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
  0.00 0.0% 884.50 883.00 885.00 0.00 0.00 - 0.00 00:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 314.6 239.3 82.9 10.8 1,934

Burford Capital Share Discussion Threads

Showing 6576 to 6600 of 15350 messages
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DateSubjectAuthorDiscuss
13/5/2019
08:42
No not normally, other than confirmation of any voting.
lomax99
13/5/2019
08:33
does bur issue a statement on its agm- there is one tomorrow-please confirm anyone!
ali47fish
12/5/2019
15:09
I agree he should have provided a link. But as a paying subscriber to IC, I rather resent it being made free-to-view in entirety. It's the AIM 100 annual list (BUR is No 1) by the Companies Team: https://www.investorschronicle.co.uk/shares/2019/05/09/the-aim-100-2019-10-to-1/
jonwig
12/5/2019
15:05
compnews- who is the above article by and can you provide a link/date ofpublication!
ali47fish
12/5/2019
10:18
Please post sources, compnews. Always helps. I believe source for above is IC.
keyno
12/5/2019
07:19
After enjoying a spectacular run in the prior two years, shares in BurfordCapital (BUR) endured a rockier rideafter last year’s equity market downturn. However, that comes with the territory given the stock’s high-growth status and belies the litigation finance specialist’s track record of impressive returns. Last year the return on its core portfolio jumped 85 per cent, with realisations from 26 different investments helping boost total income by a quarter. Since 2018, Burford Capital has been joined by litigation finance providers Manolete Partners (MANO) and Litigation Capital Management (LIT) on London’s junior market. However, those groups are minnows in comparison to Burford, which had net assets of $1.36bn at the end of December. The funding firepower backing Burford also puts it head and shoulders above peers, after it secured an additional $1.6bn (£1.3bn) in funding during 2018 for litigation finance investments, including $667m from entering a strategic relationship with a sovereign wealth fund. Under the agreement, a $1bn pool of capital will be invested on a 2:1 basis, with Burford providing the remaining $333m in exchange for 60 per cent of profits generated once the initial investment has been recovered. Encouragingly, for a group deploying such a high level of capital, Burford only tapped investors for further funds in October last year, raising nearly £200m via an oversubscribed share placing. That cash was raised to finance geographical expansion, including moves into Australia and Germany. Up until 2016, the group had financed new investments using cash receipts from existing business. Investing in litigation finance providers like Burford carries a natural level of high risk and assessing the value locked up in the portfolio is more difficult than traditional financial services groups. However, Burford only alters the fair value of ongoing cases in the event of a secondary market transaction, where it sells part of an interest in a matter to third parties, or if there is a significant development in the legal process of a case. Despite the rate of share price growth slowing since the final quarter of last year, we remain encouraged by the large amount of capital ready for deployment and the group’s track record of doing so profitably, with the portfolio generating a 31 per cent internal rate of return since its inception a decade ago. We remain buyers.
compnews
11/5/2019
16:15
hTTps://www.sharesmagazine.co.uk/videos/category/2349/investor-evenings
jockthescot
11/5/2019
16:12
Hello, could you please post the link to BUR's presentation at Shares again? Also, what's the website (asking so that I can monitor when the video is posted)? I am not based in the UK and not familiar with Shares. Thank you. Big Green Oak
biggreenoak
11/5/2019
14:45
Friday was turnless, with an inside day making the direction of Mondays potential turn, if any, impossible to fathom. Price responded well to support from bbd's long term support/neckline [pink] A true death cross is imminent, and coincides with the next potential turn approx. 15-16/5/2019
bamboo2
11/5/2019
11:47
What do you say to that then, wiggy? It's not what you've been shouting from the rooftops, is it? But then you don't care what you say if it suits your own book, LOL
johnwig
11/5/2019
10:06
Mr foetus, We do know something about how Burford have executed on IP investments, from the detailed investment data they released after the last finals: Https://www.burfordcapital.com/investors/investor-information/burford-capital-investment-data/ Looking just at the IP cases which had concluded by the end of 2018, the results are a bit meh: 19 investments including 2 portfolios Average duration: 2.1 years 12 investments resulting in a profit, 7 resulting in a loss of which 4 were 100% losses Total capital deployed: $64.7m Total recoveries: $67.9m Therefore ROCE of just under 5% Focusing on just the investments in the partners funds (again, this is just the concluded IP investments): 12 investments, 7 wins, 5 losses including 3 100% losses Average duration: 2.4 years Total capital deployed: $43.9m Total recoveries: $40.3m So they've actually made a net loss in the funds, not helped by one loss which resulted in a total write off of a $10.1m investment. Just to be clear, I'm not suggesting that the ongoing and partially realised IP investments won't generate outsized returns in future, just that the track record based on their own data isn't that great. There are still 28 IP investments which are ongoing or partially realised (18 in the funds, 10 on the balance sheet) amounting to $295.9m of committed funds of which $96.7m had been deployed and $36.8m had been recovered.
bestace
11/5/2019
07:04
has anybody got an update from IC's simon thompson please?
ali47fish
10/5/2019
08:46
I don't think we know but the returns can be huge: if we are suing someone in US for infringing a patent the returns could be massively disproportionate to our exposure. Also, as litigation funding is still relatively new, we probably had the pick of individuals with claims against big corporations. The corporates had probably assumed for decades that you could steal IP and then stall any legal action so again, there is huge scope, but we know nothing about how BUR has executed
mad foetus
10/5/2019
08:41
MF - Should we expect IP cases necessarily to have a shorter turnaround time? Thanks
lomax99
10/5/2019
08:20
I think Bogart is particularly excited about fund 2, which is focussed on IP cases and could bring outsized returns, but we have to be patient as returns will come suddenly during the harvest period
mad foetus
10/5/2019
08:15
We do know that they have hardly ever written down any case that they have previously increased the value of. We also know that the funds have a waterfall fee structure so BUR only get paid when they wind down and investors are repaid, meaning there. Is a clear source of future profit (as those performance fees will be all profit) that is currently not accounted for at all
mad foetus
10/5/2019
08:08
Arregius - with all respect you don't really know that Bur has been very conservative with their accounting - they say they have, we accept it; but it's the big risk here.
trident5
10/5/2019
06:58
Lines does not tell ME anything. Business does and from that perspective I am very relaxed here. Support is for those who want a positive portfolio, i can postpone gratification and increase my stake when people dont just get it. Opportunity does not come up when people buy in, just the opposite. Apart from a note which someone has pointed out (opinion) what have changed? The industry here is just starting and from the accounting perspective, BUr has always been very conservative so I am not worries about the reporting.
arregius
10/5/2019
06:56
Hi, bbd, yes agreed. Let's hope it doesn't become another neckline! [marked in pink on chart above] You are welcome to post the chart on here, but as a black poster, would have to host the image file on a third party website on the advfn white-list. I can post details if required. Where does the share price go from here I wonder? edit, just realised it's an advfn chart, so you can host it using the advfn chart grabber if required.
bamboo2
10/5/2019
06:50
Can you send it to my email? Arregui.unai@gmail.com Thanks
arregius
10/5/2019
06:42
Historical good support line here Https://twitter.com/bigbigdave_/status/1126737046125420544
bigbigdave
10/5/2019
06:41
Historical good support line here Https://twitter.com/bigbigdave_/status/1126737046125420544
bigbigdave
10/5/2019
06:07
Https://media.anadvfncompetitor.com/a/2019/05/1-Burford-Capital-Christopher-Bogart.pdf Sorry, link not working
lomax99
10/5/2019
05:56
Here's the link with a deck that Bogart presented at the Shares event.https://media.an ADVFN competitor.com/a/2019/05/1-Burford-Capital-Christopher-Bogart.pdfI thought an interesting fact was that BUR instead of applying more leverage to its balance sheet has built in leverage with its SWF deal whereby BUR puts up 1/3 of the capital but gets 60% of the return.Other than that I don't think there was any new info. Q&A also just addressed his take on Cannacord (same as BUR Statement on Website) and about the AIM listing (similar take as on latest earnings call)
alpha inu
10/5/2019
04:58
IC is working its way through the top 100 AIM shares, and has reached No1. Conclusion: Despite the rate of share price growth slowing since the final quarter of last year, we remain encouraged by the large amount of capital ready for deployment and the group’s track record of doing so profitably, with the portfolio generating a 31 per cent internal rate of return since its inception a decade ago. We remain buyers.
jonwig
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