We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Burford Capital Limited | LSE:BUR | London | Ordinary Share | GG00BMGYLN96 | ORD NPV (DI) |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
4.00 | 0.33% | 1,217.00 | 1,212.00 | 1,218.00 | 1,221.00 | 1,201.00 | 1,201.00 | 5,762 | 11:57:51 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Unit Inv Tr, Closed-end Mgmt | 1.39B | 610.52M | 2.7883 | 4.36 | 2.66B |
Date | Subject | Author | Discuss |
---|---|---|---|
12/5/2021 09:47 | Loglorry, I think it’s more significant than you’re saying. Play around with a discounted cash flow model for 10 minutes by varying the interest rate up a little bit (from a very low base) and you’ll see that it’s very significant. Maddox, the notion that BUR is ‘uncorrelated& | gettingrichslow | |
12/5/2021 08:11 | Higher rates mean discounted cash flows of future settlements and wins are lower. Inflation and rates do matter to BUR valuations. It's not massively significant. | loglorry1 | |
11/5/2021 23:14 | Hmmm good thoughts amigos, thanks | maddox | |
11/5/2021 22:56 | Share prices move up and down every day.It's always entertaining to watch commentators 'explain'.Then,when the price goes in the opposite direction,they come up with alternative explanations.A little like football pundits predicting the results of games,once the game is over,no one cares. I think one of the strengths of Burford is the non-correlated nature of the asset class and,in time,this should be reflected in the shareprice. A few caveats,though. Holding hard-to-value assets for an uncertain and indeterminate period will probably lead to quite some volatility in how (mostly short-term) investors value the company. Secondly,and I know you all know this,but all stocks are correlated.When the lemmings get frightened and then greedy and then frightened again,then all shareprices tend to move in the same direction.It's nothing personal. Thirdly,and this relates to correlation within the portfolio itself (which ,I think, warrants more investigation )is the effect of financing similar cases.In the last set of results we saw how this led to a hugely successful set of realisations for the company.If one case succeeds,then the related cases are almost certain to do so.It might be an exaggeration to say it's like shooting fish in a barrel,but perhaps it's not much of an over -exaggeration.When these cases go your way,this is ideal.However the overall portfolio may be more correlated than first thought. | djderry | |
11/5/2021 22:44 | Maddox - Burford always falls when the wider market tanks. Completely irrational as the underlying assets are uncorrelated, but that's the way it is and just to be treated as short term noise. Last year this provided a fantastic opportunity to buy at incredibly cheap levels. If we were to see a meaningful correction I'd certainly be adding more, but not even close to that at the moment. | riverman77 | |
11/5/2021 21:32 | I bet Burford are backing the compensation claim for the Hitachi train problem | three black crows | |
11/5/2021 21:22 | Don't you love a down day - so apparently it's as a result of a fear of inflation leading to rising interest rates. Hmmm and what might the consequence be for an uncorrelated business like litigation finance I wonder? Well I'd say a positive as it will drive demand for external finance from firms. Any one else care to speculate? | maddox | |
11/5/2021 21:12 | As the Romans always said Rome wasn't built in a day | tnt99 | |
11/5/2021 21:06 | Nice one flare must be one of those hitachi trains lol but the engineers are on it then we will continue our journey to 15 pound land together | tnt99 | |
11/5/2021 19:27 | Most of the volume was 3 or 4 really big trades | syoun2 | |
11/5/2021 18:08 | large volume today, more than usual, I guess it's new investors taking profit - I hope the inflation fears peters out over the week, seems pretty extreme but that's markets! | rar100 | |
11/5/2021 16:57 | Hopefully it's not one of those Hitachi Class 800 trains? | flare1 | |
10/5/2021 08:30 | Moving on up get on the train quick!!!Who woo next stop 15 pound | tnt99 | |
09/5/2021 10:03 | True value, not "fair value" is based on what one will pay for it. The current price may well be a reflection of it being a less risky asset class, compared to some that are currently seen as overpriced. The share price price in 2017- 2019 being £15+ shows what one will pay. I am confident Burford is in a stronger position now than back then. | three black crows | |
09/5/2021 00:00 | Hi Kirkie, Yes, all your stated criteria have been more than met. For example their IRR ratio has been remarkably consistent at c. 31%. Perhaps you can justify your stance by quoting BUR's metrics where they fall short of meeting those criteria? | maddox | |
07/5/2021 21:20 | We don't have an annuity income stream yet - the management fees aren't material and the benefit of the fund is performance fees which could be material but won't be a regular recurring earning stream with an earnings multiple Other than that though I'd say we have either passed or are close to passing (as in we've just passed and need a bit more time to demonstrate it) your tests | williamcooper104 | |
07/5/2021 21:12 | Totally - I regret not buying more when management where buying - as that's the ultimate buy signal But, as they say, the goal in investing isn't to get a hole in one | williamcooper104 | |
07/5/2021 20:49 | Hi Maddox - I'm not sure that they have yet, unless you can direct me to something I've missed? Cheers K | kirkie001 | |
07/5/2021 20:16 | You know what they say let the trend be your friend!!! | tnt99 | |
07/5/2021 20:14 | Still cheap buy some more!! | tnt99 | |
07/5/2021 20:00 | Possibly my best buy ever. I just regret not getting more but I was genuinely concerned at that time. 'Be greedy when others are fearful' is harder than it sounds! | scubadiverr | |
07/5/2021 19:52 | Hi Kirkie, All your criteria have already been met. | maddox | |
07/5/2021 19:09 | Up another 7% in the US. I think something is slowly leaking out on Petersen but that’s just a hunch obviously. This has more than tripled now since the low last year. | gettingrichslow | |
07/5/2021 19:03 | Looks like the price has continued to go up in the US | dekle |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions