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
  -2.00 -0.3% 668.00 667.50 668.50 683.50 665.00 670.00 221,642 12:53:30
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Equity Investment Instruments 314.6 239.3 82.9 8.3 1,461

Burford Capital Share Discussion Threads

Showing 6776 to 6798 of 16175 messages
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DateSubjectAuthorDiscuss
04/6/2019
23:04
Not sure why so many on here are still talking about selling pressure from Woodford. If you watch the video he has just released it makes it quite clear that he will only be selling out of unlisted and unquoted stocks. That's not BUR.
gettingrichslow
04/6/2019
17:06
Yes but if the Woodford site is correct they hold about 6.5%. If they were to drop another 1.5% or approx 50 million in value then Burford would have to be notified. Further conversation reply email from me - The same information is stated on the woodfordfunds.com website however I guess from what your saying the same applies. Burford Reply - Yes, I appreciate where you’re coming from but we have to abide by TR-1 notices, even if we believe actual shareholdings to differ based on other disclosure. I appreciate your interest in this and why your attention is drawn to this. Thanks, Such a professional company to reply to my emails so promptly.
syoun11
04/6/2019
17:01
Thank you fo that
arregius
04/6/2019
16:50
Syoun11 That is very helpful. So the holding could be anything between 5% and 10%. Would help if if Burford was FTSE listed.
brexitplus
04/6/2019
16:39
Following may be worth noting . Here’s a question I sent to Burford along with the Reply. Your sites states that Woodford have 20,724001 shares 9.48% of Burford. So at a rough price of £16 that’s £330 million in value. In the Times paper and on the Woodford website it states that 5.48% of their fund is in burford shares. With there Woodford equity fund valued at £3.79 billion that equates to approximately £210 million in value and not £330million. Its possible they have some Burford shares in patient Capital trust fund but can’t be anywhere near the £120 million gap I’ve stated above. Reply. Thanks Sean, yes I’m aware of those other snippets of information, but we cannot use unreliable sources to speculate on a shareholding as they are not what the shareholder has disclosed to Burford Capital. Fyi, for Burford Capital, shareholders must inform it of changes in their ownership in either direction of each 500 bps of voting rights between 5% and 75%. So if Woodford were to fall below a 5% shareholding in Burford, it would have to notify the company and through Burford the market. Similarly, if it went above 10% it would also have to notify the company (and through Burford the market). Any changes in between this band do not require Woodford to notify Burford (and therefore the market). I hope that helps. Best regards, Rob. So I think they have between 6 & 7% and not 9.48%
syoun11
04/6/2019
15:06
Well,I'll be getting over a thousand pounds in dividends!!( Actually,most of the holdings in pension funds ,so no access,but still.)
djderry
04/6/2019
12:11
This other FT link is also worth the read daily: Https://www.ft.com/stocks-to-watch
galatea99
04/6/2019
12:04
Thanks Galatea - Good link Of course, Invesco with 15% hold a lot of the same shares as Woodford. Performance there bad as well.
brexitplus
04/6/2019
11:51
The Woodford effect on a whole bunch of shares, top topic in FT Alphaville: Https://ftalphaville.ft.com/marketslive/2019-06-04-2/ Burford by no means the hardest hit.
galatea99
04/6/2019
11:40
Yes,there’s the Woodford factor but I think the effect is magnified with Burford because it’s somewhat unique as a listed vehicle unlike Taylor Wimpey for example. It’s very hard for fund managers to consistently outperform year in year out.The judgemental quarterly report doesn’t sit easily alongside the vagaries of algorithmic trading.I can see a continuing decline in stock Exchange listings,both sides of the Atlantic,making it very hard for managers to pick out fresh winners.That said,Woodford has bent a few rules with this unquoted element and locking in frustrated fund holders could be a foolish move with serious repercussions.Hey ho,hero to zero for Neil then,’every man kills the thing he loves’ as Oscar Wilde observed and no more so than the English press.
steeplejack
04/6/2019
11:25
Cant see this rallying either. Will stay on my watchlist as I think there may be value at some stage.
greatballsoffire451
04/6/2019
11:22
If you look at the chart there is a big 'W' on it, bad omen! Chart is very choppy can see it going to 1000 on this downtrend.
ltcm1
04/6/2019
11:14
Terrible manager, got lucky with his listed picks then hubris reigned supreme, started his own gig (red flag in itself) attracted a load of mugs into his ring and now they are stuffed.
steptoes yard
04/6/2019
10:42
I'd expect it will fall further until the selling pressure from Woodford holding has cleared. Buying opportunity, no one knows how low it will fall my best guess is £10.
ilostthelot
04/6/2019
10:18
Just topped up (only a little) will too up a little more if we go down to £14
williamcooper104
04/6/2019
10:00
This is a blip and a good opportunity to top-up so what's the problem? This liquidity will allow the shareholder base to widen - reducing the concentrated holding - problem solved without the overhead of joining the main market.
maddox
04/6/2019
09:20
It makes sense, especially when your two biggest shareholders control around 23% of the market cap and as we're experiencing now, one of those shareholders is having difficulties.
clanger66
04/6/2019
09:15
Clanger This may concentrate their minds if investors are really important to them.
brexitplus
04/6/2019
09:11
They have been advised by their broker that there's no benefit from a main board listing and only increased costs. They've done a study and believe there is enough liquidity on AIM as it is. However my point is an AIM listing limits the funds that are able to take a position in it due to their mandate.
clanger66
04/6/2019
09:09
I guess the market is assuming Woodford is going to have to wind up the funds rather than his stated aim of moving INTO more liquid investments (eg BUR). The latter should be a neutral or positive price pressure on BUR, but the former; negative, which is what we're seeing today and yesterday.
time_traveller
04/6/2019
09:03
Why has it been dismissed by the company?
trident5
04/6/2019
08:48
Lots associated with Woodford down expecting forced sales so can buy at a better price. I’m in Burford for at least 10 years so volatility is no problem. Unlike Kier it is an excellent, very profitable business which isn’t at the mercy of govt spending and very fierce competition.
brexitplus
04/6/2019
08:33
Burford Special Brew
minerve 2
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