Burford Capital Share Discussion Threads

[mad foetus] 09/9/2019 11:26

Looking at the latest Liberum note, BUR's total AUM (balance sheet and 3rd party) is $2.7bn, compared to $230m for IMF. Harbour is closest in size at £760m

[yidarmytom] 09/9/2019 10:05

Thanks Tom, appreciate the update on Burford
Worst
Tom W

[yidarmytom] 09/9/2019 09:58

Worried Tom?
Worst
Tom W

[chimers] 09/9/2019 09:55

You all said this would be £20 by now and that there was nothing wrong...........
..........WHAT HAPPENED!!?

[yidarmytom] 09/9/2019 09:50

Boom! this is going north my disciples
Best from the Greek hovel
Tom W

[wardy333] 09/9/2019 09:47

Well its cleared £7.00p thought it would maybe more to come?

[mad foetus] 09/9/2019 09:40

Of course people will sue BUR. The first rule of litigation is to identify the party with the deepest pockets with any connection to the claim and sue them. The idea is that they will pay to be relieved of the hassle and reputational risk but I think BUR are happy to take it on

[3dwd] 09/9/2019 09:32

I suspect you are right... would be long now ..in my opinion.

[henchard] 08/9/2019 23:11

Dev, that's like HSBC shareholders saying Lloyds is a minnow compared with HSBC, or Novartis shareholders saying they're in a different league to GlaxoSmithKline. It's a bit meaningless.

[devalpha] 08/9/2019 21:27

Henchard, in terms of market cap, even after recent events, IMF Bentham are a minnow compared to Burford. Different league.

[yidarmytom] 08/9/2019 20:06

thanks Tom
Tom Zacharias W

[gettingrichslow] 08/9/2019 18:45

Tom, if I pay £12 can you send me two made-up announcements please with twice the amount of garbage in?

[yidarmytom] 08/9/2019 18:28

Hopefully an announcement tomorrow morning folks! You heard it here first. Please subscribe to the website for more info (£6 pm only)
hxxps://www.shareprophets.com/
Best
Tom W

[henchard] 08/9/2019 18:10

Devalpha,

I think "minnow" and "different league altogether" is a bit harsh on IMF Bentham.

"Chambers and Partners has started ranking litigation funding firms ...
The UK-based organization, which ranks corporate lawyers and litigators around the world, ranked six firms in its first-ever litigation funding guide. The firms are organized into three tiers — Band 1, Band 2 and Band 3.
In Band 1 are Bentham IMF and Burford Capital, both based in New York."

and

"IMF Bentham (or Bentham IMF as it’s known in the US), the world’s first major litigation funder and perhaps its highest-profile one, has two offices in Asia, one in London, one in Canada and four in the US in addition to its four Australian bases. Burford has five offices across the US, Europe and Australia."

[devalpha] 08/9/2019 17:56

With all due respect Tom, IMF Bentham are are minnow compared to Burford. Different league altogether.

[sweet karolina2] 08/9/2019 16:56

William,

Please could you list the clients of IMF Bentham that have sued it.

"There’s no surveying firm, legal or accounting firm of any size that hasn’t been sued by a client"

[yidarmytom] 08/9/2019 16:34

I take all my recommendations from Shareprophets fella (£6 pm highly recommended)
Best
Tom W

[bbmsionlypostafter] 08/9/2019 13:31

yaT,

Could you list the other shares you are 'invested' in so that people could either sell now before a shorter hits them or avoid them in the future?

TIA.

[yidarmytom] 08/9/2019 12:02

Here's another one that's plummeted die to a short sellers note, unfortunately I'm Long on BGNE too, but bout at 30 cents so still richer than I was lol



Just saying this is a common theme amongst short sellers in the U.S. issuing notes in the name of "research"
Best
Tom W

[williamcooper104] 08/9/2019 09:54

There's no surveying firm, legal or accounting firm of any size that hasn't been sued by a client

[blusteradjuster] 08/9/2019 07:48

Buyers set the price.

A good way to therefore keep a lid on the price is to keep a lid on the buy side of the order book and, heaven forbid, not allow any real momentum to build.


How best to achieve that?

Set up a FUD-factory, churning out fear, uncertainty and doubt and then disseminating it across every media outlet (including advfn and Twitter) to stay the hands of anyone inclined to buy.