Burford Capital Share Discussion Threads

[sbb1x] 12/8/2019 10:54

Today high of 916 got to be 1st target

[knowing] 12/8/2019 10:54

You, me and everyone except corrado

[hawkind] 12/8/2019 10:53

If by some miracle MW issue another damning report in response, who would buy if it went into the 300's again."Buy when those are fearful, sell when those are greedy"

[sbb1x] 12/8/2019 10:52

Been buying again today...

[hawkind] 12/8/2019 10:51

This will hit double figures by close today IMHO

[brexitplus] 12/8/2019 10:50

Chimers, wrong. The relevant RNS came out at 4.02pm. All above board. And the original RNS giving details of the purchases said after the rebuttal which was the RNS, NOT the conference call.

Please get your “facts” right.


“8 August 2019

Notification of transactions by persons discharging managerial responsibilities

Burford Capital Limited ("Burford"), the leading global finance and investment management firm focused on law, has been notified of certain share purchases made this afternoon by Christopher P. Bogart, Burford's Chief Executive Officer, and Jonathan Molot, Burford's Chief Investment Officer.

As outlined in previous announcements, Mr Bogart and Mr Molot can confirm that they have purchased shares following release of Burford's response to the Muddy Waters report. Mr Bogart purchased 123,747 ordinary shares of nil par value in Burford ("Ordinary Shares") and Mr Molot purchased 350,643 Ordinary Shares, in each case on the market at a price of 663.77 pence per share.


As a result of these transactions, Mr Bogart controls a total of 8,910,037 Ordinary Shares in Burford, amounting to 4.08% of the issued share capital and Mr Molot also controls a total of 8,910,037 Ordinary Shares in Burford, amounting to 4.08% of the issued share capital.

[winsome] 12/8/2019 10:46

All the ranting on here and predicting short term share price is a waste of energy. Innuendo is more powerful than fact short term. The share price will be volatile for some time and wont rise to near previous highs for some time.

One thing is sure, if the price stagnates for another 6 months BUR will dual list on NYSE and beef up the board or they will sell out to private equity. Both scenarios will bump up the price quite a bit, IMO. So a good long term buy at current price. But I'm waiting for the dust to settle a bit more first.

[ozzmosiz] 12/8/2019 10:46

> We’d get more sense out of the Chuckle Brothers.

Even the dead one!

[gettingrichslow] 12/8/2019 10:44

Christ, now SweetK is back too. We’d get more sense out of the Chuckle Brothers.

[chimers] 12/8/2019 10:39

The share price went through the roof the second it became clear to people on here after begging to be told ...how many and at what price the directors had bought.Thats when I cashed out.

My trade will be available to the lawyers.

[sweet karolina2] 12/8/2019 10:39

MM tree shaking? Surely that would be market manipulation!

[brexitplus] 12/8/2019 10:39

Sk2.

Nice try but wrong.

Try again.

[chimers] 12/8/2019 10:38

OH IM HERE FOR THE WEEK NOW GUYS I LIVE FOR THIS KINDA THING.

Kettles on...........

[scotty666] 12/8/2019 10:38

Is this the chimers & SK show? Regardless of all the noise and bluster a nice reversal there for anyone trading rather than typing.

[tsmith2] 12/8/2019 10:38

Token buying lol!!

[brexitplus] 12/8/2019 10:37

Tsmith, not sure who you are responding to. Can’t be me since I am trying educate someone with published RNSs.

[mad foetus] 12/8/2019 10:37

Can we all filter and ignore Chimers? I did this over a year ago. His investment approach is very consistent: he loses money and swears a lot. Just ignore

[sweet karolina2] 12/8/2019 10:37

Chimers,

The share price dropped during the call. One of the reasons for that was because of how few shares were going to be bought by PDMRs, who had made a mint out of selling them not that long before.

The Investors Champion podcast made a big point of how the principle managers had bought early on but never topped up at higher prices until they sold at a huge profit, IC did not use the term but it was LENIGASESQUE.

Most, apart from naive mug punters see the token PDMR buys as a negative not a positive.

I believe using a well promulgated open to anybody conference call to put a bit more detail on something already announced (PDMRs will buy once rebuttal released) as a valid way of informing the wider market. RNSs go out and everybody can theoretically access at the same time, if they are logged onto the internet however during the working day many cannot read them and act on them. The same is true for conf calls except you only need a phone signal not wifi or 3/4 G to join in so even disconnected from the internet you could join.

[brexitplus] 12/8/2019 10:35

Getting, agreed. Just need an email address to send the award. Chimers, please oblige.

[brexitplus] 12/8/2019 10:34

Chimers, it takes a man to apologise when they are wrong.