Burford Capital Share Discussion Threads

[ozzmosiz] 12/9/2019 15:18

816 - lovely :)

[ozzmosiz] 12/9/2019 15:09

Most of the press just steal others work anyway and publish it without question.
Lazy!

[dgdg1] 12/9/2019 15:04

The press are completely unqualified to assess a matter as complex as this. Naturally they just focus on the drama of the accusations and fall in share price, assume no smoke without fire and understandably rely on MW's previous track record of usually getting things right, but clearly they have not the slightest inkling how to decide on this. To be fair even HL fund manager admitted they didn't know. But then you get serious professionals like all the analysts supporting Buford as well as this latest Caro-Kann report. Interesting that even Canaccord who lowered their target price and have long been bearish (without claiming fraud) didn't comment on MW's report. I think that is proof that they don't agree with MW even though they don't want to say so because it's inconvenient and goes against their bearish case. If they would agree with some of MW's claims they certainly would have brought them up in their ananlysis. So we seem to have proof that even the bearish analyst doesn't agree with MW.

[chucko1] 12/9/2019 14:41

I’ve taken the time to read the CK Capital analysis of the MW thesis. What stuck me most was the fact that some of MW’s “points” were contentious at best, infantile at worst. For example, they seemed to make play upon the IRRs cited on occasions by BUR. Anyone who knows a sufficient amount about portfolios of mixed assets and evaluating IRRs knows that there is more than one way of quoting certain risk numbers and other KPIs. In some circumstances, one method will be more informative than another but not be best or even sensible for the occasional line item. It is possible to mix methods, but you would then be expected to be prescriptive which may make matters even worse.

If BUR had chosen different methods for different line items, then MW would surely have made a great song and dance about that instead. In the case of the Russian divorce matter, MW cited an improbable denominator as being a smoking gun (of sorts), but in large portfolios, small nominals or short maturities and/or low bond prices give rise to what appear to be anomalous risk or return measures - clearly MW has little practical experience of these things.


The issue of ignoring the larger profitable items and seeing what returns were from that point is, on its own, pretty absurd. Why cite such things if the case they make is strong on account of some of the other “points”? This is not MW’s finest moment in my opinion, and I am a little surprised the press has not more focused its criticism on them, rather than BUR.

This is not to say that there are not some concerns with BUR, but you can look at any company and form a negative view of certain of its activities should you wish. All MW did was to throw a cup of radioactive waste at it, and some investors are not confident of its half-life.

I bought a few.

[ozzmosiz] 12/9/2019 14:39

Well there's one. At least he knows he's a troll as he had to respond (though I won't read it as IT is filtered)

[bristol97] 12/9/2019 14:30

Don't think so George. You should go back to trucking with your brother Eddie.

[george stobbart] 12/9/2019 14:21

This stock is Trash Scam Basura Mierda Junk Garbage.. That's what BUR is

[ozzmosiz] 12/9/2019 14:07

Trolls have gone quiet :)

[mhassanriaz] 12/9/2019 11:45

Very tight spread looks stable. We may hear from the BOD very soon with positive material updates.

[george stobbart] 12/9/2019 11:44

Short sellers and weak hands always win. That's the game.

[syoun11] 12/9/2019 11:37

Yes let the shorters continue but as we know the spring will have to release eventually. The longer they continue the more they will lose.

[mr jam] 12/9/2019 11:14

long term this is a 5 bagger.... so let the myopic shorts yap away. they'll get taken out in time

[yidarmytom] 12/9/2019 10:34

it's obvious the momentum, the sentiment, the technicals, the wider investment community and the plans the Company have all point to this getting re-rated and moving back to a more sensible valuation >£10 a share.

[yidarmytom] 12/9/2019 10:32

why are these morons regurgitation old content, old news and desperately clutching at old straws? If i was short I'd cover and move on ffs.

[brownie69] 12/9/2019 10:19

Good to see a short attack quickly repelled this morning. Bodes well for the rest of the day.

[mhassanriaz] 12/9/2019 10:05

Keep looking for the black car Carson. You won't find one. MW are getting down to a very low standard argument. BUR clientele are high profile so what do you expect? meeting them at Mcys or Primier Inn.

[george stobbart] 12/9/2019 09:46

BREAKING NEWS: Muddy Waters releases Short Selling Report and accuses Burford Capital of deception

[nw99] 12/9/2019 09:25

Reaching for the sky chart

[purplepelmets] 12/9/2019 09:21

It's what I call a Beachy Head chart. For the benefit of foreigners it's a renowned cliff in the south of England, popular for suicide leapers. Probably a few old Burfordians among them. And yes, this woofer is tanking yet again.

[yidarmytom] 12/9/2019 09:10

great chart, cup, handle and this will be >£10 in a matter of days

[sparusty] 12/9/2019 09:05

Oh the doommongers are getting exceedingly desperate.
Are the rats leaving their burning short?

[johnwig] 12/9/2019 08:57

There aren't any bearS (plural). Only one incompetent desperate bear living in a shack.

[mister md] 12/9/2019 08:54

looking at the charts above, is the recovery in the bond prices significant ?