Litigation Capital Manag... Share Discussion Threads

[tomps2] 15/3/2022 08:05

Litigation Capital Management (LIT) HY22 results overview

LCM’s CEO, Patrick Moloney & CFO, Mary Gangemi give an overview of their results for the period ended 31st December 2021.

Watch the video here:

Or listen to the podcast here:

[bigbadaussiebear] 15/3/2022 07:37

Looks like they have clearly stated to the market now that some cases are about to be concluded and recognised... Most likely in the next couple of months..

[greenknight1] 15/3/2022 07:31

I like the inadvertent hidden guidance when mentioning the tax percentage to pay - Statutory tax rate of 25% is applicable to Australian entities with aggregated turnover below $50 million for the period ended 30 June 2022. The Group's turnover is expected to be above the threshold of $50 million in the future reporting periods which will attract a statutory tax rate of 30%.

[bigalan3] 15/3/2022 07:26

A solid set of interim results. Promising long term.

[bigbadaussiebear] 14/3/2022 12:29

They have gone from 3% to over 12%

management have been adding...

float is getting very tight now with long term sticky hands...

[greenknight1] 14/3/2022 10:43

Collins increasing holding again. Good sign.

[greenknight1] 14/3/2022 10:01

I feel that 250p is conservative by 2025. I suspect we will be seeing 4-500p by then

[bigbadaussiebear] 14/3/2022 09:03

Haven't been on here in a while... Good to see things going well... Expecting this stock to still reach 250gbx by 2025

Already up 100% on the 300k shares I got at 56p and more than 100% on the 200k shares I hold from 40p pre aim ipo

[the air marshall] 14/3/2022 08:27

You were right, again, johnwig. Over on jonwig's corrupt thread he's still telling them that Miton is the biggest share holder!

Looking good..

[greenknight1] 11/3/2022 22:42

Thought we got rid of this c*nt

[williamcooper104] 11/3/2022 18:37

Found with Burford that director buy/sell signals were remarkably accurate

[jackson83] 11/3/2022 16:35

I had a top up last week at 90p

[williamcooper104] 11/3/2022 16:34

Yeah - that's the hint I took

[idomeneo] 11/3/2022 15:41

Looks like somebody has got wind of good results. Direction buying >£1m some while back was also a hint!

[johnwig] 10/3/2022 12:33

Well, the volume has been very low for ages allowing the share price to dribble down for no real reason except perhaps a biggish investor desultorily exiting a srategic position. I thought to myself last Friday it was a good time to buy a few for trading purposes with the hope of stonking results next week. However I remain steadfastly committed to my rather large, for me, basic investment. Good luck to all with a good heart.

[greenknight1] 10/3/2022 10:10

Looks like we are going to get a nice run into results on Tuesday (which will be excellent)

[farnesbarnes] 10/3/2022 09:15

Stick it on the claim:

[l2b] 18/2/2022 01:03

Indiana Resources (IDA) v Tanzania Gov

Yesterday, an article published by Africa Intelligence titled “Dodoma hopes to talk its way out of mining arbitration”.

Response from IDA on the ASX today - "The Company confirms that it has not been approached by the Untied Republic of Tanzania to engage in any settlement discussions. The Company however remains open to engaging in discussions and would welcome reasonable offers to settle the current dispute."

LCM funded IDA for US$4.65m (success based repayment)

[l2b] 16/2/2022 20:30

Katie Perry v pop star Katy Perry

Closing remarks over trademark case in Sydney yesterday - decision soon

LCM funding Katie Perry.

[greenknight1] 16/2/2022 14:14

I doubt people are buying in for the close of the 2nd fund. We already know it's coming so nothing new. I think it's more a change in sentiment driven by the director buys and the recognition that (finally) the direct investment portfolio it's reaching maturation.

[blueball] 16/2/2022 13:26

120p by Friday imo.

[nchanning] 16/2/2022 13:11

Would be in no rush to take a quick profit here . If the business model works and they continue to achieve similar rates of return as in the past , while spreading operational costs over a bigger number of cases , and with a bonus kicker from the funds , this could be a big fat multi bagger

[nchanning] 16/2/2022 13:06

Could also be the close of the 2nd fund , even if it was 98% done the board would probably still be allowed to buy shares

[robsy2] 16/2/2022 13:02

Yes, that sounds plausible.

[hpcg] 16/2/2022 12:18

Traditionally this type of sudden rise has been immediately prior to a significant court case award. I'm guessing the buyers know the verdict but not yet the amount of the win.