticalinvestor] 17/2/2021 12:24

Superb update. To be fair, nothing less than expected.

[donald pond] 17/2/2021 12:22

8/10 which is good enough so I've bought a biggish chunk at 710

[bramcych] 17/2/2021 12:20

Great news that the waterfalls funds will soon start to pay out a share of returns to Burford as they will have repaid their initial investors their initial capital. This will mean a step change in returns to Burford which most in the market have not taken account of.

[tradertrev] 17/2/2021 12:08

Considering nothing from Argentina (compared to a lot in 2019) and Covid this looks really good at first glance - IMHO only

[kirkie001] 17/2/2021 12:01

Dividend is back...

[scubadiverr] 17/2/2021 11:59

I'm guessing this is you?https://www.reddit.com/r/wallstreetbets/comments/ll4150/due_diligence_on_burford_capital/

[scepticalinvestor] 17/2/2021 11:53

7 minutes boys and girls

[podgyted] 17/2/2021 11:29

7% discrepancy between LSE and NVSE

[onup] 17/2/2021 09:20

Nyse volume over 500k on 16/02/21

[saltraider] 17/2/2021 08:52

I believe the bigger volumes are still traded on the LSE ... so maybe the question should be the other way round?

I think BUR will move up a bit, actually. But I wouldn't expect it to be instantaneous.

[bogman1] 17/2/2021 08:36

Why has this not mirrored the US rise?

[bogman1] 16/2/2021 21:28

I dunno Donald. I have yet to meet a lawyer I trust tbf and I have had plenty of practice. But I hold here and see it finished up 12.5% across the pond.. somebody somewhere know something. Great news though. Hopefully the impetus and publicity it needs

[donald pond] 16/2/2021 20:47

Has something leaked? I doubt it. Burford has always been a very tight ship. We've had plenty of cases of great results that were preceded by a lacklustre share price. They are lawyers, they know how to keep things confidentialBut after last results share price went up to around £8 and I don't think anyone expects business to have gone backwards so the chance to buy at £6 last week was clearly a gift

[williamcooper104] 16/2/2021 20:21

Agreed - no reason to not do it when both markets are closed

[williamcooper104] 16/2/2021 20:21

US hours are a lot more sociable Hate the withholding tax though

[gettingrichslow] 16/2/2021 20:01

The bigger question for me is what has already been released given the sharp movement in the last few hours? Something has leaked out surely?

[ceaserxzy] 16/2/2021 19:53

gsk has been doing exactly that for ages, releasing their quarterly results at 12:30 UK time. What is the problem?

[time_traveller] 16/2/2021 19:51

I agree, but I think the distinction is where the main listing is, and burford claim its main listing is now NYSE.