Burford Capital Share Discussion Threads

[maddox] 09/12/2020 17:20

Hi Guys - great posts and great banter. If Burford do succeed in recovering the cash from the errant husband - it'll be fantastic publicity. Just hope Mrs Maddox doesn't get to hear about it.

[djderry] 09/12/2020 15:08

Thank you bamboo2 and 1aconic for your feedback. I will strive to do better.

[bogman1] 09/12/2020 14:03

Steadily rising today which is grand

[lazg] 09/12/2020 12:06

1aconic that was hilarious.

[lazg] 09/12/2020 12:06

1aconic that was hilarious.

[1aconic] 09/12/2020 10:58

More seriously, great post DJ. The poor research of press reports always staggers me. One I read a couple of weeks ago even said that it was Abramovich that was being litigated against (rather than Luna formerly having belonged to him). Half the hacks seem to spend less than 10 mins on Google "researching" their articles.

[1aconic] 09/12/2020 10:51

For those scrutinizing charts and trying to work out why the price dropped: it's not because there was a Dovetailed Reverse Downtube pattern last week, it's simply because my house sale went through and I've added another 50k in increments over the last week. Whenever I add, the price goes down... It's the only TA you need...

[syoun2] 08/12/2020 22:04

I love this stock it so much fun watching it go up & down & up. I’m still in for £50k and believe I will wake up one morning with a 100 to 300% rise. Hope 2021 good for Burford

[bamboo2] 08/12/2020 20:12

djderry, great post! Can I ask you to use the space bar after punctuation? This would make your post even better.

[djderry] 08/12/2020 19:42

I would take issue with the view expressed by Johnathan Eames,the legal editor.Granted,the case is controversial.But not,in my opinion,because it is backed by a litigation funder but because ,firstly,the quantum of the judgement award and ,secondly,the details of the trappings of wealth of high net-worth individuals. What's being missed here is that Burford does not involve itself in family/personal litigation.The company had nothing whatsoever to do with the divorce case.Why is this not stated in the article? What happened was that after the ( acrimonious) divorce,there was a high court award in favour of the plaintiff.The company then came onboard,having due diligenced the enforcement/duration/collection risks etc.This is ,in essence,the attempt to monetize a high court judgement.Of course it's a business proposition.However,from a moral and ethical perspective,this is to do with serving justice. There is also another misconception and it relates both to this case and to the Petersen matter.One would think that the company were a two- trick pony,involved in only high risk ,long duration binary outcome cases.Granted,most litigation cases involve disputes and some of those are heated and of long duration.But among the portfolio ( and I seem to have to keep repeating,it's a $4 billion dollar portfolio with 1100 separate litigation matters),the vast majority settle and do so on a dependable basis.( The level of due diligence and portfolio construction being two of the key ingredients.)

[kaos3] 07/12/2020 14:11

I saw double top so I sold at 750p waiting for 670p range

[williamcooper104] 07/12/2020 14:02

And having toped up it'll be an even fairer price soon :)

[bogman1] 07/12/2020 14:00

Topped up as well. Very fair price

[williamcooper104] 07/12/2020 12:45

Topped up again today - a little No deal brexit can only be positive/at least not negative Not least given Burs mainly USD assets v our Great British Peso

[mad foetus] 04/12/2020 22:10

Didn't spot those but closed up 4.4% on decent volume in US. Interesting

[three black crows] 04/12/2020 21:53

Bamboo, nice to see you topped up near the bottom at 711, managed to buy in at 718.3 not as good as yourself mind you. It did go close to 700 as I thought, I hope this will continue its 6 month trend now and rise out of the dip, if it does it may well breach 800 this side of Xmas, would be a good ending to the year before one sits back and reminisces over the eventful year !!

[bamboo2] 04/12/2020 21:22

US chart remodelled with volume UK chart, also with volume! Longer term us chart Not enough elapsed time to make this very useful, yet, but gives a picture of volume, and other aspects. Gla

[devalpha] 04/12/2020 21:17

The steadily increasing US volume suggests to me that we're seeing steady clever accumulation while the accumulators try not to increase the price when accumulating.The hallmark of the kind of longer term astute owners we need to replace the quick buck merchants.Good luck to all long term holders and anyone with a genuine interest.

[bamboo2] 04/12/2020 17:00

mf, talking of the US listing, did you notice all the small sells later in the session yesterday? It looked like an attempt at painting the tape. I thought they had stopped this kind of thing in the States? Got a few more today. I would like to see the 50sma hold next week.

[donald pond] 04/12/2020 16:21

Up 2% in US. Odd

[bamboo2] 04/12/2020 15:01

Added at 711. Hoping that we close above the 50sma

[williamcooper104] 04/12/2020 13:54

Same old same old I am topping up a little

[williamcooper104] 04/12/2020 13:53

All v sad - but failing to see the relevance of that to litfin