Burford Capital Share Discussion Threads

[minerve 2] 08/8/2019 16:41

I don't think what they invest is relevant at all. An honest set-up really shouldn't feel forced to act because monkeys and the ignorant demand it. A charlatan could buy more to keep the ponzi scheme going. So purchases really mean diddly squat.

What matters are the issues of accounting that have been raised and whether they have been answered fully and comprehensively. It seems to me that there are still some open ended issues.

[blueflame] 08/8/2019 16:41

Still too risky for me this stock. Not impressed with the lady on the CC. No position though but like has been said before this will just bring out more hyenas to try and get their piece of meat. I have learned painfully in the past to try and fight these huge hedge funds can be dangerous to your wealth!

[galatea99] 08/8/2019 16:37

Article just posted on "Seeking Alpha":

[molatovkid] 08/8/2019 16:37

Well said Franki....good points. They've invested sizeable amounts and who is to say they wont buy more?

Seems to me Muddy Waters are well named....that's exactly what they do.

They've done their worst and as Burford have said they have been in business 10 years and there have been no further issues like this.

[1corrado] 08/8/2019 16:36

close at 760.

[sbb1x] 08/8/2019 16:35

Closed @760

[franki8] 08/8/2019 16:34

Hawkin, do you actually have any idea how much of their net worth are they keeping liquid? I am not sure how much you have in your account (not much by the sound of it), but most of high net worth individuals don't keep much in cash and invest in bonds/stocks/deposit accounts. Plus, keeping your money in GBP is a stupid idea now.

so for what we know they couldve used all of their GBP cash to make this purchase.

So please keep quite and learn finance.

[time_traveller] 08/8/2019 16:33

Well let's see if more purchases follow. Even the ultra wealthy can't always lay their hands on several million quid just like that.

[yasharsad] 08/8/2019 16:33

true. deals were halted before market close.

[edmondj] 08/8/2019 16:33

Yasharsad,

Cheers!

[1corrado] 08/8/2019 16:33

got back in at 750 just before auction.

[wardy333] 08/8/2019 16:32

This is going to be volatile for a few more days yet, been in auction ages.

[yasharsad] 08/8/2019 16:32

i was using quote to deal not a dma. but yes, dma option is also available.

[mister md] 08/8/2019 16:32

moved all profit into ftse 100 stocks

[minerve 2] 08/8/2019 16:31

"Minerve WHY DONT YOU SUCK MY HAIRY NUT SACK"

I would if there were nuts in it.

But like your brain, it is empty.

[chimers] 08/8/2019 16:30

Minerve WHY DONT YOU SUCK MY HAIRY NUT SACK?

[upgrade1] 08/8/2019 16:30

hl 815.50 - 725.00

[edmondj] 08/8/2019 16:30

yasharsad,

Are you using a quote-to-deal or...? I thought IG is meant to offer Direct Market Access.

Edit: looks as if everything halted 9 minutes pre-close.

[galatea99] 08/8/2019 16:29

The poor performance today of the CFO, together with the episode of "the line just dropped" on the difficult question during the results conference call, really fails to inspire confidence in her and, by extension, confidence in the accounts she has been responsible for. Whatever the future holds for Burford, she needs to be replaced and moved to somewhere less sensitive.

[hawkind] 08/8/2019 16:29

Based on what they previously sold? Come on to give market and shareholder confidence that is not acceptable purchases to lead the way.....Feels too much like a few others in past year or two. Would anyone have seen Conviviality going bust. I was so tempted to buy, thank fock I didn't, so I will hold fire on this. I may miss out here but capital protection is key especially in this economy.

[mad foetus] 08/8/2019 16:28

No trade possible for about 10 mins

[minerve 2] 08/8/2019 16:28

Chimers, give it a rest FFS.

[yasharsad] 08/8/2019 16:28

no trade is possible on ig.

[trident5] 08/8/2019 16:23

Will any of the staff qualify as PDMRs?