Burford Capital Share Discussion Threads

[alter ego] 21/4/2021 15:54

(money am) all one word

[lazg] 21/4/2021 15:53

Money Yam did not know that site. But got an email as I had registred for the webinar...

[saltraider] 21/4/2021 15:49

'Momentum' :-)

[jeff h] 21/4/2021 15:26

M & M? money starts with a M and am finishes with a M

[scubadiverr] 21/4/2021 15:07

Momentum, mum, museum, I couldn't work it out either. Shares magazine is where the presentation was though so I'd start there

[donald pond] 21/4/2021 14:50

Wiedower is boss of an investment management company in Texas. So I don't think he's influential but he seems professional and it all helps build BURs name in the US

[lazg] 21/4/2021 14:42

What starts with m and ends with m?

[rar100] 21/4/2021 14:01

Does anyone know how much Travis Wiedower is influential in the market place, I know it's a blog but that's about all. Glad to see positive PR coming about...

[stentorian] 21/4/2021 13:45

...thanks for posting Galatea99...for Mrs A there is a light at the end of the tunnel and it isn't a train!

[galatea99] 21/4/2021 13:03

Judge apologises to Tolstoy!

“All happy families are alike, each unhappy family is unhappy in its own way,” Knowles said in her judgment. “With apologies to Tolstoy, the Akhmedov family is one of the unhappiest ever to have appeared in my courtroom.”

[jeff h] 21/4/2021 13:03

Presentation slides from yesterdays Shares mag event:-




Whoops wont let me post - replace the ???????? with the advfn competitors name that starts with M and finishes with M.

[stentorian] 21/4/2021 13:02

...great but no mention of the rulings...eg. does Mrs A get title to the flat!

[maddox] 21/4/2021 12:27

thx 1aconic appreciated

[tnt99] 21/4/2021 12:20

Go burford go burford up up and away soon back to true value of 15 pounds plus

[poggio] 21/4/2021 11:45

Wow that is a brilliant read. Travis Wiedower has really done his homework! Thanks scubadiverr for the link.

[1aconic] 21/4/2021 11:22

Hola señor Maddox, Nothing new really. Bogart presents well and took his usual politically shrewd approach to questions. A lot of the slides were straight from the annual report. He did mention that he didn't think they could have made the new debt issue without the US listing - thinks 200m is hard to come by in the UK let alone 400m and the coupon was lower than it would have been here . He said the JV with the SWF definitely isn't exclusive and that they could do other JVs if they wanted. Reitterated that BURs view is that when can continue to deploy large amounts of capital at good returns that will be their objective rather than any attempts to be net cash positive. Dividend policy is to try to hold at current levels (implication seemed to be that meant without increases), despite volitity of cash flows. Obviously said he couldn't comment about ongoing litigation when pressed on Petersen. When he was directly asked what management was doing to address the disconnect between value and share price he thankfully said that the market does what it does and the board is concerned with having the business perform as well as it can and growing at "moderate but desirable" rate. Belief is that those two things will eventually be reflected in share price. Reitterated that BUR employees all agree there is a valuation gap and are buying. In time hope the market will address it. Will be having a capital markets day later in the year.

[stentorian] 21/4/2021 11:01

Agreed. Thanks scubadiverr.

The ladders are up on the ramparts of 800p.

[geraldus] 21/4/2021 10:38

That's a helluva read.Thanks.

[lomax99] 21/4/2021 10:26

Added a few more.

[scubadiverr] 21/4/2021 10:09

Interesting thesis posted on LSE by Youonly. Worth a readhttps://traviswiedower.com/2021/04/20/burford-capital-is-by-far-the-most-undervalued-company-i-know-of/

[lazg] 21/4/2021 09:47

Yes, this is the start of a great ride. I saw it go from the eqivalent of USD 6 to 10+, which is still extremely cheap.

I can see BUR being valued at 30 bn. BUR retains a 61.25% share of Peterson which alone could yield up to USD 8bn. Withe the rest of the investments I think this valuation is possible, once the market notices.

Price to book should be like 3 for a growing business with exceptional returns. Hence, a price of 130 USD/share seems fair.

[maddox] 21/4/2021 09:41

Hi Amigos, unfortunately wasn't able to make the web presentation last night. Was there anything new since the results? Appreciate some more views on how Chris Bogart communicated the investment case?