Litigation Capital Manag... Share Discussion Threads

[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.

[leadixon] 26/1/2021 22:06

although i'm also invested in MANO, the diversification and overall set up is significantly better with LIT, as to why MANO is much smaller holding of mine.

[leadixon] 26/1/2021 22:06

although i'm also invested in MANO, the diversification and overall set up is significantly better with LIT, as to why MANO is much smaller holding of mine.

[busterdog2] 26/1/2021 18:27

I half expected Lit to get hammered in sympathy with Mano this afternoon. Thank goodness it didn’t.

[greenknight1] 20/1/2021 19:53

Personally I'm liking it being a little quiet as it's giving more opportunities to add as funds allow!

[74tom] 20/1/2021 19:09

Agree Greenknight1 if it’s not deemed material then it’s a good sign overall. I just think when it’s been over 4 months since their last RNS it wouldn’t do any harm! All rosy long term of course.

[greenknight1] 20/1/2021 15:35

Speaking of which; I still find it mind blowing that the $416M AUM should equate to close to $1B in capital growth over the next 3ish years. This is also not including any further third party funds or capital reinvestment that are expected. I am consistently adding at this level with a view of doing very well out of this.

[greenknight1] 20/1/2021 15:29

I suspect where LIT is moving towards having $416M worth of assets under management they are moving away from updating on individual cases/portfolios. Unless of course they are worth a huge amount as with BUR and the Petersen case.

[74tom] 20/1/2021 14:57

They announced significant case funding last August so they historically have done, it certainly sounds like material news that is share price sensitive...

[busterdog2] 20/1/2021 14:36

If they win it, it might?

[74tom] 20/1/2021 12:59

I mean surely that was deserving of an RNS?!?

[johnwig] 20/1/2021 09:33

Thanks for that link, aussie. Very interesting.