Burford Capital Share Discussion Threads

[5chipper] 13/8/2019 21:56

If Bur had one investment from day one which cost £100 of capital how would that run through the accounts if on the last day of y2 they settled for £200 total return?

[molatovkid] 13/8/2019 21:53

If Burford is a fraud, its certainly a long one....10 years and counting.

And now the directors are doing a reverse fraud, by pumping their own money back into the business they are supposedly using to commit fraud.

So they are literally defrauding themselves now.

Ridiculous?

Of course.

[scotty666] 13/8/2019 21:29

Quiet tonight 🤔

[henchard] 13/8/2019 21:29

epo001 - All I know is that a lot of folk who have perpetrated frauds on AIM investors over the years have got away with it, even when exposed. I guess you'd have to ask the likes of Globo's Costis Papadimitrakopoulos, and the directors of the numerous AIM China frauds, if you want a definitive answer to the question of how to "get away with the loot and stay free to enjoy it."

To be clear, I'm not saying BUR is a fraud. Merely that if I wanted to attempt a fraud in this sector, the company I'd design would look very much like BUR and very much unlike its peers.

I'm sure BUR must be aware of that, particularly after recent events, and will take steps to enhance investors' trust.

[borg45] 13/8/2019 21:26

Brilliant haha

[yidarmytom] 13/8/2019 21:24

for those Gentleman who missed this earlier

We believe Muddy Waters’ comment that Burford is ‘arguably insolvent’ is up there with comments like the Earth is arguably flat
Numis Securities

What a bloody sense of humour these fellas have!

Up tomorrow

[epo001] 13/8/2019 21:01

Henchard, don't stop there with the mealy-mouthed innuendo. The point to a fraud is to get away with the money ideally without being suspected or at least to be beyond the long arm of the law. How exactly does this fraud, you are so careful not to allege, complete? How do they get away with the loot and stay free to enjoy it?

[henchard] 13/8/2019 20:52

I think the problem BUR has is that if you were looking to perpetrate a fraud in the litigation funding sector, the vehicle you'd design would look very much like BUR in terms of the accounting methods it's chosen to adopt, corporate governance its chosen to follow, and so on.

I can't see a company in the sector that's better set-up to perpetrate a fraud - if that were the intention - than BUR.

[tsmith2] 13/8/2019 20:14

What I mean is there is no way you could have gone through the rest of the list to determine how astute the shorts overall were.#disingenuous

[hawkind] 13/8/2019 20:12

Because they are focking cuckoo

[yidarmytom] 13/8/2019 20:10

good post Hawkind, like your style, can't disagree with any of that

[hawkind] 13/8/2019 20:09

When you say gap open - Higher or lower?

[edmondj] 13/8/2019 19:40

Updated because Carillion is passed but shorttracker has kept it in. Shrewd pick.

[tsmith2] 13/8/2019 19:38

for someone who literally a min before posted "all 5". That's quite a rapido review of their positions

[passionforbanking] 13/8/2019 19:29

Guys, Gladstone tend to have a lot of shorts in other big companies too e.g. ASOS, so relax and enjoy the air

[edmondj] 13/8/2019 19:26

Larger than Muddy Waters' short and raised to 0.82% since MW cut to 0.12%:


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
Gladstone Capital Management LLP 0.65% 6 Aug 2019
Muddy Waters Capital LLC 0.57% 6 Aug 2019
Muddy Waters Capital LLC 0.71% 5 Aug 2019
Gladstone Capital Management LLP 0.50% 4 Jun 2019

[borg45] 13/8/2019 19:22

Seriously ????