Burford Capital Share Discussion Threads

[stockvalue] 28/9/2020 22:55

For those interested with no access to the court filings in respect to the Petersen Case, WangCai just updated his link which provides the files.

[bamboo2] 25/9/2020 23:19

update 28/9/2020 [eod] Quite surprised we don't have a clearer turn showing for 1/10/2020 Maybe there won't be a turn! New potential turn showing 2-5/10/2020

[kaos3] 25/9/2020 17:23

jes- chart speaks to me the same

[oscareli] 25/9/2020 17:10

Has anybody else noticed the high volume that almost every single day since weeks is produced when the market closes? Today, for example, 80k shares.... What does it mean? Big fishermen fishing perhaps?

[williamcooper104] 24/9/2020 14:33

https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3698130Long but interesting article on what could be a hugely lucrative new field for LitFin When the next wave of PE deals blow up and lenders find that sponsors have walked off with most of the collateral

[three black crows] 24/9/2020 11:49

Sanibel, last time we saw £5 was the beginning of July, Check the chart

[bamboo2] 24/9/2020 11:36

Chart shows accumulation. The trading range 555-605. Base building is required for high rises, if you want them to last.

[mad foetus] 24/9/2020 10:28

While I am a big believer in charts I tend to think concepts like the "bullish homing pigeon" which I'd never previously heard of, just discredit TAThe share price is clearly showing that selling is drying up but that there aren't enough buyers confident enough to pay £6+ for the share price to break out yet. But results are this time next week and it's 50/50 whether the US listing happens by then. Given the RNS about where people want to register shares, I can't help suspect there is some discretion which allows BUR to say when they would prefer listing to take place. In which case, 1 October would seem sensible to coincide with results and first day of quarter.

[djderry] 24/9/2020 10:09

Ah,the bullish homing pigeon pattern,now it all makes sense.

[three black crows] 23/9/2020 19:09

BUY SIGNALBRITISH BULLS.COM show a buy signal published this evening.Signal Update Our system's recommendation today is to BUY. The BULLISH HOMING PIGEON pattern finally received a confirmation because the prices crossed above the confirmation level which was at 578.1000, and our valid average buying price stands now at 580.7200. The previous SELL signal was issued on 18/09/2020, 5 days ago, when the stock price was 596.9200. Since then BUR.L has fallen by -2.71%.Market Outlook Let's jump on our white horses and go for a bullish ride. The bullish pattern that was previously identified is finally confirmed and a BUY signal is generated. The market is telling you about a new profit. Do not miss this bullish opportunity.

[rar100] 23/9/2020 13:17

Yep ok, but there is a lot of it as you can read on this BB and at present not so much institutional investment, witness the low volumes. Hopefully all change soon.

[gettingrichslow] 23/9/2020 11:58

Day traders normally lose rar. Day trading platform providers are the winners!

[time_traveller] 23/9/2020 11:52

Sorry, but it's like shooting fish in a barrel with this one. Fun sideline to watching the core holding paint dry.

[rar100] 23/9/2020 11:36

day traders

[mathurin1] 23/9/2020 11:18

Can someone please explain the constant up and down by 5% - who wins with this game ?

[stentorian] 23/9/2020 10:49

Hopefully, someone will 'Novochok' him - I for one will raise a Black Velvet in celebration.

[gettingrichslow] 23/9/2020 10:41

Stock & Madfoetus, I’m surprised you think we should ‘just move on’ after they crushed BUR’s reputation with a series of falsehoods. That will surely just create incentives for MW to continue to act in the same way with other companies. Complete cop out in my view.

[syoun11] 23/9/2020 10:18

In the short term good results are more important than the listing in my opinion. In fact bad results and a listing could be fairly painful. The thing is I’m not sure what’s going to be considered good results by the market especially when COVID is chucked in the mix. I’m hoping we get more of a 9 month view rather than just 6 when you would have thought they must have delayed earnings by a month( so 1/6 lower than it would have been). Anyone have any thoughts on what good results would look like?

[mad foetus] 23/9/2020 10:13

Block has moved on, so should we

[stockvalue] 23/9/2020 09:49

There is an interview were Block said BUR is no fraud... I think even someone linked it here a while ago. Also companys earnings are not correlated to MW opinion on something. So why care about MW?

[gettingrichslow] 23/9/2020 09:41

MW have gone very quiet about Burford though haven’t they? Why is no-one asking them what their view on Burford is now that the US listing is going ahead? Why aren’t Bloomberg re-interviewing Carson Block on that point? Why isn’t the FT commenting? After a year of completely false allegations it just goes quiet!!