Burford Capital Share Chat (BUR)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Burford Capital Limited	LSE:BUR	London	Ordinary Share	GG00B4L84979	ORD NPV

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	+29.00p	+1.95%	1,515.00p	1,513.00p	1,515.00p	1,515.00p	1,459.00p	1,486.00p	264,501	14:22:10

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
Equity Investment Instruments	314.6	239.3	82.9	18.0	3,312.55

Burford Capital Share Discussion Threads

Showing 6901 to 6924 of 6925 messages

Chat Pages: 277 276 275 274 273 272 271 270 269 268 267 266 Older

Date	Subject	Author	Discuss
17/6/2019 14:03	rar, everyone is over on the KIE board I think!	gettingrichslow	Read Full Thread Reply
17/6/2019 13:33	Just noticed Burford updated their site in relations to major shareholders. No change in numbers but I think the txt they've added is probably due to requests from website users to explain why Woodford share shows as 9.5% holding rather than the 6.5% shown on his site as of before fund closure. ‘ The shareholding information below reflects shareholdings as notified to the Company by shareholders via TR-1 disclosures. Burford updates this information as TR-1s are received. The last TR-1 was received, and thus the last update of this information occurred, on 1 May 2019. Burford does not independently verify the information provided nor does Burford include shareholding information not supplied through the TR-1 process.’	syoun11	Read Full Thread Reply
17/6/2019 12:59	Where's everyone gone ?, never seen this board so quiet. Wonder if it is possible to sue D.Trump as President?	rar100	Read Full Thread Reply
17/6/2019 12:36	Burford Special Brew	minerve 2	Read Full Thread Reply
14/6/2019 19:18	5chipper Yeah a new focus will be refreshing and hopefully great results will turn it all around...	rar100	Read Full Thread Reply
14/6/2019 06:30	This website isn't usually one I follow, but there are some interesting observations here: https://simplywall.st/stocks/gb/diversified-financials/aim-bur/burford-capital-shares/news/do-insiders-own-shares-in-burford-capital-limited-lonbur/	jonwig	Read Full Thread Reply
13/6/2019 22:55	At some point, attention will focus on half-year results due in 6 weeks, and away from Woodford situation.	5chipper	Read Full Thread Reply
13/6/2019 20:58	Trident, you have to admit Minerva has got amazing timing. He literally sold out right at the bottom. That's not easy you know. If you tried it a hundred times again you probably wouldn't manage it.	gettingrichslow	Read Full Thread Reply
13/6/2019 20:38	Citywire “Hargreaves Lansdown has dropped the Woodford Income Focus fund from its £562 million HL Multi-Manager High Income fund, as withdrawals from Neil Woodford's smaller fund hit £116 million in six days.”	brexitplus	Read Full Thread Reply
13/6/2019 20:33	Trident5 The secret of investing is to do the opposite of minerve😁8513;😁	brexitplus	Read Full Thread Reply
13/6/2019 16:55	Kier has bounced up nicely straight after you sold out, Minerva? Lost your touch?	trident5	Read Full Thread Reply
13/6/2019 15:50	Burford Special Brew	minerve 2	Read Full Thread Reply
13/6/2019 14:52	Financial Times Article published at beginning of week is more insightful about what is dictating the share price than the Investors C. I suspect.Article starts by referencing Woodford woes and discusses major holdings. “Burford’;s accounts are as eye popping as it’s share price growth.Operating income leapt to $345m last year,according to S&P Global,10 times higher than it was in 2013.Operating cash flow dropped from $42m to a negative $233m.The group is borrowing to fill the gap.Net debts have tripled in two years to $331m. Fans will riposte that this is chicken feed compared with investments in legal cases valued by Burford under the oversight of EY,at $1.9bn. However,that figure depends in part on the company writing up the value of legal tussles that have not finished.These non cash gains accounted for 54% of revenues in 2018.Most of the rest came from cases settling in Burfords favour. In fairness,Burfords accounting policies are conservative by the very racy standards of litigation funding.It has a good investment record.According to Jeffries analysts,it has been on the winning side in two thirds of cases and four fifths by value.”	steeplejack	Read Full Thread Reply
10/6/2019 16:27	Investors Chronicle article on Woodford's travails: "Litigation finance specialist Burford Capital (BUR), which at the time of writing had not disclosed a decrease in the 9.5 per cent of its shares WIM owns, nonetheless saw its shares fall on the news of the Equity Income Fund suspension. However, there could be good reason for holding on to the Alternative Investment Market darling, whose market value has trebled in value over the past three years. In that time pre-tax profits have risen by around the same proportion, as management has demonstrated a canny ability for backing cases that have generated impressive returns, coming in at 85 per cent in 2018." Https://www.investorschronicle.co.uk/shares/2019/06/10/woodford-s-share-fire-sale-hits-market/	galatea99	Read Full Thread Reply
10/6/2019 15:29	Wonder if we have any involvement with the Grenfell suit since it's in the US they are probably best placed to provide the support.	dekle	Read Full Thread Reply
10/6/2019 13:11	WC104 - I have no interest in prolonging this discussion, suffice to say that 'long term' is a relative concept and is age dependent.	slaccs	Read Full Thread Reply
10/6/2019 12:29	You can make a little money by trading in and out Makes little sense in a growth company though where there is no mean reversion But you can make a ton of money by long term holding the right stick	williamcooper104	Read Full Thread Reply
10/6/2019 11:48	jonwig - Totally disagree. Volatility is movement in both directions. There is a lot of movement between two exact prices. You are talking about a period of 8 months. I'm not a day trader but I very rarely hold a share for more than 6 months without a little buying and selling. How else am I going to make any money?	slaccs	Read Full Thread Reply
10/6/2019 11:35	slaccs - volatility isn't movement. A share price which rises in a straight line from 100 to 500 has zero volatility. Look at the BUR chart: from Oct '18 to today the share price has hardly moved, but volatility has been high (zig-zagging about). If you're a short-term trader, maybe you welcome this sort of volatility. I guess most of us here aren't, and don't.	jonwig	Read Full Thread Reply
10/6/2019 11:28	The only way to make money is through volatility. A company with little movement in the share price is not going to provide the buy/sell opportunities to profit from.	slaccs	Read Full Thread Reply
10/6/2019 11:26	trident5, what makes you say realised gains come largely from 2 cases? I note final results for 2018 say 26 cases contributed to realised gains,20 in 2017	maiken	Read Full Thread Reply
10/6/2019 11:19	Agreed.Although I'm fully invested I wouldn't be surprised by volatility , particularly with the background fund manager's travails.But that's all just noise.Over time,its earnings,cold hard cash that will drive the results.I think the other catalyst will be the volatility in earnings,this company does not fit into predictable annual results.(Although,with the law of large numbers and 'other strategies' it should become less so.)The results will vary from year to year and give those who understand the business a clear advantage.Right,I'm leaving the interweb for now!	djderry	Read Full Thread Reply
10/6/2019 10:48	djd - of course IFRS (13 I think) demands revaluation of assets, they can't just sit on the books at cost. They do have latitude to interpret and, as you say, are very cautious. Another thing: they write off costs associated with the cases they are funding. They could, if they wished, capitalise them onto the balance sheet. Now that would be a red flag!	jonwig	Read Full Thread Reply
10/6/2019 10:36	But the process is the same.If you go back to the first or second 'vintage' or year ,you can go through the process and see,that year by year,as cases progress and come to fruition,the 'write up/ unrealised gain is always under reported.Time and time again they have proved their mettle.Are you suggesting that when objective tangible decisions are taken in cases that the co.should blithely ignore them? Or,if a tranche of the investment is sold for a much higher value that this should be ignored? I hope not.I think it is right to be sceptical until we have evidence.We have (almost) ten years evidence and the co.has come through with flying colours.A bull? Yes.Bedazzled? No.	djderry	Read Full Thread Reply

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