Burford Capital Share Discussion Threads

[minerve 2] 09/5/2019 14:36

Minerve WILL SAY WHEN!

ROFLMAO!

What a basket full of buffoons we have here, eh?

[minerve 2] 09/5/2019 14:36

Not far off 1400 now.

Puddings R us!

LOL

[greatballsoffire451] 09/5/2019 14:21

it wont be

[mad foetus] 09/5/2019 14:12

I'm wondering if that was the last shakeout.

[5chipper] 09/5/2019 14:10

Lovely dip

[bulltradept] 09/5/2019 14:01

Is this in sellers sights now? Looking a bit like it.

[alter ego] 09/5/2019 13:59

ali47fish, Galatea99 is a poster - see post no 5933

[greatballsoffire451] 09/5/2019 13:29

No one should be long this while there are questions to answer

[rar100] 09/5/2019 13:28

solonic,

Everyone is dodgy with figures, depends what they can get away with, they are still No.1 in their field by a long margin, and can no doubt withstand this little storm in the long run. Even if Cannacord were correct, BUR still make big profits.

[ali47fish] 09/5/2019 13:20

brexit-sorry dont know what galatia is!

[solonic] 09/5/2019 13:13

BUR is like its chief ramper, jonwig, a little bit dodgy with the figures.

[rar100] 09/5/2019 13:12

90% of my shares down and also my extensive watchlist, probably time to not watch the market until St. ledgers day...

I will be rushing out on Friday to see what IC say about BUR however.

[rar100] 09/5/2019 13:08

I'm hoping that BUR's slide south is just part of the Trump induced slump in markets generally, people/institutions taking profit from a long time upward trajectory of BUR's share price Of course the Cannacord thing induced fear that Cannacord are correct, I'm not smart enough with accounting to voice an opinion, I'd like to believe what I read on this board, ie, BUR are Correct, Cannacord wrong, but that's out of vested interest, I'm losing a hell of a lot.

I'm really hoping Trumps threats to China are just part of his usual strategy in negotiations (scare the sh*t out of everyone and then back off and play mr nice guy at the last minute) that's what I expect, but there again, he is a cretin and as he would say Cretins do very bad things, very bad etc. etc. (F'ing clown)

[brexitplus] 09/5/2019 09:39

Ali47

See the Galatea link yesterday.

[mad foetus] 09/5/2019 09:33

I have topped up here, the chart is saying oversold on every metric and the fundamentals are fine.

[ali47fish] 09/5/2019 09:27

brexit do you have a link to this please!- tried cant find the info

[minerve 2] 09/5/2019 09:18

DOWN DOWN DEEPER AND DOWN, GET DOWN DEEPER AND DOWN.

How are the fan boys today?

ROFLMAO!

[5chipper] 09/5/2019 08:33

Even assuming a roic of 51%, with the mcap approaching the nav then looks good value

[rar100] 09/5/2019 08:30

IC are doing a 2 part annual guide on the AIM 100 biggest stocks, Part 1 last week (bottom 50 stocks) On Friday will be Part 2, the top 50.

Not sure where BUR is now, in the top 3 I believe, it was No. 1 for a while.

I imagine there will be a lot of coverage on BUR given the Cannacord cat among the pigeons article and subsequent 'crash' of the BUR share price.

From the share price action, to me it looks like the market still taking Cannacords view.

As the UN climate report suggests, humans are stupid so I'm not surprised.

[elcapital2018] 09/5/2019 08:27

Oh look my jealous troll has piped up, just like shot on your shoe ...but filtered so who cares

it hates it that i get everything right.! What a loser. Im embarrassed for him!!!

[elcapital2018] 09/5/2019 08:21

Ive bouoght back. Enjoy your elves. Nice quick quid a share.

[lomax99] 09/5/2019 07:26

Shares have added another paragraph:Canaccord argues that Burford's claimed 85% ROIC is misleading and it believes the 'real' return on concluded investments is 51%. It believes that going forward the company should reference the lower number in all of its reporting.The broker has cut its 2019 and 2020 earnings forecasts by 18% and has questioned whether Burford will be self-funding by the end of the year or whether it will need to raise more capital, diluting returns for shareholders.In Burford's defence, the company complies fully with IFRS accounting and it is the accepted norm to assume a fair value for the portion of investment which is ongoing while cases are pending final settlement.

[lomax99] 09/5/2019 06:11

It's ok. I actually get the digital version free via my AJ Bell account - it's available on their website as long as you hold at least £4k of assets on their platform.I subscribe to IC, which I prefer. If I did not have free access to Shares, i would not drop access to IC if it was a choice between the two.It's a shame their BUR piece did not tackle the flawed logic of attaching full cost to a part realisation when calculation the IR.