Burford Capital Share Discussion Threads

[donald pond] 17/3/2022 21:44

They are "plains" because they are featureless, not because they exist in 2 dimensions only, as a plane does.

[riverman77] 17/3/2022 17:21

We already know this year's results will be nothing to shout about. The best hope is that they confirm some big new case wins since the start of the year. Otherwise we'll have to wait until late summer for the next update (unless something happens in Peterson before then).

[williamcooper104] 17/3/2022 17:07

Lawyer math is legendary - number of defective RPI rent review clauses I've come across over the years

[planit2] 17/3/2022 16:59

That's a harsh post.

Lawyers are normally good with English, it's their maths I have always had trouble with.

There are 2 downtrends to break through - shorter term at 730 and then 790 for the one since April 21.

Earnings last year seem to set off a rally or was there some news?
Hopefully get a good rise this year.

[maddox] 17/3/2022 11:37

The rain in Spain stays mainly on the ..... (5 marks)

[prokartace] 17/3/2022 09:37

THe problem with plain/plane sailing is that it has absolutely nothing to do with this share which exhibits anything but!! What we need is for the shares to move above 730p to break a year long downtrend and put us back on an even plane

[donald pond] 17/3/2022 08:30

The problem with "plain sailing" is that it makes no sense. As opposed to what? "Pretty sailing", "flavoured sailing"? It's a bit like "tow the line" rather than "toe the line". Both may be acceptable on the basis of common usage or "we know what you mean" but only one makes senseYesterdays 8% dip and bounce really was a gift.

[lazg] 17/3/2022 07:48

A plane is a flat surface or a flying object. Plane sailing, only when there is no wind? I "complane".

[loglorry1] 17/3/2022 07:44

I realise in Canada not US but the indebted basket case Cineworld lost a case against Cineplex (in canada) where Cineplex were awarded $C1.23bn. Cineworld has appealed it and they don't have to pay a dime until the appeal is heard which they say will be at least another year (18m from first decision).

Obviously a different duristiction but an example of not having to lodge funds when you lose before appeal.

[divmad] 17/3/2022 07:19

But either is permitted with sailing in English.

[donald pond] 17/3/2022 07:03

Just to finish the point though, plain and plane are different words with different meanings. A plane being a flat surface.

[loglorry1] 16/3/2022 16:47

Donald it is Flare1 not Flare or even Flair.

Where do I send my £400 invoice?

[al101uk] 16/3/2022 16:03

"Then came the churches then came the schools
Then came the lawyers then came the rules"

Lawyers came after schools, but before rules :-)

[williamcooper104] 16/3/2022 15:27

Now you just need to send him an invoice for £400 :)

[donald pond] 16/3/2022 15:15

Just to prove my lawyer credentials I will correct Flare on his spelling. It's "plane" sailing, not "plain". The idea is that navigation is simple if you treat the globe as flat

[williamcooper104] 16/3/2022 15:05

Indeed companies come and go and Argentina was gone bust something like 9 times Is in a little league of own when comes to sovereign credit history (Always manages to find new muppets to borrow from though so always hope :)

[flare1] 16/3/2022 15:04

loglorry1,

Re your "you can assume YPF and the state are one and the same" comment:

That may be the case but whilst companies come, go and get taken over (some even go bankrupt - would you believe it!), the Argies government will remain in place. In the event that they do loose the case (which they will), failure to pay the American Courts decision would only mean more heartache for them.

P.S.

Additionally and as per the script, today's share price drop filled the gap created between 08/09 Mar 2022 (down to 651p). It should now be plain sailing from here on. Lol.

[williamcooper104] 16/3/2022 14:20

More fun than my kids NFTs

[williamcooper104] 16/3/2022 14:20

Indeed - just enjoy it

[lomax99] 16/3/2022 13:57

Short interest was up in the US recently, however there was also a lot of institutional's buying:Https://www.google.co.uk/amp/s/www.marketbeat.com/instant-alerts/nyse-bur-options-data-report-2022-03-2/amp/

[gettingrichslow] 16/3/2022 13:55

Presumably it feels like ‘good news is leaking from somewhere’ now then?

[williamcooper104] 16/3/2022 13:44

Don't worry; she always gives you a chance to buy again lower