Burford Capital Share Discussion Threads

[trident5] 29/8/2019 16:24

Wardy - can't you get a job with the sell side and work shares into the close. So few people know what you're even talking about - you'll clean up.

[wardy333] 29/8/2019 16:18

Sell side still working this into the close then the Auction, not looking great.

[onjohn] 29/8/2019 16:09

Worried it might crash tomorrow morning

[onjohn] 29/8/2019 16:09

234p target for me

[williamcooper104] 29/8/2019 16:01

Peterson is a USD settlement (IIRC) but will still be influenced by peso rate in that if it tanks then harder to collect

[mad foetus] 29/8/2019 15:59

It makes it double cheap

[trident5] 29/8/2019 15:58

And Argentine Peso.

[williamcooper104] 29/8/2019 15:54

Remember current sterling exchange rate doesn't make BUR cheap as their assets are mainly USD

[williamcooper104] 29/8/2019 15:52

At least with tea leaves you also get a nice cup of tea Charts can only work (if at all) in highly efficient markets - which any AIM stick isn't - and only on a security with mean reversion tendencies - which a growth/risk stock won't have

[1corrado] 29/8/2019 15:51

someone bought 50000 at 690.345.

[mad foetus] 29/8/2019 15:38

Bogart is scheduling a lunch with PIs on 24 Sept. Given that last time getting off AIM was something he was asked and better away, he needs to be prepared this time. The market is saying that there is too much uncertainty to buy BUR atm. The only solution is to provide more information

[trident5] 29/8/2019 15:38

Or, given his background - a fund raise.

[meanwhile] 29/8/2019 15:38

Below 700, a critical level; it looks very bad now.

Cut your losses and put the proceeds into 'gravy futures'.

[clocktower] 29/8/2019 15:37

Try borrowing money against your paper loss winsome and you will realise a loss is a loss, chasing dreams from here on it seems for you.

[pal44] 29/8/2019 15:37

I think the new CFO has to be working on an update to keep PIs interested here

[winsome] 29/8/2019 15:35

hawkind, mf, you are on the ball. I look as the CG report as a positive kick up the bum for BUR. I do think that they have probably been working on a comprehensive, possibly semi-independent review of their financials to placate those investors that have some belief in the MW report. I hope so and that they will release something in Sept. If not, then that would be very bad so I can't see that scenario emerging.

I still have a foot in this game as I suspect they'll be bought over by one of the many private equity parties they court, especially with the current exchange rate. If not, then roll on the US listing.

Meantime, a paper loss is only a paper loss so daily noise and twittering don't worry me.

[wardy333] 29/8/2019 15:33

Nice 4.30pm RNS would be a good move by management here.

[yidarmytom] 29/8/2019 15:32

some people have talked about Charts, but with this short attack and volatility short term charts are a waste of time IMO. This needs a co-ordinated campaign from the Co. to address governance, increase reporting to the market and as you say mad, keep the market better updated

[mad foetus] 29/8/2019 15:19

I do think But need to up their game a little. In particular, they need to update the market more frequently on progress. They have specifically "eschewed" that obligation in the past but I think that they need to keep the market better updated. A move to quarterly reporting or even to announce when each case of portfolio is concluded would alsohelp.

[bbmsionlypostafter] 29/8/2019 15:16

That's the spirit!

We'll ignore them on the beaches, we shall ignore them on the landing grounds, we shall ignore them in the fields and in the streets, we shall ignore them in the hills; we shall never surrender.

[wardy333] 29/8/2019 15:09

Sell side still getting a good workover by those that can, might buy in soon looks overdone but who knows.

[hatfullofsky] 29/8/2019 15:04

Sustained pressure here, no sign of positive news flow to stem the slide. Need some more Director buys

[wardy333] 29/8/2019 15:04

Don't think this will turn without something from BUR...