Mr Market has no logic at times. Just got to stick with your beliefs and have patience. Value usually pays out in the long term. |
Even the results from dire management at rentokil (another holding unfortunately), haven't been punished as much as Burford - for what exactly? |
only if the funds distribution to the shareholders will be respectable imho
otherwise it will be short lived share price rise. just a spike |
When I am I just look at the 5 year Sp trend and see the direction of travel. Greenland and YPF are huge value cases. When YPF is finally agreed and a payment schedule in place the share price will then be a better reflection of the true value of the company. It's that old patience thing. |
I just wanted to vent. I am frustrated with the stock price. Nothing to contribute. Sorry. |
The elegant solution- if ETM/BUR win- is for Greenland / Denmark to pay compensation by allowing commercial exploitation of the resourc by ETM/ the US.
Win-win! |
Ditto with Petersen & Eton park with his mate Melei |
Let's hope Trump does not get involved! |
Beat me to it! |
Article on the Guardian today, detailing the ETM $11b mining claim against the Greenland government. Burford mentioned as the litigation finance partner. |
This year, Burford Capital – the world’s largest litigation-finance company – is backing a case against Greenland for the impact of a uranium mining ban that a mining company argues in effect ended its development of one of the world’s largest rare earth mineral deposits. If Greenland loses the case, it faces either allowing the mining to go ahead or paying as much as $11.5bn in compensation. |
Do a trump and if Argentina are made to pay up burford could take a chunk of their oil reserves maybe!!! |
Think they should increase the dividend somewhat showing confidence in the future? |
If it was to be bought out I expect a price of at least 30 pounds to force the board who are large shareholders to accept |
Plus would have to be a small PE house as the larger ones are now massive financial institutions and will struggle with the potential conflicts of interest |
Up 5.6% in US after hours trading. |
Yes I'd been wondering about that.. It would be extraordinary but Is it totally impossible? He's already been leaning heavily on the NY courts over the Eric Adams case and one other, and of course he became a 34 count felon in a NY court, and we know he nurses grudges - the Zelensky hatred goes back to before the second Russia invasion.Separately there are also the very strange and opaque memecoin dealings. Huge amounts of money were traded just after the IPO and before the price tanked, which subsequently traced back to 'whales' with Asian IP addresses.. It's certainly strange that Canada and Mexico are seemingly at a disadvantage to other less friendly countries.Let's hope that Argentina's budgetary governmental and judicial oversight processes are strong. |
riverman exactly - roic is not for us. for us is roe considering risks - eg leverage adjusted. but it does not end there. how much of roe does return into our pockets. for me to buy wine with...
this is the way my simple mind works.
necessary but not sufficient phrase springs to my mind.
imho bur is a very long way from sufficient to my taste. necessary is doing ok thou
in between necessary and suficient is not a greed - standing firm |
The further drop today is hard to explain. I would have expected buyers to wisen up. |
I don't think even Trump would signal it's OK to list in America, and then steal it back from investors. |
The thing that some investors may worry about is that Trump may want to bail out his buddy Milei and - seeing that the US Supreme Court is in Trumps pockets - and due process is no longer a feature of the US, I too worry a bit. |
My problem with BUR (and the other litigation funds) is that their ROE is way lower than the ROIC they like to highlight - once operating costs are fsctored in the returns to shareholders are a lot less juicy. Also, see little prospect of a bid - simply not the sort of company that private equity would want to get involved with (they generally favour companies with predictable cashflows, BUR will be too much of a black box) |
There are clearly a lot of people out there in the market not seeing the fair valuation the way just about everyone on this thread is seeing it. That must be true or there would be buyers outnumbering sellers in a big way and the share price would be much much higher. It has been this way for years now. All rather peculiar and mysterious and not something I’ve seen with other companies. |
It is crazy - the results merited an increase in the share price IMO. If the market can't value Burford, someone else will. |
Never thought I'd see this so low again thought with the latest results should be up to at least 1400 |
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