Burford Capital Share Discussion Threads

[onjohn] 15/10/2019 19:43

Wonder what the audit qualification will look like after the bear attack froN Muddy Waters

[tightfist] 15/10/2019 19:31

Hi,My reading of it is that unbeknown to us Woodford has been off-loading stock, such that his holding yesterday was

[butchdriveshaft] 15/10/2019 18:44

Dear All,

I’m looking for some help interpreting the latest TR1 disclosure from Woodford.

The form states that they have transferred part of their shareholding in Burford to a new manager, thereby reducing their shareholding to below 5 percent. No shares were sold on the market.

I infer that the ‘new manager’ is Blackrock, they were in the press today as the new manager responsible for winding down the fund.

If I’m right, doesn’t that mean that there is still the same number of Burford shares to be dumped onto the market?? The only difference is that the 9.4 percent shareholding is split between Woodford and Blackrock.

[jonathanseabert26] 15/10/2019 16:46

Break even today lol - I consider that a good day

[williamcooper104] 15/10/2019 16:43

Topped up again today at just over 750Always thought Woodford was a buying opportunity

[time_traveller] 15/10/2019 16:41

Very satisfactory +5% on my double up of my holding in my trading account at 752 mid morning.

[mryl] 15/10/2019 16:40

been doubling my stake today with buys between 765 and 751p. a good day at the office :)

[scubadiverr] 15/10/2019 16:23

I wasn't expecting blue today. I expect a few have been burnt

[williamcooper104] 15/10/2019 16:23

Sophos yesterday - who also had a huge share price rise followed by a big dip and partial recovery

[henchard] 15/10/2019 16:16

Did BlackRock have any existing interest in BUR? Wondering what they'll do with the BUR stock now they've inherited Woodford's fund.

[lovewinshatelosses] 15/10/2019 16:12

That is a pleasing TR1. Onwards and upwards now please!

[stentorian] 15/10/2019 16:07

now less than 5% previously 9.48%

[bristol97] 15/10/2019 15:48

Interesting RNS - it doesn't say Woodford have sold any it says this "No trading in the stock - voting control interest over stock transferred to new manager".

[pal44] 15/10/2019 15:43

even more interesting short burnt ..

[mad foetus] 15/10/2019 15:40

More interesting is who has bought.

[bristol97] 15/10/2019 15:35

Looking forward to seeing the <3% RNS next.

[bristol97] 15/10/2019 15:31

Yep RNS just out Woody has now less than 5% left

[hernando2] 15/10/2019 15:29

Once woody goes who knows...

[babbler] 15/10/2019 15:28

Woddy less than 5% left

[lovewinshatelosses] 15/10/2019 15:23

Take overs get mentioned a lot of the time it seems, although in this instance and given the seemingly high level of M&A activity at the moment and with a fairly high number of UK stocks appearing quite cheap to foreign investors, I am inclined to agree, although not sure if it will happen as quickly as that. Certainly interesting times.

[gary03] 15/10/2019 15:21

great article but looking at share price history strong possibility that woodford has already sold part of the holding in preparation for the amount of funds in cash if the equity fund had become un suspended in preparation for the huge amount of sales when the fund gets un suspended.look at the share history of aa and kier group.GOT TO MENTION EDDIE STOBART LOGISTIKS WOODFORD HAS A 20 PERCENT STAKE FOR THIS LATER IN WEEK PHAPS ONE OF THE TAKEOVER BIDS MAKE A OFFER FOR THE STAKKE

[pal44] 15/10/2019 15:19

yup Jan 2020 so why the drop today just some minor panic one hopes . this has to recover prior to any significant selling .. GLA