Litigation Capital Manag... Share Discussion Threads

[74tom] 21/4/2021 21:42

Well Patrick said they could sign the new fund when the first one was 75% deployed, given it was 68% deployed as of mid March, it shouldn't be far away. Agree it doesn't need much at all to get through 100p, just look at RBGP which has gone from 57 to 130 in the last 3 months...

[jonwig] 21/4/2021 17:39

scuberr - Ha, Ha!
I hope I only post information and opinions, never what I think of other people.

I read the article and it's a pretty good summary of what's in the public domain anyway. He seems to be the US equivalent of an adviser or wealth capital firm. Some of the other articles on his blog look to be good reading, but I'm not much into US concerns.

Last time I posted here was to draw attention to LIT's accounting: cash cost valuation of litigation assets.
So what they reveal in public is what their stuff costs, but not what they think it's worth today. Management and in-house lawyers will have a pretty good real-time opinion of the ongoing value of cases - whether to raise (ie. provide more funding), hold, or fold (ie. to close down any future funding). They reveal none of this. Too much scope for insider actions.

[scubadiverr] 21/4/2021 16:06

With this being the freer thread (ie. not controlled by the unscrupulous joHnwig) I thought I would share a thesis for one of LITs competitors. It's always good to have a thorough understanding of the competitive environment prior to making an investment. I hope this helps to inform.

[bigbadaussiebear] 21/4/2021 15:41

Pushing off that 75p base might have legs to 100p soon. Now would be a good time to announce the new fund...

[greenknight1] 16/4/2021 19:35

What's all this talk about 100p year end! 150p in my view once cases start closing. Then on to 200p next spring.

[nigelmoat] 16/4/2021 14:05

Been adding recently on pull back. Don't think will be hear for long. My prediction is 100p earlier than year end.

[johnwig] 16/4/2021 13:23

Ostrich. Or maybe emu would seem to be more appropriate bearing in mind its origin.

We've got plenty of roosters, albeit bantam roosters, crowing their stuff on some of these threads.

[flagon] 16/4/2021 13:10

I expect LIT to become a rooster within the timescale I alluded too.

[bigbadaussiebear] 16/4/2021 12:54

I'm not here for baby chickens... Here to see the eggs turn into roosters...

We should hear news on the new fund soon.. Hopefully we finish the year above 100p

[bigbadaussiebear] 16/4/2021 12:20

Where is everyone? Sold out already?

[bigbadaussiebear] 12/4/2021 23:25

600k volume and only 20k went through at 77p and it closes there... Someone's trying to shame a few more out...

[bigbadaussiebear] 07/4/2021 09:54

Thanks for the cheap shares MITON

This looks like its finally heading to a fairer value now...

Let alone pricing in the future potential earnings...

[sambessey] 06/4/2021 15:10

Aye looking strong... lots of upside yet I feel...

[bigbadaussiebear] 06/4/2021 09:58

Nice push today...

[scubadiverr] 28/3/2021 21:57

https://www.investorschronicle.co.uk/ideas/2021/03/26/exploiting-a-valuation-anomaly/"LCM's share price is trading at the entry point in my 2019 Bargain Shares Portfolio and well below my fair value of 120p even though management is delivering. Buy."

[greenknight1] 26/3/2021 13:46

Just another good opportunity to get more - at least it's pay day!

[bigbadaussiebear] 26/3/2021 12:36

Yawn short sighted pip traders selling a life changing investment opportunity

[tomps2] 23/3/2021 14:35

#LIT H1 21 full institutional results presentation by Patrick Moloney, CEO, Nick Rowles-Davies, Executive Vice Chairman, and Mary Gangemi, CFO.

Video:

Podcast:

[shanklin] 23/3/2021 14:34

Longer results presentation.

[bigbadaussiebear] 23/3/2021 00:25

Just more short sighted sellers that will end up regretting it with time... Just like Miton are probably already... Up 40% from where they sold the bulk of their stock

[warno01] 22/3/2021 23:47

Or more likely profit taking after a 25% rise in just a few days having been in 60s and 70s for last 12 months.

[jojaken] 22/3/2021 14:04

According to Stockopedia's data LIT has had it's forecast earnings for this year and next cut over the weekend, by -1.62p to 8.80p this year to Jun 30th and by -1.73p to 14.71p for next. This may account for as much as the profit taking in today's fall IMO.