Litigation Capital Manag... Share Discussion Threads

[someuwin] 12/7/2021 16:19

I note that last year we got a trading update for year end June 30th on July 10th. If they provide a similar update this year then we might get an RNS soon.

[1tcm1] 12/7/2021 10:10

I want to buy more of these but the spread is still a bit silly!

[transhoneyqueens] 09/7/2021 18:48

Get well soon funky.

[hotaimstocks] 09/7/2021 13:38

had a top up at 120p bargain

[hotaimstocks] 08/7/2021 18:53

FUNKY FINANCE has vanished from twitter today ? hope he is ok.

[someuwin] 08/7/2021 17:17

Tiny volume. Only about 60k shares traded. Inconsequential.

[jackson83] 08/7/2021 16:16

looks like a mass selloff by hots , Jackson and myself as we wait for 100p top up.

[hotaimstocks] 08/7/2021 16:12

PANIC SELLING due to Dow crashing 400 points due to new Delta Variant

[transhoneyqueens] 08/7/2021 13:34

in 12 months from now we will be above 250p

[scubadiverr] 08/7/2021 09:38

I forget the names of the law firms that LCM have entered into a strategic alliance, but they are large and worthy, with the intended benefit of increasing the quality of submissions received through education and better understanding. This will hopefully allow the acceptance ratio to increase while not impacting win ratios, and thus increase profitability by reducing underwriting costs.One of my concerns with MANO is that they appear to have relaxed thier acceptance thresholds in order to increase the number of new cases without such an initiative, which imo, may well adversely impact future profitability.

[muffmitz] 08/7/2021 09:13

someuwin, thank you for your diligent and honest research. I for one very much appreciate.

I should say also that it's nice to have this thread as a tranquil haven from the hysterical but ineffective trolling taking place elsewhere. LIT is progressing in a spectacular fashion despite all the hubbub.

[hotaimstocks] 07/7/2021 21:51

bought a few more on the dip today.

[djderry] 07/7/2021 20:08

For me,the two most interesting points from the video someuwin posted were,firstly,they have their second managed fund almost ready to go and ,secondly,their conversion rate is steady between 3%and 7%.In my opinion,that's a key indicator.Unless they embark on mass tutorials for law firms and other potential customers whereby their standard of application goes up,I would want to see this conversion ratio maintained.

[davr0s] 07/7/2021 19:37

I need to block funcky. However if anyone needs a tip I can sell them a bridge in a prime London location

[transhoneyqueens] 07/7/2021 16:45

King of stocks Funky finance says this is a top holding ... hopefully see 700p next year

[1tcm1] 07/7/2021 12:18

Oh djd you sanctimonious piece of pish. You've been totally skewered by other poster's well-put logical arguments about your spurious praise for BUR's accountancy as opposed to LIT's. You are clearly not intelligent enough to understand that. If indeed you and Windyfrith are separate entities you really deserve each other. I have nothing else to say.

[maddox] 07/7/2021 12:12

This pointless name calling is spoiling this thread - please can we allow people to express differing opinions without resorting to name calling.

[djderry] 07/7/2021 12:04

Scubadiverr,I see what you mean.Any diverse views which are based on fact are rubbished with a predictable playbook: Attack the poster personally,try and twist their words,put up no counter argument ,save for name-calling and call that debate!
There is obviously no real exchange of views here and no attempt at engagement.I must reluctantly filter all of them ,or their various aliases.I say 'reluctantly' because,generally speaking,I like to hear cogent,well thought-out counter arguments.The danger is one inhabits a 'silo' ,hearing only like-minded posters who reinforce one's own views.However,it's probably a small price to pay.
One last piece of advice to those trolling : Practise kindness.You will begin to feel good about yourself and others. Don't believe me? Just try.

[scubadiverr] 07/7/2021 10:41

And yet another joHnwig account. I recommend any readers check out the post history of this account and the others I've detailed to see for themselves. This guy is unhinged, attempting to control the narrative by focusing attention of others by use of multiple profiles, and no doubt driven by an inferiority complex as the "enemy" appears to have a better understanding of the markets and makes more interesting posts. He even has gone to the length of taking his name!

[1tcm1] 07/7/2021 09:29

djderry or whatever, I think you should stop thrashing around. You are weakening your case with every post. You made exactly the wrong choice so please stop bleating. Clearly by your own testament BUR is using a crooked valuation which, it follows, is designed to mislead investors. Why else would they do it so consistently as you claim?

[djderry] 07/7/2021 09:12

greenknight1 and pete_bane,you both use similar sentence structure, grammar and call people names in the hope of belittling their views,so I'll deal with your points together.
I am not attacking LIT's accounting methods.I am pointing out that both Bur and LIT use different methodologies and neither is perfect.My point is that to claim one is superior to another,with no evidence to substantiate your view is just,well,an opinion.
Putting out an RNS ,for the reasons I have already outlined in detail stands.Calling a poster names will not change that.Putting money into a case has a range of outcomes.What don't you understand about that? It's akin to a gambler at the roulette wheel announcing they have placed a bet on black.
The comment regarding fair value warrants further consideration .If a criticism can be made,it could well be the one you make,ie,that because Bur is so conservative about its fair-valuing,that it could mislead an investor as to the subsequent outcome.I think if you look at their track record,it's very much no fair value increase ( apart from Petersen,sparked by secondary sales) until the final year or two,then ,on average,30% of the eventual realisation.If you are one who likes one's company to underpromise and overdeliver,then I'm happy enough with it.
To the poster who suggested I've lost a lot of money,I think you are mixing up volatility ( share prices going up and down ) with risk ( ie,losing one's money).I haven't lost a penny.I have continued to purchase Burford shares.I am not advising anyone else to do so.But I have not lost a penny.I still have the shares ( and,as an aside, received almost €6000 euro in dividends recently).You see,as an investor,I'm a part owner of the company.I know what I've bought and why I've bought them.
If you want to improve as investors I would be happy to suggest some books as a primer.If you are confused about volatility and risk,I would recommend 'Thinking in bets' by Annie Duke.
Finally,try to act like adults.Stop the name-calling.Most of us grew out of it when we were in short pants.

[pete_bane] 07/7/2021 08:41

"djderry" YAWN! You and others chose to follow the crooked jonwig line to attack LIT and its mechanisms in order to benefit BUR. That was wrong and you are losing a lot of money and whinging pathetically all over the place.

Here's just one example of your illogical stance. "In other words,they invariably underestimate their subsequent realised gains,to a substantial degree!" So what is the point of this miraculous "fair value" if every estimate you make is "invariably" incorrect? You call that honesty? I don't. Load of shysters.

[someuwin] 07/7/2021 08:20

Litigation Capital Management: Tracking Progress
Jul 7, 2021

Litigation Capital Management's (LON:LIT) Patrick Moloney discusses the company's track record since listing in London and how investors should weigh up its performance. He also outlines LCM’s investment cycle and what effect that has on its revenue line.