Burford Capital Share Discussion Threads

[chimers] 10/2/2020 12:51

Your a bunch of BUTT HURT sniveling rats who have lost a fortune and will be losing more daily because you don't have the minerals to research properly and acknowledge sage advice when it slaps you in the dish!!

Now, that's the truth of it.

Whatsmore your ignorance and novice investing traits will ensure that you hold on tight all the way DOWN.

YOUR BAGHOLDERS.

YOINK!!..............

[dudishes] 10/2/2020 12:48

rar100,

Re: FCA Table of Shorted AIM Stocks not from IC or Daily Mirror I'm not a reader of either).

Note the Authority, FCA?

[chimers] 10/2/2020 12:47

"I" is the DADDY on here ok now kiss Daddy's boots.

[callmebwana] 10/2/2020 12:46

There is a facility of Filter here,please use it. Unless one likes to read a lot of bull !!

[chimers] 10/2/2020 12:45

Blah blah blah blah £12

Blah blah blah blah £11

Blah blah blah blah £10

Blah blah blah blah £9

Blah blah blah blah £8

Blah blah blah blah £7

Blah blah blah blah £6

Blah blah blah blah £5

Blah blah blah blah £0

Sorry ...who was right again? I couldn't hear you for all the tears sloshing around in your boots?

[time_traveller] 10/2/2020 12:45

"We have all heard you loud and clear."

I didn't hear a thing!

[adnan17] 10/2/2020 12:26

Not sure who you are arguing with Chimers?

[chimers] 10/2/2020 12:15

Blah blah blah blah £12

Blah blah blah blah £11

Blah blah blah blah £10

Blah blah blah blah £9

Blah blah blah blah £8

Blah blah blah blah £7

Blah blah blah blah £6

Blah blah blah blah £5

Blah blah blah blah £0

Sorry ...who was right again? I couldn't hear you for all the tears sloshing around in your boots?

[adnan17] 10/2/2020 12:10

@stockvalue it's not about changing the accounting rules. And it's not me that needs educating, I am a qualified accountant (including expertise in tax) and have over 30 years experience analyzing accounts having worked for a large bank.

They use jargon which confuses even large asset managers and professionals. Jargon such as: Deployments, Commitments, Realized gains, Net Realized Gains, Unrealized Gains, Net Unrealized Gains, Portfolio Finance, Complex Strategies, Partial Resolution, Concluded cases, etc. All these terminology is causing a great deal of confusion for the "average investor".

This is the only reason MW is able to sow the seeds of doubt. They know the terminology used is confusing to most investors.

[ozzmosiz] 10/2/2020 12:00

I take it you did not listen to the conference call.

[stockvalue] 10/2/2020 11:59

@adnan17 simplify their accounts? They are pretty simple to understand for me. Burford can't change the accounting rules just because retail investors don't understand accounting. Mabey start with a simple excel sheet and try to account like MW said Bur was doing, you will see that MW's claims are impossible. But mabey you could invent a new way of accounting.

[riverman77] 10/2/2020 11:58

I'm no fan of MW but I think this latest report is actually a lot more convincing than their original report. The fact is BUR's profits have collapsed in H2, which given the huge levels of investment over the past couple of years is a concern. I came to this conclusion straight after the trading update - MW haven't added anything that wasn't already apparent other than perhaps highlight to wider audience. Of course, this could just be a timing issue and lumpy profits are part of the deal - I guess we'll find out one way ot the other before too long.

I would also agree with MW's assertion that BUR seem more focused on quantity rather than quality of cases - a bit like a fund manager who tries to grow their fund as big as possible, even though this will ultimately jeopardise performance.

[hazl] 10/2/2020 11:53

He's just got out of bed I see.
It'll do what it will do.

No point in keep looking in when posts turns to rubbish.
Good posts earlier on though.
Gets it in perspective.
Burfield Capital is not going to disappear over night like some stocks.
Just time is the factor.


IMO

[adnan17] 10/2/2020 11:51

Burford needs to really simplify their accounts in my opinion. By providing too much detail in lots of different places and using a number of "unusual" terminology has led to quite a bit of confusion. Which still hasn't been cleared up. As is clear from MW report this morning.

It's entire history of cases won and cases lost can be summarized in a few pages.

[chimers] 10/2/2020 11:36

You guys are being slowly eaten alive and all you have to do to be set free is to accept me as your god.

Come along now just say it and you can go free and play with the others....


Sigh...

[chimers] 10/2/2020 11:31

This 'emperor' has no clothes WAKE UP.

[chimers] 10/2/2020 11:30

Right so £5 it is then........hands up all those who took MY ADVICE?

Oh dear..........well never mind worse things happen at sea ....if your on a Princess cruise.

[djderry] 10/2/2020 11:20

It's been getting sillier and sillier.Fine.If people want to follow the panicked herd,so be it.I've added again this morning.

[hazl] 10/2/2020 11:05

This will find its feet.


They strike at a time when it's bad for the markets anyway.

[winsome] 10/2/2020 11:01

According to MW, someone with a 100k mortgage and 10k car loan but only 5k savings in the bank is insolvent.

[time_traveller] 10/2/2020 10:42

Wait for the results, if they've got any sense

[hazl] 10/2/2020 10:41

Great posts this morning.

[hazl] 10/2/2020 10:38

Invesco still have over 10%. I will be interested to see what they do.

[winsome] 10/2/2020 10:09

May be some validity to some of MW's comments and he's relying on readers taking his word on the figures. Trouble is he's been crying wolf a few times too many and if he was hoping his cynically timed release was going to hit the share price then he's in for a miserable Monday morning.