Burford Capital Share Discussion Threads

[stockvalue] 07/2/2020 21:34

One of the counsels withdrew as counsel for Defendant Argentine Republic in the Petersen case... don`t know if its good or bad...

[williamcooper104] 07/2/2020 20:48

When to sell on a winner is really hard to work out - but when to sell on a dog is easy Just because you sell on a drawdown doesn't mean you can't buy in later Burs has been a total waste of time for last 6 months - I've been happy to be mainly away - it may all come good/better but ill be back in when it does - and if I don't get the bottom I'm not too bothered - not looking the hole in one

[hawkind] 07/2/2020 20:16

Interesting, that this approach worked for you.

[gettingrichslow] 07/2/2020 19:47

Hawkind, you say “cut your losers” but some of my biggest ever gains have been in companies that dropped over 50% from when I bought them, and then soared to many multiples of the original investment thereafter. ARM Holdings and Glencore being two that spring to mind. Similarly, some of my biggest ever losses were in companies where I did “run the winners” and then they ended up worthless when if I’d sold up I would have crystallised big gains!

[hawkind] 07/2/2020 17:16

Yes, i like that statement. Also like the look of LIT too I think BUR and LIT both will do well in 2020

[hatfullofsky] 07/2/2020 17:08

This statement has had me buying all week.We are entirely unconcerned about that, and as January 2020 has proved, circumstances can change quickly in our business. We focus on cash, and the best value outcome for shareholders from our investments, rather than managing realisations to an accounting year-end. We can't control when courts rule or matters resolve - and in many instances we make more money from delay because of the pricing structure of our legal finance assets.

[hawkind] 07/2/2020 17:08

Shouldn't call out people on bad judgements. We all get it wrong sometimes, and some right. The name of the game is to get more right that you do wrong, run your winners and cut your losers. Of course easier said than done when human emotion intervenes

[sogoesit] 07/2/2020 17:05

How's MXCP doing?

[gettingrichslow] 07/2/2020 14:22

And he came a cropper on Bango...

[nico115] 07/2/2020 14:17

Chimers bought loads of Merc at 32pNow 26pOuch Don't follow Chimers

[williamcooper104] 07/2/2020 13:24

NAV the shooters charter !!!! NAV is the anchor for longs

[chimers] 07/2/2020 12:43

adnan, IT IS YOUR LOT WHO KEEP ASKING ME QUESTIONS NOT THE OTHER WAY AROUND.

I AM RESPONDING TO EITHER QUESTIONS OR ATTACKS ON MY VERACITY.

[lomax99] 07/2/2020 12:39

NAV, the shorters charter!

[williamcooper104] 07/2/2020 12:06

Have been out of Bur - couldn't resist little buy this morning Prior NAV 650 - haircut Peterson but add in realised cash from prior booked gains (should be NAV accretive) and I'm guessing that NAV is still in the 6 something region Will be very interesting to see results

[hazl] 07/2/2020 11:45

BUR actually is down to the price roughly, that I first bought at .
Seems a bargain to me.

[ozzmosiz] 07/2/2020 11:43

Try using the filter button

[chimers] 07/2/2020 11:38

I suggest you READ THE AD4 THREAD WHICH IS CLCO.

[keyno] 07/2/2020 11:32

Shouldn't this thread be renamed "Chimers"? He's taken it over in all but name. For Pete's sake - just filter and stop talking about the man. Why try and compete with somebody like that? Really ...........

[hazl] 07/2/2020 11:26

Yes 8 to 10 pounds would be good for me, too, but perhaps we ought to work out our own opinion on value?

[hazl] 07/2/2020 11:24

Just out of interest how much have you lost on CLCO?
I see you started the thread and post 15 is relevant?
Percentage-wise quite a lot by the looks of it.