Litigation Capital Manag... Share Discussion Threads

[tole] 24/5/2021 17:27

https://citywire.co.uk/funds-insider/news/randms-ensor-phenomenal-momentum-can-drive-small-cap-rally-into-next-year/a1511739?re=85439&ea=59818&utm_source=BulkEmail_FundsInsider+Afternoon&utm_medium=BulkEmail_FundsInsider+Afternoon&utm_campaign=BulkEmail_FundsInsider+AfternoonHe's also backing another law firm, Litigation Capital Management (LIT), which he said has generated an internal rate of return (IRR) of 78-80% on the cases it takes on over the last nine to 10 years.'It's clearly got track record at case level and is very conservative in its accounting- it only recognise any benefits of cases when it completes. This can be as long as five years, so it's income can be lumpy but there are no writedowns.'

[warno01] 22/5/2021 16:24

Crash?! - assumning you meant to post a sarcasm emoji. If not then it's gone from 55p to 98p in 5 months. 78% increase (which you know). Stop spouting nonsense THQ. Makes you look foolish. Back to levels of over 2 years ago with much stronger balance sheet plus fund launched. 4-5% drop does not = a crash.
Pains make to take the time typing this. There will likely be some bumps in the road, however there should be at least 10-20% from here before end of year, maybe more. Good enough in most people's books.

[nigelmoat] 21/5/2021 13:16

Don't think price will be below 100p much longer. Has pushed above a couple of times only to be pulled back by general market sentiment. Fill ur boots-good long term prospects imo.

[bigalan3] 21/5/2021 12:48

Surely a long time winner. Just trying to convince myself.

[bigalan3] 21/5/2021 12:47

Surely this is the long time winner. Just trying to convince myself.

[transhoneyqueens] 20/5/2021 12:17

probably best if I don't post again until we are above 200p .. enjoy final post guarantee until then

[transhoneyqueens] 20/5/2021 12:14

any reason for the crash to 98p today ?

[farnesbarnes] 20/5/2021 09:37

Median value is 6.9bn including Carillion.

[someuwin] 20/5/2021 09:27

This new Carillion agreement is the twelfth active case they're funding in the £200m+ range.

Future earnings growing to be very significant.

[parob] 20/5/2021 08:33

It's in The Times too:Funder backs claim against KPMG over CarillionhTtPs://www.thetimes.co.uk/article/funder-backs-claim-against-kpmg-over-carillion-kns2l0twt

[someuwin] 20/5/2021 07:55

Litigation Capital Management 'delighted' to be assisting creditors of collapsed builder Carillion

[greenknight1] 19/5/2021 22:44

https://www.fnlondon.com/articles/kpmg-faces-lawsuit-over-botched-quindell-audit-20201002 This is an interesting read and seems clear that previous judgements involving dividends have found the auditor at fault. A very good sign for LIT. " The Court of Appeal ordered Grant Thornton to pay £22m to Aim-listed Assetco. The judgment found that auditors could be liable for losses caused by dividends that should not have been paid or losses caused by business decisions that were based on faulty audits"

[trotterstrading] 19/5/2021 22:40

This latest agreement with the U.K. GOVT and Corrilion could net LIT ten of £m's yet on AIM it's worth tuppence. Lol

[farnesbarnes] 19/5/2021 10:08

Conservative bowl target of 140p there.

60p, now becomes 80p. No 90p. Then 93p.

Keep guessing ladies.

[someuwin] 19/5/2021 09:54

Buy before the breakout

[transhoneyqueens] 19/5/2021 09:46

shame sellers are dumping today as more share for me when we return to 93p

[transhoneyqueens] 19/5/2021 09:43

when is the divi paid ? this will be 10 pounds within 4 years

[jackson83] 19/5/2021 09:37

great times to be holding & only love to funky finance

[bigbadaussiebear] 19/5/2021 09:32

This is going to 200p within 24 months

[farnesbarnes] 19/5/2021 09:20

60p needs citation

[jackson83] 19/5/2021 09:18

will hold long term / 400p

[jackson83] 19/5/2021 09:10

Mateus is one of the rare good guys.