Burford Capital Share Discussion Threads

[hatfullofsky] 29/8/2019 12:49

Anybody posted this yet ?https://markets.investorschronicle.co.uk/data/equities/tearsheet/summary?s=BUR:LSECanncord downgrade to 575p from 1240p citing Cash Flow concerns

[eentweedrie] 29/8/2019 12:33

oh boy what a hero #yawn#

[wardy333] 29/8/2019 12:28

I think you will see £8.00p, before you see £5.00p here, this will turn at some point, it is trying to work out when.

[chimers] 29/8/2019 12:25

Clear as day Bear flag on the chart this is going to tank and some.

Hey be nice and I will pick it up of the floor when it's a penny share again, I will bump it back to 6p for you.

No need to thank.

Watch that Bear flag it will happen and it will be vicious.

Hey I,m calling it now Bear flag on the chart the flag pole will see this slap £5

[galatea99] 29/8/2019 12:22

"Ninth sovereign default?

Argentina is looking to restructure its debt with the IMF and bondholders in an effort to stem a confidence crisis that has upended the country’s financial markets. The nation will now delay $7B of payments on short-term local debt due this year and will seek a "voluntary reprofiling" of $50B of longer-term debt, as well as postponement on the repayment of $44B of loans from the IMF. The move will probably be judged as another sovereign default, although Argentina is at the moment only seeking a voluntary extension of repayment times, rather than "haircutting" interest payments or the size of its debt."

From "Seeking Alpha" Wall Street Breakfast.

[mad foetus] 29/8/2019 12:18

Bogart is over next month on a charm offensive btw. Lots of meetings with institutions and OUr are being arranged

[bbmsionlypostafter] 29/8/2019 12:10

265p.

HTH.

[wardy333] 29/8/2019 11:52

Still being worked here , they must have a target price.

[williamcooper104] 29/8/2019 11:01

Yep - but CDS moves a few weeks ago priced for itThe collapse in peso given mainly dollar interest to pay made it inevitable that their would be a debt restructure It's all very relevant to Bur but it's already well known

[trident5] 29/8/2019 10:58

2 hours old.

[trident5] 29/8/2019 10:52

More bad news:

[williamcooper104] 29/8/2019 10:23

Note also that after the first piece all of MWs subsequent notes have came out when the markets closed

[williamcooper104] 29/8/2019 10:22

It is - and if the case - MW will be furious with TW I'd kept an open mind about TW - especially as was v bored by the multiple sock puppets boring on and on - but that tweet was seriously dodgy

[tsmith2] 29/8/2019 09:49

embarrassing if that's the case

[williamcooper104] 29/8/2019 09:48

If MW had something to publish I doubt they would have published it at 8 15 after TW tweeted

[edmondj] 29/8/2019 09:45

Market manipulation is a wider issue than a parochial matter for stock traders' choices: the stockmarket exists primarily as a means to raise capital, so if confidence in such is impaired then it reduces efficiency/legitimacy of capitalism.

[wardy333] 29/8/2019 09:43

I don't hold but a fair playing field is not operating in the U/K.

[tsmith2] 29/8/2019 09:42

still no sign of muddywaters tweets?

[eentweedrie] 29/8/2019 09:39

blah blah seriously, stop whinging, grow a pair you muppets.Long / short - you have a 50% chance of profiting!

[edmondj] 29/8/2019 08:52

Why market manipulation needs rules/action:

- Libel/slander issue of damage to a company's reputation which can affect underlying business.

- 'Once bitten twice shy' can then apply to stock traders/investors that impairs the rating a good while, e.g. potentially also raising the cost of capital via share issues.

Whether an investor or corporate, it should be reasonable to expect the market operates on established truths and standards, than rigging operations however short-term.

E.g. smaller private investors are not allowed even to submit multiple small trades so why should sophisticated big boys be able to muck about, at all?

[blah blah] 29/8/2019 08:49

Re 12308 - that's like taking a pea shooter to a gun fight...

[bulltradept] 29/8/2019 08:41

Why do people keep on about market manipulation? If the price is low and you think it's a bargain and will appreciate, buy more.

[yidarmytom] 29/8/2019 08:41

people acting in concert on the short side....