Burford Capital Share Discussion Threads

[1aconic] 27/1/2021 12:11

Further to Trev: The comment made on the H1 earnings call was that there can be a bias to H2 because finance managers tend to know how the current year accounts are shaping up. That can make them more inclined to settle in H2 than they might be in H1 with more uncertainty on that front. However, it was mentioned in the context that this year is unpredictable due to court activity being down in general. They also raised the very valid qualifier that it matters not one jot because if cases don't progress this year the value stays in the portfolio for later realisation or otherwise.

[riverman77] 27/1/2021 11:32

Well I hope you're right tradertrev, let's hope it's been a busy H2 when they update next month. I just remember the previous H2 was unusually quiet but perhaps that was a one-off.

[tradertrev] 27/1/2021 09:00

riverman, I tend to disagree with your idea that Burford's H2 is usually quiet. Management have said there is some seasonal bias to H2 as there is always some lawyer focus pre year-end on getting some settlements agreed. Having said that, 2019 H2 saw some of this activity slip beyond the year-end into 2020 H1 so it did end up fairly quiet and no doubt there will have been some Covid impact on 2020 H2, although media reports suggest the sector is busy.

[kirkie001] 27/1/2021 08:33

Williamcooper - where's your "elsewhere fun"? I'm similarly thinking of trading out of some of my fixed income as it's within 10% of recent highs, and thinking of reinvesting elsewhere.....

[williamcooper104] 26/1/2021 23:30

Funny - I've just looked at my watch list - totally tanked today - profit warning Was v lucky in that I invested the half of my BUR that I sold into MANO - but then got out when the PE and price/book got to nose bleed levels

[dekle] 26/1/2021 23:22

I read about Mano, they are in the insolvency market and the government support for business has meant fewer company collapses and therefore less potential new cases

[scubadiverr] 26/1/2021 22:59

I suggest you take a look if not

[scubadiverr] 26/1/2021 22:56

Have you seen mano today?!?

[williamcooper104] 26/1/2021 22:53

LIT is getting a bit of positive momentum recently - as is MANO - though I'm no longer invested there BUR is standing out now, and I think (IMO) that it's Peterson

[williamcooper104] 26/1/2021 22:51

I've a call and sold most of my equity down - too much fun to be had elsewhere May trade back in around February press release - we shall see Certainly it's always been good value at 5 something which is were the recent momentum looks to be taking us

[riverman77] 26/1/2021 22:28

The second half of the year tends to be quiet for BUR, so I will probably wait until the next H1 results, which should be around August. We should hopefully have some news on the Peterson case by then as well. If it's still not recovered at that point then I'll be moving on, but I think worth sticking around till then.

[rar100] 26/1/2021 14:55

time traveller,

I'd think so, but the salaries and perks are pretty good

Next results decides whether I sell up

(it's an embarrassment for me just holding for 3 to 4 years)

[time_traveller] 26/1/2021 13:44

The 15% fall in the NYSE share price since it's debut, (amidst climbing indexes) must surely be a source of embarrassment for management?

[lomax99] 25/1/2021 12:46

Https://www.google.co.uk/amp/s/batimes.com.ar/news/amp/opinion-and-analysis/your-petrol-frizzled.phtml

[williamcooper104] 25/1/2021 12:31

Was just checking to see if there was any news or anything tangible moving the share price today

[lomax99] 25/1/2021 12:26

Yup, might add a few.

[nigelmoat] 25/1/2021 12:26

Amazing how Mr Market moves this share price up and down on little volume and no news.

[hatfullofsky] 24/1/2021 12:57

All five of these companies are in the financial sector. Says it all

[dagoberia] 24/1/2021 12:04

we are in the motley fool recommend stocks this week, lol..https://www.fool.co.uk/investing/2021/01/22/5-cheap-uk-shares-that-i-think-warren-buffett-might-like/

[geraldus] 22/1/2021 17:30

I have also had an invitation to a virtual fireside chat a week Thursday. I can't wait.

[lomax99] 22/1/2021 16:47

Well I have just received a Burford Newsletter!

[lazg] 19/1/2021 20:04

Buying the dip.

[williamcooper104] 18/1/2021 17:41

Peterson has already paid out; so was the right thing to do Just wished it was in a listed cell such that Bur could then be valued without Peterson and shareholders could then adjust their holdings as to how much exposure they wanted to Peterson/Argentina (and the Argies could make a bid for the vehicle if they wanted)