Burford Capital Share Discussion Threads

[chimers] 09/8/2019 18:05

I have my sources.

[brexitplus] 09/8/2019 18:04

Trollwatch

He has nothing better to do sat in his care home room.

[bbmsionlypostafter] 09/8/2019 18:04

Where did you here or see this?

Chimers
9 Aug '19 - 17:54 - 8944 of 8950

I wouldn't be celebrating too soon guys.
Gotham are about to release their short dossier on Burford Tomorrow.

This hasnt even started yet.

[trollwatch] 09/8/2019 18:02

Oh hello Minerve! Still kicking up an impotent fuss on ADVFN. Your favourite pastime....

[metis20] 09/8/2019 18:02

Gladstone Capital Management LLP 0.82% 8 Aug 2019
Gladstone Capital Management LLP 0.77% 7 Aug 2019
Muddy Waters Capital LLC 0.12% 7 Aug 2019

[stewpot3] 09/8/2019 18:01

Thanks for that winsome, I too intend to hold until redemption. The chances of a default do look slim, but stranger things have happened.

[minerve 2] 09/8/2019 17:59

How much have you invested here Brexit?

.0001%?

LOL

[minerve 2] 09/8/2019 17:58

getting makes it up as he goes along.

brexitplus does too.

ADVFN makes argument so convenient for them.

If it was in a room they couldn’t keep an argument up for over a minute.

Very sad impotent men.

[brexitplus] 09/8/2019 17:57

Chucky, do you really think so, or are you just flying a kite.

Like Winsome I think Burford have a very good case. Saying Burford is Enronesque would be enough for me, let alone market manipulation.

If anyone should be sued by shareholders it should be MW. That may come!!!

[chimers] 09/8/2019 17:54

I wouldn't be celebrating too soon guys.
Gotham are about to release their short dossier on Burford Tomorrow.

This hasnt even started yet.

[goodbloke1] 09/8/2019 17:54

Sorry Chucky.If that's an attempt to get the share price down Monday you need to try better then that son!

[ih_519566] 09/8/2019 17:51

How many class legal invetigations have been announced against Burford? I know of four of them already. Or are there even more? Those litigation companies must have the grounds strong enough to pursue the investigations and likely proper legal actions. Burford WILL get sued now, unless they come up with irrefutable proof. Oops.. They FAILED to do so in their RNS and the investor call yesterday.
Not happy, lost hard-earned money.

[stewpot3] 09/8/2019 17:50

As a holder of a large tranche of bonds, anyone have an opinion on their likely value in the foreseeable? Obvously I am hoping that they edge up to par again, and I am under no pressure to sell, but I do like to sleep at night.

[brexitplus] 09/8/2019 17:48

Winsome

Some people with huge egos often push the limits to far. Block appears to be one of them.

[winsome] 09/8/2019 17:45

Yes, Brexitplus, I noticed that tweet disappear. And since then, another. So MW already on the back foot. As I've just suggested, I think they need a new lawyer but perhaps they've already got one. I hope he or she is as bad as the last one LOL!

[winsome] 09/8/2019 17:42

bbm, you engaged with me earlier today and I made a concession to a degree. I asked you to comment $1.5bn in cash receipts to date cannot be ignored. And I asked you again. But no reply. Are you blinkered and only interested in covering your short? Cash doesn't lie. Why don't any of the bears want to talk about it? They want us to believe BUR's investments aren't generating any returns.

[brexitplus] 09/8/2019 17:41

Winsome

On this board earlier today someone posted the a tweet asking “is it Burford” and the tweet was then removed.

If true, I imagine this would/could be used as evidence.

A court case would be great fun.

[gettingrichslow] 09/8/2019 17:39

Wrong again Minny. You obviously missed my post where I told you when I got back in. Please pay better attention. Thanks to my stop loss I'm now slightly up over this whole farcical period, but importantly, at a much lower entry point!

[mryl] 09/8/2019 17:33

I have no issue with the practice in itself, if you were to show up and say "I believe x company to be overvalued for this and that reason therefore I have opened a short position", then fair enough. But no, in virtually all cases it involves lies, personal attacks, and acting like lunatics.

[molatovkid] 09/8/2019 17:32

Henchard, Mammyoko went on to say Burfords accounts are not fraudulent in his opinion.

The full quote:

'I qualified at PwC 30-odd years ago and have prepared statutory accounts for several complex FTSE 100 companies. I know a set of fraudulent accounts when I see them. Burford's don't have any of the attributes of fraudulent accounts. '

[winsome] 09/8/2019 17:31

Some are poo pooing the idea of BUR suing MW in US due to level of free speech permitted. But I've just had feedback from an old lawyer friend who is a little au fait with US law. Basically, MW have blatantly manipulated markets using malicious intent. The terms 'potentially' and 'arguably' are no escape route in this case. The accusation and insinuation had too many ramifications. Market manipulation is market manipulation and reputation has been unjustifiably tarnished. As the bears and bulls all know - the insolvency claim was grossly misleading and was the main cause of the drop in share price

If a US newspaper accused a prominent public figure of being almost insolvent because he had a $100k car loan but only $5k in his bank account (and therefore unable to pay back the entire loan there and then) not taking into account over what period the loan has actually to be paid and whether the person had any incoming salary to service the debt, that US newspaper would be heavily liable if their accusation had a detrimental effect on the person's relationships with his creditors. Never mind 'harmless free speech' this is what MW have done. For a few million dollars profit they have caused hundreds of millions of damage to ordinary investors. They have no conscience and are as bad as the Chinese companies they once exposed.

So I do hope BUR sue but whether they deem it a wise move long term is up to them. MW cannot demand full disclosure on BUR's confidential cases as they claim. Not all lawyers give great or even good advice. I suspect MW have had poor advice.