Burford Capital Share Discussion Threads

[lomax99] 10/9/2019 08:24

Confirmation of tangible progress to a NASDAQ listing should see this back over £10.

[chimers] 10/9/2019 08:21

Its got nowt to do with that it is simply riding on the wave of others results.

[brownie69] 10/9/2019 08:16

A good healthy bounce this morning. I suspect that the front runners of the short cam,paign are out just leaving the lemmings that follow them to face the music.

The shoters are clearly out of ammo and now is the time to buy. It will not recover to former levels immediatly but 1000 to 1200 could easily be achieved in the next few months IMO. DYOR as usual

[ozzmosiz] 10/9/2019 08:14

dgdg1, because it's cheap?

[chimers] 10/9/2019 08:13

I knew this would rise today!!! I said it would ...didnt I say it would....well I did!!


What we talking about again?

[inv] 10/9/2019 08:12

should hit 750p today

[dgdg1] 10/9/2019 08:11

Yes very interesting. Could this be the reason behind today's price increase? This does seem a bit far-fetched, so does anyone have any other specific ideas?

[yidarmytom] 10/9/2019 08:05

I have also added more today
Best
Tom W
Clerkenwell EC4

[nw99] 10/9/2019 08:03

Thanks good spot added more BUR

[winsome] 10/9/2019 07:16

Interesting - LIT results today. They say they don't use BUR's accounting model but hint they may do so in future.

[yidarmytom] 10/9/2019 06:57

✓ At the end of 2015 Burford did not include the effect of the accruing interest at a
rate of 18%.

✓ At the end of 2016 Burford carried the Napo investment at ~$21.3M while it was
legally entitled to ~$51.1M.

Why did Burford apply such a conservative approach? Burford did so because it was not
certain about collectability of its entitlement. This shows thoughtfulness and conservatism as opposed to aggressiveness to impress investors with returns as implied by Muddy Waters."

[williamcooper104] 10/9/2019 00:56

No need to follow ''Tis it the end of days tomorrow

[george stobbart] 10/9/2019 00:42

Stop posting here scumbags. I get your stupid alerts and it's late, I want to sleep.

[gettingrichslow] 10/9/2019 00:33

I don’t want to encourage you to become any lazier...you can find them if you take a proper look. But suggest you read the report Devalpha posted first. And by that I mean beyond page 2. Try to get to at least double figures all on your own.

[henchard] 09/9/2019 23:59

gettingrichslow - go for it, point me to anything at all balanced and considered you've posted. In my experience, all you do is cheer any positive comments and try and belittle any negative points by a personal attack on the poster.

[gettingrichslow] 09/9/2019 23:49

There is nothing ‘nuanced’; about your posts, Henchard. Occasionally posting something balanced and considered doesn’t excuse your many (and incessant) unbalanced and ill-considered posts I’m afraid.

[henchard] 09/9/2019 23:35

gettingrichslow, you'll get rich very slow if you just uncritically dismiss anything that doesn't accord with your own view.

You try to dismiss my views by saying "Henchard doesn’t seem to be very bright". What did you think of my post 8436, questioning:

'Has Muddy Waters gotten a bit lazy and living off past glories?'

and suggesting:

'"new" stuff/details in the MW report seem to have been effectively dismissed by BUR. E.g. one SEC filing by that biotech firm with the same office address as Invesco is plainly a data entry error. MW trying to make something more of it was, to borrow a turn of phrase from MW itself, "egregiously misleading."'

and concluding:

'As a supporter of shorting as an efficient means of regulating markets in the absence of effective official regulation, I'd hope MW has some serious adverse material on BUR that it's holding back, as without it, its credibility as a primary research house is looking iffy to me.'

I can assure you gettingrichslow that building a nuanced view of markets and companies (as opposed to clamping a monocular to your eye) will help you get rich a little bit quicker than spending your time slagging off anyone who considers the strengths and weaknesses of the bull and bear arguments.

[williamcooper104] 09/9/2019 23:10

Thanks for posting - v interesting - reading now

[henchard] 09/9/2019 23:04

Sparusty

"But you appear to have no issue with Muddy who are short on Burford."

I have no issue with either. They're both putting forward their cases and the market will weigh them. It's a good thing, imo.

FWIW, having read the Caro-Kann report, I think, on first blush, it's a strong piece of work in many respects. The Napo matter and its implications still remain a concern for me, but that's just my view.

[gettingrichslow] 09/9/2019 23:02

Sparusty, I noticed that and thought that was amusing too. But as I’ve pointed out before, Henchard doesn’t seem to be very bright so can’t see things that appear obvious to others. This is just another example in a series of clear examples.

[djderry] 09/9/2019 22:51

When I say the above,I refer to post 12983.I'm starting to sound like the idiot MW report,getting even the case numbers wrong!

[djderry] 09/9/2019 22:48

It's an in-depth analysis dealing line by line with the selective ,biased and misleading MW bear attack,which,in reality,is toothless.Well done Devalpha.Anyone posting bearish rubbish,including the above,should read it thoroughly.The bears don't have a leg to stand on! The comment about the disclaimer is pathetic.Look at the MW disclaimer and then you'll see the cowardly way they use language to promote their dark arts.Each week I move funds to my brokers and circa another 20K euro will be invested by me in Burford this week.The bears will soon be back in their lair.

[sparusty] 09/9/2019 22:44

Buy you appear to have no issue with Muddy who are short on Burford.
Also amusing.

[henchard] 09/9/2019 22:35

I look forward to reading in full.

But can't help observing to begin with, that this is getting very amusing.

The Caro-Kann report introduces itself:

"Disclaimer
The presented views and analysis are an opinion of Caro-Kann Capital LLC. Caro-Kann Capital LLC and / or its affiliated entities are long Burford shares."

Adding: "Various factors may influence or factor into the analysis or the opinion" whatever that means in plain English.