Burford Capital Share Discussion Threads

[mammyoko] 08/8/2019 13:23

MW firepower limited compared to backers of Burford. Block gong to get his fingers burned and his toes fried here

[stentorian] 08/8/2019 13:23

wardy333,

Agreed!

[nudog69] 08/8/2019 13:20

Well mr md how exciting hope you went all in lol ✌️313;👍

[sbb1x] 08/8/2019 13:20

Shorts are losing it

[babbler] 08/8/2019 13:18

what would you do if your character was badly damaged due to someone misrepresenting you? Be nice??

[mister md] 08/8/2019 13:18

well that was worth the wait

[darius12] 08/8/2019 13:18

having sold for 10k+ profits and re-entered we now hold 7000 of these beauties already another 11k in unrealised profits! This is a godsend day traders' stock

Proof:
Subscribe to our youtube channel here:

[5chipper] 08/8/2019 13:18

Take 'em to court boys

[timw3] 08/8/2019 13:18

"Two of Burford's non-executive directors have also sought clearance to make market purchases, as have numerous other Burford employees. In addition, the Board is also considering the Company buying back its own shares...

[zoolook] 08/8/2019 13:17

They complain about MW’s use of inflammatory language and then go into overdrive. Talk about protesting too much

[djderry] 08/8/2019 13:16

Muddy Waters, arguably a bunch of con artists.

[timw3] 08/8/2019 13:16

when @barondaytrading
starts to load up you don't sit back and do nothing. A man who knows his stuff. I'm guessing he is looking for 11.56p areas given that was gap fill from the drop..\

[timw3] 08/8/2019 13:16

must have been a lot waiting for confirmation of false allegations yesterday it’s going mental now the have released RNS. 👀 heading back to £12

[mbdx7em21] 08/8/2019 13:14

dear me:

Point 6 - Treatment of "trial losses"

Everything about the short report here is incorrect. To begin, the Neptune investment is entirely a fund investment; the Burford balance sheet has no part of it, and it predates Burford's acquisition of GKC. As discussed earlier, we report fund investment performance for investors' information but we do not include fund performance in our published investment returns. Investment 166813 cited by the report as Neptune is in fact not Neptune; Neptune is investment 177598. Neptune is a portfolio investment with a variety of results to date (both positive and negative) and is appropriately shown as a partially concluded investment. The investment discussed in the report is in fact a separate non-Neptune investment, 166813, which is appropriately classified as ongoing.

The report's commentary on RCR is, to anyone who knows anything about such litigation, very much off the mark, and a review of the court's publicly-available orders would show why. However, RCR is an ongoing active litigation matter and we are constrained from further comment.

Similarly, the Volkswagen matters are also active litigation matters (and part of a diversified and cross-collateralized portfolio) and we can't comment on them. However, any dispassionate observer of the VW litigation would not be taking the view that its current posture is "recovery-killing", as the report suggests, with VW having already paid more than $30 billion in settlements related to the subject matter of this litigation.

[wardy333] 08/8/2019 13:13

Nice to be on the right side of some trades...

[sbb1x] 08/8/2019 13:13

Back to 10.00

[mbdx7em21] 08/8/2019 13:12

muddywaters schooled:

No one buys 200 shares of stock, sells 50 of them, and measures the profit or loss on the sale of the 50 shares against the cost of all 200, yet that is what is suggested here.

lol

[tracy_moore] 08/8/2019 13:12

Everybody happy ? I think a few not so , LOL tough.

[chimers] 08/8/2019 13:11

Well, that all seems to be in order I'm with Burford now.

Over to you Muddy? whatcha got left in the tank?

This is fun, its a bit like a complicated episode of Crown Court...Yes, I'm 99.

[mammyoko] 08/8/2019 13:11

Very compelling rebuttal

[markie7] 08/8/2019 13:10

oh well played burford. well played.....! How long to hold though, north of £10 surely a decent target.

[littlepuppi7] 08/8/2019 13:10

Buying opp of a lifetime now. This will be 4 digits again soon. Shorters will be on fire.

[rrb] 08/8/2019 13:10

this thing goes back to >£12 very quickly.

As for MW, why go after a firm that is particularly equipped to litigate against you? Not very smart.

[minerve 2] 08/8/2019 13:10

OK, Minerve says: WHEN!

1st tranche executed.