Burford Capital Share Discussion Threads

[devalpha] 09/9/2019 21:59

Worth a read.Good luck to all long term holders and anyone with a genuine interest.

[lomax99] 09/9/2019 20:15

You talking to yourself again...

[williamcooper104] 09/9/2019 19:33

Given that there's no obligation on IMF to report every threat of litigation it's going to be impossible to answer that question - as you know My own personal experience of dealing with litigation funders (admittedly not directly as a client but v close to one) has been positive It's inevitable that as a deep pocketed participate in multiple litigation they are going to get litigation threats It also seems that their asset recovery business generates more of these than their core business - whether having this in house is a "secret sauce" benefit or a liability is a good question (I don't know answer)

[rar100] 09/9/2019 18:56

Some of the psycho 'posters' here could do with a sawn off shoved hard in their faces, to improve dialogue...

At least the longer term posters here make sense usually

Mad i agree entirely that BUR needs to ramp up a huge charm offensive NOW.

[galatea99] 09/9/2019 18:17

MF, the Peronistas, likely winners of the forthcoming presidential election, have just last weekend been discussing their election programme. The development of Vaca Muerta was high on the list of topics discussed. The thinking seems to be going very much towards a nationalist approach. I even read one comment that they want to "lock it up for the Nation". This thinking is very much along the lines of Peronista policy for decades and decades. I very much doubt that any initiative of the Macri government that might entail foreign involvement or dependency of any kind would be favoured by the Peronistas. Since the development is very likely to be financed internally, perhaps through some kind of petrobond taken up locally, then your reasoning there is, imo, rather tenuous and premature.

[sweet karolina2] 09/9/2019 16:50

William,

Have you found the clients who have sued / are suing IMF Bentham yet? IMF has been going twice as long as BUR. BUR has at least 2 law suits from its clients so there must be 4 or more for IMF, just one name of an IMF client will do, after all:

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

[mad foetus] 09/9/2019 15:20

Also, I saw last week that Argentina are planning a 5bn facility to help export LNG from Vaca Muerte. If the Petersen case goes to court that may be relevant. The US court, and by extension the IMF, may be concerned at a party that says it cannot afford to pay for what the US court found that it stole, yet can afford to spend billions to commercialise it.

[mad foetus] 09/9/2019 15:09

FWIW I believe Bogart is in London in 2 weeks time meeting investors, so it would be good to get news before then. Top of the list is quarterly reporting, even if just an update. To wait until next March before the next set of results is too long.

[bbmsionlypostafter] 09/9/2019 15:08

yaT I'm afraid I'm going to have to filter you for being a TW bore unless you cool it. By your own admission you don't subscribe & have never read TW's stuff - you're talking far too much & too often about something you don't know anything about.

[yidarmytom] 09/9/2019 14:57

don't worry, I won't be subscribing Tom
Worst
Tom W

[george stobbart] 09/9/2019 14:44

We don't accept customers on our site from Clerkenwell

[yidarmytom] 09/9/2019 14:42

I did tip OPTI @ just over 100p, another one wrongly called........
Best
Tom W
Clerkenwell EC1R 5BX

[williamcooper104] 09/9/2019 14:06

Even if you thought the equity was underwater the option value would be worth much more than 2p

[george stobbart] 09/9/2019 13:43

Hi yidarmyTom

The 6 quid a month site is going great with huge number of visitors. We are considering raising the price to 7.


We are preparing an article explaining why BUR is worth 2p. At 2p is still overvalued.

[chimers] 09/9/2019 13:29

Its going to £5 it is going there quickly or slowly but one thing you can guarantee and that is, thats where it is going.

[mad foetus] 09/9/2019 13:27

Liberum view is that if BUR nee makes another investment and goes into run down mode fair value would be 821p.

[yidarmytom] 09/9/2019 13:06

Please check out my Radio Show fellas:-



Best
Tom W

[george stobbart] 09/9/2019 13:02

Delisting hour coming. Fair value = 2p.

[chimers] 09/9/2019 13:01

Gosh, look at this fly!!!!!.............

[ozzmosiz] 09/9/2019 12:59

Sell then
--
rar100:
I don't see them being very dynamic in any way in convincing LTH's like me to keep holding - before 50% loss becomes 100%.