Litigation Capital Manag... Share Discussion Threads

[bigbadaussiebear] 10/2/2021 10:50

Good to see buyers turn up...

Just added some more GBP into my account so if it goes below 65p I'm adding more. Already balls deep on this... .

[the air marshall] 10/2/2021 08:50

You could well be right, Harijan.

[harijan] 09/2/2021 13:59

Strange thing is that the volumes are not that big, so that a turnaround could come quite quickly.....

[williamcooper104] 09/2/2021 12:58

Will do thanks

[leadixon] 09/2/2021 12:57

Ye agreed, not sure if there’s some further institution selling based on the recent share price uplift, but thinking of topping up even though it’s a pretty big holding already.

[scubadiverr] 09/2/2021 12:52

Markets are strange. Mano now up 4% and lit down

[scubadiverr] 09/2/2021 12:50

You've just missed a 3p divi. Check out the latest TU Webinar as more pertinently you'll see they have >150m of legal assets not credited on the b/s. Pretty significant when you check the current market cap is less than half this. Its been my strongest conviction hold (and against market sentiment) and starting to pay off now, and along still to go. Law firm is the core but check out the M&A side too. Pm me with email and I can send you some useful info.

[scubadiverr] 09/2/2021 12:43

I'm hoping that there's no read through from Lit's delayed 3rd fund. Either I'm not selling at 6

[williamcooper104] 09/2/2021 12:29

TU on 17 Feb will be very interesting

[williamcooper104] 09/2/2021 12:28

RBGP are the only litfin exposed I've never invested in - will have to check out - they appear to have a dividend too (while Bur shouldn't pay a divi it would be nice given the amount of sideways/range bound trading)

[scubadiverr] 09/2/2021 11:12

It looks like BUR may hit 600 for a third time. If bounces, and of course depends on TU on 17th, it could be a good rentry point for you.

[scubadiverr] 09/2/2021 11:00

You don't need to point that out to me! Thankfully RBGP going strong

[williamcooper104] 09/2/2021 10:47

Bur and Mano down too over last few weeks

[greenknight1] 09/2/2021 10:42

If that's the case then people are crazy. Even without the new fund, if the company executes its current assets under management then this should be worth many multiples of the current share price.

[scubadiverr] 09/2/2021 10:16

My guess is that the continuation of the selling is due to lack of news on the new fund. One can only conclude that business is behind schedule.

[74tom] 09/2/2021 09:28

One thing I would say is that strangely enough we didn't ever get a holdings RNS from Miton to say they had gone below 3%... Was it the case that they finished selling their line of stock just before Christmas but retained a holding which they have started to sell again in the last 2 days? Aggressive selling + lack of TR1 suggests to me that this is Miton again... If it is them then it can't go on forever!

[scubadiverr] 31/1/2021 12:01

An interesting article in the FT today about companies wanting to replace Hong Kong as the court for arbitration due to China's increasing influence. Singapore seems to be the new preference in APAC. Another welcome tailwind for LIT

[bigbadaussiebear] 29/1/2021 16:50

Well I bet miton feel like idiots.. Because I feel the opposite

[speny] 29/1/2021 14:17

We've not had any news since the FY results back in September, must be due an update soon, hopefully......

[greenknight1] 29/1/2021 13:20

Every small buy pushing this up at the mo.

[dekle] 28/1/2021 08:03

See release from RBGP this morning

[bigbadaussiebear] 27/1/2021 15:34

200,000 through at 71p

[greenknight1] 27/1/2021 09:19

As a percentage of cases, insolvency only accounts for around 10% of LITs portfolio. MANOs problem will not affect LIT as the "best" insolvency cases will still be able to be cherrypicked.

[bigbadaussiebear] 27/1/2021 09:08

Only one listed litigation funder globally uses conservative accounting... That is LIT

LIT also invests in a diverse range of case types. So their opportunity to generate future returns is not suffering like MANO.